Tag: Budget

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AO Can’t Interfere In The Method Selected For The Valuation Of Shares: Bangalore ITAT

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the AO cannot interfere in the method selected for the valuation of the shares. The...

Transfer Of Title Of Goods By Panasonic To Its Customers In DTA Is Not A Supply: Tamil Nadu AAR

Author: Khushi J Prajapati The Tamil Nadu Authority for Advance Ruling (AAR) ruled that the transfer of title of goods by Panasonic to its...

ITAT Allows Loss On Account Of Error Trading Transaction To Morgan Stanley

In a major relief to Morgan Stanley India Company Ltd., the Income Tax Appellate Tribunal (ITAT), Mumbai Bench allowed loss on account of error...

Tax Paid To Supplier Not Remitted To State Exchequer, Purchaser Can’t Be Punished: Gauhati High Court

The Gauhati High Court ruled that the tax paid to the supplier is not remitted to the state exchequer and the purchaser can't be...

10 WAYS TO CLAIM REFUND AND CREDITS UNDER GST BY BUSINESSES

Author: Khushi J Prajapati Introduction Under the Goods and Services Tax (GST) system in India, businesses can claim refunds for numerous reasons including excess tax payments,...

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