29 Mar High Court Directs Assessing Officer to Allow Assessee Time for Response
In a recent case concerning a works contractor and registered GST dealer, the High Court intervened due to procedural discrepancies....
Author: editor
29 Mar HC Directs GST Authority to Extend Opportunity for Assessee to Elucidate GSTR-3B and GSTR-2B Discrepancies
In a recent case, the High Court intervened in a dispute between a dealer of woven fabrics and ready-made garments and the tax department regarding inconsistencies between their GSTR-3B and GSTR-2B returns....
29 Mar CBIC Declares March 29-31, 2024 as Working Days for All Customs Field Formations
The Central Board of Indirect Taxes and Customs (CBIC) has announced that March 29th, 30th, and 31st, 2024 will be considered as working days for all Customs field formations....
28 Mar CBDT notifies changes in ITR Form V and Acknowledgement for AY 2024-25
The CBDT, through Notification No. 37/2024 dated March 27, 2024...
28 Mar Delhi High Court Alters Retrospective Revocation of GST Registration
In the legal case of Supreme Enterprises versus Principal Commissioner of Goods and Service Tax, North Delhi, the Delhi High Court recently deliberated on the matter of retroactively canceling GST registration....
28 Mar Income Tax Dept. issued Updated TDS Rate Chart for FY 24-25/Ay 25-26
The Income Tax Department has published a revised TDS Rate Chart for the Financial Year 2024-25 (Assessment Year 2025-26). ...
27 Mar Consolidation of Adjournment in GST Proceedings
In the legal matter of Pioneer Co-Operative Car Parking Servicing and Constructions Society Ltd. against Senior Joint Commissioner [WPA No. 3092 of 2024 dated March 1, 2024]...
27 Mar Delhi High Court Facilitates Refund Requests for Overpaid Taxes, Streamlining Procedural Deadlines for Taxpayers!
If the Tax Department has demanded payment for taxes from you because your supplier failed to remit them, and later it is discovered that your supplier did, indeed, pay the taxes, you should apply for a refund....
27 Mar Validity of Assessment Orders in Light of Assessee’s Response
The Delhi High Court, in the case of Emco Cables Pvt. Ltd. v. Union of India [W.P. 1622 of 2024, February 27, 2024], addressed the issue of the validity of an assessment order when the Assessee's response hadn't been duly considered....
26 Mar Analysis of Section 43B(h) Regarding Disallowance of Delayed Payments to MSEs
Navigating the intricacies of financial regulations, particularly concerning Micro, Small, and Medium Enterprises (MSEs), requires a comprehensive understanding of pertinent legal frameworks....