Understand the implications of unexplained expenditure as Hyfun Foods challenges an addition of Rs. 95,47,000/- under section 69 of the Income Tax Act. Detailed analysis and verdict included.
Delhi High Court mandates re-adjudication of flawed GST assessment order due to failure to consider detailed reply of assessee. Read the full judgment here.
Delhi High Court sets aside demand order under Section 73 of CGST Act, citing absence of prior show cause notice. Detailed analysis of the judgment provided.
Discover how Madras High Court provides a chance for Tvl. Shriniwas Impex to contest penalty despite lacking E-way bills or lorry receipts. Full text judgment included.
Understand Section 115BAC of the Income Tax Act, 1961, and its implications for taxpayers. Explore the new tax regime, its provisions, exemptions, and deductions, helping you make informed decisions for your financial planning.
Learn from the Telangana High Courts judgment in Rays Power Infra Pvt. Ltd. v. Superintendent of Central Tax that paying tax liability with interest before receiving a show cause notice prevents further penalties
Delve into the realm of corporate guarantees in the GST domain. Learn about their nature, GST applicability, and implications for Indian and foreign entities.
Read about the penalty imposed by MCA under Companies Act, 2013 for not passing a resolution before raising a loan. Detailed analysis of the case included.
Discover the latest DGFT notification imposing port restrictions on exporting essential commodities to the Republic of Maldives for 2024-25. Learn more.
Learn about Indias onion export expansion to Sri Lanka & UAE under HS code 0703 10 19, its implications, and market insights.