News Update

SC grants relief to Chidambaram in ED case till Monday but no succour in CBI caseFATF Asia-Pacific Group puts Pakistan in 'enhanced blacklist'Sabka Vishwas Scheme to end on Dec 31, 2019GST - Petitioner encountered technical glitch in payment of GST for seven months - it would be appropriate to leave it to the technical body concerned to decide whether there was a technical glitch at all: HCVAT - It is one thing to say that Petitioner had violated provisions of Central Excise Act, but another to immediately infer that it also violated provisions of DVAT Act: HCCX - In case of reversal of proportionate credit attributable to exempted goods/services, further demand in terms of Rule 6(3) of CCR, 2004 is unsustainable: CESTATCus - Appellant has not suppressed any fact from Department to the extent that license which was submitted for clearance of imported consignment is issued by DGFT, although the same is claimed to have been obtained fraudulently by seller of licence M/s Nilesh International: CESTATAdditions u/s 14A are sustained where shares are held as stock in trade & such investments do not fall within ambit of Rule 8D(iii): ITATPurchases cannot be treated as genuine where although backed by bills & proof of payment, dealers admit to have provided accommodation entries in statements before sales tax authority: ITATAdditions u/s 68 on account of bogus Short Term Capital Loss are unsustainable where based on statements which are uncorroborated by supporting evidence: ITAT August 23 2019Unexplained expenses cannot be disallowed where PAN & address of recipient parties is submitted to AO, who in turn failed to verify same by issuing notice u/s 133(6): ITATPenalty notice is defective & vitiated proceedings where it does not specify charges based on which penalty is being levied: ITATACC appoints Ajay Kumar Bhalla as New Home SecretaryBenefit u/s 80IA available to start-ups having turnover of above Rs 25 CrContinuing protectionist policies would cause global recession: GoyalGovt relaxes lease rent charges on wind power projectsCBIC also raises monetary limits for indirect tax casesSabka Vishwas Scheme - Rules with Form notifiedCBIC extends validity of 2% BED on ATF drawn from RCS-UDAN airport or heliport or waterdromeGovt notifies GSTAT benches for all States & UTsSabka Vishwas (Legacy Dispute Resolution) Scheme to be effective from Sept 1Services of short term accommodation procured in Haryana by appellant registered in Rajasthan - ITC of the Central tax charged by supplier (hotel) is not available: AAARActivities of supply, design, installation, commissioning and testing of solar energy based water pumping systems, whose time of supply falls after 31.12.2018 are both, supply of goods and supply of services: AAARAppellant is not sure as to which sub-entry is applicable and are pursuing each and every sub-entry which prescribes the minimum rate of tax: AAARST - Concluding that no interest is payable since the refund was paid within three months from the date of final order of the CESTAT is an incorrect reading of s.11BB of CEA, 1944: CESTATST - Essential character of service rendered is Scientific and Technical consultancy service and the same cannot be divided into different services for the purpose of computing Tax: CESTATWrit Court need not intervene against an order passed by AO where assessee has alternate remedy of filing appeal before the CIT(A): HCDTC leveraging Tax Technology - Idea whose Time has come!
Untitled Document
ST se GST tak
Taxindiaonline.comt



GST - Agenda for the second year - Part 35 - ROD Orders - Law-making by administration
Dr G Gokul Kishore
April 29 2019
Retrospective reversal of ITC for real estate sector - An 'unreal' welfare?
Puneet Bansal
April 26 2019
GST - Agenda for the second year - Part 34 - Representation before GST Council - Not amenable to writ?
Dr G Gokul Kishore
April 23, 2019
Residential Realty Sector - Can basic prices be increased to offset loss?
S Sivakumar
April 22, 2019
GST - Agenda for the second year - Part 33 - Input Tax Credit-Time to relax time-limit
Dr G Gokul Kishore
April 15, 2019
New GST regime for Realty - need to relook at existing business models
S Sivakumar
April 09, 2019

GST - Agenda for the second year - Part XXXII - Realty show - Transition to complex GST regime
Dr G Gokul Kishore
April 08, 2019

GST Rate changes for Real Estate - An overview
Ankit Kanodia
April 05, 2019
Pay in lieu of serving notice period - ST/GST implication
Abhijit Saha
April 03, 2019

GST levy on Realty Sector w.e.f 1st April - some major ramifications
S Sivakumar & R Vaidyanathan
April 02, 2019

GST - Agenda for the second year - Part XXXI - Loyalty schemes - Actionable claim under GST?
Dr G Gokul Kishore
April 01, 2019