The Calcutta High Court bench of Justice Md. Nizamuddin has ruled that the reassessment order passed without issuance of notice under Section 148 of the Income Tax Act is not valid. …
The Orissa High Court has dismissed a challenge against an order of the Income Tax Appellate Tribunal, Cuttack (ITAT) which disallowed commission expenses as claimed by the appellant. It held that …
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has detected a case wherein total ITC of more than Rs 160 crore has been utilized and …
The Supreme Court observed that the proceedings under the SARFAESI Act cannot be continued once the CIRP is initiated and the moratorium is ordered. The bench comprising Justices L. …
The CBIC vide Circular No.08/2022-Customs dated May 17, 2022 has enabled the export of goods from Bangladesh to India by rail in closed containers. References have been received in …
In a significant verdict, the Supreme Court on Thursday held that the recommendations of the GST council are not binding on the Union and the State Governments. A bench …
The Allahabad High Court bench of Justice Saumitra Dayal Singh has stayed the GST demand on payment of royalty to conduct mining activity. The petitioner/assessee has assailed the appeal order. Since the Tribunal …
The Chennai Bench of ITAT has ruled that consideration paid for purchase of advertisement space does not amount to ‘royalty’ under the Income Tax Act, 1961. The Bench, consisting of members …
The Group of Ministers (GoM) has agreed to recommend hiking the GST rate on casino, race course and online gaming services to 28 per cent. In a meeting held on May 2, the GoM discussed …
The CBDT vide Circular No. 10 of 2022 dated May 17, 2022 has modified its earlier Circular No. 11/2021 dated June 21, 2021 w.r.t. amendment in use of functionality …
