Read the full judgment of Commissioner of Customs Vs Baburam Harichand by Gujarat High Court. Industrial betel nuts and supari are deemed the same, justifying special duty refund.
Explore the GST implications for accommodation services post recommendations from the 53rd GST Council meeting. Learn about amendments in Notification No. 12/2017-Central Tax (Rate) and the introduction of Notification No. 4/2024-Central Tax (Rate) effective from July 2024.
Learn about the reporting of outstanding dues to Medium enterprises under the MSME-1 form. Understand the requirements, implications, and recent updates regarding payments to Micro, Small, and Medium enterprises (MSMEs).
Assessee was engaged in diamond manufacturing, trading, and windmill power generation, had claimed deductions under sections 35DD and 80IA(4)(iv) during scrutiny assessment. Despite furnishing all details, AO issued a notice for reassessment, alleging income escapement related to the deduction under section 80IA.
Explore the API integration between ICEGATE and IECs/CBs, its impact on document filing efficiency, challenges addressed, and future implications.
Direct tax collections for FY 2024-25, as of July 11, 2024, show a 23.24% increase compared to FY 2023-24, with notable growth in corporate and personal income tax.
The Expert Committee has submitted its report on drafting institutional arbitral rules for the International Arbitration Centre at GIFT IFSC to IFSCA, focusing on efficient dispute resolution.
Delhi HC rules in PCIT Vs Pavitra Realcon Pvt. Ltd., ITA 579/2018, emphasizing the need for corroborative evidence in tax assessments and procedural fairness.
HP High Court upholds the right to be forgotten, ordering the masking of a rape accused name post-acquittal, emphasizing privacy rights under Article 21.
ITAT Raipur order on Rajesh Kumar Tiwari vs ITO. ITAT sets aside Income Tax reassessment completed without providing fair & reasonable opportunity
