CBDT removes limit of Rs. 5,000/- for submission of SFT in relation to interest income.
Notification No. 1 of 2023, dated 5-1-2023.
GST – Penalty imposed merely for not selling old batteries on weight basis is not sustainable.
Ganpati Battery Traders v. State of U. P. – [2023] 146 taxmann.com 49 (Allahabad).
CIT can look into report of ‘Directorate of Vigilance and Anti-corruption’ to invoke section 263.
CIT v. N. Sasikala – [2023] 146 taxmann.com 149 (Madras).
CBDT extends deadline to comply with section 54 to 54GB provisions considering then prevailing Covid 19.
Circular No. 1 of 2023, dated 6-1-2023.
HC cannot interfere with finding of facts recorded by ITAT without framing a specific question of law.
Muthoot Leasing and Finance Ltd. v. Commissioner of Income-tax – [2023] 146 taxmann.com 53 (SC).
Purchase by assessee could not be treated as bogus if AO did not dispute corresponding sales transactions.
Principal Commissioner of Income-tax v. Nitin Ramdeoji Lohia – [2022] 145 taxmann.com 546 (Bombay).
Govt. notifies amendments in service exemption notification as per recommendations of 48th GST Council Meeting.
Notification No. 15/2022 – Central Tax (Rate) dated 30-12-2022 and Notification No. 15/2022 – Integrated Tax (Rate), dated 30-12-2022.
Uploading of orders on common portal (GST portal) constitutes proper mode of service.
Pandidorai Sethupathi Raja v. Superintendent of Central Tax – [2022] 145 taxmann.com 632 (Madras).
CBIC prescribes the manner of filing an application for refund by unregistered persons.
Circular No. 188/20/2022 – GST dated 27-12-2022.
CBIC issues clarification on treatment of statutory dues for taxpayers where proceedings are finalised under IBC, 2016.
Circular No. 187/19/2022 – GST dated 27-12-2022.