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TMI - e-Newsletter TaxTMI Company's expenses disallowed, but no penalty as... TaxTMI Resolving Arbitral Tribunal's Mandate Extension:... TaxTMI Court allows appeal against retrial order for... TaxTMI Provisions restricting input tax credit on... TaxTMI Lack of jurisdiction for AO to invoke Sec 153C... TaxTMI Writ challenging assessment dismissed; assessee... TaxTMI Fraudulent employee mishandling led to embezzlement... TaxTMI Taxpayer challenges legality of vague penalty... TaxTMI Tax-free dividend income, interest-free funds... TaxTMI Battle over Betel Nut Classification: Roasted or... TaxTMI Goods matched documents like e-way bill and... TaxTMI Income tax reassessment validity: AO initiated... TaxTMI Sale-purchase loss disallowed unreasonably by tax... TaxTMI Revision: Hospital receipts verified, partial... TaxTMI Inflated invoices by employees led to pre-existing... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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February 10, 2021 CGST Officials arrest one after busting network of 46 fake firms involved in fake input tax credit of ₹ 82.23 crore February 9, 2021 4,73,131 number of Indian Companies and 1,065 number of Foreign Companies have been benefited by availing the Companies Fresh Start Scheme (CFSS), 2020 February 9, 2021 187.03 Kisan Credit Cards with credit limit of ₹ 1.76 lakh crore sanctioned to farmers as on 29th January 2021 February 9, 2021 Rajasthan becomes the 12th State to complete One Nation One Ration Card system reform February 9, 2021 328 appeals have been filed before NCLAT from decisions of CCI February 9, 2021 Various schemes launched by Government during COVID-19 pandemic for companies February 9, 2021 41.75 accounts opened under Pradhan Mantri Jan Dhan Yojana February 9, 2021 Steps taken by Government to ameliorate impact of COVID-19 pandemic on Indian economy February 9, 2021 Auction for Sale (Re-issue) of ‘4.48% GS 2023’, ‘GoI Floating Rate Bond 2033’, ‘6.22% GS 2035’, and ‘6.67% GS 2050’ February 9, 2021 Special Auction for Sale (Re-issue) of ‘5.15% GS 2025’, and ‘5.85% GS 2030’ February 9, 2021 Government follows “Minimum Government – Maximum Governance” principle as presented in Union Budget 2021-22: Finance Minister Smt. Nirmala Sitharaman February 8, 2021 Meeting between the Commerce and Industry Minister of India and the Secretary of State for International Trade of the U.K. February 8, 2021 FDI cap hike to raise insurance penetration, help attract overseas funds: Experts February 8, 2021 Union Budget 2020-21 places the AYUSH Sector on a sustainable path of growth, say sectoral experts February 6, 2021 1st India-EU High Level Dialogue on Trade and Investment held February 6, 2021 Four more States complete ease of doing business reforms; Get additional borrowing permission of ₹ 5,034 crore February 6, 2021 Union Budget 2021-2022 will further enhance the Investment Ecosystem in the country: DPIIT Secretary February 6, 2021 Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) February 3-5, 2021 February 5, 2021 Private sector has a key role in India’s growth recovery, Government will be a good facilitator: Finance Minister Smt. Nirmala Sitharaman February 5, 2021 Revenue Deficit Grant of ₹ 6,195 crore released to 14 States

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F: ITC Issue in case of Acqusition of Company in Insolvency

F: Consolidated SCN and Order

F: Registration Required or Not

F: Issuance of show cause notice by the additional Director General, Dire...

F: ITC on Inward supplies availed in the next Financial Year

F: RCM on Rent for Exempted Commodity

F: RCM on Rent for Composite Dealer

F: GST AUDIT U/S 65 AND SHOW CAUSE U/S 73

N: Central Government notifies transfer of capital asset from NLC India L...

A: Classification of Clear Float Glass: CTH 7005 1090 or CTH 7005 2990?

A: EXTENSION OF MANDATE OF ARBITRAL TRIBUNAL.

A: Excessive payment u/s 40A(3) are not disallowed incase business expedi...

A: ITC is available on inward supply of motor vehicles used for demonstra...

A: Hydrated Lime/Slaked Lime containing less than 98% of the Calcium Oxid...

N: Amendment in Notification number S.O.3048(E), dated the 31st July, 2024

H: Accumulated profits calculation for deemed dividend: Deduct depreciati...

H: Pending Income Tax appeals: Stay on recovery until disposal of petitions.

H: Dividend income taxability, intra-group services' TP adjustment throug...

H: Scrutiny on cash deposits as agricultural income: Validity of claims &...

H: Banks' tax woes: Disallowances, interest deductibility, bad debt recov...

H: Income tax penalty quashed after AO accepted assessee's declared incom...

H: Transfer pricing adjustments questioned, comparables scrutiny ordered....

H: Arbitral Award Taxability: Contractual Compensation is Business Income...

H: Software license income not taxable in India under India-US DTAA; non-...

H: Aircraft repair fees not taxable as "Fee for Technical Services"; no t...

H: Charitable trust denied tax exemption for excessive commercial exploit...

H: Bogus commodity transactions surfaced through complex fund routing for...

H: Cash deposits during demonetization were explained, addition dropped. ...

H: Construction Biz Dodges Income Tax Additions: Hotel, Garden, & Propert...

H: Directors' remuneration not liable for service tax as employer-employe...