The ITAT has ruled that a delay in filing an appeal due to medical reasons could justify condoning the delay. The taxpayer had failed to file the appeal within the stipulated time…
12/12/20241 min read
Read Sorted by Latest
The ITAT has ruled that a delay in filing an appeal due to medical reasons could justify condoning the delay. The taxpayer had failed to file the appeal within the stipulated time…
The Madras High Court has quashed a revenue demand of Rs 14.58 crore, which was based on allegations of undisclosed land sale receipts. The court ruled that the revenue department…
A pharmaceutical trader who failed to file GST annual returns has been granted another opportunity for a hearing by the Madras High Court. The trader's non-compliance with GST…
The Madras High Court has granted a hearing in a case involving GST input tax credit ITC claims from canceled dealers, return defaulters, and non-taxpayers. The case pertains to…
The Bombay High Court ruled that keeping a minor child away from their mother constitutes mental cruelty. The case involved a father who was not allowing his child to be in…
The Madras High Court has granted a hearing to a taxpayer who was facing short payment of taxes due to an excessive input tax credit ITC claim. The taxpayer had claimed more ITC…
India's cryptocurrency sector has been caught in a major GST evasion case involving Rs 824 crore. The authorities uncovered fraudulent claims related to goods and services tax GST…
The Income Tax Review Committee is working to simplify the Income Tax Act, aiming to ease the tax compliance process without altering tax rates. The committee's focus is on…
Union Minister Amit Shah responded to a question in Rajya Sabha regarding income tax relief for cooperative societies. He highlighted key changes under Section 269T, including…
The Madras High Court has demanded a pre-deposit of 25% from a taxpayer who claimed excess GST input tax credit ITC due to reconciliation issues. The taxpayer had discrepancies…
An illiterate taxpayer running a mobile shop was fined by the Income Tax Appellate Tribunal ITAT for failing to comply with an income tax notice. The taxpayer had not responded to…
Mahindra Lifespace received a tax demand of Rs 2.09 crore from the Tamil Nadu GST department. The demand pertains to alleged non-compliance with GST regulations, possibly due to…
The Standing Committee on Finance has proposed key recommendations to address procedural delays and manpower shortages at the National Company Law Tribunal NCLT and improve the…
The Central Income Tax Appellate Tribunal CIT A has directed the assessing officer to allow a rebate under Section 87A for short-term capital gains STCG that had previously been…
The Income Tax Appellate Tribunal ITAT has remitted a case regarding the denial of deduction under Section 80P 2 a i for a Souharda Cooperative Society. The denial was based on…
The Madras High Court has ruled that a maximum of three personal hearings must be provided following the issuance of a GST DRC-01 notice. This ruling came after the taxpayer was…
The Madras High Court has ruled that entities claiming charitable status under the Goods and Services Tax GST regime cannot exceed 20% of their gross receipts from commercial…
The Madras High Court has ordered a fresh hearing for a taxpayer facing a mismatch in tax amounts arising from discrepancies between GSTR-2A and GSTR-3B. The taxpayer had failed…
The Finance Minister recently met with representatives from the MSME sector for pre-budget consultations. Discussions focused on key challenges facing small and medium…
The Standing Committee on Finance has highlighted procedural delays and a shortage of manpower at the National Company Law Tribunal NCLT . With 19,969 pending cases, the committee…
The 55th GST Council meeting is expected to address several key issues, including potential changes in GST rates, compliance procedures, and the introduction of new measures to…
The Supreme Court ruled that the absence of a complaint under Section 498A of the IPC for several years does not absolve a husband of charges of cruelty against his wife. In a…
Bluestone, an online jewelry brand, reported a loss of INR 59 crore in Q1 FY25. This financial setback comes after the company faced challenges in achieving expected growth…
The Supreme Court of India has enhanced the compensation in a motor accident case, where a 7-year-old girl was left mentally disabled after the accident. The Court increased the…
The Supreme Court ruled that a wife’s right to maintenance should override any claims by creditors on the husband’s assets. In this case, the Court held that the maintenance…
The Supreme Court called for a year-round ban on firecrackers, not just to combat air pollution but also to curb noise pollution. The Court recognized the severe environmental and…
The Supreme Court of India made a strong statement regarding the quality of education in schools, citing a case in Muzaffarnagar where students were not being taught values of…
In a critical observation, the Supreme Court questioned how witnesses could claim they would not cooperate with investigations, particularly in the context of the Hema Committee…
The Supreme Court has allowed disabled students from the Other Backward Classes OBC category to be admitted to medical colleges in Rajasthan. The decision came after the state…
The Supreme Court ruled that civil courts cannot override judgments or legislative actions that are in conflict with established laws. In the case of the Places of Worship Act,…
In a significant ruling, the Supreme Court held that mere harassment is not enough to convict someone for abetting suicide. The case involved a husband accused of abetting his…
The Supreme Court of India ruled that a sanction for prosecution under Section 197 of the Criminal Procedure Code CrPC is required when an alleged offense is connected to the…
Justice B.V. Nagarathna of the Supreme Court has expressed strong views against judges engaging with social media platforms, particularly Facebook. According to her, judges should…
The Supreme Court of India has emphasized that preventive detention is a harsh measure and can only be invoked when there is a disturbance to public order. The Court stated that…
The Supreme Court of India is considering the fate of the West Bengal teacher recruitment scam, determining whether the entire recruitment process should be canceled or only…
The Special Court has acquitted a former coal secretary in a case involving alleged corruption in the allocation of coal blocks. The court found insufficient evidence to prove the…
The Supreme Court has reiterated that disputes falling exclusively within the jurisdiction of statutory authorities cannot be resolved through arbitration. The Court emphasized…
The NCLAT has ruled that a secured creditor is liable to pay the liquidator's fees if the option under Section 52 of the IBC is exercised. The case involved the creditor’s…
The National Company Law Appellate Tribunal NCLAT has ruled that a petition under Section 7 of the Insolvency and Bankruptcy Code IBC cannot be barred for defaults committed…
The Delhi District Commission has imposed punitive damages of Rs 15 lakh on Emami for engaging in unfair trade practices and misleading advertisements. The company had been found…
The Haryana RERA has directed Ansal Builders to refund the booking amount paid by a complainant for purchasing a shop. The complainant had entered into an agreement with Ansal…
The Delhi District Commission has ruled that doctors cannot be held liable for medical negligence without reliable evidence. In a case involving allegations of medical negligence,…
The Madras High Court has ruled that GST authorities cannot add new defects in their orders that were not mentioned in the show-cause notices SCNs . In this case, the tax…
The ITAT has remanded a case to the Commissioner of Income Tax Appeals for fresh adjudication concerning unsecured loans worth Rs 1.42 crore. The issue arose from the taxpayer’s…
The Madhya Pradesh High Court has ruled that the revenue authorities cannot levy a penalty on belated GST returns and then disallow input tax credit ITC due to the delayed filing.…
The deadline for the advance tax payment for the financial year 2024-25 falls on December 15, 2024, a Sunday. However, taxpayers can still make their payment on December 16, 2024,…
The Jharkhand High Court has ruled that GST input tax credit ITC is allowable on delayed returns for the financial year 2017-18. The court directed the refund of penalty and…
The Madras High Court has granted a final opportunity for a taxpayer to explain discrepancies arising from a mismatch in GST returns and the non-payment of interest on delayed GST…
The Punjab and Haryana High Court has ruled that non-payment of the requisite fee under the CGST Act is not a valid ground to dismiss a GST appeal. In this case, the taxpayer had…
The Central Board of Direct Taxes CBDT has reported that a total of Rs 3.08 lakh crore in income tax refunds have been issued. The refunds are part of the government's ongoing…
The ITAT has ruled that a delay in filing an appeal due to medical reasons could justify condoning the delay. The taxpayer had failed to file the appeal within the stipulated time…
Showing 50 of 42930 updates