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No Addition can be made on account of Unsecured Loans if assessee proves genuineness: ITAT
Fact of the Case The assessee company, M/s. K. P. Manish Global Ingredients Pvt. Ltd. is engaged in the business of dealing in drugs,...

CA Dilip Badlani
2 min read


Horse race clubs liable to pay GST only on commission:Karnataka High Court
Horse race clubs liable to pay GST only on commission and not entire bet amount – Rule 31A(3) of CGST Rules ultra vires : The Hon’ble ...

CA Dilip Badlani
3 min read


Parallel proceedings cannot be initiated by State GST: Calcutta High Court
Parallel proceedings cannot be initiated by State GST authorities on the same subject matter: The Hon’ble Calcutta High Court : The...

CA Dilip Badlani
2 min read
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