Fake ITC Racket
Indirect Taxes
Outbound Foreign Tours to Indian Tourists Taxable Under Service Tax: CESTATÂ
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Bangalore Bench, has held that...
Direct Tax
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...
GST
Alleged Fake ITC Racket Posed Serious Threat To Public Exchequer: Allahabad HC Denies Bail
The Allahabad High Court has rejected the bail applications of three accused—Hari Shankar Sharma,...
GST
DGGI Delhi Busts ₹645-Crore Fake ITC Racket; Mastermind Mukesh Sharma Arrested
The Directorate General of GST Intelligence (DGGI), Delhi Zonal Unit, has unearthed a sprawling...
GST
CGST Delhi South Busts Rs. 47.12 Crore Fake ITC Racket in Iron & Steel Sector, One Arrested
The Central Goods and Services Tax (CGST) Delhi South Commissionerate has unearthed a significant...
Latest articles
Indirect Taxes
Outbound Foreign Tours to Indian Tourists Taxable Under Service Tax: CESTATÂ
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Bangalore Bench, has held that...
Direct Tax
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...
Columns
Car Lease Can Reduce Taxable SalaryÂ
Car leasing continues to remain one of the last meaningful tax-saving avenues available to...
Notification
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...