Tax Demand
GST
Release of Buyback Escrow Doesn’t Bar SEBI Fraud Proceedings: Supreme Court Remands Vedanta Case to SAT
The Supreme Court has held that the release of an escrow amount under the...
GST
10% Penalty Pre-Deposit Not Required When GST Order Also Confirms Tax Demand: Madras High Court
The Madras High Court has held that the special pre-deposit requirement applicable to appeals...
GST
Can GST Prosecution Continue After Tax Demand Falls Below Rs. 5 Crore? Uttarakhand HC Defers Decision
The Uttarakhand High Court has adjourned sine die a petition challenging criminal prosecution under...
GST
IGST Paid Under Wrong Head Must Be Considered for Adjustment Before Raising Tax Demand: Karnataka High Court
The Karnataka High Court has held that authorities cannot mechanically demand CGST and SGST...
Direct Tax
Delay in Passing Assessment Order Bars Tax Demand; Mandates Acceptance of ITR: Bombay High Court
The Bombay High Court has held that failure of the Income Tax Department to...
Direct Tax
Bombay High Court Stays Tax Demand Against Municipal Corporation Over TDS on TDR Issuance
The Bombay High Court has stayed an Income Tax Department order declaring the civic...
GST
Mahindra Holidays’ Club Services Under GST Lens: Rs. 363 Cr Tax Demand Over Misreported IGST
Mahindra Holidays & Resorts India Ltd (MHRIL) has disclosed in a regulatory filing that...
Latest articles
GST
Release of Buyback Escrow Doesn’t Bar SEBI Fraud Proceedings: Supreme Court Remands Vedanta Case to SAT
The Supreme Court has held that the release of an escrow amount under the...
GST
10% Penalty Pre-Deposit Not Required When GST Order Also Confirms Tax Demand: Madras High Court
The Madras High Court has held that the special pre-deposit requirement applicable to appeals...
Supreme Court
Dissolved Partnership’s Assets Must Be Sold at Present Value, Not Frozen at 1983 Rates: Supreme Court
The Supreme Court has held that assets belonging to a dissolved partnership firm cannot...
Supreme Court
Is Fraudulent Intent Necessary To Invoke Stamp Act Proceedings For Undervaluation? Supreme Court Refers Issue To Larger Bench
The Supreme Court has referred to a larger Bench the question whether proceedings under...