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CGST Tax NotificationsGSTGSTLatestTax Notifications

Notification No. 11/2020-Central Tax – Procedure for Corporate debtors under Corporate Insolvency Resolution process

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NOTIFICATION New Delhi, the 21st March, 2020 No. 11/2020–Central Tax G.S.R. 194(E).—In exercise of the powers conferred by section 148 of the Central Goods and...
CGST Tax NotificationsGSTGSTLatestTax Notifications

Notification No. 10/2020-Central Tax – For the taxable persons of UT of Daman & Diu and Dadra & Nagar Haveli

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MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 21st March, 2020 No. 10/2020–Central Tax G.S.R. 193(E).—In...
Income TaxLatestRecent Case Laws

the provisions of Sec.2(22)(e) were not applicable since the payment was mere reimbursement of expenditure by M/s PHL – ITAT Mumbai

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The provisions of Sec.2(22)(e) were not applicable since the payment was mere reimbursement of expenditure by M/s PHL. However, Ld. CIT(A) proceeded on wrong footing...
Income TaxLatestRecent Case Laws

Service of notice upon a dead person under section 142(1) would not authorise him to assume jurisdiction to pass assessment order on the Legal Representatives – ITAT Ahemdabad

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It is found that before service of notice under section 142(1), assessee had already expired. His legal heirs did not file return for this assessment...
Income TaxIncome TaxLatestRecent Case Laws

Where the assessee provided all the confirmation of the creditors at the CIT(A) level, the orders of the lower authorities set aside and send back for reconsideration – ITAT Delhi

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During the assessment proceedings, the Assessee fails to provide confirmation of 04 creditors and the AO added the whole amount of creditors to its income....
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GSTR 9 and GSTR 9C for FY 2018-19 – Current problems in the GST Annual returns forms

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As we all know that the GST professionals have just concluded the mammoth task of finalising and filing the GST Annual returns and GST Audit...
CGST CircularsGSTGSTLatest

Circular No. 130/49/2019-GST – Reverse Charge Mechanism (RCM) on renting of motor vehicles

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On 31st December 2019, the Central Board of Indirect Taxes and Customs has issued the Notification no. 29/2019-Central tax rate regarding the RCM on renting...