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The Delhi High Court ruled that consensual relationships between teenagers should not be criminalized under the Protection of Children from Sexual Offences POCSO Act. The court…
Relief to Kirloskar Oil Engines: CESTAT Excludes Dealer Promotion Expenses from Assessable Value, No Direct Benefit to Manufacturer CESTAT provided relief to Kirloskar Oil Engines…
MSMEs in Uttar Pradesh have called for the conversion of 46,500 acres of leasehold industrial land into freehold. This demand is driven by concerns over land ownership rights and…
In a recent ruling, the Patna High Court dismissed a petition concerning the cancellation of GST registration. The court emphasized that the petitioner had failed to avail of…
The Patna High Court granted a stay on GST recovery dues, reducing the appeal deposit requirement from 20% to 10%. This decision came amid ongoing discussions regarding the…
The CESTAT allowed the refund of input service tax paid in connection with the export of cut and polished diamonds. The tribunal ruled in favor of the taxpayer, stating that the…
The CESTAT quashed a service tax demand on Goods Transport Agency GTA services, ruling that both the consignor and consignee fall under the exempt category. This decision came in…
In a case concerning the CENVAT credit claim, the CESTAT allowed the taxpayer to claim credit despite the Bill of Entry not being in their name. The tribunal held that since the…
The Rajasthan High Court sentenced a man to life imprisonment for murdering his first wife, overturning a 1992 acquittal. The court criticized the trial court for ignoring…
The Karnataka High Court quashed an FIR against five men accused of promoting enmity under Section 153A IPC for chanting ‘Bharat Mata Ki Jai’. The court observed that such…
A lawyer in the Madras High Court has accused Flipkart of engaging in anti-competitive practices by influencing prices for select sellers. The lawyer argued that Flipkart was…
The CESTAT quashed an excise duty demand against Indian Oil Corporation Limited IOCL related to the captive consumption of Low Sulphur Heavy Stock LSHS for electricity generation.…
The Income Tax Appellate Tribunal ITAT quashed a penalty imposed under Section 272A 1 d of the Income Tax Act, citing the COVID-19 pandemic as the reason for the taxpayer's…
The Madras High Court ruled that two-wheeler seats were misclassified under GST for six assessment years, leading to a liability of ₹124 crores. The court found that the taxpayer…
The Gauhati High Court ruled that the explanation inserted in Section 14A of the Income Tax Act by the Finance Act 2022 should apply prospectively, not retrospectively. Section…
The Kerala High Court is currently hearing a case regarding the acceptance of additional evidence in an appeal concerning Section 68 of the Income Tax Act. The section deals with…
Swiggy’s losses widened by 8% year-on-year to INR 611 crore in the first quarter of the financial year, even as its operating revenue grew by 35%. The increase in losses was…
The National Payments Corporation of India NPCI is working on building a UPI-like payments platform for Trinidad and Tobago. This initiative is part of NPCI’s strategy to expand…
Astrotalk, a leading astrology platform, reported a significant jump in its FY24 profit, which increased over threefold to INR 94 crore. The company's revenue also doubled during…
The CESTAT ruled that the limitation period for claiming a refund under Section 27 1B of the Customs Act begins from the date of re-assessment and not from the date the Bill of…
The Directorate General of Foreign Trade DGFT issued a notification allocating 5,841 metric tonnes of sugar export quota to the European Union EU under the Tariff Rate Quota TRQ…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT ruled that the value of spares and consumables used for power plant maintenance should be excluded from the service…
The CESTAT ruled that CENVAT credit is admissible on central excise invoices related to the purchase of copper bars and ingots used in manufacturing. The department had contested…
The government has amended the export duty on certain varieties of rice with immediate effect, reflecting changes in global market conditions and domestic supply needs. This move…
Madras High Court Sets Aside GST Order Against Deceased Person, Grants Heir Fresh Hearing Conditionally The Madras High Court set aside a GST order issued against a deceased…
SpiceJet Clears Salary Arrears and GST Dues of ₹145 Cr After Raising ₹3000 Cr SpiceJet cleared its salary arrears and GST dues amounting to ₹145 crores after successfully raising…
Statutory Bodies Not Liable to Pay Service Tax on Amounts Received in Compliance with Government Directives: CESTAT CESTAT ruled that statutory bodies are not liable to pay…
The CESTAT allowed a partial refund of ₹7.83 lakh CENVAT credit, despite a discrepancy in the registered address appearing in the invoices. The tribunal found that the mismatch…
The 2024 GST Amnesty Scheme, effective from November 1, 2024, introduces Section 128A, which provides relief by waiving interest and penalties for late tax payments. This scheme…
The CESTAT quashed a service tax demand on the transportation of food grains, confirming that such services are exempt under the agricultural exemption notification of 2010. The…
The Finance Ministry notified the effective dates for various provisions of the Finance No. 2 Act, 2024. Key changes include amendments to income tax, customs, and GST provisions,…
The CESTAT ruled that there is no legal obligation to declare the maximum retail price MRP in the bill of entry, provided the goods are properly labeled as per the Legal Metrology…
The Madras High Court quashed a VAT reassessment order that denied Input Tax Credit ITC on zero-rated sales and remitted the case for reconsideration. The court found the…
CESTAT ruled that input services used for setting up a new unit within an existing facility are eligible for CENVAT credit. This decision goes against the revenue department’s…
The CESTAT allowed a refund for input services tax paid on exported goods, citing Section 142 4 of the CGST Act and related circulars. The tribunal ruled in favor of the exporter,…
The Patna High Court granted anticipatory bail to an individual accused of causing a GST loss of ₹51,936, citing that the entire amount had already been deposited in cash. The…
The Madras High Court set aside a GST order passed due to the assessee’s failure to respond to a show cause notice SCN . The assessee argued that after the cancellation of their…
The Allahabad High Court clarified that third-party impleadment in divorce proceedings under Section 13B of the Hindu Marriage Act is not permissible. The court was dealing with a…
The Karnataka High Court stayed proceedings against TV news anchor Rahul Shivshankar in a case related to alleged hate speech. The case was based on a broadcast that critics…
The Karnataka High Court ruled that the Dispute Resolution Panel DRP should have delayed issuing its final assessment order until the rectification application filed by the…
A laborer in Maharashtra earning Rs. 10,000 per month received an income tax notice for Rs. 2 crore, leaving him shocked. The notice likely resulted from discrepancies or errors…
The Ministry of Corporate Affairs MCA introduced several new measures to address technical issues with the MCA21 portal. These measures aim to guide businesses and stakeholders…
A Group of Ministers GoM meeting in Goa concluded with the decision that there would be no further GST exemptions for long-term land leases. This decision impacts businesses that…
Candytoy, a company specializing in confectionery toys, has entered a partnership with Reliance Retail to expand its product distribution. This collaboration will enable Candytoy…
The market capitalization of eight of India's top 10 most valued companies increased by ₹1.21 lakh crore, led by Reliance Industries and HDFC Bank. Reliance Industries saw the…
The CESTAT ruled that sugar cess can be paid utilizing CENVAT credit on inputs, capital goods, and input services. This decision provides much-needed clarity for sugar…
The Supreme Court expunged controversial remarks made by the Allahabad High Court regarding religious conversions. The remarks had sparked widespread debate on the judiciary’s…
The Delhi High Court ruled that consensual relationships between teenagers should not be criminalized under the Protection of Children from Sexual Offences POCSO Act. The court…
The GST Network GSTN has issued an advisory requiring digital signatures or electronic verification codes EVC on all notices and orders issued by GST authorities. This advisory…
Swiggy is preparing for its Initial Public Offering IPO , aiming to capitalize on its strong market position and growth potential. The IPO is expected to attract significant…
The Delhi High Court ruled that consensual relationships between teenagers should not be criminalized under the Protection of Children from Sexual Offences POCSO Act. The court…
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