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ITAT Chennai: Interest paid on loan borrowed to settle the debt of the outgoing partner allowed as deduction; Even if the partners are family members; the same cannot be considered as a family settlement

Brief Facts of the Case The assessee ‘Partnership Firm’ (having family members as partners) was carrying on the business of […]

Appeal can’t be rejected for not being filed electronically

Assessee had filed appeal manually against order denying his refund claim. Appeal was rejected for not being filed electronically. The […]

ORISSA HIGH COURT PERMITS THE RECTIFICATION OF FORM GSTR -1 AFTER THE LAST DATE OF CARRYING RECTIFICATION

M/s. Shiva Jyoti Construction  vs The Chairperson, Central Board of Excise & Customs and others  [TS-79-HC(ORI)-2023-GST] The petitioner filed a […]