Judgement

As per the Gujarat AAR, applicant is not eligible to claim the ITC of GST charged on lease rental, where the factory building would be constructed on leased land.

GST ITC Not Available on Lease Rental for Land Used for Factory Construction: AAR

News

Supreme Court upheld that a CA’s professional act of issuing Form 15CB cannot attract criminal liability under PMLA.

Big Relief for Chartered Accountants: SC Says Issuing Form 15CB Doesn’t Mean Abetting Money Laundering

GST Appellate Tribunal confirms DGAP’s re-investigation report and accepts closure report; holds that no breach of Section 171(1) of the CGST Act was made out.

GSTAT Confirms Closure Report; DGAP’s Re-Investigation Accepted; No Contravention under Section 171(1) Found

The Supreme Court of India has held that a Chartered Accountant cannot be prosecuted for money laundering under the PMLA Act merely for issuing Income Tax Form 15CB.

CA cannot be Held for money laundering for merely issuing Income Tax Form 15CB: Supreme Court

GST Appellate Tribunal drops anti-profiteering proceedings after DGAP confirms no benefit of tax rate reduction or ITC accrual post-GST for real estate projects.

GSTAT Drops Anti-Profiteering Proceedings; Finds No Benefit of ITC or Tax Rate Reduction Under Section 171 of CGST Act

HC upholds MHADA’s authority under Section 95A of the MHAD Act to issue eviction orders in a consolidated redevelopment covering both cessed and non-cessed buildings

Explore Our Blogs

GST ITC Not Available on Lease Rental for Land Used for Factory Construction: AAR

Big Relief for Chartered Accountants: SC Says Issuing Form 15CB Doesn’t Mean Abetting Money Laundering

GSTAT Confirms Closure Report; DGAP’s Re-Investigation Accepted; No Contravention under Section 171(1) Found

CA cannot be Held for money laundering for merely issuing Income Tax Form 15CB: Supreme Court

GSTAT Drops Anti-Profiteering Proceedings; Finds No Benefit of ITC or Tax Rate Reduction Under Section 171 of CGST Act

High Court Dismisses Tenants’ Challenge to MHADA Eviction Under Section 95A