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Archive: 14 May 2024

Posts in 14 May 2024

E-way Bill violation: No Penalty In absence of mens rea: Allahabad HC

May 14, 2024 1218 Views 0 comment Print

Learn about the Allahabad High Court’s ruling in Mid Town Associates Vs Additional Commissioner Grade-2 (Appeal) regarding penalty proceedings for non-production of E-way bill. Discover why mens rea is crucial in tax evasion cases.

Delhi HC Restores Appeal on CESTAT Board Despite 9-Day Pre-Deposit Delay

May 14, 2024 258 Views 0 comment Print

Delhi High Court restores an appeal on the CESTAT Board despite a 9-day pre-deposit delay. Full text of the judgment and its implications discussed.

No Section 68 addition merely for non-response from directors to notices

May 14, 2024 2970 Views 0 comment Print

Whether addition made by Assessing Officer under Section 68 was justified, particularly in light of non-response from directors to notices.

Arrest cannot be Routine on mere CGST Act Violation Allegations: Bombay HC

May 14, 2024 3534 Views 0 comment Print

Arrest Is A Serious Matter And Cannot Be Made Routine Manner On Mere Allegation of CGST Act violations: Bombay HC in Mahesh Gala vs Union of India & Ors in Criminal Writ Petition No. 938 of 2024

Tax leviable at 12 percent on Mango Pulp from beginning of GST

May 14, 2024 2088 Views 0 comment Print

Explore legal rulings and implications regarding GST rate for mango pulp, including recent judgment by Gujarat High Court and its impact on tax liability.

Credit card latest rules: You can now decide billing cycle of your card

May 14, 2024 1908 Views 0 comment Print

The ability for cardholders to determine their billing cycle signifies that credit cards are not merely tools for cashless transactions but also potent instruments for better financial management.

Real-Time Feedback Monitoring in Annual Information Statement introduced

May 14, 2024 3510 Views 0 comment Print

CBDT, has introduced a new feature in Annual Information Statement (AIS) accessible via compliance portal on Income Tax Department’s e-filing website.

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