Power to arrest could not be exercised without following the procedure prescribed under Finance Act, 1994

GST/Excise/ST/VAT: Power of arrest under section 91 of Finance Act, 1994 could not be exercised without following procedure as set out under section 73A(3) and (4)

from www.taxmann.com Latest Case Laws http://bit.ly/2WnmY6p

I-T Dept, GSTN to Ink MoU for Sharing Info

I-T Dept, GSTN to Ink MoU for Sharing Info

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CBDT and GSTN sign pact to nab evaders

CBDT and GSTN sign pact to nab evaders

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Assessee can't escape liability u/s 69A by merely stating that unexplained money was received by his agent

IT : Assessee could not escape liability under section 69A by merely pleading that amount in question was not received by him rather it was received by his agent

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New filter for analysis if comparables couldn't be applied during appellate proceedings

IT/ILT: A new filter cannot be applied in course of appellate proceedings

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Presumptive inference & analysis provided by informant couldn't be basis to order probe

Competition Act: Where OP2 was holding fiduciary position in OP1-Association comprising of sugar traders, millers, bulk consumers and informant alleged that OP2 shared price sensitive information pertaining to sugar price over WhatsApp group run and operated by OP2 which in turn were used by group members to quote lowest prices in tender floated by sugar millers, however, no evidence was provided by informant to prove his claim and no case of contravention of provisions of section 3(3) read with

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CBDT to share data with GST dept. to trap tax evaders

The Central Board of Direct Taxes (CBDT) has laid a trap for tax evaders by entering into an MoU with Goods & Services department for sharing data.

from taxmann.com News http://bit.ly/2IRCbcx