Tax Judiciary
Interest on Loan for Purchasing Agricutural Land not Allowable U/s 36 (III) of Income Tax Act (Kerala High Court) HIGH COURT OF KERALA Mini Muthoottu Credit India (P) Ltd. V/s CIT Appeal Number: ITA No. 76 of 2019 Date of Judgement/Order: 25/03/2024 Background: Mini Muthoottu Credit India (P) Ltd., a company providing asset management services, […]
“Supreme Court of India: The Honorable Supreme Court has acknowledged that the burden of proving the claimed Input Tax Credit lies with the purchasing dealer. REPORTABLE IN THE SUPREME COURT OF INDIA State of Karnataka Vs M/s Ecom Gill Coffee Trading Private Limited Appeal Number: Civil Appeal No. – 230 of 2023 Date of […]
Concept of pre-deposit As mentioned earlier, the right to appeal is a statutory right which operates within the limitations placed on it by the law. One such limitation flows from the principle that an appellant must first deposit the adjudged dues before his further appeal can be heard. However, often an appellant may succeed in […]
Calcutta High Court: – Carrying of Soft copy of Invoice is not valid physical copy of Invoice is mandatory. GST Landmark Judgements CALCUTTA HIGH COURT IN THE CIRCUIT BENCH AT JALPAIGURI WPA 3415 OF 2022 J.K. Jain Buildtech India Pvt. Ltd. Vs. Assistant Commissioner, Revenue Bureau of Investigation North Bengal Head Quarter Siliguri & Ors. […]
जीएसटी अपडेट (हिन्दी) || Date of Pub. :- 27.01.2024 मासिक पत्रिका दिसंबर 2023 Online Edition: 27.01.2024 Price-35/- After Payment Share Receipt on 8386982822 Also Subscription Option Available For Online Payment Subscription Charges Click below link Subscription Rates (Hindi) YEAR PRICE Click For Subscription (After Payment Send Receipton What’s App Number- 8386982822 ) 1 Year 299/- […]
ITAT Surat held that Legal Ignorance No Excuse for Delayed Appeal Filing IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH (SMC), SURAT BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER Nileshkumar Chhaganbhai Vasoya Vs ITO (Surat) Appeal Number : ITA No. 64/Srt/2023 Date of Judgement/Order : 08/05/2023 Assessment Year: 2017-18 Order under Section 254(1) of Income […]
महत्वपूर्ण अंतिम तिथि नवंबर-दिसंबर-2023 20th नवंबर 2023 जीएसटीआर–5A ऑनलाइन सूचना और डेटाबेस एक्सेस या रिट्रीवल सर्विसेज (OIDAR) देने वाले के द्वारा आउटवार्ड टैक्सेबल सप्लाई (मासिक फाइलिंग) अक्टूबर –2023 20th नवंबर 2023 जीएसटीआर-3B (मासिक फाइलिंग) अक्टूबर –2023 (पिछले वित्तीय वर्ष में 5 करोड़ रुपये से अधिक के एग्रीगेट टर्नओवर के लिए) or मासिक फाइलिंग 10th […]
GST Applicabality ON supply of ready to eat and ready to cook food products KARNATAKA STATE AUTHORITY FOR ADVANCE RULING Case Name: SATS Food Solutions India Private Limited (GST AAR Karnataka) Appeal Number: Advance Ruling No. KAR ADRG 11/2023 Date of Judgement/Order: 21/02/2023 Since the applicant is into manufacture of ready to eat and ready […]
Compounding fee does not exceed the fine prescribed by penal section, the same cannot be declared to be either exorbitant or irrational or bereft of guidance.” HIGH COURT OF JUDICATURE FOR RAJASTHAN JODHPUR. M/S. Alwar Malt And Agro Foods vs State of Rajasthan on 11 March, 2019 “SB Civil Writ Petition No. 369/2016 titled as […]
Proposed Changes in Tax Rates-Budget 2023 In the alternate tax regime under Section 115BAC, a revision to the basic exemption limit and the number of slabs has been proposed. The revised basic exemption limit shall be INR 3,00,000 and for every additional INR 3,00,000 of income, the next slab rate will be applicable. The highest […]
