Case Laws
GST rate on Hand Sanitizers – CBIC clarification
Recently an AAR was being circulated of Authority for Advance Ruling, Goa in case of Springfields (India) Distilleries, Raia Salcete...
Read more
Taxability on sale of shares of Flipkart – Tiger Global International Holding, Mauritius
The benefit of India - Mauritius treaty won’t be available for Singapore based company deriving its value from an Indian...
Read more
Employee’s share of EPF deposited after due date but before due date u/s 139 allowed as deduction – 36(1)(va) | A controversial topic
ESI and PF are statutory liability of an employer if it crosses a certain number of employees as mentioned in...
Read more
GST rate under composition scheme for supply of both goods and service together- Karnataka AAR
Applicant is engaged in supply of goods and renting of immovable property. He states that he is eligible for composition...
Read moreInterest on savings bank, PPF and personal loan will be a part of aggregate turnover under GST and considered for limit of registration – Gujarat AAR
Recently we came across various Advance ruling under GST from different advance ruling authority some of which were supported by...
Read more
Why is GST rate of parota/ paratha different from roti? Read this to understand the actual advance ruling.
As we know there is various confusion going on and many people are confused as to why parotha/ paratha and...
Read more
A company succeeding partnership firm can claim deduction under 80-IA even though original agreement was entered by firm – Supreme court
Company qualified for the deduction under section 80-IA being an enterprise carrying on the stated business pertaining to infrastructure facility...
Read more
Father cannot sale shares or use proceeds of sons share being guardian of minor son without permission from court: Chennai Tribunal
In the present case assessee is famous cricketer and former captain of Indian cricket team K. Srikanth. Assessee along with...
Read more
No disallowance u/s 14A if exempt income not earned during the year – Mumbai Tribunal
In a recent judgement by Mumbai Tribunal Dt. 14.05.2020 in case of Deputy Commissioner of Income-tax v. JSW Ltd. it...
Read more
Payment to Non resident for event outside India to promote business in India liable to TDS in India | Mumbai Tribunal
In a recent judgement by ITAT Mumbai in the case of Volkswagen Finance Pvt Ltd v. Income Tax Officer (International...
Read moreNo GST under RCM on salary to executive directors – Karnataka AAR
In a recent Rajasthan AAR it was stated that any kind of consideration paid to directors would be considered as...
Read more
GSTR 3B can now be recitified – Landmark Judgement by Delhi High court
From the time GST was implemented people are not satisfied with the returns available for filing GST information as the...
Read more
Refund issued u/s 143(1) of Income tax act can be withhold by AO under various circumstances – SC judgement
In judgement in case of Vodafone Idea Ltd. v. Assistant Commissioner of Income-tax 116 taxmann.com 393 Dt 29.04.2020, it was...
Read moreExemption u/s 54F can be allowed even if amount not deposited in special capital gain account scheme – Jaipur ITAT
Jaipur ITAT in a recent judgement in case of Goverdhan Singh Shekhawat v. Income Tax Officer, Ward- 6(1), Jaipur Dt....
Read moreSupreme Court Judgement in case of TDS on payment made to foreign cricket association
In the present case judgement was announced by Hon'ble Supreme court in case of PILCOM v. Commissioner of Income-tax on...
Read more-
GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
-
How to pay Membership and COP fees of ICAI for 2020-21 |
-
Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
-
Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
-
SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
![[Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]](https://www.taxontips.com/wp-content/uploads/2023/02/Budget-2023-120x86.webp)
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
- Statutory Audit of Inventories for Indian Companies [Company Law]
- Guidance note 2 issued for Vivad se vishwas Scheme, 2024 [Read circular]
- Due date extended for filing belated, revised return and Vivad se vishwas declaration
- Statutory Audit of Current Investments in Indian Companies [Company Law]
- Recommendations of the 55th Meeting of the GST Council
- Statutory Compliance Calendar for December 2024 | Income tax, GST and various other laws
- Statutory Audit of Other Non-Current Assets [Company Law]
TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India
