Explore how Extra Duty Deposit (EDD) refunds work in customs, including laws, unjust enrichment, and the role of SVB in provisional assessments.
ITAT Ahmedabad dismisses Haresh Acids and Chemicals Pvt Ltd’s appeal, rejecting deduction under Section 35(1)(ii) for bogus donation bills, emphasizing legal compliance.
Explore the case of Tvl. Shanthi Vijay Granites v. Assistant Commissioner (ST), where Madras High Court nullifies the Assessment Order, citing inadequate opportunity for representation.
In a landmark decision, Madras High Court permits the Assessee to withdraw pre-deposit from a frozen bank account for filing an appeal. Get insights into the case and its implications
Explore the Gujarat AARs decision on Input Tax Credit eligibility for rooftop solar systems used in business. Learn the implications and analysis of In Re: M/s. Unique Welding Products Pvt. Ltd
Explore the Allahabad High Courts decision on tax penalties for technical errors without intent to evade tax. Understand the implications and key takeaways from the Rawal Wasia Yarn Dying case.
Explore Section 194-O of the Income Tax Act, focusing on Tax Deducted at Source (TDS) requirements for e-commerce operators. Understand key provisions, thresholds, rates, and compliance obligations.
ITAT Delhi dismisses Revenue’s appeal, confirming that share premium from a holding company’s equity shares does not fall under Section 56(2)(viib) of the Income Tax Act.
Explore the latest budgetary provisions for Input Service Distribution (ISD) under GST, aimed at ensuring equitable revenue distribution among states. An insightful analysis sheds light on practical implications and action points.
SEBI cautions against fraudulent entities falsely claiming registration, promising high returns. Verify before investing and stay informed for a safer investment journey.