Supreme Court orders 6% interest on JVAT Act refund in State of Jharkhand vs Kirloskar Brothers case. Full text of the judgment and implications discussed.
CESTAT Kolkata rules on Customs Broker’s compliance with CBLR. Sinha Shipping Agency wins against Customs Commissioner. Full text analysis of the order provided.
Madras High Court quashes non-speaking order of NFAC in appeal against Section 115BE addition. Full text analysis of judgment and implications.
CESTAT Allahabad remands matter on customs action due to department’s failure to dispatch order to assessee, challenging the bar of limitation under Section 128.
In-depth analysis of ITAT Kolkata order on Income Tax Department’s misuse of Section 68 powers. Dismissal of appeal for unexplained cash credit of Rs.3 Cr.
Delhi High Court ruling on Income Tax: Department’s U-turn on 80IA deduction in the 4th year deemed unjustified. Case analysis of PCIT vs. BT Global Communications India Pvt. Ltd.
Delhi High Court rules against revenue authorities’ illegal action in dispossessing assets without seizure during search proceedings. Details of the judgment explained.
Explore the concept of ‘sufficient income’ in financial planning. Learn how to determine your income adequacy by comparing with national, state, city averages, and peers.
As we step into 2024, learn the art of setting effective financial resolutions, focusing on investments. Start the new year with a solid plan for financial success.
In the case of Kavin HP GAS Gramin Vitrak, the court directed GST authorities to allow manual return filings for claiming ITC against outward supplies without immediate tax payments.
