Judgements and Orders, Supreme Court and High courts of India

Factors to be considered while computing compensation to be given to an employee in a motor vehicle accident

Guest 06 August 2020 at 08:51

The Supreme Court has observed that while applying the multiplier method in computing Motor Accident Compensation, future prospects on advancement in life and career are also to be taken into consideration.

Posted in Corporate Law | 108 Views

Computation of total Income with disallowance of payment u/s 40

Guest 05 August 2020 at 17:14

Computation of total Income with disallowance of payment u/s 40 (a)(ia)

Posted in Income Tax | 80 Views

Denial of Input Tax Credit (Inverted Duty Structure) to be called invalid

Guest 03 August 2020 at 15:43

From the conjoint reading of the provisions of Act and Rules, it appears that by prescribing the formula in Sub-rule 5 of Rule 89 of the CGST Rules,2017 to exclude refund of tax paid on "input service" as part of the refund of the unutilized input ta

Posted in GST | 145 Views

Bail by HC to person allegedly involved in issuing fake invoice

Guest 01 August 2020 at 14:08

High Court decided to grant the bail to the petitioner who is allegedly guilty of creating bogus firms/companies solely for the purpose of fraudulently creating and issuing GST invoices without any sale/purchase and actual movement of goods.

Posted in GST | 195 Views

Inculding notional rent from vacant property

Guest 01 August 2020 at 14:03

The issue under consideration is whether the addition on account of notional rent in respect of vacant property is justified in law?

Posted in Income Tax | 88 Views

Computation of totoal Income with disallowance of payment u/s 40 (a)(ia)

Guest 01 August 2020 at 11:36

Computation of total Income with disallowance of payment u/s 40 (a)(ia)

Posted in Income Tax | 86 Views

GST Update on whether DVDs containing case laws can be considered as "e-books"

Pradeep Jain 22 May 2020 at 11:43

In this update we shall discuss a recent advance ruling pronounced by Tamil Nadu AAR in the case of VENBAKKAM COMMANDUR JANARDHAN, proprietor of M/s Law Weekly Journal on the issue whether the sale of DVD’s/CD’s containing the printed content in elec

Posted in GST | 353 Views

Advance Ruling for type of income/revenue shall be considered for Aggregate Turnover for registration

Kusum Gandhi 11 May 2020 at 10:38

Income/Revenue from Interest received from different sources, Partner's salary, received as partner, Salary received as Director from a Pvt. Ltd. Company, Rental income on Commercial Property Residential Property, of income out of maturity proceeds o

Posted in GST | 428 Views

GST Update on requirement of separate registration for execution of contract in another state

Pradeep Jain 06 May 2020 at 10:46

The present update intends to discuss the recent advance ruling given by AAR Karnataka in the case of M/s T & D Electricals.

Posted in GST | 462 Views

GST Update on whether Rajasthan AAR competent to decide on registration requirement in another State?

Pradeep Jain 05 May 2020 at 13:06

The present update intends to discuss the Advance Ruling given in the case of M/s T & D Electricals. The question placed before the Advance Ruling was the requirement of separate registration for executing works contract in another State and leviabil

Posted in GST | 485 Views