Author : Taxcharcha

http://taxcharcha.com - 832 Posts - 13 Comments
GST Latest

Notification No. 93/2020 – Central Tax – Waiver of late fee for delay in furnishing Form GSTR 4 for FY 2019-20 till 31st December 2020 in Union Territory of Ladakh

Taxcharcha
The Central Board of Indirect Taxes and Customs (CBIC) has notified for the waiver of late fee for filing Form GSTR 4 for FY 2019-20...
Income Tax Latest Recent Case Laws

Not passing a separate order for disposing off the objections of the assessee is a clear violation of law laid down by the Hon’ble Apex Court in the case of GKN Driveshaft – ITAT Delhi

Taxcharcha
M/s Admach Auto Limited vs DCIT  ITA No. 9543/Del/2019 Pronounced on 18th December, 2020 The hon’ble ITAT Delhi, in a recent judgment, held that “the...
Income Tax Latest Recent Case Laws

Mentioning of wrong section and wrong facts in the reasons recorded for reopening of the assessment u/s 148 made the reassessment liable to be quashed – ITAT Delhi

Taxcharcha
Maheshwari Roller Flour Mills Pvt. Ltd. vs. ITO ITA No. 4257/Del/2019 Pronounced on 17.12.2020 In the recent judgment by the Hon’ble ITAT Delhi, it was...
GST Latest Recent Case Laws

Rectification of GSTR- 3B stayed by the Supreme court of India in case of Bharti Airtel Limited

Taxcharcha
Union of India vs. Bharti Airtel Ltd.  SLP no. 8654/2020 Pronounced on 17.07.2020 The Hon’ble Supreme Court of India, in a recent judgment stayed the...
Income Tax Latest Recent Case Laws

Where a company has been dissolved, such dissolution may be set aside within a period of two years from the date of such dissolution under section 356 of the Companies Act, 2013 – Supreme Court of India

Taxcharcha
Action ISPAT And Power Pvt. Ltd.  vs. Shyam Metalics and Energy Ltd.  Civil Appeal No. 4042-4043 of 2020 Pronounced on 15th December, 2020 Thus, in...
Income Tax Latest Recent Case Laws

For the imposition of penalty u/s 271(1)(c) of the Act either concealment of particulars of income or furnishing inaccurate particulars of such income are since qua non – ITAT Delhi

Taxcharcha
M/s Aryahi Buildwell Pvt Ltd. vs ACIT ITA No. 139/Del/2017 Pronounced on 16.12.2020 In the recent case, it was observed by the Hon’ble ITAT that...
Income Tax Recent Case Laws

Where the Petitioner fails to acknowledge the complete details during the search procedure of “Primary Persons”, the same can be the basis for “reason to suspect” for issuance of new WOA for carrying on the Search on Petitioner – Delhi High Court

Taxcharcha
Shilpa Chowdhary vs. Principal Director of Income Tax (Investigation) W.P.(C) 5207/2020 & CM Appl 18787/2020 dated 07.12.2020 In short In a recent judgment by the...
GST Latest

Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration

Taxcharcha
The CBIC, on 27th November 2020, issued the Instructions containing the Standard Operating Procedure (SOP)  for verification of taxpayers granted deemed registration. The Instruction reads...
Empanelments

Empanelment of Consultants for post Ind AS Implementation Consultancy services for preparation of Ind AS Compliant Financial Statement

Taxcharcha
NHPC Limited invites online tenders from eligible Professionals for Providing post Ind AS Implementation Consultancy Services for preparation of Ind AS Compliant Financial Statement” on...
Blogs GST Latest

Interest in GST to be levied on Net Tax Liability w.e.f. 01-09-2020

Taxcharcha
On 25th August 2020, Central Board of Indirect Taxes and Customs (CBIC) has notified the Notification No. 63/2020 – Central Tax in which it has...
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