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Kerala High Court: Conditions for ITC U/s 16(2)(c) not in favour of Business; Relief as per Cir. 183 & 193 allowed. Timelines for Sec. 16(4) is procedural and the benefit should be retrospective.
This article delves into the legal landscape surrounding the condonation of delay in GST appeals, analyzing pertinent case laws and providing a comprehensive technical discussion on the matter.
This article explores the judicial wisdom and statutory provisions that address this issue. We will delve into specific cases where courts have provided relief due to illness and analyze the constitutional aspects that may be applicable.
A Show Cause Notice (SCN) is a preliminary document issued by tax authorities to a taxpayer when there is an alleged non-compliance or violation of tax laws.
The Income Tax Department has now upgraded the AIS functionality, allowing taxpayers to track the confirmation status of information reported by sources like banks. This new feature aims to increase transparency by displaying if the source has accepted or rejected feedback on incorrect data in the AIS.
The Goods and Services Tax (GST) in India has been a subject of continuous evolution since its implementation. One such aspect that has been a cause for concern among taxpayers is the compliance with Rule 86B.
Through this comprehensive walkthrough, taxpayers will find essential insights into adhering to the new compliance mechanisms, thereby mitigating the risk of tax credit discrepancies and ensuring smoother tax operations.
A Show Cause Notice is a significant instrument in maintaining due process within organizations, courts, and various administrative actions. It serves as a formal communication requiring an individual to explain or justify their actions or conduct, which is allegedly in violation of company rules or codes of conduct.
The Indian GST Department has issued new guidelines Instruction No. 01-2023-24 dated 30-Mar-2024, to CGST field formations on maintaining ease of doing business while engaging in investigations with regular taxpayers.
This article delves deep into the critical points that taxpayers and professionals must consider while dealing with SCNs under the GST regime.
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