penalty
Company & PMLA
3 Month Timeline U/s 121 IBC Is Directory, Delay in Bankruptcy Petition Against Personal Guarantor Can Be Condoned: NCLAT
The National Company Law Appellate Tribunal (NCLAT) has held that the three-month period prescribed...
Company & PMLA
NCLT Can’t Interfere with ED’s PMLA Attachments During CIRP: NCLAT
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has held that the National...
Indirect Taxes
No Interest, Penalty or Redemption Fine Leviable on IGST Demand Prior to 16.08.2024: CESTAT
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Direct Tax
Penalty Can’t Be Imposed on Debatable Issue Pending Before High Court: ITAT Quashes Rs. 20.56 Lakh Penalty on SIDBI
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed penalty proceedings...
Direct Tax
Estimated Bogus Purchase Additions Can’t Attract Penalty: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Indirect Taxes
Smuggling Penalty Not Sustainable Solely On Statements: CESTAT
The Delhi Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has set...
Indirect Taxes
No Pre-Deposit Waiver In Crude Palmolein Imports Case Involving Penalty Of Nearly Rs. 417 Crore: Karnataka High Court
The Karnataka High Court has declined to grant relief to an edible oil importer...
GST
Interest, Penalty Recovered by Chit Foreman Not Exigible To GST: AP HC
The Andhra Pradesh High Court has held that the interest and penalty recovered by...
Indirect Taxes
CESTAT Quashes Confiscation, Penalty, Redemption Fine on IGST Demand Linked to Pre-Import Condition
The Mumbai Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has set...
GST
SC Disposes GST Dept’s Appeal Against Calcutta HC Order Citing Monetary Limit on Penalty
The Supreme Court has dismissed an appeal filed by the Department in a GST...
Notification
Pre-deposit On Penalty Only In Appeal Notified w.e.f. 01.10.2025
The Ministry of Finance has notified that the Section 128, 129 and 130 of...
Indirect Taxes
Can Penalty Be Imposed Both On Company And Its Employees For Same Act? CESTAT
The Chennai Bench of Customs Excise and Service Tax Appellate Tribunal (CESTAT) has held...
GST
Gujarat HC Quashes Interest, Penalty in GST Transitional Credit Dispute
The Gujarat High Court has quashed the interest and penalty in the GST transitional...
International Taxation
Why Does Trump Consider a 25% Tariff and ‘Penalty’ on Indian Goods?
Trump reiterated that his administration is considering imposing a 25% tariff rate on Indian...
Latest articles
Company & PMLA
3 Month Timeline U/s 121 IBC Is Directory, Delay in Bankruptcy Petition Against Personal Guarantor Can Be Condoned: NCLAT
The National Company Law Appellate Tribunal (NCLAT) has held that the three-month period prescribed...
Company & PMLA
NCLT Can’t Interfere with ED’s PMLA Attachments During CIRP: NCLAT
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has held that the National...
Direct Tax
Holding Company Can’t Issue Shares on Behalf of Subsidiary to Claim S. 72A Demerger Tax Benefits: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
Direct Tax
TDS on Coaching Faculty Remains U/s 194J, Not Salary Provision U/s 192: ITAT
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) has held that remuneration...