HC set aside the order passed by Gujarat High Court and held that power to arrest a person by an empowered authority under GST Act may be termed as statutory in character and ordinarily high courts should not interfere with exercise of such power under writ jurisdiction.
Detailed insights into Section 89 of the Income Tax Act 1961, which offers tax relief on arrears or advance salary, pension, or compensation. Learn about eligibility, conditions, and more.
Gujarat HC allows a second GST refund application for the same period in the case of Shree Renuka Sugars Ltd. Learn about the ruling’s implications, including situations for reapplication and key insights from the case. Understand the importance of meeting all conditions for a successful refund application. Stay informed with the latest updates.
Environmental, Social, and Governance (ESG) practice have become increasingly important over the past few years as investors and consumers have become more aware of the impact that business activities have on the environment, society, and governance practises.
Marking the 164th Income Tax Day, Finance Minister Nirmala Sitharaman praises CBDT’s efforts in tax administration reforms and ease of compliance.
The growth of preferential trade agreements and temporary trade obstacles like antidumping, safeguards, and countervailing duties are two of the most significant changes in trade policy since the 1980s.
H&M sues -fashion rival SHEIN over copyright infringement claims. Discover the details of this unprecedented legal battle in fashion industry
Guide to procedure for share buy-back in a Non-Banking Financial Company (NBFC), including application format for RBI approval. Know more.
Analysis of the landmark judgment in Sales Tax Officer v. Rainbow Papers Ltd. by the Supreme Court. Controversy arises as statutory debts are deemed secured debts, raising debates on Code’s objectives and legislative intent.
High Court of Andhra Pradesh confirms the constitutional validity of Section 16(4) of the APGST and CGST Act, 2017, regarding Input Tax Credit. Learn about the court’s rulings on key questions.
