Kerala High Court invalidates GST proceedings due to incorrect show cause notice form. The entire process deemed without jurisdiction. Read the full judgment here.
Calcutta High Court validates the application of an 8% net profit rate on gross receipts under contracts unless illegality is proven, upholding ITATs order.
जीएसटी एक्ट की नियमावली में दिनांक 10 जुलाई 2024 से नई जीएसटी रिटर्न 1ए के संबंध में विभिन्न नियमों में जो परिवर्तन किए गए हैं। उन्हें संशोधन से पूर्व और संशोधन के बाद की स्थिति बिंदुवार स्पष्ट की गई है ।
Explore the Calcutta High Court’s decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability of foreign insolvency judgments from non-reciprocating countries in Indian courts.
Merely because certain cash was deposited in the specified bank notes by the assessee during the demonetization period will not make the assessee tainted party when the very same transaction are being made by the assessee in the part as well as in the future.
Detailed analysis of Dhoom Singh Sharma Vs ITO case where ITAT Delhi accepts agricultural income proof, overturning Rs.16.4 Lakhs addition. Read the full order.
Customs Brokers are not obligated to authenticate transactions beyond provided documents unless discrepancies are evident. The Tribunal partially upheld the impugned order, reducing penalties and affirming partial forfeiture of security deposits.
Read detailed analysis of Calcutta High Court’s judgment allowing income tax deduction under Section 80-IC for manufacture of pan masala without tobacco.
Section 115BAC (New Tax Regime) of Income Tax Act, 1961 was introduced in Budget 2020 for Individuals and HUF Taxpayers, effective from financial year 2020-21- A scheme introduced with an option to pay Income Tax at lower rates with fewer exemptions and deductions to claim under the Act.
Learn how exporters can claim refund of additional IGST paid due to price increases post-export. Details on application process and required documents.
