In the case of S Muniramaiah Vs Assistant Commissioner of Central Tax, the Karnataka High Court ruled that income earned from the profession of advocacy cannot be subjected to service tax.
ICAI suspends CA Muni Kumar Gubiligari for 60 days for professional misconduct in certifying company documents without due verification.
Explore the CESTAT Delhi ruling allowing cenvat credit for welding electrodes used in cement manufacturing. Full text and expert analysis provided.
Read the detailed analysis of Orissa High Court’s judgment quashing customs orders against JSW Steel. Learn about the implications and legal reasoning behind the decision.
Read about Karnataka High Court’s decision in Padmavathi Electrometals (P) Limited vs Assistant Commissioner of Commercial Taxes, setting aside the blocking of GST ITC after one year.
Detailed analysis of Orissa HC judgment quashing an order under OGST Act for lack of hearing. Understand the implications and legal stance. Read more.
Notification 53/2024 updates tariff values for edible oils, brass scrap, gold, silver, and areca nuts. Effective from August 1, 2024. Detailed changes and impacts explained.
Notification 19/2024 reduces Special Additional Excise Duty on petroleum crude. Effective from August 1, 2024. Read the full details and implications here.
The Ministry of Finance has updated Customs Notification No. 50/2017 with a 10% BCD on laboratory chemicals. New rules apply from August 1, 2024.
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechanisms for digital payment transactions to enhance security in the digital payments ecosystem. Traditionally, SMS-based OTP has been the primary method for additional factor authentication (AFA). However, advancements in technology now offer alternative methods. The draft framework, announced in the RBI’s […]
