News Update

Gurugram-based real estate developer raided; Income tax finds tax evasion on Rs 25 Cr long-term capital gainsPresident’s Rule imposed in Puducherry after 30 yearsGovt decides to regulate social media, streaming services through Rules under IT ActDelhi Customs sets ablaze 15.8 lakh smuggled foreign brand cigarettes worth Rs 2.4 CroreOECD urges tax jurisdictions to take action against tax fraud enabling professionalsPM launches development projects to 'improve' lives in Puducherry57 WTO members support India's IP waiver for COVID-19 vaccine: GoyalGST Tribunal - Sorely missed - But why did Budget say: See you later - ciao!UK Court green-signals extradition of Nirav Modi in PNB fraud caseGST - Suspension of GSTIN stayed - respondent directed to allow petitioner to conduct transactions: HCGST - Challenge to the Anti-Profiteering provisions and order of NAA - Stay ordered from recovery subject to petitioner paying the entire amount demanded in six EMIs: HCIndia, Pakistan agree on 'strict' observance of ceasefire along LoC from todayIndia records spike in COVID-19 cases with over 16,700 daily infectionsST - SVLDRS - Visibility of returns on GST portal - Technical infraction at the end of Respondent cannot be a ground to deprive Petitioner the benefit of the scheme: HCST - SVLDRS, 2019 - s.129(2)(b) of FA, 2019 - Whether the words 'same matter', 'different matter' are to be interpreted liberally or restrictively - Matter listed: HCGST - Any appeal can be made only against the original order which will be read together with the correction made in the rectification order - doctrine of merger does not apply: AAARGST - Order passed by AAR in the matter of a ROM application is not an appealable order u/s 100 of the CGST Act, 2017: AAARGST - Renting of e-bikes (Miracle)/bicycles (Move) without operator is classifiable under SAC 9973; attracts GST @5%, 12% respectively: AAARGST - Terms 'Betel nut' and 'Areca nut' are the same and used interchangeably - 'Nizam Pakku' attracts GST @5% and not @12%: AAARPM reviews projects worth Rs 44,545Cr in Pragati meetingIndia chairs first meeting of BRICS finance and central bank deputies 2021BRICS prepare for release of Joint Statistical Publication 2021
Untitled Document

As I See It
by R Sridhar

Taxindiaonline.comt

Budget 2021
February 02, 2021
Need to slow-walk GST Litigation
January 29, 2021
A mixed bag of issues in the new year
January 01, 2021