Denying GST ITC On Advance Receipts Would Create Inconsistency And Disrupt Harmonious Functioning Of GST Provisions, Rules Bombay High Court
The Bombay High Court has ruled that denying (Input Tax Credit) ITC on advance receipts would create inconsistency and disrupt the harmonious functioning of...
Restriction Under Section 45 Of PMLA Not Applicable To Constitutional Courts In Granting Bail To Money Laundering Accused: Allahabad High Court
The Allahabad High Court has held that the restriction under section 45 of Prevention of Money Laundering Act (PMLA) is not applicable to constitutional...
Sanction From Govt. Mandatory To Take Cognizance Against Public Servants For Money Laundering Offences: Supreme Court
The Supreme Court has held that the sanction from the government under Section 197 of Code of Criminal Procedure (Cr. PC) is mandatory to...
Indirect Tax Weekly Flashback: 10 To 16 November 2024
Indirect Tax Weekly Flashback: 10 To 16 November 2024.Table of Contents - Indirect Tax Weekly FlashbackDelhi High court Delhi High court Directs Customs Dept. To...
Bombay High Court Directs DGFT To Pay Cost Of Rs. 50,000 To L&T: Know Why?
The Bombay High Court has directed the Directorate Of Foreign Trade (DGFT) to pay a cost of Rs. 50,000 to Larsen & Toubro Limited...
Interest On Delayed IGST Refund Payable From 60 Days After Filing Of Shipping Bill: Bombay High Court
The Bombay High Court has held that the Petitioner is entitled to interest under Section 56 of the CGST Act for the period beginning...
Allahabad High Court Comes Down Heavily On Advocate Of PMLA Accused For Sending Emails To Enforcement Directorate
The Allahabad high court comes down heavily on advocate of accused involved in Prevention Of Money Laundering Act (PMLA) for sending emails to enforcement...
BREAKING | Union Budget 2025: CBDT Working On Simplified Version Of Income Tax Laws
The Union Government is preparing the Union Budget 2025, which shall be presented on February 1, 2023, the Central Board of Direct Taxes (CBDT)...
Delhi High Court Refuses To Condone AO’s 2 Minutes Delay In Issuing Reassessment Notice; Quashes Notice Being Time Barred
The Delhi High Court has refused to condone 2 minutes delay in issuing reassessment notice by the Assessing Officer (AO).The bench of Justice Vibhu...
Himachal Pradesh High Court Upholds GST On Royalty Paid By Mineral Concession Holder For Any Mining Concession Granted By State
The Himachal Pradesh High Court has upheld the GST on royalty paid by mineral concession holders for any mining concession granted by state.The bench...
TDS Is Deductible On Salaries Of Nuns And Priests Working In Aided Schools: Supreme Court
The Supreme Court while upholding the decision of Madras High Court has held that under Income Tax Act TDS is deductible on salaries of...
Direct Tax Weekly Flashback: 3 November To 9 November 2024
Direct Tax Weekly Flashback for the period 3 November To 9 November 2024.Punjab and Haryana High Court - Direct Tax Weekly FlashbackFamily Settlement Not...
GSTN Issues Advisory On GST Amnesty Scheme Under Section 128A
The Goods and Service Tax Network (GSTN) has issued the advisory on GST Amnesty Scheme under Section 128A.Waiver Of Interest And Penalties In Demand -...
Whether Refund Can Be Denied To SEZ Unit Citing Limitation? CESTAT Refers Question To Larger Bench
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has referred the question whether refund can be denied to SEZ...
Petition Challenging Tariff Notifications Imposing Fixed Rate Of Tariff On Imports Of Gold Findings: Telangana High Court Stays Custom Duty Demand
The Telangana High Court has stayed the demand in the petition challenging tariff notifications imposing fixed rate of tariff on imports of gold findings.The...
Top 5 Errors In Canon India Judgement Pointed Out By Supreme Court While Hearing Review Petition By Customs Dept. | READ ORDER
The Supreme Court has allowed the customs department review petition and pointed out errors in Cannon India Judgement.The bench of Chief Justice of India...
BREAKING | Canon India Judgment | DRI Officers Are ‘Proper Officer’ To Issue Show-Cause Notices Under Customs Act: Supreme Court Allows Customs Dept. Review...
The Supreme Court has allowed the customs department review petition in the case of Commissioner Of Customs Vs. M/S Canon India Private Limited and...
BREAKING | Supreme Court To Deliver Judgement On Customs Dept’s Review Petition In Cannon Case
Today the Supreme Court is likely to deliver judgement on the customs department review petition in the Cannon Case.On 19 September, the bench of...
