The case of BMW India Pvt. Ltd. vs. Union of India (UOI) and others, as heard in the Punjab and Haryana High Court, revolves around the imposition of Integrated Goods and Services Tax (IGST) on amounts reimbursed to overseas entities for services rendered.
Read about Kerala High Court’s decision in Vazhakkulam Block Rural Co-Operative Society Ltd Vs ITO, setting aside Section 148 A(b) Order and Notice due to denial of a personal hearing.
Delhi HC ruling on PCIT vs. Clix Finance: Examining tax implications of loan sale, addressing disallowance under Section 14A.
Explore the Kerala High Court’s disposal of Menacherry Lonappan Jayan’s writ petition citing an extended period for filing GST appeals. Details on Notification No. 53/2023 and the alternative remedy provided.
If amount already been considered in subsequent assessment years and assessment order has been passed, the question of escapement of income for same amount in previous year will not arise.
Explore the legal battle between Premier Trading Company and Commissioner of Customs (CESTAT Kolkata) over rejected unit value, customs valuation rules, and market inquiry.
SEBI’s interpretation clarifies that concentration limit of 25% in an Investee Company applies at the level of individual Target Companies acquired by ARC Trust.
Bombay High Court admits Playerzpot’s petition challenging GST demand, issues notice. Detailed analysis of Rule 31A and CGST Act. Get insights into the legal battle.
Bombay HC directs CESTAT examination in Sarla Perf. Fibers vs. Union of India. Legal analysis of anti-dumping duty notifications. Petitioner challenges legality.
Explore the details of the Ministry of Commerce and Industry’s new order on Cycle and Rickshaw Tyres Quality Control in India. Learn about BIS standards, enforcement, and penalties