Daily digest for Gupta Chandan & Associates, on January 30, 2023

posted: " ​    Case Details: State of Punjab … Continue reading "High Court erred in entertaining writ petition against SCN alleging evasion of tax: SC" The post High Court erred in entertaining writ petition against SCN alleging evasion of tax: SC appeared first " Gupta Chandan & Associates High Court erred in entertaining writ petition against SCN alleging evasion of tax: SC Jan 29 Case Details: State of Punjab … Continue reading "High Court erred in entertaining writ petition against SCN alleging evasion of tax: SC" The post High Court erred in entertaining writ petition against SCN alleging evasion of tax: SC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/high-court-erred-in-entertaining-writ-petition-against-scn-alleging-evasion-of-tax-sc/ Powered by Jetpack

posted: " ​    Case Details: Authority for Advance … Continue reading "GST is leviable at 18% on providing services of water supply projects to Uttar Pradesh Jal Nigam: AAR" The post GST is leviable at 18% on providing services of water supply projects to Uttar Pr" Gupta Chandan & Associates GST is leviable at 18% on providing services of water supply projects to Uttar Pradesh Jal Nigam: AAR Jan 29 Case Details: Authority for Advance … Continue reading "GST is leviable at 18% on providing services of water supply projects to Uttar Pradesh Jal Nigam: AAR" The post GST is leviable at 18% on providing services of water supply projects to Uttar Pradesh Jal Nigam: AAR appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/gst-is-leviable-at-18-on-providing-services-of-water-supply-projects-to-uttar-pradesh-jal-nigam-aar/ Powered by Jetpack

posted: " ​    Case Details: Amit Chandrakant Shah … Continue reading "Adjudication order passed cancelling GST registration without hearing to be set aside: HC" The post Adjudication order passed cancelling GST registration without hearing to be set aside: HC app" Gupta Chandan & Associates Adjudication order passed cancelling GST registration without hearing to be set aside: HC Jan 29 Case Details: Amit Chandrakant Shah … Continue reading "Adjudication order passed cancelling GST registration without hearing to be set aside: HC" The post Adjudication order passed cancelling GST registration without hearing to be set aside: HC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/adjudication-order-passed-cancelling-gst-registration-without-hearing-to-be-set-aside-hc/ Powered by Jetpack

posted: " ​    Case Details: Ramaraju Surgical Cotton … Continue reading "Form GST ITC-02A must be requested through IT Grievance Redressal Committee if not filed within time frame" The post Form GST ITC-02A must be requested through IT Grievance Redressal Committ" Gupta Chandan & Associates Form GST ITC-02A must be requested through IT Grievance Redressal Committee if not filed within time frame Jan 29 Case Details: Ramaraju Surgical Cotton … Continue reading "Form GST ITC-02A must be requested through IT Grievance Redressal Committee if not filed within time frame" The post Form GST ITC-02A must be requested through IT Grievance Redressal Committee if not filed within time frame appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/form-gst-itc-02a-must-be-requested-through-it-grievance-redressal-committee-if-not-filed-within-time-frame/ Powered by Jetpack

posted: " ​    Case Details: Shiv Scrap Sales … Continue reading "Approach competent authority for goods seized with fake invoice of non-existent firm: HC" The post Approach competent authority for goods seized with fake invoice of non-existent firm: HC appeared f" Gupta Chandan & Associates Approach competent authority for goods seized with fake invoice of non-existent firm: HC Jan 29 Case Details: Shiv Scrap Sales … Continue reading "Approach competent authority for goods seized with fake invoice of non-existent firm: HC" The post Approach competent authority for goods seized with fake invoice of non-existent firm: HC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/approach-competent-authority-for-goods-seized-with-fake-invoice-of-non-existent-firm-hc/ Powered by Jetpack

posted: " ​    Case Details: Authority for Advance … Continue reading "No GST on plantation of mangroves not being carried out by assessee for profit motive: AAR" The post No GST on plantation of mangroves not being carried out by assessee for profit motive: AAR a" Gupta Chandan & Associates No GST on plantation of mangroves not being carried out by assessee for profit motive: AAR Jan 29 Case Details: Authority for Advance … Continue reading "No GST on plantation of mangroves not being carried out by assessee for profit motive: AAR" The post No GST on plantation of mangroves not being carried out by assessee for profit motive: AAR appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/no-gst-on-plantation-of-mangroves-not-being-carried-out-by-assessee-for-profit-motive-aar/ Powered by Jetpack

posted: " ​    Case Details: Rohit Verma v. … Continue reading "HC remanded matter back due to flawed procedure in cancellation of GST registration" The post HC remanded matter back due to flawed procedure in cancellation of GST registration appeared first on Taxm" Gupta Chandan & Associates HC remanded matter back due to flawed procedure in cancellation of GST registration Jan 29 Case Details: Rohit Verma v. … Continue reading "HC remanded matter back due to flawed procedure in cancellation of GST registration" The post HC remanded matter back due to flawed procedure in cancellation of GST registration appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/hc-remanded-matter-back-due-to-flawed-procedure-in-cancellation-of-gst-registration/ Powered by Jetpack

posted: " ​    Over the years, the government … Continue reading "[Opinion] Enabling provision to split GST composite supply & not compromise the same" The post [Opinion] Enabling provision to split GST composite supply & not compromise the same appeared f" Gupta Chandan & Associates [Opinion] Enabling provision to split GST composite supply & not compromise the same Jan 29 Over the years, the government … Continue reading "[Opinion] Enabling provision to split GST composite supply & not compromise the same" The post [Opinion] Enabling provision to split GST composite supply & not compromise the same appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/opinion-enabling-provision-to-split-gst-composite-supply-not-compromise-the-same/ Powered by Jetpack

posted: " ​    Case Details: Modicum Enterprise (OPC) … Continue reading "No late fees to be charged if returns not filed due to cancellation of GST registration: HC" The post No late fees to be charged if returns not filed due to cancellation of GST registration:" Gupta Chandan & Associates No late fees to be charged if returns not filed due to cancellation of GST registration: HC Jan 29 Case Details: Modicum Enterprise (OPC) … Continue reading "No late fees to be charged if returns not filed due to cancellation of GST registration: HC" The post No late fees to be charged if returns not filed due to cancellation of GST registration: HC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/no-late-fees-to-be-charged-if-returns-not-filed-due-to-cancellation-of-gst-registration-hc/ Powered by Jetpack

posted: " ​    Case Details: Authority for Advance … Continue reading "Supply of services for right to use of car parking space would be taxable at 18%: AAR" The post Supply of services for right to use of car parking space would be taxable at 18%: AAR appeared fi" Gupta Chandan & Associates Supply of services for right to use of car parking space would be taxable at 18%: AAR Jan 29 Case Details: Authority for Advance … Continue reading "Supply of services for right to use of car parking space would be taxable at 18%: AAR" The post Supply of services for right to use of car parking space would be taxable at 18%: AAR appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/gst/supply-of-services-for-right-to-use-of-car-parking-space-would-be-taxable-at-18-aar/ Powered by Jetpack

posted: " ​    Case Details: PCIT v. Dakshin … Continue reading "Section 43B doesn't apply to electricity duty payable to the State Government: HC" The post Section 43B doesn't apply to electricity duty payable to the State Government: HC appeared first on Taxmann" Gupta Chandan & Associates Section 43B doesn't apply to electricity duty payable to the State Government: HC Jan 29 Case Details: PCIT v. Dakshin … Continue reading "Section 43B doesn't apply to electricity duty payable to the State Government: HC" The post Section 43B doesn't apply to electricity duty payable to the State Government: HC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/section-43b-doesnt-apply-to-electricity-duty-payable-to-the-state-government-hc/ Powered by Jetpack

posted: " ​    Case Details: M/s Ashok Leyland … Continue reading "No deduction for decrease in value of unlisted company investments: HC" The post No deduction for decrease in value of unlisted company investments: HC appeared first on Taxmann Blog.  Case Details" Gupta Chandan & Associates No deduction for decrease in value of unlisted company investments: HC Jan 29 Case Details: M/s Ashok Leyland … Continue reading "No deduction for decrease in value of unlisted company investments: HC" The post No deduction for decrease in value of unlisted company investments: HC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/no-deduction-for-decrease-in-value-of-unlisted-company-investments-hc/ Powered by Jetpack

posted: " ​    It may surprise that capital … Continue reading "[Opinion] Is it possible to claim cost of land acquired prior to sale of capital asset for exemption u/s 54/54F?" The post [Opinion] Is it possible to claim cost of land acquired prior to sale of capi" Gupta Chandan & Associates [Opinion] Is it possible to claim cost of land acquired prior to sale of capital asset for exemption u/s 54/54F? Jan 29 It may surprise that capital … Continue reading "[Opinion] Is it possible to claim cost of land acquired prior to sale of capital asset for exemption u/s 54/54F?" The post [Opinion] Is it possible to claim cost of land acquired prior to sale of capital asset for exemption u/s 54/54F? appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/opinion-is-it-possible-to-claim-cost-of-land-acquired-prior-to-sale-of-capital-asset-for-exemption-u-s-54-54f/ Powered by Jetpack

posted: " ​    Case Details: Rajiv Gandhi Proudyogiki … Continue reading "SC nullifies order for special audit u/s 142(2A) as order approving audit wasn't communicated to assessee" The post SC nullifies order for special audit u/s 142(2A) as order approving audit " Gupta Chandan & Associates SC nullifies order for special audit u/s 142(2A) as order approving audit wasn't communicated to assessee Jan 29 Case Details: Rajiv Gandhi Proudyogiki … Continue reading "SC nullifies order for special audit u/s 142(2A) as order approving audit wasn't communicated to assessee" The post SC nullifies order for special audit u/s 142(2A) as order approving audit wasn't communicated to assessee appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/sc-nullifies-order-for-special-audit-u-s-1422a-as-order-approving-audit-wasnt-communicated-to-assessee/ Powered by Jetpack

posted: " ​    Table of contents Introduction Deductions … Continue reading "Income Tax on House Property: Frequently Asked Questions (FAQs)" The post Income Tax on House Property: Frequently Asked Questions (FAQs) appeared first on Taxmann Blog.  Table of content" Gupta Chandan & Associates Income Tax on House Property: Frequently Asked Questions (FAQs) Jan 29 Table of contents Introduction Deductions … Continue reading "Income Tax on House Property: Frequently Asked Questions (FAQs)" The post Income Tax on House Property: Frequently Asked Questions (FAQs) appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/income-tax-on-house-property-frequently-asked-questions-faqs/ Powered by Jetpack

posted: " ​    Case Details: Sudalaimani Palanivelrajan v. … Continue reading "AO must consider valuation report if matter was referred to DVO before completing assessment: ITAT" The post AO must consider valuation report if matter was referred to DVO before compl" Gupta Chandan & Associates AO must consider valuation report if matter was referred to DVO before completing assessment: ITAT Jan 29 Case Details: Sudalaimani Palanivelrajan v. … Continue reading "AO must consider valuation report if matter was referred to DVO before completing assessment: ITAT" The post AO must consider valuation report if matter was referred to DVO before completing assessment: ITAT appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/ao-must-consider-valuation-report-if-matter-was-referred-to-dvo-before-completing-assessment-itat/ Powered by Jetpack

posted: " ​    Mukesh Kohli – [2023] 146 … Continue reading "[Opinion] Taxability of Alleged Bogus Purchases" The post [Opinion] Taxability of Alleged Bogus Purchases appeared first on Taxmann Blog.  Mukesh Kohli – [2023] 146 taxmann.com 428 (Article) Now a days w" Gupta Chandan & Associates [Opinion] Taxability of Alleged Bogus Purchases Jan 29 Mukesh Kohli – [2023] 146 … Continue reading "[Opinion] Taxability of Alleged Bogus Purchases" The post [Opinion] Taxability of Alleged Bogus Purchases appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/opinion-taxability-of-alleged-bogus-purchases/ Powered by Jetpack

posted: " ​    Case Details: PCIT v. Trilok … Continue reading "No additions u/s 68 if assessee not connected to MoU found during search: HC" The post No additions u/s 68 if assessee not connected to MoU found during search: HC appeared first on Taxmann Blog.  Cas" Gupta Chandan & Associates No additions u/s 68 if assessee not connected to MoU found during search: HC Jan 29 Case Details: PCIT v. Trilok … Continue reading "No additions u/s 68 if assessee not connected to MoU found during search: HC" The post No additions u/s 68 if assessee not connected to MoU found during search: HC appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/no-additions-u-s-68-if-assessee-not-connected-to-mou-found-during-search-hc/ Powered by Jetpack

posted: " ​    Case Details: Koninklijke Philips N.V … Continue reading "ITAT invokes MFN clause to give benefit of Article 12 of India-Italy treaty" The post ITAT invokes MFN clause to give benefit of Article 12 of India-Italy treaty appeared first on Taxmann Blo" Gupta Chandan & Associates ITAT invokes MFN clause to give benefit of Article 12 of India-Italy treaty Jan 29 Case Details: Koninklijke Philips N.V … Continue reading "ITAT invokes MFN clause to give benefit of Article 12 of India-Italy treaty" The post ITAT invokes MFN clause to give benefit of Article 12 of India-Italy treaty appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/itat-invokes-mfn-clause-to-give-benefit-of-article-12-of-india-italy-treaty/ Powered by Jetpack

posted: " ​    Case Details: Marvelore Mining & … Continue reading "Sec. 41(1) can't be used for liability against purchase of defective machinery that was never put to use: ITAT" The post Sec. 41(1) can't be used for liability against purchase of defective ma" Gupta Chandan & Associates Sec. 41(1) can't be used for liability against purchase of defective machinery that was never put to use: ITAT Jan 29 Case Details: Marvelore Mining & … Continue reading "Sec. 41(1) can't be used for liability against purchase of defective machinery that was never put to use: ITAT" The post Sec. 41(1) can't be used for liability against purchase of defective machinery that was never put to use: ITAT appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/income-tax/sec-411-cant-be-used-for-liability-against-purchase-of-defective-machinery-that-was-never-put-to-use-itat/ Powered by Jetpack

posted: " ​    [2023] 146 taxmann.com 426 (Article) … Continue reading "[Opinion] Comparative analysis of private placement, preferential offer & rights issues under Companies Act" The post [Opinion] Comparative analysis of private placement, preferential offe" Gupta Chandan & Associates [Opinion] Comparative analysis of private placement, preferential offer & rights issues under Companies Act Jan 29 [2023] 146 taxmann.com 426 (Article) … Continue reading "[Opinion] Comparative analysis of private placement, preferential offer & rights issues under Companies Act" The post [Opinion] Comparative analysis of private placement, preferential offer & rights issues under Companies Act appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/opinion-comparative-analysis-of-private-placement-preferential-offer-rights-issues-under-companies-act/ Powered by Jetpack

posted: " ​    Editorial Team – [2023] 146 … Continue reading "[World Tax News] South Africa brings TP Rules for intra-group loans and more" The post [World Tax News] South Africa brings TP Rules for intra-group loans and more appeared first on Taxmann Blog.  Edit" Gupta Chandan & Associates [World Tax News] South Africa brings TP Rules for intra-group loans and more Jan 29 Editorial Team – [2023] 146 … Continue reading "[World Tax News] South Africa brings TP Rules for intra-group loans and more" The post [World Tax News] South Africa brings TP Rules for intra-group loans and more appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/world-tax-news-south-africa-brings-tp-rules-for-intra-group-loans-and-more/ Powered by Jetpack

posted: " ​    Press Release no. 2022-2023/1614, dated: … Continue reading "RBI releases discussion paper on the 'Securitization of Stressed Assets Framework'" The post RBI releases discussion paper on the 'Securitization of Stressed Assets Framework' appeared fir" Gupta Chandan & Associates RBI releases discussion paper on the 'Securitization of Stressed Assets Framework' Jan 29 Press Release no. 2022-2023/1614, dated: … Continue reading "RBI releases discussion paper on the 'Securitization of Stressed Assets Framework'" The post RBI releases discussion paper on the 'Securitization of Stressed Assets Framework' appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/rbi-releases-discussion-paper-on-the-securitization-of-stressed-assets-framework/ Powered by Jetpack

posted: " ​    1. A Brief on the … Continue reading "[Opinion] Understanding Social Audit in the Light of Latest Regulatory Changes" The post [Opinion] Understanding Social Audit in the Light of Latest Regulatory Changes appeared first on Taxmann Blog.  1. A Brief" Gupta Chandan & Associates [Opinion] Understanding Social Audit in the Light of Latest Regulatory Changes Jan 29 1. A Brief on the … Continue reading "[Opinion] Understanding Social Audit in the Light of Latest Regulatory Changes" The post [Opinion] Understanding Social Audit in the Light of Latest Regulatory Changes appeared first on Taxmann Blog. Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/opinion-understanding-social-audit-in-the-light-of-latest-regulatory-changes/ Powered by Jetpack