Tax Guru2h
Mandatory Personal Hearing in Faceless Assessments: Allahabad HC Ruling
The case of Ara India LLP vs. National Faceless Assessment Centre (NAFAC), as heard by the Allahabad High Court, revolves around the issue of denying the opportunity for a personal hearing in a ...
Tax Guru20h
CGST Rule 86(A) not allows insertion of negative balances in Electronic Credit ledger: Telangana HC
Further, the Court noted that Rule 86 (A) provides harsh powers to restrict debit from the electronic credit ledger, ...
Tax Guru4h
ICAI Penalizes CA for Neglecting Registered Office Visit Before Filing SPICe Form
ICAI penalises CA for not physically visiting registered office of Company before filing its SPICe Form The Institute of Chartered Accountants of India (ICAI) ...
Tax Guru7h
No service Tax on Sale of Coal Purchased from CIL to End users at 5% Margin
The tribunal further noted that the fixed remuneration of 5% charged by the appellant was part of the sale price, and the resale price was fixed by agreement. Since both the appellant and CIL ...
Tax Guru7h
CIT(A) can admit additional evidence after giving full opportunity to AO
The Revenue raised concerns regarding the admission of additional evidence by the CIT(A) under Rule 46A(1) of the Income Tax Rules, 1962, and the subsequent deletion of certain additions made by the ...
Tax Guru7h
Services By Microsoft India To Microsoft Singapore qualifies as export of Services
Microsoft Corporation India Pvt. Ltd. was engaged in providing marketing support services under an agreement with Microsoft Operations PTE Ltd., Singapore. The services were not directly related to ...
Tax Guru6h
No Penalty Without Proof of Tax Evasion for Non Filling of Part-B of E-Way Bill
In a recent judgment, the Allahabad High Court addressed the issue of imposing penalties for the non-filing of Part-B of the E-Way Bill without proof of intention to evade tax. The case, Rs Industrial ...
Tax Guru7h
TNVAT: Remand Ordered Due to Incorrect Assumption of Inter-state Sales
The petitioner contended that they had only engaged in intra-state sales and that the conclusion of inter-state sales in the impugned order was erroneous. Upon discovering the order, the petitioner ...
Tax Guru6h
GSTR 9C reconciliation statement not considered: HC directs reconsideration
In summary, the court directed reconsideration of the tax demand, emphasizing the importance of addressing the petitioner’s submissions and ensuring procedural fairness.
Tax Guru6h
Taxpayers Must Monitor GST Portal, Unawareness Not Justification: Madras HC
In the case of Tvl. Gayatri Granites Vs Assistant Commissioner (ST) before the Madras High Court, the petitioner challenged an order dated 16.08.2023, along with the consequential demand notice dated ...
Tax Guru6h
Reply not considered, Madras HC Sets Aside GST Order, Remands for Reconsideration
In light of the oversight, the Madras High Court nullified the impugned order dated 29.12.2023 and remanded the matter for reconsideration. The respondent was directed to afford the petitioner a fair ...
Tax Guru8h
Importance of Timely Compliance under Companies Act, 2013 & Consequences
Recently, we have observed that the Companies who failed to comply with the provisions of the Companies Act, 2013 within the stipulated time are witnessing the ...