Notifications

The CBDT through the Directorate of Income Tax (Systems), has notified the guidelines for furnishing Statement of Financial Transactions (SFT-2517) relating to depository transactions. 


CBDT Notification: Half-Yearly SFT Reporting by Depositories to Facilitate Capital Gains Pre-Filling in ITRs

Judgement

The Karnataka High Court says custodial interrogation not necessary in genuine transactions.

High Court Grants Anticipatory Bail to GST Purchasers Accused of Availing Bogus ITC

The GSTAT Rules CBIC Circular on same HSN inapplicable where there is no GST rate reduction.

GSTAT Holds GST Refund Cannot Depend on Manufacturer Status

The Calcutta High Court has held that bank cannot freeze account without evidence of Fraud.

High Court Holds Mere Suspicion of ‘Mule Account’ Insufficient to Freeze Account

The Allahabad High Court held GST Department can invoke Section 74A based on Independent Verification.

High Court Holds Section 61 Scrutiny Not Mandatory Before Issuing Section 74A GST Notice

The CPC passed fresh rectification order and allows remuneration claim after rectification


Explore Our Blogs

CBDT Notification: Half-Yearly SFT Reporting by Depositories to Facilitate Capital Gains Pre-Filling in ITRs

High Court Grants Anticipatory Bail to GST Purchasers Accused of Availing Bogus ITC

GSTAT Holds GST Refund Cannot Depend on Manufacturer Status

High Court Holds Mere Suspicion of ‘Mule Account’ Insufficient to Freeze Account

High Court Holds Section 61 Scrutiny Not Mandatory Before Issuing Section 74A GST Notice

ITAT Ahmedabad Allows Partner Remuneration Deduction Under Section 40(b)