Category: My Blog

  • Recent Updates on GST Portal Functionalities: July-August 2024

    The GST portal has undergone several significant updates recently, aiming to enhance user experience and streamline various functionalities. These updates, implemented from July to August 2024, address key areas such as GST registration, size of documents uploaded, refunds, e-invoicing, tax collection at source (TCS), and Aadhaar-based authentication. Below is a detailed overview of each update…

  • GST Judgement – Goods In Transit

    ALLAHABAD HIGH COURT Bishnu Supply Co. …..AppellantV/sState of U.P. and Another …..Respondent Honble JusticeShekhar B. Saraf and Manish Kumar Nigam, JJ. Date : 21/09/2024 Appearance:Shubham Agrawal for the Petitioner.C.S.C. for the Respondent.  Issues Involved :-  Case referred/cited :-Halder Enterprises Versus State of U.P. and others — [2023] 67 S.K. Trading Co And Another Versus Additional Commissioner Grade 2 (Appeal) and Another —…

  • Detailed Analysis of Section 128A

    The Finance (No. 2) Bill 2024 introduced a significant amendment by incorporating Section 128A into the tax legislation. This provision aims to offer an amnesty by waiving interest and penalties in specific cases of tax proceedings under Section 73. The amendment targets the tax payable for the period from 1st July 2017 to 31st March 2020. This article delves into…

  • Applicability of Companies (Auditor’s Report) Order, 2020

    1. CARO 2020 is a new format for issue of audit reports in case of statutory audits of companies under Companies Act, 2013. 2. CARO 2020 has included additional reporting requirements after consultations with the National Financial Reporting Authority (NFRA). 3. The aim of CARO 2020 is to enhance the overall quality of reporting by…

  • GST JUDGEMENT – WRIT PETITION

    ALLAHABAD HIGH COURT WRIT TAX NO. – 1420 OF 2024 Bankey Bihari Plywood Industries Private Limited …..AppellantV/sState of U.P. and Another …..Respondent Honble JusticeShekhar B. Saraf and Manjive Shukla, JJ. Date : 06/09/2024 Appearance:Vishwjit for the Petitioner.C.S.C. for the Respondent.  Issues Involved :-  Case referred/cited :-Mahaveer Trading Company Versus Deputy Commissioner, State Tax and another — [2024] 70 TAXLOK.COM 011 (Allahabad), 2024:AHC:38820-DB JUDGMENT 1. This…

  • GST Judgement

    MADHYA PRADESH HIGH COURT WRIT PETITION NO. 21645 OF 2024 Deepak Singhal …..AppellantV/sUnion of India and Others …..Respondent Honble JusticeSushrut Arvind Dharmadhikari and Duppala Venkata Ramana, JJ. Date : 30/08/2024 Appearance:Shri Shashwat Seth-Advocate for the Petitioner.Shri Sudeep Bhargava-Deputy Advocate General for the Respondent.Case Disposed of Issues Involved :– The court quashed the FIR against the petitioner involved in GST-related allegations, ruling…