Director of Pvt Ltd Company immune from Proceedings under Kerala General Sales Tax Act: High Court [Read Judgment]

A division bench of the Kerala High Court has held that a Director of a Private Limited Company is immune from the proceedings under the Kerala General Sales Tax Act, 1963. The petitioner, through a writ petition, challenged the constitutional validity of the provisions of Section 26C of the Kerala General Sales Tax Act, 1963. […]

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Deduction Claim accepted in Previous Years can’t be denied on ground of mere changes in Business: Delhi HC [Read Judgment]

A division bench of the Delhi High Court has held that a claim for deduction under section 10AA of the Income Tax Act which was accepted in previous years cannot be denied later due to a mere change in Business of the assessee. A bench comprising Justices Sanjiv Khanna and Anup Jairam Bhambhani was hearing […]

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18% GST applicable to Service of Printing of Pictures, says CBIC [Read Circular]

The Central Board of Indirect Taxes and Customs (CBIC) has recently issued a circular clarifying that the service of printing of pictures would attract 18 percent GST. This is in the light of representations received by the Board regarding the issue that the service of “printing of pictures” correctly covered under service code 998386 – […]

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No Addition If Cash Payment exceeding Monetary Limit was due to Instance of Seller: ITAT [Read Order]

The Indore bench of the Income Tax Appellate Tribunal (ITAT) has held that the addition cannot be sustained for making cash payment exceeding monetary limit if the same was due to the instance of the seller. An addition was made against the assessee following the search proceedings by the department in respect of cash payments […]

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Time to get GST Refund : जीएसटी रिफंड पाने का समय

GST TDS if Company is Controlled by Govt Company जीएसटी टीडीएस अगर कंप...

Sushil Kumar Modi to head Ministers Panel for Analysis of Revenue from GST

A Group of Minister (GoM) has been constituted under the chairmanship of Bihar Finance Minister Sushil Kumar Modi to analyze the revenue shortfall in States under the new Goods and Services Tax (GST) regime. In its 31st meeting of GST Council held on 22nd December 2018 at New Delhi, the Council had decided to form a […]

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