Thursday, September 3, 2020

Excess CST paid on account of denial of Form ‘C’ is allowed as refund to buyer: GUJ HC

GST/EXCISEZ/ST/VAT : Where assessee, a manufacturer of cement, was registered under Central Sales Tax Act in State of Rajasthan and Competent Authority of State of Rajasthan wrongly refused to issue Form 'C' to assessee for purchase of diesel at concessional rate of 2 per cent and thereupon seller, who was located in Gujarat,

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195426/excess-cst-paid-on-account-of-denial-of-form-‘c’-is-allowed-as-refund-to-buyer-guj-hc.aspx

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

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...