Public Policy
Current
GST
GST – Authority is not required to appreciate reasons for movement of vehicle without valid e-way bill.
Abinash Kumar Singh v. State of West Bengal – [2023] 148 taxmann.com 393 (Calcutta).
Linking PAN with Aadhar
Last date to link PAN with Aadhar extended to June 30, 2023: CBDT
Press Release dated 28-3-2023.
CBDT Notification – PAN
CBDT notifies a list of consequences that will apply to a person if his PAN becomes in-operative.
Notification No. 15/2023, dated 28-3-2023.
Section 144B
Section 144B – SC allows Revenue to file a review application to HC against impugned HC judgement as it was based on section 144B(9) which was subsequently retrospectively omitted.
National Faceless Assessment Centre v. Mantra Industries Limited – [2023] 148 taxmann.com 421 (SC).
Section 158BE
Section 158BE – Date of panchnama last drawn is the starting point of limitation of 2 years u/s 158BE for completing block assessment.
Anil Minda v. Commissioner of Income-tax – [2023] 148 taxmann.com 407 (SC).
Section 37(1)
Section 37(1) – CSR Expenditure – Explanation (2) appended to section 37(1) by Finance Act, 2014 w.e.f. 1-4-2015 is applicable prospectively from AY 2015-16; therefore, CSR expenditure incurred by assessee on or before 31-3-2014 was to be allowed as deduction u/s 37(1).
Principal Commissioner of Income-tax v. Steel Authority of India Ltd. – [2023] 148 taxmann.com 132 (Delhi).
GSTN Advisory
GSTN issues advisory on HSN Code Reporting in e-invoice on IRPs Portal.
GSTN Update dated 23-3-2023.
Section 107 of CGST Act
Section 107 of CGST Act – Appeal rejected on ground of limitation will leave petitioner without remedy as GST Tribunal had not been constituted. HC remands matter to original authority for fresh decision.
Sudhakar Bodala v. Goods and Services Tax Officer – [2023] 148 taxmann.com 302 (Andhra Pradesh).
HC Jurisdiction
High Court essentially has to arrive at conclusion whether cause of action has arisen within its jurisdiction on basis of averments made in petition memo treating the contents as true and correct.
State of Goa v. Summit Online Trade Solutions (P.) Ltd. – [2023] 148 taxmann.com 299 (SC).
AIS for Taxpayers
IT Dept. launches mobile app ‘AIS’ for Taxpayers to view info available in AIS/TIS.
Press Release dated 22-3-2023.
Archive
GST
GST – Authority is not required to appreciate reasons for movement of vehicle without valid e-way bill.
Abinash Kumar Singh v. State of West Bengal – [2023] 148 taxmann.com 393 (Calcutta).
Linking PAN with Aadhar
Last date to link PAN with Aadhar extended to June 30, 2023: CBDT
Press Release dated 28-3-2023.
CBDT Notification – PAN
CBDT notifies a list of consequences that will apply to a person if his PAN becomes in-operative.
Notification No. 15/2023, dated 28-3-2023.
Section 144B
Section 144B – SC allows Revenue to file a review application to HC against impugned HC judgement as it was based on section 144B(9) which was subsequently retrospectively omitted.
National Faceless Assessment Centre v. Mantra Industries Limited – [2023] 148 taxmann.com 421 (SC).
Section 158BE
Section 158BE – Date of panchnama last drawn is the starting point of limitation of 2 years u/s 158BE for completing block assessment.
Anil Minda v. Commissioner of Income-tax – [2023] 148 taxmann.com 407 (SC).
Section 37(1)
Section 37(1) – CSR Expenditure – Explanation (2) appended to section 37(1) by Finance Act, 2014 w.e.f. 1-4-2015 is applicable prospectively from AY 2015-16; therefore, CSR expenditure incurred by assessee on or before 31-3-2014 was to be allowed as deduction u/s 37(1).
Principal Commissioner of Income-tax v. Steel Authority of India Ltd. – [2023] 148 taxmann.com 132 (Delhi).
GSTN Advisory
GSTN issues advisory on HSN Code Reporting in e-invoice on IRPs Portal.
GSTN Update dated 23-3-2023.
Section 107 of CGST Act
Section 107 of CGST Act – Appeal rejected on ground of limitation will leave petitioner without remedy as GST Tribunal had not been constituted. HC remands matter to original authority for fresh decision.
Sudhakar Bodala v. Goods and Services Tax Officer – [2023] 148 taxmann.com 302 (Andhra Pradesh).
HC Jurisdiction
High Court essentially has to arrive at conclusion whether cause of action has arisen within its jurisdiction on basis of averments made in petition memo treating the contents as true and correct.
State of Goa v. Summit Online Trade Solutions (P.) Ltd. – [2023] 148 taxmann.com 299 (SC).
AIS for Taxpayers
IT Dept. launches mobile app ‘AIS’ for Taxpayers to view info available in AIS/TIS.
Press Release dated 22-3-2023.