Delhi ITAT: Doctors Who Receive Payments Will be Subject to TDS U/S 194J Instead of 192
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
8h ago
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) comprising of M. Balaganesh (Accountant Member) and Anubhav Sharma (Judicial Member) has ruled that the payments made to doctors shall be covered by TDS provisions under Section 194J and not Section 192 of the Income Tax Act. Section 194J of the Income Tax Act is pertinent […] The post Delhi ITAT: Doctors Who Receive Payments Will be Subject to TDS U/S 194J Instead of 192 first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
Delhi HC Instructs to Apply GST Refund Application Within 7 Days, Earlier Rejected Due to Failure U/S 54
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
10h ago
The Delhi High Court was directed to apply for a refund mandated under section 54 of the Central Goods and Service Tax ( CGST ) Act, 2017 for a refund of GST paid. The court removes the period between 19.01.2024 and the date of judgment for limitation. The applicant, Pedersen Consultants India Pvt Ltd, asks […] The post Delhi HC Instructs to Apply GST Refund Application Within 7 Days, Earlier Rejected Due to Failure U/S 54 first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
CBDT Issues a Notif No.37/2024 for Revised ITR-V Form for FY 2023-24
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
10h ago
A significant update for the verification process for electronically filed Income Tax Returns (ITRs) is been announced by the Central Board of Direct Taxes (CBDT). Effective from April 1, 2024, taxpayers need to use the newly notified Form ITR-V who submit their returns through electronic mode but fail to verify them electronically. Important Facts About […] The post CBDT Issues a Notif No.37/2024 for Revised ITR-V Form for FY 2023-24 first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
Pune ITAT Supports Disallowance for Late Deposit of PF & ESIC U/S 36(1)(va)
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
13h ago
Kothari Wheels filed an appeal against the order of the CIT(A) concerning the disallowance of late deposit of Employees’ shares of PF and ESIC has been supported by ITAT Pune. Throughout the AY 2018-19, the CPC, Bengaluru made a disallowance of Rs. 93,37,905/- because of the late deposit of employees’ share of PF and ESIC […] The post Pune ITAT Supports Disallowance for Late Deposit of PF & ESIC U/S 36(1)(va) first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
GST | Madhya Pradesh HC Cancels Vague Order Which is Passed U/S 74
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
1d ago
The matter of Durge Metals versus the Appellate Authority and Joint Commissioner, State Tax, before the Madhya Pradesh High Court, is around the challenge to specific notices issued under the GST Act. The applicant challenged the sufficiency of the show cause notice furnished and the following actions carried via the counsel. The blog has the […] The post GST | Madhya Pradesh HC Cancels Vague Order Which is Passed U/S 74 first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
ITAT: TDS is Not Deductible U/S 195 for Expenses Related to Support Services Paid to a Foreign Company
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
1d ago
The expense for the management and marketing support services paid to foreign companies is not levied to tax under Fee for Technical Service (FTS) under the India-Netherlands Double Taxation Avoidance Agreement (DTAA) and therefore TDS is not deductible under section 195 of the Income Tax Act, ITAT Delhi ruled. Facts About the Case of NTL […] The post ITAT: TDS is Not Deductible U/S 195 for Expenses Related to Support Services Paid to a Foreign Company first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
Denial of LTCG Tax Exemption Not Allowed Due to Builder’s Error in Apartment Assignment
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
2d ago
The tax benefits cannot be refused to the taxpayer because of an error made by the builder in assigning the apartment, the Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled. The bench of Rahul Chaudhary (Judicial Member) and Om Prakash Kant (Accountant Member) noted that the petitioner cannot be penalized for the mistake executed […] The post Denial of LTCG Tax Exemption Not Allowed Due to Builder’s Error in Apartment Assignment first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
ITAT Chennai: IT Section 155(14) Can’t Limit the TDS Credit If Income Shown in Return
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
2d ago
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) held that Section 155(14) of the Income Tax Act, 1961 could not limit the Tax Deduction at Source ( TDS ) credit if the income is correctly shown in the Income-tax Returns. The ITAT bench noted that “once TDS is deducted and deposited […] The post ITAT Chennai: IT Section 155(14) Can’t Limit the TDS Credit If Income Shown in Return first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
PB & HR HC: If A SCN is Not Decided within 30 Days of the Response, GST Registration is Considered Revoked
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
2d ago
The Punjab and Haryana High Court ruled that suspension of GST registration is considered canceled unless a show cause notice is decided within 30 days of answer. The interim relief for revocation of the suspension of the applicant’s GST registration is permitted by the bench of Justice Sanjeev Prakash Sharma and Justice Sudeepti Sharma and […] The post PB & HR HC: If A SCN is Not Decided within 30 Days of the Response, GST Registration is Considered Revoked first appeared on SAG Infotech Official Tax Blog ..read more
Visit website
Delhi HC Cancels Order Relating Mismatch in GST ITC Due to Lack of Proper Hearing
SAG Infotech Official Tax Blog
by Arpit Kulshrestha
2d ago
The matter of Suresh Kumar Jain Vs Sales Tax Officer Class II Avato & Anr is related to the dispute originating from a Show Cause Notice (SCN) issued under the Central Goods and Services Tax Act, 2017 (CGST Act). The applicant contested the order on 29.12.2023, which disposed of the SCN, and sought a demand […] The post Delhi HC Cancels Order Relating Mismatch in GST ITC Due to Lack of Proper Hearing first appeared on SAG Infotech Official Tax Blog ..read more
Visit website

Follow SAG Infotech Official Tax Blog on FeedSpot

Continue with Google
Continue with Apple
OR