Reconciliation of GST Returns/Invoices is a recurring event and needs to be performed periodically to claim the maximum credit as well as to avoid mismatches on a larger scale. But […]
Source: CBIC The entire social and business life have got badly affected due to the catastrophic cyclone appeared recently in two Indian states i.e. Tamil Nadu and Andhra Pradesh. Thus, […]
Source: Business Today With a strong view to making the E-way Bill mechanism more efficient and transparent, the Govt. of India is going to introduce new terms to E-Way Bills. […]
Source: TaxGuru NAA: Profiteering not established where base price reduction exceeds additional ITC available National Anti-Profiteering Authority (NAA) dismissed application alleging a violation of provisions of Section 171 of CGST […]
Mumbai ITAT: Preference shares conversion into equity, not ‘transfer’; Deletes LTCG addition Mumbai ITAT rules that conversion of cumulative and compulsory convertible preference shares (CCPS) into equity shares does not […]
Source: GST Sutra Maharashtra AAR: Education/Training provided through co-operative training centres/district co-operative boards, not exempt Maharashtra AAR held that activity of applicant, a state level apex training institute, conducting education […]
Delhi HC: Directs hand-over of premises sealed for over a month, sealing cannot assume ‘indefinite’ life Delhi HC directed removal of seal where premises of assessee was sealed on behalf […]
National Informatics Centre (NIC) proposed improvements in e-way bill generation, being released on 16.11.2018. The following improvements have been proposed: 1. Checking of Duplicate Generation of e-Way Bills Based on […]