• March 7, 2023

CA Ved Jain – [2023] 148 taxmann.com 89 (Article) The Finance Minister while presenting the Budget has announced various measures to promote MSME. The Hon’ble Minister stated that MSME are growth engines of our economy. In order to promote timely payments to micro and small enterprises, the Hon’ble Minister proposed to include payments made to […]

• March 6, 2023

Case Details: Shree Ganesh Molasses Trading Co. v. Superintendent, Office of the Commissioner - [2023] 148 taxmann.com 36 (Gujarat) Judiciary and Counsel Details Ms Sonia Gokani & Sandeep N. Bhatt, JJ. Hiren J. Trivedi for the Petitioner. Utkarsh R. Sharma for the Respondent. Facts of the Case The petitioner was engaged in the business of trading of […]

• March 4, 2023

Case Details: Apex Formulations (P.) Ltd. v. Union of India - [2023] 148 taxmann.com 47 (Gujarat) Judiciary and Counsel Details A.J. Desai & Ms Nisha M. Thakore, JJ. Uchit N. Sheth for the Petitioner. Ankit Shah & Priyank P Lodha for the Respondent. Facts of the Case The petitioner was engaged in the manufacture and sale of medicines. […]

• March 4, 2023

Publish Date : Tuesday, February 28, 2023 source

• March 3, 2023

Press Release dated Match 1st, 2023 The gross GST revenue collected in the month of February 2023 is Rs. 1,49,577 crores. The revenues for the month of February 2023 are 12% higher than the GST revenues in the same month last year, which was Rs. 1,33,026 crores. This month witnessed the highest cess collection of […]

• March 2, 2023

Case Details: Chandrashekhar Sadashiv Potphode v. DCIT - [2023] 147 taxmann.com 260 (Pune-Trib.) Judiciary and Counsel Details S.S. Godara, Judicial Member & G.D. Padmahshali, Accountant Member Ms Vishaka & Satish Shanbhag for the Appellant. Suhas Kulkarni, for the Respondent. Facts of the Case Assessee, a resident individual, filed its return of income for the relevant assessment year by […]

• March 2, 2023

Publish Date : Wednesday, March 1, 2023 source

• March 1, 2023

Case Details: Silver Spark Apparel Ltd. v. DCIT - [2023] 147 taxmann.com 500 (Mumbai-Trib.) Judiciary and Counsel Details Aby T Varkey, Judicial Member & Gagan Goyal, Accountant Member Madhur Agrawal, Adv. for the Appellant. Chetan M. Kacha, Sr. DR for the Respondent. Facts of the Case Assessee, a private limited company, filed its return of income for the […]

• February 28, 2023

Yash Gupta – [2023] 147 taxmann.com 538 (Article) Introduction The Insolvency and Bankruptcy Code, 2016 (IBC) is a comprehensive legislation that aims to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate entities, partnership firms, and individuals in a time-bound manner. One of the key features of the IBC is the […]