Sorted by Latest
The shares shed some gains after touching INR 611.5 mark and ended Wednesday’s session 9.3% lower at INR 599.8 on the BSE.\r \r Awfis shares have been witnessing a strong uptrend…
The labour ministry said that Paytm also agreed to not claw back the joining bonus of the ex-employee.\r \r This comes a day after the regional labour commissioner office of…
The Allahabad High Court denied bail to a man accused of beheading a woman who refused to convert to marry him. The court upheld that such a heinous crime warranted stringent…
The article discusses the minimum fee recommended by ICAI for various professional services such as filing ITR and other CA services. ICAI suggests a minimum fee structure to…
The Gujarat High Court has upheld that an Assessing Officer AO can only reassess based on substantial evidence, dismissing an Income Tax Department appeal. The court emphasized…
The Central Board of Indirect Taxes and Customs CBIC has reassigned the role of the proper officer for registration and composition levy provisions under the GST regime. The move…
The article discusses the recent notification by CBIC regarding the introduction of Form GSTR-1A in the CGST Amendment Rules 2024. This form is crucial for taxpayers as it…
A tax consultant was arrested under Section 69 of the GST Act by the Belagavi Commissionerate for issuing invoices with fake Input Tax Credit ITC and embezzling tax funds from…
The Supreme Court held that a writ court can set aside an illegal auction sale by a public authority under Article 226 without being bound by Order 21 Rule 90 of the CPC. The…
In a recent ruling, the Supreme Court of India clarified that a single stab wound leading to death can constitute murder under Section 300 of the Indian Penal Code if it meets…
In a recent ruling, the Supreme Court clarified that a divorced Muslim woman can seek maintenance from her husband under Section 125 of the CrPC. The court emphasized that…
The Kerala High Court has ruled that the time limit for furnishing GST returns for September, effective from July 1, 2017, is extended to November 30. This decision clarifies the…
The Gujarat High Court quashed an Income Tax reassessment notice against a stock market trader due to lack of fresh evidence supporting income escapement. The court ruled that the…
The Kerala High Court nullified an Income Tax order due to procedural irregularities where the assessing officer did not provide the taxpayer with a proper hearing. The court…
In a recent ruling, CESTAT held that Nimbooz Masala Soda attracts a 6.18% excise duty rate, not the 12.6% rate applied by the Revenue, benefiting PepsiCo's franchisee. The…
In a recent case, the CESTAT set aside a recovery order where CENVAT credit, mistakenly availed instead of a refund, was utilized to pay excise duty. The appellant argued that the…
In a recent decision, the Calcutta High Court ruled that an arbitrator's unilateral appointment can render them ineligible due to bias, under Section 12 3 of the Arbitration and…
The Himachal Pradesh High Court criticized an arbitrator for failing to complete arbitral proceedings within the stipulated time, citing a "callous attitude." The court emphasized…
In a recent decision, the CESTAT granted relief to PwC, allowing CENVAT credit for service tax paid under Section 66A of the Finance Act. The case involved a dispute over the…
The Gujarat High Court has ruled that industrial-grade and edible supari betel nuts are the same product, classifiable under Chapter 8 of the Customs Tariff Act as "edible fruits…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT upheld the dropping of a Rs. 9 crore service tax demand due to vagueness in the Show Cause Notice SCN . The SCN…
The Central Board of Indirect Taxes and Customs CBIC has raised the threshold limit for mandatory GST annual return filing in GSTR-9 to ₹2 crore annual aggregate turnover AATO for…
In a recent case, CESTAT quashed penalties under Section 112 b ii of the Customs Act against a gold smuggler due to lack of evidence. The appellant argued insufficient evidence…
The article discusses a recent CESTAT decision allowing cash refund of CENVAT credit on the amount of Countervailing Duty CVD and Special Additional Duty SAD paid after July 1,…
CPPIB sold the shares at INR 174.04 apiece, translating to a total deal size of over INR 256 Cr.\r \r The shares sold by Nykaa were lapped up by ICICI Prudential Mutual Fund…
The Delhi High Court dismissed an Income Tax Department appeal due to lack of evidence proving receipt of commission from foreign entities by the taxpayer. The court emphasized…
The Ministry of Corporate Affairs MCA has extended the deadline for filing Web-form PAS-7 until August 5, 2024, without additional fees. This form, mandated by the Companies…
The Allahabad High Court ruled that availability of a refund from assessment does not exempt tax liability under the UP Trade Tax Act. The court emphasized that refundable amounts…
The Supreme Court has ruled that anticipatory bail cannot be granted under Section 69 of the GST Act, providing interim protection from arrest in a case involving alleged evasion.…
In a recent decision, the Madras High Court criticized the Income Tax Department for allowing only 48 hours to respond to a show-cause notice regarding a Rs. 79 lakh addition. The…
The CBIC has issued Circular No. 223/17/2024-GST, amending the designation of "Proper Officers" for GST Registration and Composition Levy. Effective July 10, 2024, functions…
In a historic move, the Finance Ministry approved a name and gender change for senior IRS officer Ms. M Anusuya, now recognized as Mr. M Anukathir Surya. This is the first such…
With the Budget 2024 announcement approaching, top defence stocks like Bharat Electronics BEL , Hindustan Aeronautics HAL , Mazagon Dock Shipbuilders, and Bharat Dynamics BDL have…
The Income Tax Appellate Tribunal ITAT ruled that reassessment after the expiry of 4 years due to non-filing of GST by the supplier is invalid. The case highlights the importance…
With the Budget 2024 announcement approaching, top defence stocks like Bharat Electronics BEL , Hindustan Aeronautics HAL , Mazagon Dock Shipbuilders, and Bharat Dynamics BDL have…
Chief Justice of Jammu & Kashmir High Court, Pankaj Mithal, administered the oath of office to Justice Rajesh Sekhri as a judge. Justice Sekhri's appointment fills a judicial…
The Supreme Court emphasized the importance of advocates' attire, asserting that proper attire is essential for courtroom decorum. This directive followed a case where a lawyer…
The Supreme Court of India has emphasized that married men should financially empower their wives, particularly those without independent income sources. Highlighting the…
The Supreme Court held that a writ court can set aside an illegal auction sale by a public authority under Article 226 without being bound by Order 21 Rule 90 of the CPC. The…
The Supreme Court ruled that Muslim women who are illegally divorced through triple talaq can seek maintenance under Section 125 of the CrPC. This right is additional to the…
The Supreme Court dismissed Bajaj Auto's plea to raise the cap on auto-rickshaws in Delhi. Justices Abhay Oka and Augustine George Masih highlighted that the cap aims to protect…
The Supreme Court of India has directed transporters and tour operators with All India Tourist Permits to approach High Courts regarding the levying of Border Tax by various…
In a recent ruling, the Supreme Court of India clarified that a single stab wound leading to death can constitute murder under Section 300 of the Indian Penal Code if it meets…
In a recent ruling, the Supreme Court clarified that a divorced Muslim woman can seek maintenance from her husband under Section 125 of the CrPC. The court emphasized that…
The Delhi High Court will hear the Enforcement Directorate's challenge against a lower court order granting bail to Arvind Kejriwal on July 15. Kejriwal, a former member of the…
The Supreme Court held that West Bengal's suit challenging the CBI's investigation into certain cases is not maintainable, as only individuals directly affected by an…
The Chandigarh District Commission ruled in favor of a consumer who ordered products from Nykaa but did not receive them. Nykaa claimed the products were delivered, but the…
The Allahabad High Court ruled on the tax deposit requirement in assessment proceedings under the UP Trade Tax Act, stating that a deposit before filing an appeal is mandatory,…
In the case discussed, the CESTAT ruled that an assessee cannot claim a cash refund of CENVAT credit on Countervailing Duty CVD and Special Additional Duty SAD . The tribunal…
In a recent decision, the Kerala High Court ruled that assessment based on best judgment due to non-filing of returns is detrimental to the assessee. The court emphasized that the…
The shares shed some gains after touching INR 611.5 mark and ended Wednesday’s session 9.3% lower at INR 599.8 on the BSE.\r \r Awfis shares have been witnessing a strong uptrend…
Showing 50 of 42930 updates