- Subscription received towards Cloud Services is not royalty income
- Extension of Validity of Export of Raw Sugar to USA under TRQ to 31.12.2022
- Weekly newsletter from Chairman, CBIC dated 12/10/2022
- Penalty u/s 112(b) of Customs Act, 1962 unsustainable in absence of sufficient evidence
- No penalty u/s 271(1)(c) if the mistake was bonafide
- Denial of ITC due to cancellation of registration of supplier of goods with retrospective effect
- Disallowance u/s 40(a)(ia) unsustainable as TDS not deductible on bank commission
- Reversal of ITC in case of non-payment of consideration within 180 days w.e.f. 01.10.2022
- TDS on transactions of redevelopment of societies
- Customs Valuation: Additional Obligations in respect of Identified Goods
Source Taxguru