Gaming industry lauds GoM move to tax online gaming separately
The online gaming industry is heaving a collective sigh of relief after the Group of Ministers (GoM) decided not to mix online…
Category: GST Articles
GST Rules amendment on registration cancellation: HC notice to Centre
The Bombay High Court has issued notices to the Union and Maharashtra governments seeking their response to a petition against…
Intention to evade tax is absent, taxpayer be given another chance: Delhi HC
The Delhi High Court has held that the petitioner/taxpayer needs to be given another chance to establish why the subject…
Pay convenience charges, GST if income tax payment is made by credit card / net banking
Next time if you pay your income tax via the new income tax portal website, then be aware that you…
GST on renting out residential units: Clarification required to avoid frivolous litigations
Since GST was introduced, renting residential dwellings for residing was exempt. In a significant development, the government withdrew the GST…
Rectification u/s 154 cannot be invoked by AO in case of Debatable Issues: ITAT
ITAT Delhi in its recent ruling in the case of M/s. Avisha Credit Capital Ltd has held that rectification proceedings…
SC gives finance ministry 30 more days for opening of GST portal
It’s the credit that taxpayers have carried forward from the erstwhile indirect tax regime and the estimated value of genuine…
Income Tax Department to soon make e-verification operational
The Income Tax Department will soon operationalise the already notified e-verification scheme intended to verify information received from various reporting…
Income Tax: Now Pay Tax using UPI, Credit Card, RTGS and NEFT
The e-filing portal of the Income Tax Department has enabled the e-Pay Tax service with wider payment options including RTGS/NEFT…
Recycled Twin Towers debris will attract GST slab of 5%–18%, say experts
Recycling Supertech twin towers demolition debris needs core policy changes to create environmental impact, say experts As much as Rs…
Guidelines for launching of prosecution under the CGST Act issued by CBIC
The CBIC vide Instruction No. 04/2022-23 [GST – Investigation] dated 1st September 2022 has issued guidelines for the launching of prosecution under the CGST…
₹ 1,43,612 crore gross GST revenue collected in August 2022
The gross GST revenue collected in the month of August 2022 is ₹ 1,43,612 crore of which CGST is ₹ 24,710 crore,…