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Provisional Release of Imported Second-Hand Copiers Allowed Despite Alleged Non-Compliance with BIS & DGFT Norms: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that...

Outbound Foreign Tours to Indian Tourists Taxable Under Service Tax: CESTAT 

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Bangalore Bench, has held that...

Buyback of Own Shares Not Taxable as ‘Property’ U/S 56(2)(x): Delhi High Court

The Delhi High Court has held that buyback of a company’s own shares does...

Car Lease Can Reduce Taxable Salary 

Car leasing continues to remain one of the last meaningful tax-saving avenues available to...

90% Late Fee Waiver Under CCFS-2026: MCA Opens 3-Month Window to Clear Backlog & Avoid Prosecution

The Ministry of Corporate Affairs (MCA) has launched the Companies Compliance Facilitation Scheme, 2026...

No GST Recovery Before Appeal Period Ends: Bombay High Court

The Bombay High Court has held that recovery proceedings cannot be initiated by the...

GST on Silver: Rates, HSN Codes, Calculation & Impact Explained

Before the implementation of the Goods and Services Tax (GST), the taxation system on...

Understanding Income Tax Notices: Password, Types, and Key FAQs

After successfully filing your Income Tax Return (ITR), the Income Tax Department begins processing...

ITAT Restricts Arbitrary 2% Income Estimation, Applies 0.40% GP Rate; Penalty Deleted

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has curtailed arbitrary estimation...

Estimated Bogus Purchase Additions Can’t Attract Penalty: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

Managing Director Eligible For Temporary GST Registration and Separate DRC-07 To Enable Appeal: Telangana High Court

The Telangana High Court has held that the Managing Director is eligible for temporary...

Latest articles

Date of Possession—Not Registration—Relevant for Capital Gains Relief: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has ruled in favour of the...

No Personal Hearing Notice Issued: Uttarakhand High Court Quashes GST Order for Violation of Section 75(4)

In a significant ruling reinforcing the principles of natural justice under GST law, the...

GSTAT Hyderabad Bench Commences Operations from April 20; Registrar Court to Address Defective Appeals

The Goods and Services Tax Appellate Tribunal (GSTAT), Hyderabad Bench, has officially commenced its...

Is Consolidated GST SCN Across Multiple Financial Years Valid? Bombay HC Refers Issue to Larger Bench

The Bombay High Court  while hearing a large batch of writ petitions has raised...