Sorted by Latest
The government has clarified that there is no GST applicable on UPI Unified Payments Interface payments, even for transactions exceeding ₹2,000, amidst circulating rumors…
A tea stall worker in Gujarat was shocked to receive an income tax notice demanding ₹115 crore. This unusual incident likely points towards a case of mistaken identity, a…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal upheld the relief granted by a coordinate bench to Vodafone Idea in a ₹13 crore CENVAT credit dispute related to service…
The Punjab and Haryana High Court remanded a matter to CESTAT Customs, Excise, and Service Tax Appellate Tribunal regarding the applicability of the Jindal Stainless Ltd. case on…
The ITAT Income Tax Appellate Tribunal ruled that an assessment under Section 143 of the Income Tax Act was void ab initio from the beginning as the Assessing Officer AO…
The ITAT Income Tax Appellate Tribunal granted relief on interest disallowance for advances to sister concerns and ordered verification of funds flow by the CITA Commissioner of…
The Gensol company fraud case has sparked a debate on the duties of auditors, with ICAI Institute of Chartered Accountants of India yet to act. This indicates concerns and…
The Delhi High Court directed the release of gold seized from a minor at IGI Airport as the Customs Department failed to issue a Show Cause Notice SCN within the stipulated time.…
The ITAT Income Tax Appellate Tribunal deleted a ₹1.44 crore addition under Section 68 of the Income Tax Act for Wow Entertainment, citing the denial of cross-examination and…
The Delhi High Court ordered the release of goods due to an inordinate 11-year delay in adjudication, citing a violation of Section 11A 11 of the Central Excise Act. Section 11A…
The Delhi High Court ordered the immediate release of personal gold jewelry seized at the airport from an individual returning from a family event abroad. The court likely found…
The Patna High Court ruled that CENVAT credit on capital goods received after July 1, 2017, which is the commencement date of GST, is not allowable for the transitional period…
The Madras High Court held that additional penalty under Section 125 of the GST Act is not applicable when late fees have already been levied for the non-filing or delayed filing…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that Rule 8 of the Central Excise Valuation Rules is inapplicable where there is no sale or captive consumption,…
The Calcutta High Court granted bail to a businessman in a ₹2 crore GST Input Tax Credit ITC case, based on toll data. The court likely considered the toll data as a significant…
The ITAT Income Tax Appellate Tribunal applied a 4% Gross Profit GP rate on bogus purchases of ₹2.5 crore, citing the taxpayer's declared profit rate. The tribunal adopted a…
The ITAT Income Tax Appellate Tribunal applied a 4% Gross Profit GP rate on bogus purchases of ₹2.5 crore, citing the taxpayer's declared profit rate. The tribunal adopted a…
The Calcutta High Court granted bail to a businessman in a ₹2 crore GST Input Tax Credit ITC case, based on toll data. The court likely considered the toll data as a significant…
Voltas has received a customs duty demand of ₹24.81 crore for alleged short payment. This indicates that the customs authorities have determined that Voltas underpaid the…
The ITAT Income Tax Appellate Tribunal ruled that religious objects must be assessed under the 5% expenditure rule and restored an application under Section 80G of the Income Tax…
The Delhi High Court held that delays in settling medical insurance claims do not constitute a criminal offense but can be a ground for compensation in civil proceedings. The…
The Delhi High Court held that a taxpayer who had previously responded to a GST Show Cause Notice SCN sent via the portal cannot later plead unawareness for a disputed assessment…
The Delhi High Court ordered the immediate release of personal gold jewelry seized at the airport from an individual returning from a family event abroad. The court likely found…
The Delhi High Court ordered the release of goods due to an inordinate 11-year delay in adjudication, citing a violation of Section 11A 11 of the Central Excise Act. Section 11A…
The Competition Commission of India CCI ruled that Zomato's delivery charges, platform fees, and food prices are not unfair or discriminatory. The CCI's decision suggests that it…
The ITAT Income Tax Appellate Tribunal set aside an addition of ₹45.74 lakh for cash deposits made during demonetization and remanded the matter for fresh examination. The…
The ITAT Income Tax Appellate Tribunal upheld the deletion of a ₹21.36 crore disallowance under Section 14A of the Income Tax Act for Oriental Insurance. Section 14A disallows…
The Madras High Court directed the disposal of an appeal within two months where the bank account of the appellant was attached during the pendency of the appeal. The court's…
The ITAT Income Tax Appellate Tribunal deleted a ₹1.44 crore addition under Section 68 of the Income Tax Act for Wow Entertainment, citing the denial of cross-examination and…
The Orissa High Court clarified that the Supreme Court's interim relief on entry tax interest applies only to the petitioners in the specific Special Leave Petition SLP before the…
Criminal contempt action has been sought against BJP MP Nishikant Dubey for his remarks against the Supreme Court and the Chief Justice of India CJI . This development highlights…
A Thane Sessions Court rejected the anticipatory bail application of a former Uttar Pradesh MLA, Hari Narayan Rajbhar, in an alleged ₹3 crore cheating case. This denial of…
The Karnataka High Court held that the ₹1 crore stamp duty cap excludes the 10% cess as per the Karnataka Stamp Act, which functions independently. The court clarified that the…
The central government is planning to strengthen the offices of the MSME Micro, Small and Medium Enterprises sector in the Northeast region, following advocacy from MP Jamir of…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal upheld the relief granted by a coordinate bench to Vodafone Idea in a ₹13 crore CENVAT credit dispute related to service…
A tea stall worker in Gujarat was shocked to receive an income tax notice demanding ₹115 crore. This unusual incident likely points towards a case of mistaken identity, a…
The government has clarified that there is no GST applicable on UPI Unified Payments Interface payments, even for transactions exceeding ₹2,000, amidst circulating rumors…
The Allahabad High Court upheld a tender condition that limited participation to pellet makers within the NCR National Capital Region , finding it not arbitrary. The court likely…
The Calcutta High Court held that while an injunction against the invocation of a bank guarantee cannot generally be granted, the court should provide interim protection if a…
The Allahabad High Court ruled on the change of land use for cobhumidhar land under the UP Revenue Code, 2006, where shares are divided jointly on the land. The court's decision…
The Karnataka High Court ordered a CBI Central Bureau of Investigation investigation into the Kolar Zilla Panchayat President murder case. This direction for a CBI probe indicates…
The Rajasthan High Court ruled on the retesting of samples under the NDPS Narcotic Drugs and Psychotropic Substances Act. While the specific details of the ruling are not provided…
The Orissa High Court issued guidelines for the release of seized currency notes under Section 457 of the Criminal Procedure Code CrPC while the accused's trial is pending.…
The Jharkhand High Court ruled that the mere lack of a detailed property description in a will and the proximity of the testator's death to the will's execution are not sufficient…
The Supreme Court held that a proposed purchaser under an agreement to sell cannot sue a third party who claims title and possession of the property. The court reasoned that the…
The NCLAT National Company Law Appellate Tribunal ruled that the NCLT National Company Law Tribunal cannot rectify or amend an uploaded order without hearing the affected parties.…
The NCLT National Company Law Tribunal , Delhi, held that an application under Section 19 2 of the IBC Insolvency and Bankruptcy Code is not maintainable against a third party.…
The NCLT National Company Law Tribunal held that fraud or malicious intent under Section 65 of the IBC Insolvency and Bankruptcy Code is proven if the terms of a loan extended by…
The NCLT National Company Law Tribunal , Chandigarh, held that the acknowledgement of debt by a corporate debtor would extend the limitation period for the personal guarantor as…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that digital still image video cameras imported by the assessee are entitled to basic customs duty exemption. The…
The government has clarified that there is no GST applicable on UPI Unified Payments Interface payments, even for transactions exceeding ₹2,000, amidst circulating rumors…
Showing 50 of 42930 updates