The GST interest and penalty waiver scheme under Section 128A has specific guidelines for completing questionnaires in Form SPL-02. This scheme is designed to ease the financial…
29/12/20241 min read
Read Sorted by Latest
The GST interest and penalty waiver scheme under Section 128A has specific guidelines for completing questionnaires in Form SPL-02. This scheme is designed to ease the financial…
The Department of Expenditure, under the Ministry of Finance, has published a year-end report for 2024, highlighting key achievements in fiscal management. The report discusses…
The Ministry of Finance has intensified efforts to combat tax evasion through increased surveys and targeted investigations. The government aims to track down businesses and…
A Public Interest Litigation PIL has been filed in the Supreme Court of India seeking the scrapping of the Tax Deduction at Source TDS system. The PIL argues that the TDS system…
The GST on caramel popcorn sold in theatres remains at 5%, the Indian government has clarified. This decision comes after concerns were raised regarding the tax rate on snacks…
The CESTAT provided relief to Vodafone by clarifying that CENVAT credit on debit notes is valid under Rule 9 if essential details are provided. The Tribunal set aside the demand…
The ITAT ruled that an income tax reassessment notice served to a merged entity is void ab initio. The reassessment was challenged on the grounds that the notice was issued to the…
The Delhi Department of Trade and Taxes has appointed R.K. Ahuja to conduct an internal review to assess the performance of GST practitioners in Delhi. This initiative is part of…
The ITAT ruled that income tax proceedings cannot be initiated solely based on borrowed satisfaction. The case involved a situation where tax proceedings were initiated based on…
The CESTAT rejected a Chartered Accountant CA certificate as valid evidence to reduce the service tax liability during an audit. The case involved a company that had admitted to a…
The Allahabad High Court quashed an order by the First Appellate Authority FAA under GST, which erroneously recorded that the assessee failed to respond to notices or request…
The Delhi Department of Trade and Taxes has issued a transfer order against GST officers within the Delhi NCT. This move is part of an internal review process to improve…
The CESTAT ruled that no service tax is applicable on free supply of materials to the Central Industrial Security Force CISF . The case concerned a company that had provided…
The CESTAT ruled that advertising and marketing services, as well as banking and financial services, are admissible for CENVAT credit. The case involved a company that had used…
The Tripura High Court clarified that refund of unutilized Input Tax Credit ITC is not permissible under Section 54 of the CGST Act except under specific circumstances. The case…
The Patna High Court ruled that customs officers acting on secret information must ensure proper documentation and minimal reasons for seizure when executing a panchnama or…
The CESTAT held that Mifex oral suspension, Sancal Vert, and Forete are classified under the HS Code related to products of a kind used in animal feeding. These items are…
The ITAT upheld the order granting a deduction under Section 80P 2 d of the Income Tax Act for interest income earned by a cooperative bank. The case involved a cooperative bank…
The Finance Ministry has continued the anti-dumping duties on digital offset printing plates from China, Japan, Korea, and other countries. This move is part of India's efforts to…
The ITAT ruled that the Principal Commissioner of Income Tax PCIT cannot substitute the views of the Assessing Officer AO in Section 263 proceedings unless the AO’s decision is…
The CESTAT has ruled that CENVAT credit can be claimed on duty paid diesel used for generating electricity through a DG set. The case involved Vodafone Idea Ltd, which claimed…
The ITAT remanded a case involving interest from Fixed Deposit Receipts FDRs , holding that such interest qualifies as part of a corpus fund under Section 111D of the Income Tax…
The DGFT has imposed quantitative restrictions on the import of low-ash metallurgical coke under Chapter ITC HS Code 2704. This restriction aims to control the quantity of coke…
The National Company Law Appellate Tribunal NCLAT ruled on the interpretation of "decree-holder" under the Insolvency and Bankruptcy Code IBC . The case involved a financial…
Under the Goods and Services Tax GST regime, searches and seizures can be conducted by authorized officers in cases of suspected tax evasion. The law specifies the categories of…
The Allahabad High Court held that a driver transporting goods without an invoice or accompanying documents, which are necessary for proving the legality of the consignment, is in…
The Directorate General of Foreign Trade DGFT has announced an increase in its operational area by inducting new Product Specific Import Authorization PSIA categories into…
The CESTAT has ruled that excise valuation applies when goods are partly captively consumed and partly sold to a sister concern. The case involved a manufacturer who produced…
The CESTAT has relieved a customs broker from charges related to the violation of Customs Broker Licensing Regulations CBLR in the handling of a shipping bill. The tribunal found…
The ITAT allowed an appeal after determining that the failure to issue an intimation before an adjustment under Section 143 1A was not in compliance with the law. The taxpayer…
The ITAT condoned the delay in filing an appeal and allowed the taxpayer’s claim for a bad debt deduction under Section 36 1 vii of the Income Tax Act. The taxpayer had written…
The Allahabad High Court granted bail to the accused in a GST fraud case involving an amount of Rs. 264.56 crores. The accused had no criminal record, and the mastermind had…
The Allahabad High Court quashed a GST cancellation order that falsely indicated a reply had been filed by the assessee. The Court found that the cancellation order was issued on…
The Haryana RERA held that Emaar India was justified in charging Rs. 3,475 per lakh for external and infrastructure development charges in a real estate project. The charge was…
The Baramulla Consumer District Commission held an insurance company liable for failing to settle a genuine claim. The claimant had faced significant losses due to a natural…
The Competition Commission of India dismissed a complaint against AstroTalk, ruling that dominance in the market cannot solely be established by media statements. The complaint…
The CCI ruled that issues related to misleading advertisements do not fall under the purview of the Competition Act. The complaint regarding misleading advertisements was…
The CCI dismissed allegations of bid-rigging in the Bareilly Nagar Nigam tender. The complainant accused companies of colluding in the tender process, but the Commission found no…
The Delhi State Commission held LifeCell International liable for deficiency in service due to the misplaced stem cell sample. The company was found negligent in handling…
The Delhi State Commission found Essel Housing liable for deficiency in service due to its failure to deliver documents related to a property allotment. The complainant had been…
The Madras High Court ruled that gains must be excluded from income chargeable to tax under Section 10 38 of the Income Tax Act. The case dealt with capital gains arising from the…
The Supreme Court held that economic offences involving corruption, which result in loss to the public exchequer, cannot be quashed based on settlement. The Court stressed that…
The Madras High Court directed a Special Investigation Team SIT to investigate the Anna University sexual assault case, highlighting the importance of thorough investigation in…
The Allahabad High Court ruled that a full refund of court fees is permissible when the original court's order is remanded for reconsideration. The matter revolved around Section…
The Gujarat High Court granted anticipatory bail to Bhupendrasinh Zala, a businessman accused of a Rs. 6000 crore financial fraud. The Court considered the facts of the case,…
The ITAT remanded the case regarding the addition of unexplained investments back to the CIT A for re-examination. The assessee had claimed certain investments were not properly…
The Allahabad High Court ruled that the GST assessment order was passed after the expiration of the limitation period, rendering it invalid. The Court found that the taxpayer’s…
The ITAT ruled that non-compliance due to a short notice period of seven days for issuing penalties was not intentional, and thus, the penalties for six years were deleted.…
The Madras High Court suspended the sentence of H. Raja, a prominent politician, in a case involving hate speech. Raja had been sentenced for making derogatory remarks against a…
The Kerala High Court addressed a controversial New Year celebration incident in Fort Kochi involving the burning of "Pappanji." The case involved a traditional celebration that…
The GST interest and penalty waiver scheme under Section 128A has specific guidelines for completing questionnaires in Form SPL-02. This scheme is designed to ease the financial…
Showing 50 of 42930 updates