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Tax

Case BriefsSupreme Court

Disallowance under Section 40(a)(ia) of IT Act whether confined to the amount “payable” and not to the amount “already paid”?SC explains

Supreme Court: Dealing with the question as to whether disallowance under Section 40(a)(ia) of the Income Tax Act, 1961 is confined/limited to

Published on July 29, 2020July 31, 2020By Prachi Bhardwaj
Leave a comment10075 views
AAR
Advance RulingsCase Briefs

WB AAR | Facilitating legal aid and other assistance to survivors of sexual violence not “supply of service”: Charitable trust held not liable to pay GST on such assistance

West Bengal Authority for Advance Ruling: A Division Bench of Susmita Bhattacharya, Joint Commissioner, CGST & CX and  Parthasarathi Dey, Additional Commissioner, SGST,

Published on July 10, 2020July 10, 2020By Bhumika Indulia
Leave a comment2068 views
Hot Off The PressNews

Clarification regarding proposal in Finance Bill, 2020 on a provision with regard to –NRI Tax

Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in India, if he is not liable

Published on February 3, 2020February 3, 2020By Bhumika Indulia
Leave a comment1897 views
Legislation UpdatesNotificationsTaxation

CBDT takes steps to ensure transparency in Tax Administration by bringing in concept of DIN

With a view to bringing greater transparency in the functioning of the tax-administration and improvement in service delivery, almost all notices and

Published on August 16, 2019August 23, 2019By Bhumika Indulia
Leave a comment2102 views
Case BriefsHigh Courts

Ker HC | Vehicles and goods detained due to expiry of e-way bills can be released on furnishing of bank guarantee for tax and penalty due

Kerala High Court: Raja Vijayaraghavan V, J. allowed a civil writ petition filed by a company and directed release of its vehicles

Published on August 9, 2019August 13, 2019By Bhumika Indulia
1 Comment3116 views
Legislation UpdatesNotifications

Tax treatment of “sales promotion schemes” under GST–Clarification

Various representations have been received seeking clarification on issues raised with respect to tax treatment of sales promotion schemes under GST. To

Published on March 8, 2019March 8, 2019By Bhumika Indulia
Leave a comment3493 views
Legislation UpdatesNotifications

Income tax exemption for gratuity enhanced Up to Rs 20 lakhs

Ministry of Finance has enhanced the income tax exemption for gratuity under Section 10 (10) (iii) of the Income Tax Act, 1961

Published on March 8, 2019March 8, 2019By Bhumika Indulia
Leave a comment3239 views
Case BriefsTribunals/Commissions/Regulatory Bodies

NAA | No profiteering where there is neither any reduction in rate of tax nor increase in per unit base price of the product

National Anti-Profiteering Authority (NAA): The Coram of B.N. Sharma (Chairman), and J.C. Chauhan and R. Bhagyadevi (Technical Members) dismissed an application filed

Published on March 7, 2019March 19, 2019By Bhumika Indulia
Leave a comment3634 views
NewsTreaties/Conventions/International Agreements

India and Brunei sign Agreement for Exchange of Information and Assistance in Collection with respect to Taxes (TIEA)

The Government of Republic of India and the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam signed an

Published on February 28, 2019February 28, 2019By Bhumika Indulia
Leave a comment3055 views
Conference/Seminars/LecturesLaw School News

SLS NOIDA : Seminar on Insolvency and Bankruptcy Code, 2016 and Tax Implication upon Insolvency

Reported by Akanksha Vishnoi

Published on July 27, 2018By Saba
Leave a comment3155 views
Case BriefsSupreme CourtTaxation

Buildings constructed from the year 1990-1993 entitled to tax exemption as per S. 3A of the Kerala Buildings Act, 1993

Supreme Court: Deciding on the issue that whether the State Government may deny the tax exemption which was promised earlier, the bench

Published on May 19, 2016May 31, 2016By Sucheta
Leave a comment4046 views
Case BriefsHigh Courts

People may refuse to pay tax if government fails to curb corruption

Bombay High Court: Hearing an anticipatory bail application, a bench comprising of AB Chaudhary, J observed that to eradicate the cancer of

Published on February 6, 2016March 5, 2016By Sucheta
Leave a comment4385 views
Case BriefsSupreme Court

Sodexo Meal Vouchers are not ‘goods’ within the meaning of S. 2(25) of Maharashtra Municipal Corporation Act, 1949

Supreme Court: While considering the present issue that whether the pre-printed, non- transferrable vouchers printed by the name Sodexo Meal vouchers, can

Published on December 14, 2015December 22, 2015By Sucheta
Leave a comment5053 views

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