Any person who applies for registration under GST will have to undergo the process of Aadhar Authentication, mandatorily in terms of Section 25 CGST Act 2017 read with Rule 8 of CGST Rules 2017.

The petitioner was served with an assessment order in Form GST DRC-07, dated 28.12.2023, passed by the 2 nd respondent, under ...

Signature and DIN are Essential Components of Valid GST Assessment Orders and Notices – Andhra Pradesh High Court Strikes Down Unsigned and DIN-Less GST Orders: The Andhra Pradesh High Court, in the ...

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favor of Bhavya Construction Co., allowing their claim for deduction under Section 80IB(10) of the Income-tax Act, 1961, for ...

Review application was to be filed for reduced bullion TRQ Allocation as no opportunity of hearing was provided to Gold Importers ...

Review of matter imposing 200% Penalty on non-generation of E-Invoice due to non-consideration of Circular No. 10/2019 dated 31.05.2019 Conclusion: The Officer was directed for fresh consideration of ...

No Capital Gains When Assessee Is Only Legal Joint Owner & Not Beneficial Owner ...

Taxation is the backbone of modern economies, enabling governments to fund public services, infrastructure, and welfare systems that support the health and well-being of citizens. The way taxes are ...

Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25) All Government transactions done by agency banks for the ...

The move is expected to streamline trade settlements and reduce dependency on third-party currencies. The circular, issued under Sections 10 (4) and 11 (1) of the Foreign Exchange Management Act (FEMA ...

The quantum of carry forward losses under the Income Tax Act, 1961. 2. A breakdown of losses by specific categories. 3. Applicable time limits for utilizing these losses. 4. A statement specifying if ...

Citing legal provisions, CAAR Mumbai upheld its decision to reject the application, emphasizing that a ruling on the matter was already under judicial review. The case underscores the limitations of ...