Gold
Direct Tax
Vendor Non-Response Alone Can’t Justify Denial of Business Expenditure: ITAT Remands Rs. 40.63 Crore Expense Disallowance
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Direct Tax
CBDT Circular Denying Tax Relief to Judges Under New Tax Regime Questioned: Delhi HC Stays Processing of Judges’ ITRs
The Delhi High Court has prima facie held that statutory allowances granted to High...
Notification
Gold, Precious Metals Import Duty Hiked
The Central Government has increased import duty rates on gold from 4% to 4.35%...
Indirect Taxes
Foreign Markings Alone Can’t Prove Smuggling: CESTAT Quashes Confiscation Of Gold & Cash
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Columns
PM Modi Urges Citizens To Save Fuel, Avoid Gold Buying And Foreign Travel Amid Global Crisis
Prime Minister Narendra Modi has urged citizens to adopt restraint in fuel consumption, reduce...
Notification
CBIC Notifies Revised Customs Tariff Values for Edible Oils, Gold, Silver, Brass Scrap and Areca Nuts
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance,...
Indirect Taxes
Gold Chains in Running Length Classifiable as Jewellery, Not Semi-Manufactured Gold: CESTAT Quashes Rs. 15 Lakh Penalty
The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) while...
Indirect Taxes
Hearsay Statement Alone Can’t Prove Gold Smuggling: CESTAT Orders Release of Seized Gold
The Customs, Excise and Service Tax Appellate Tribunal, Allahabad Bench, has held that mere...
Notification
CBIC Revises Tariff Values for Edible Oils, Gold, Silver, and Areca Nuts; New Rates Effective 16 April 2026
The Central Board of Indirect Taxes and Customs (CBIC) has revised the tariff values...
Columns
Gold and Silver FoFs vs ETFs
Fund of Funds (FoFs) investing in gold and silver exchange-traded funds (ETFs) have become...
Notification
CBIC Revises Tariff Values for Edible Oils, Gold, Silver, Brass Scrap; New Rates Effective from January 1, 2026
The Central Board of Indirect Taxes and Customs (CBIC) has revised the tariff values...
Indirect Taxes
17 Phones, 500g Gold Hidden in Infant’s Stroller: Delhi HC Dismisses Contempt Petition Against Customs Dept., Imposes Rs. 10k Costs On Smuggler
The Delhi High Court has recalled its earlier order granting partial relief to a...
Notification
Govt. Revises Tariff Values for Gold, Silver, and Key Commodities under Customs Act
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance,...
Indirect Taxes
Customs Dept. Can’t Hold Seized Gold Indefinitely, Orders Release to Iranian Passenger: Delhi HC
The Delhi High Court has held that the customs department cannot hold seized gold...
Latest articles
Direct Tax
Vendor Non-Response Alone Can’t Justify Denial of Business Expenditure: ITAT Remands Rs. 40.63 Crore Expense Disallowance
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Direct Tax
CBDT Circular Denying Tax Relief to Judges Under New Tax Regime Questioned: Delhi HC Stays Processing of Judges’ ITRs
The Delhi High Court has prima facie held that statutory allowances granted to High...
Direct Tax
Forex Hedging Gains on Cancellation of Forward Contracts Are Capital Gains, Not ‘Income From Other Sources’: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that gains...
Other Laws
No Motor Accident Compensation Without Proven Link Between Death and Use of Vehicle: Supreme Court
The Supreme Court has held that compensation under the Motor Vehicles Act cannot be...