The Indian Finance Ministry has directed state-owned insurance companies to focus on profitable businesses to improve their financial health. The ministry's directive comes in…
10/08/20241 min read
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The Indian Finance Ministry has directed state-owned insurance companies to focus on profitable businesses to improve their financial health. The ministry's directive comes in…
The District Planning Committee in Kochi has approved several amendments to the annual plan, focusing on local development projects. These amendments include adjustments to budget…
A new finance help desk has been established in Mangaluru to support aspiring businesswomen. The initiative aims to provide women entrepreneurs with access to financial advice,…
India's Finance Minister has urged banks to focus on innovation and prioritize small deposits to address the growing gap between credit growth and deposit mobilization. The…
The ongoing budget session in the Indian Parliament has seen significant debates and discussions in both the Lok Sabha and Rajya Sabha. Key issues being addressed include economic…
The Income Tax Appellate Tribunal ITAT has remanded a case back to the Commissioner of Income Tax Appeals CIT A due to the latter's failure to verify the correct date of filing…
The Reserve Bank of India RBI has increased the limit for Unified Payments Interface UPI tax payments to Rs. 5 lakh. This enhancement is expected to benefit taxpayers by allowing…
In a case where the assessee failed to provide sufficient evidence to discharge the onus under Section 68 of the Income Tax Act, the Income Tax Appellate Tribunal ITAT has…
The Rajya Sabha has returned the Jammu and Kashmir Appropriation and Finance Bills following a debate on the Union Territory's budget. These bills are crucial for allocating funds…
The GST Network GSTN has launched a new feature allowing taxpayers to easily add or amend their bank account details on the GST portal. This update simplifies the process for…
The Income Tax Department has introduced an updated utility and schema for Form 3CEB, which pertains to international transactions and specified domestic transactions under…
The article highlights Finance Minister Nirmala Sitharaman's remarks on the significant reduction in Income Tax Return ITR processing time over the past decade. This shift…
The Delhi High Court ruled that a candidate cannot be disqualified from Delhi Police recruitment due to a tattoo that has been removed, even if it left a scar. The decision…
The Delhi High Court held that even women can be accused of penetrative sexual assault under the POCSO Act, expanding the scope of the law's applicability. This ruling underscores…
The Authority for Advance Rulings AAR ruled that chaat items like Pani Puri, Bhel Puri, and Masala Puri, when cooked and sold at a separate counter, attract a 5% GST as they…
The Income Tax Appellate Tribunal ITAT ruled that consultancy services do not qualify as Fees for Included Services FIS under Article 12 of the India-US Double Taxation Avoidance…
The Rajasthan High Court directed a CBI probe into allegations against the Narcotics Control Bureau NCB and local police in a drug-related case. The court's order reflects its…
The Calcutta High Court declared a Show Cause Notice SCN invalid as it lacked essential details like date, time, and venue. The court allowed the writ petition challenging the…
The Calcutta High Court ruled that a prohibitory order issued under Section 67 7 of the GST Act cannot be allowed to continue indefinitely. The court emphasized the need for…
The Calcutta High Court ordered a rehearing of income tax appeals after discovering that the dismissal of the case was due to the submission of appeal documents with an incorrect…
The Income Tax Appellate Tribunal ITAT remanded a case back to the Commissioner of Income Tax Appeals CIT A due to the non-appearance of the assessee, which occurred because the…
The Delhi High Court upheld the bail granted to an individual accused of filing fraudulent GST input credit claims for non-existent firms. The court acknowledged the seriousness…
The Delhi High Court ruled that the timelines under Regulation 35A for filing avoidance applications under the Insolvency and Bankruptcy Code IBC are directory, not mandatory.…
The National Company Law Tribunal NCLT initiated insolvency proceedings against Coffee Day Enterprises Ltd., the parent company of Café Coffee Day CCD , following a petition by…
The Bombay High Court granted bail to a rape accused, criticizing the state for its casual approach to trials. The court expressed concern over the prolonged pre-trial detention…
The Delhi High Court issued a John Doe order in a trademark infringement case filed by Shardul Amarchand Mangaldas & Co., protecting their client's brand rights. A John Doe order…
The Punjab and Haryana High Court refused relief to a police officer accused of raping his live-in partner, rejecting his plea for quashing the FIR. The court upheld the…
The Jharkhand High Court has directed the state government to deploy its Special Branch for identifying illegal immigrants, specifically those allegedly coming from Bangladesh.…
The Supreme Court of India has mandated an advocate to apologize to a High Court for refusing to argue a matter, stating that no lawyer can refuse to argue when a case is called…
The Punjab and Haryana High Court lifted the bar on granting parole to Gurmeet Ram Rahim, the jailed Dera Sacha Sauda chief. The decision to allow parole, despite opposition,…
The Maharashtra government has reduced the maximum court fees payable by widows for obtaining probate of a will or letters of administration from ₹75,000 to ₹10,000. This move is…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that service tax is not applicable on the laying of water supply pipelines, as it constitutes a government…
The Income Tax Appellate Tribunal ITAT upheld the cancellation of an exemption notification granted to a trust involved in environmental initiatives, citing the legal validity of…
The ITAT has upheld the orders of the Assessing Officer AO and CIT A , stating that taxpayers must prove their eligibility to avail the presumptive taxation scheme under Section…
The ITAT ruled that advance tax payment is not required during reassessment proceedings, overturning the CIT A order. The tribunal clarified that advance tax obligations pertain…
An Authority for Advance Rulings AAR clarified that work completed under the Jal Jeevan Mission before 2022 is exempt from GST. This exemption applies to projects aimed at…
The National Consumer Disputes Redressal Commission NCDRC awarded Rs. 65 lakh compensation to a patient's family against Fortis Hospital and a doctor for medical negligence. The…
The Authority for Advance Rulings AAR determined that items like Vada Pav, Lassi, and Chaat sold at counters located in commercial establishments where accommodation costs exceed…
The Kerala High Court raised concerns about the misuse of the POCSO Act, questioning who compensates the falsely accused. The court's remarks highlight the need for balanced legal…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT upheld penalties imposed for non-compliance with the Customs Brokers Licensing Regulations CBLR and involvement in…
The Calcutta High Court ruled that the GST Appellate Authority has the discretion to hear an appeal even if the delay in filing exceeds one month from the prescribed period under…
The Income Tax Appellate Tribunal ITAT restored an assessment order after the National Faceless Assessment Centre NFAC failed to properly examine the nature of unsecured loan…
The Authority for Advance Rulings AAR ruled that hostel facilities provided to existing students during vacation periods are eligible for GST exemption. This decision clarifies…
The Calcutta High Court directed a GST registrant to file an application under the Limitation Act to address the delay in filing an appeal, noting that the pre-deposit required…
The Calcutta High Court provided a taxpayer with one last chance to comply with Section 28 1 of the West Bengal GST WBGST Act, which governs changes in the place of business. The…
The Calcutta High Court restored a GST appeal after the assessee provided a sufficient explanation for previous non-compliance. The court found the reasons for the delay in filing…
The Calcutta High Court condoned a 66-day delay in filing a GST appeal by a small businessman, attributing the delay to the appellant's lack of proper knowledge of the GST portal.…
The Income Tax Appellate Tribunal ITAT deleted a penalty imposed under Section 271 1 c after a taxpayer corrected an excess salary income declaration by filing a revised return.…
The Central Bureau of Investigation CBI arrested an Enforcement Directorate ED official for accepting a Rs. 20 lakh bribe from a businessman. The official had allegedly threatened…
The Calcutta High Court ruled that a notice issued by the Directorate of Revenue Intelligence DRI during the pendency of credit blocking proceedings has no immediate impact,…
The Indian Finance Ministry has directed state-owned insurance companies to focus on profitable businesses to improve their financial health. The ministry's directive comes in…
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