In a recent case, ITAT ruled that a donation paid by cheque can't be disallowed merely for being in cash. The assessee claimed the donation, supported by the recipient's…
09/07/20241 min read
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In a recent case, ITAT ruled that a donation paid by cheque can't be disallowed merely for being in cash. The assessee claimed the donation, supported by the recipient's…
The Bombay High Court directed VI Services Ltd. to furnish a corporate guarantee of its ultimate parent company, Vodafone Group Plc, after the Income Tax Department demanded Rs…
In a recent case, CESTAT ruled on CENVAT credit eligibility for input services used in commercial, industrial, and construction activities. The tribunal emphasized that services…
The article discusses the Government of Jammu and Kashmir's initiative to enforce strict adherence to arbitration time limits to prevent financial losses. It emphasizes the…
The Supreme Court has emphasized the need for concise pleadings and brief submissions in arbitration appeals to streamline proceedings and reduce unnecessary delays. Advocates are…
The ITAT held that a mere suspicion cannot justify the issuance of a notice under Section 148 of the Income Tax Act. It emphasized that there must be tangible material for…
The article discusses whether CSR Corporate Social Responsibility expenses can be claimed for deduction under Section 80G of the Income Tax Act. CSR expenditures primarily aimed…
The article discusses whether advocates need to register under GST for reverse charge mechanism RCM . According to GST laws, advocates providing taxable services are liable to pay…
The Assam government has designated certain GST officials to perform functions under Section 78 of the GST Act, empowering them to carry out various roles related to the…
The Allahabad High Court set aside a GST demand order due to denial of opportunity for an oral hearing under Section 74 5 4 of the GST Act. The court emphasized the importance of…
In a recent case, the ITAT ruled in favor of a taxpayer who had disclosed all LTCG details under Section 10 38 of the Income Tax Act, 1961, rendering the reopening of assessment…
The Supreme Court has taken up Newsclick's petition challenging an income tax demand and issued notice to the Income Tax Department. Newsclick, a digital news platform, argues…
The Madras High Court has set aside a GST demand on rent-free canteen facilities, remanding the issue for reconsideration. The court emphasized that the GST liability on such…
The Madras High Court granted relief to Ramco Cements, allowing it to contest GST orders on various issues, including the taxability of second-hand vehicle sales. The court…
In a recent decision, the ITAT allowed income tax deduction under section 35 1 ii despite allegations of a bogus donation. The case lacked material evidence to substantiate the…
The article from TaxScan reports that the NCLT has barred a Bengaluru-based Chartered Accountant from being appointed as a statutory auditor due to collusion with a company's…
The ITAT allowed DLF Resort to claim expenses on liquor, buffet dinner, and government taxes as business promotion expenses under Section 37 1 of the Income Tax Act. It ruled that…
The Income Tax Appellate Tribunal ITAT ruled that issuing a notice in the name of a non-existent entity is a non-curable defect under Section 292B of the Income Tax Act. This…
The Income Tax Appellate Tribunal ITAT ruled that charging capital gains tax twice on the same land from the execution of a sale deed is impermissible. ITAT quashed a reassessment…
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT overturned a previous order that classified imported aerosol valve components under an…
The article discusses how the Directorate General of GST Intelligence DGGI will refrain from issuing demand notices related to GST interpretation or classification matters without…
The Income Tax Appellate Tribunal ITAT has ruled in favor of a taxpayer, deleting income tax additions related to cash deposits during the demonetization period. The ITAT found…
The Telangana High Court ruled that income tax deduction isn't available on expenses for overseeing a project of a holding company. The court held that such expenses don't…
The Travel Agents Association of India TAAI has requested industry status for travel agents and proposed GST rate rationalization for the tourism sector. They argue that granting…
The Central Board of Direct Taxes CBDT has issued new guidelines for issuing notices under Section 148 of the Income Tax Act, 1961, effective from June 26, 2024. These guidelines…
In a recent decision, the ITAT ruled in favor of the taxpayer, deleting an addition of ₹3 crore. The case involved establishing the identity of parties and genuineness of a land…
The GST Network GSTN has extended its digital payment options to West Bengal and 16 other states, enabling GST payments via UPI, credit cards, and debit cards. The states now…
The Delhi High Court has ruled that income from services provided by the International Management Group IMG to the Board of Control for Cricket in India BCCI outside India is not…
The Income-tax Act mandates advance tax payments if liability exceeds Rs. 10,000. However, gig workers and freelancers face challenges due to unpredictable income and stringent…
The Karnataka High Court ordered the refund of an amount encashed by authorities due to the non-constitution of the GST Appellate Tribunal GSTAT . The petitioner challenged the…
The CESTAT allowed Cenvat credit on input services used for commercial, industrial, and construction activities, reversing the Revenue's denial. The Tribunal emphasized that…
The CESTAT ruled that taxpayers are eligible for CENVAT credit refund on inputs or input services used in exporting goods or services, emphasizing compliance with conditions under…
Oman is contemplating implementing a personal income tax, potentially becoming the first GCC country to do so. This proposal aims to diversify revenue sources amid declining oil…
The Punjab and Haryana High Court ruled that probation can be granted to first-time offenders of minor offences like simple hurt to promote reformative justice. The court…
In a Mumbai court, bail was granted to Shiv Sena leader Rajesh Shah, accused in a BMW hit-and-run case. The court considered Shah's health condition and the absence of prior…
In a recent decision, the Gujarat High Court ruled that educational institutions cannot demand corpus donations as a condition for student admissions. The court emphasized that…
The Kerala High Court has closed a contempt of court case against the Guruvayoor Devaswom Managing Committee after receiving a written apology. The case stemmed from alleged…
The Supreme Court expressed concerns about mandating menstrual leave, fearing potential discrimination against women in employment. It directed the Centre to assess the…
Justice Sarangi of Jharkhand High Court, who took oath as Chief Justice in 2023, is set to retire soon. Justice Sarangi's tenure has been notable for judicial reforms and…
The Supreme Court has initiated a suo motu case concerning motor accident compensation funds held in deposits, yet to be disbursed to claimants. These funds, amounting to crores,…
The Supreme Court suspended the sentence of a life convict, citing exceptional circumstances due to the convict's old age and the lengthy delay in deciding their mercy petition.…
The Madras High Court declined to overturn the conviction of former minister Aranganayan in a disproportionate assets case. The court found substantial evidence proving his…
The Delhi High Court declined to permit passive euthanasia for a patient in a vegetative state, citing lack of statutory framework despite medical consensus. The court emphasized…
The Delhi High Court has ordered the blocking of the Briar messaging app in India due to concerns over its potential use in terrorist activities that could threaten national…
In a recent ruling, the Supreme Court emphasized that courts are not always required to impose bail conditions necessitating foreign accused persons to obtain embassy assurances…
The Tamil Nadu government has established a one-man commission to review amendments to criminal laws, aiming to enhance the state's legal framework. This move reflects efforts to…
The Supreme Court has issued guidelines to visual media on the portrayal of persons with disabilities, emphasizing respectful representation. Media must avoid caricaturing or…
The Supreme Court has formed a committee led by former Chief Justice U.U. Lalit to propose candidates for the appointment of Vice-Chancellors in West Bengal universities, amidst…
The Supreme Court ruled that imposing bail conditions enabling constant police tracking of accused movements is impermissible, violating privacy rights. The decision emphasized…
In a case before the Central Kolkata District Commission, National Insurance Co. repudiated a claim due to delayed reporting of the incident. The complainant's vehicle was insured…
In a recent case, ITAT ruled that a donation paid by cheque can't be disallowed merely for being in cash. The assessee claimed the donation, supported by the recipient's…
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