CESTAT Kolkata held that bona fide belief that goods manufactured and cleared were not subject to excise duty needs to be established. Duty demand is sustainable in case the bona fide belief is not established.
Rochana Agarwal Vs ACIT (Allahabad High Court) The reason for issuing the notice under Section 148 of the Act is that during investigation, the Assessing Officer has gone through the income tax return and other related documents of the assessee and has found that the M/s KCGP Share Broking Service Pvt. Ltd. has been used […]
‘Adani group has acquired 29.18% stake in NDTV and are all set to acquire another 26%.’ How did this happen? Lets understand what unfolded between the Business Giant Adani group and NDTV through some pointers
Representation to CBDT on information sought from Tax Auditors under Clause 44 of Form 3CD and request to abolish this requirement
ई–इनवॉइसिंग के नए नियम The GST law & system is full of amendments and frequent changes is habitual under GST law. Many changes were announced in the month of July-2022 and immediately after that on 1st of Aug 2022, one more change was announced. जीएसटी कानून प्रणाली संशोधनों से भरी हुई है और जीएसटी कानून […]
Understanding Rule 25B – Physical address verification by ROC and its implications for Indian companies under the Companies Act, 2013.
White Cliffs Hair Studio Private Ltd Vs Additional Commissioner (Madras High Court) No Service Tax to be levied on fitment and preparation of scalp to make Wig The Hon’ble High Court of Madras in the matter of M/s White Cliffs Hair Studio Private Ltd v. Additional Commissioner, Office of the Principal Commissioner of CGST and […]
Understanding the new GST regulations on construction services provided to government and local authorities from July 18, 2022.
The Prevention of Money Laundering Act, 2002 (hereinafter referred as PMLA) is a legislation to clamp down the money laundering across the country by attachment of property involved in money laundering.
In re Zigma Global Environ Solutions Private Ltd (GST AAR Kerala) Question 1: Classification of the services i.e., ‘Bio-mining and scientific closure of legacy wastes at the dumpsite in Kureepuzha, Kollam’ to be provided by the Applicant to the Superintending Engineer, Kollam Municipal Corporation. Ruling: The above services are classifiable under SAC 9994 as per […]
