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Taxcharcha
Income TaxLatestRecent 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

Team Taxcharcha
by Team Taxcharcha01398
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 TaxRecent 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

Team Taxcharcha
by Team Taxcharcha0897
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...
GSTLatest

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

Team Taxcharcha
by Team Taxcharcha01024
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...
BlogsGSTLatest

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

Team Taxcharcha
by Team Taxcharcha01119
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...
CGST Rate NotificationGSTGSTLatest

Instructions, Notifications and Removal of Difficulty order released on 24th June 2020 and 27th June

Team Taxcharcha
by Team Taxcharcha0969
The Central Board of Indirect Taxes and Customs has issued various notifications and instructions to give effect to the provisions introduced in the Finance Act...