Wednesday, July 4, 2018

Kerala HC directs competent authority to take decision on application for revision of returns

CGST/Kerala State GST/CST & VAT/ Kerala VAT - Where assessee, a registered dealer under Kerala VAT Act, preferred two applications before Competent Authority for permission to submit revised returns in respect of period 2014-15 and 2015-16, but no action had been taken on them, said authority was directed to take decision on applications in terms of Circular No. 14 of 2017 within one month

from www.taxmann.com Latest Case Laws https://ift.tt/2u5IdMQ

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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