Ministry of Finance increased Special Additional Excise Duty (SAED) on crude oil production to Rs. 4600 per tonne, effective March 1, 2024. This aims to generate additional revenue for the government. (Notification No. 08/2024-Central Excise)
Learn about the Ministry’s mandate for Aadhaar integration to streamline the delivery of scholarships for students with disabilities, ensuring efficient and transparent processes.
Read about the Allahabad High Court’s decision to quash an order passed without granting the petitioner an opportunity to be heard in an income tax revision application under Section 264 of the Income Tax Act.
Read about the Allahabad High Court’s judgment in Patil Biotech Pvt. Ltd. Vs State of U.P. regarding penalty imposition for non-filing of Part-B of the E-Way Bill without intent to evade tax.
Discover the revised tariff values for palm oil, soybean oil, gold, and silver under India’s latest 2024 customs notification.
Discover how WURKNET Pvt Ltd faced penalties under Sections 101 and 118 of the Companies Act for procedural violations. Understand the implications and legal repercussions in detail.
Delhi High Court rules in favor of EM Power Engineering, reinstating GST registration that was cancelled without proper reasoning.
Delhi High Court rules in favor of Shubh Ball Bearings Company, stating GST registration cannot be cancelled retrospectively without specific reasons.
Kerala High Court allows income tax reassessment based on a revenue audit objection highlighting non-compliance with the Act. This applies to assessments after 01.04.2022, even if the taxpayer previously filed returns and the assessment was completed.
Learn about the Madras High Courts ruling on condoning delay in filing GST appeals due to medical reasons. Explore the case details and implications.
