Learn about penalties under Sections 125 and 126 of the CGST Act for GST law violations, including non-addition of places of business and procedural breaches.
Discover essential tips for newly qualified CAs to successfully start and grow their own practice, from niche focus to networking and client management.
Key GST updates: CGST amendments in Budget 2024, Circulars on officer reassignment, recovery guidelines, and service taxability clarifications.
Bombay High Court quashes order and reopening notice for Smt. Sunita Purushottam Virgincar, ruling Section 5A of IT Act does not apply due to Portuguese Civil Code.
Finance Act 2023 updates the process for filing applications under Section 10(46A) of the Income-tax Act. Standardized procedures are now in place.
As per Section 18(6) of the Central Goods and Service Tax Act, 2017 In case of supply of capital goods or plant and machinery, on which input tax credit has been taken, the registered person shall pay an amount equal to the input tax credit taken on the said capital goods or plant and machinery […]
The Ministry of Finance designates new special courts in Kerala for PMLA cases, updating jurisdiction for various districts in the state as of August 19, 2024.
Calcutta HC remands Somnath Commosales Pvt Ltd case to AO for fresh assessment. The final opportunity is granted; non-cooperation will result in no further indulgence.
Allahabad High Court ruled Section 130 of GST Act can’t be applied for excess stock found during search; Section 73/74 should be used for tax determination.
Calcutta HC dismisses appeal by revenue, upholds ITAT decision quashing PCIT order under Section 263 on MAT credit and doubtful debts for Eastern Coalfields Ltd.