CBIC issues instructions providing manner of processing a sanctioning refunds of IGST paid by risky exporters.
Instruction No. 04/2022, dated 28-11-2022.
Pendency of proceedings is an essential condition for provisional attachment of property.
Conceptial Trade v. State of Gujarat – [2022] 145 taxmann.com 184 (Gujarat).
CBDT issues circular on TDS from Salaries for Financial Year 2022-23.
Circular No. 24/2022, dated 07-12-2022.
A transaction cannot be treated as Benami if alleged beneficial owner is actually the joint owner of the property.
ACIT v. Tupelo Builders (P.) Ltd. – [2022] 145 taxmann.com 270 (Delhi-Trib.).
Demerger sanctioned by NCLT is tax-compliant only if conditions in sec. 2(19AA) are satisfied.
Grasim Industries Ltd. vs. DCIT – [2022]145 taxmann.com 289 (Mumbai-Trib.).
Time-barred appeal should be allowed if it involves a substantial question of law.
PCIT v. Sooramull Nagarmull – [2022] 145 taxmann.com 245 (Calcutta).
LoB clause cannot be invoked to deny benefit of Article 8 of DTAA to a Singapore Shipping enterprises.
Maersk tankers Singapore (P.) Ltd. v. ACIT – [2022] 145 taxmann.com 260 (Rajkot-Trib.).
CA not expected to check genuineness of documents submitted by client while issuing Form 15 CB.
Murali Krishna Chakrala vs. The Deputy Director, Directorate of Enforcement – [2022] 145 taxmann.com 248 (Madras)[23-11-2022].
Government appoints Competition Commission of India to deal with Anti-Profiteering matters u/s 171(2).
Notification No. 23/2022 – Central Tax, dated 23-11-2022 & Notification No. 24/2022 – Central Tax, dated 23-11-2022.
HC can examine correctness of order passed by appellate authority in absence of GST Tribunal.
Devanshi Plyboard Industries (P.) Ltd. v. Dy. Commissioner State Tax, GST – [2022] 145 taxmann.com 18 (Calcutta).