54th GST Council Meet: Key Takeaways
The Union Finance Minister, Nirmala Sitharaman, headed 54th GST Council Meet. It is the GST Council's first meeting after the Union Budget 2024-25.Read More:...
Statements Recorded Under PMLA Deemed To Be Judicial Proceedings: Supreme Court
The Supreme Court has held that the statements recorded under Prevention of Money Laundering Act, 2002 (PMLA) during the inquiry are deemed to be...
Requirement Of KYC Does Not Qualify As ‘Information’ For Income Tax Reassessment: Bombay High Court
The Bombay High Court, Goa Bench has held that the requirement of KYC does not qualify as ‘information’ for income tax reassessment under section...
Excise & Taxation Officer Lacks Jurisdiction To Transfer Proceedings To DGGI: Punjab & Haryana High Court
The Punjab and Haryana High Court has held that the order of the respondent-department in transferring the proceedings to Directorate General of GST Intelligence...
Income Tax Appeal Filed On Behalf Of Company Whose Name Is Struck Off Is Maintainable: ITAT
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has held that income tax appeal filed on behalf of a company whose name is...
Income Tax Disallowance Can’t Be Made For Non-Submission Of Flat Buyer’s PAN Details: Delhi ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the income tax disallowance cannot be made for non-submission of flat buyer’s...
GST Dept. Can’t Adjudicate SCN After 6 Years Citing Absence Of Statutory Provisions: Bombay High Court
The Bombay High Court has held that the GST department cannot adjudicate show cause notice (SCN) after 6 years citing absence of statutory provisions.The...
Tax Invoices, E-Way Bills Not Enough To Avail GST ITC: Allahabad High Court
The Allahabad High Court has held that the tax invoices, e-way bills are not enough to avail Input Tax Credit (ITC) under Goods and...