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Search results for: IT Act

No Leave Without Medical Reasons for GST and Revenue Officers

GST Commissionerate Issues Office Circular to Officers for Revenue Target Achievement

The Central GST & Excise Commissionerate at Surat in a bid to fulfil the revenue targets set for the current financial year has issued a critical direction to all Grade A & B officers. The office circular, 07.02.2024, follows the D.O. dated 18.01.2024 from the Chief Commissioner, Vadodara Zone. Important: Latest Official Updates Under GST […]

SC Issues Notice to Center, FM and National Anti Profiteering Authority

SC: Notice to Center, FM and NAA Related to Constitutional Validity of Anti-profiteering Provisions

The Supreme Court issued notices to the Central government, the GST Council, the Central Board of Indirect Taxes and Customs, and others concerning the constitutional validity of anti-profiteering provisions under the goods and services tax (GST). A bench of Chief Justice D.Y. Chandrachud, with Justices J.B. Pardiwala and Manoj Misra, did not issue the prayer […]

Delhi ITAT's Order for Devi Dayal

Delhi ITAT: Non-resident Indian Workers Will Not Be Payable Income Tax on Services Abroad

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has ruled that the income tax is not liable to be paid on services provided abroad by non-residents deputed by Indian employers. The bench of Saktijit Dey (Vice President) and B. R. R. Kumar (Accountant Member) noted that from the concurrent reading of Section 5 of […]

Fake I-T Notice Claiming Payment for Audit of Balance Sheets

Alert: Fake I-T Notice Demanding Payment for Audit of Balance Sheets

There has been an alert given by the government of India regarding a counterfeit income tax notice that has been circulating from the online process. The tax notice, allegedly from the Income Tax Department, asks for payments for audited balance sheets through February 15, 2024. This notice, however, has been deemed fraudulent by the govt, […]

Madras HC's Order for M/s.Thillai Agencies

Madras HC: No Real Invoice from a Registered Dealer, ITC Reversal By Dept. Doesn’t Amount to Double Taxation

If an enrolled dealer availed for any advantage under Section 19 of the TNVAT Act 2006 then he needed to comply with the norms mentioned in the stated section, Madras High Court ruled. The applicant did not deliver the original tax invoice from a registered dealer, and thus, he is unable to complain that the […]

Allahabad High Court's Order for M/S Rawal Wasia Yarn Dying

Allahabad HC: No Penalty U/S 129(3) When There is Clear Evidence of Intentional GST Evasion

Penalties should not be imposed solely for technical errors lacking any intent to evade tax The Hon’ble Allahabad High Court in the case of Rawal Wasia Yarn Dying (P.) Ltd. v. Commissioner Commercial Tax [Writ Tax No. 352 of 2023 on January 16, 2024] ruled that the invoice itself includes the particulars of the truck, […]

New Amnesty Scheme 2024 for Outstanding GST Demands

RJ Govt Introduces Amnesty Scheme 2024 for Outstanding GST Demands

The Rajasthan GST Department in a recent development has issued a notification dated 8th February 2024 presenting the much expected Amnesty Scheme-2024. The same scheme has the objective of furnishing substantial advantages to dealers and individuals by offering rebates on taxes and facilitating the settlement of outstanding demands and disputed amounts under the Goods and […]

Madras High Court's Order For Titan Company Ltd

Madras HC: The Clustering of GST Show Cause Notices Contradicts the Intent of Section 73

The bunching of the show cause notice ( SCN ) is against the spirit of provisions of Section 73 of the Central Goods and Service Tax Act, 2017 ( CGST Act ), the Madras High Court recently observed. On behalf of the petitioner N.L.Rajah Senior Counsel appearing presented that the first grievance of the applicant […]

DGGI Notifies Press Release Against GST Summons

DGGI Issues Press Release to Verify Fake GST Summons Before Responding

Certain individuals with bogus intent are forming and sending bogus summons to taxpayers who may or may not be under investigation by the DGGI, The Directorate General of GST Intelligence (DGGI), Central Board of Indirect Taxes and Customs (CBIC) notices. Bogus summons that are sent look real as they secure the Document Identification Number (DIN), […]

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