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GST
No General Penalty U/s 125 Once Late Fee Is Payable On Belated GSTR-9 Filing: Madras HC
The Madras High Court has held that once a registered person is liable to...
Company & PMLA
Banks Can’t Freeze Company Accounts Over Internal Management Disputes Without Court Order: Calcutta HC
The Calcutta High Court has held that banks cannot freeze company accounts over internal...
GST
No Stay On Bombay HC’s Order Allowing Inter-State Transfer of Unutilised GST ITC After Amalgamation; SC Issues Notice
The Supreme Court did not grant stay but has issued the notice to the...
GST
Composite GST SCN U/s 74 Invalid: Karnataka HC
The Karnataka High Court has quashed a GST demand order issued under Section 74...
GST
GST Recovery From Third-Party Company Quashed; Karnataka HC Reaffirms Limits on Garnishee Proceedings
While reinforcing the doctrine of corporate separateness and procedural safeguards under GST law, the...
Direct Tax
No TDS Required For Services Rendered Outside India: ITAT Deletes Disallowance on Foreign Commission
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has allowed the appeal of a...
Direct Tax
Composite Trust Eligible for Section 80G Approval If Religious Spending Is Within 5% Limit: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a...
Notification
India Initiates Anti-Dumping Probe on Nylon-6 Imports from China and Russia
India has formally initiated an anti-dumping investigation into imports of Nylon-6 Chips and Granules...
Notification
CBDT Notifies Inbar Holding RSC Ltd as Eligible Pension Fund for Tax Exemption on Indian Investments Till 2030
The Central Board of Direct Taxes (CBDT) has notified Inbar Holding RSC Limited, an...
Direct Tax
Jewellery Found During Search Can’t Be Fully Treated as Unexplained When Relatives Are Present for Family Function: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed appeals...
GST
Ignoring CBIC Circulars on Rule 28 Valuation Vitiates GST Demand on Corporate Guarantee: Madras High Court
The Madurai Bench of the Madras High Court has set aside a GST demand...
Direct Tax
Wrong Legal Advice Justifies 543-Day Delay; But ITAT Upholds PCIT’s Section 263 Revision Over Demonetisation Cash Deposits
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a substantial...
Latest articles
Direct Tax
Faceless Assessment Completed Without SCN: ITAT Deletes Rs. 1.64 Crore Addition
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the relief...
Indirect Taxes
CESTAT Reduces Penalty in EPCG Fraud Case Involving Third-Party Shipping Bills
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Direct Tax
ITAT Deletes Rs. 134.99 Crore Addition on Share Capital Received From Non-Resident Holding Company Via Banking Channel
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
Indirect Taxes
CESTAT Allows Amendment of Bill of Entry for Refund Claim on Excess Customs Duty Paid Due to Missed Exemption
The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...