Judgement

The Chhattisgarh HC ordered that capital gain exemption u/s 54B is not allowed if land is purchased in the name of wife.

Capital Gain Exemption u/s 54B not allowed if land is purchased in name of wife [Read Judgement]

The Kerala High Court has directed a refund of GST wrongly paid in cash inspite of ITC availability.

HC directs refund of GST wrongly paid in cash inspite of ITC availability [Read Order]

Orders

The NFRA debarred Chartered Accounts for five years with a Rs. 5 lakh penalty for audit lapses.

NFRA debars CA for Five year with 5 Lakhs Penalty for Audit Lapses

News

FM Nirmala Sitharaman said that the GST Council will look into Parliamentarians' desire to raise the sales threshold for GST Registration.

Increasing GST threshold limit to 60 Lakh may be considered by GST Council: FM Nirmala Sitharaman

Notifications

The government stated via notification that the Cabinet Appointments Committee has approved the appointment of 18 Judicial Members and 22 Accountant Members to ITAT.

ITAT appoints 40 New Members including 18 Judicial and 22 Accounts Members

The Rajya Sabha approved a bill to facilitate the setting up of GST appellate tribunals.

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Capital Gain Exemption u/s 54B not allowed if land is purchased in name of wife [Read Judgement]

HC directs refund of GST wrongly paid in cash inspite of ITC availability [Read Order]

NFRA debars CA for Five year with 5 Lakhs Penalty for Audit Lapses

Increasing GST threshold limit to 60 Lakh may be considered by GST Council: FM Nirmala Sitharaman

ITAT appoints 40 New Members including 18 Judicial and 22 Accounts Members

Rajya Sabha passes bill to raise age Limit of President, Members of GSTAT [Read Bill]