CESTAT Ahmedabad confirms assembly of imported TV parts qualifies as manufacturing, allowing Bossh Technology India concessional duty benefit.
CESTAT exempts Nokia India from service tax on sponsoring Kolkata Knight Riders in IPL, ruling that IPL qualifies as a sports event under tax laws.
The International Financial Services Centres Authority (IFSCA) has issued a circular outlining regulations for complaint redressal by entities operating within the IFSC. This ensures a fair and transparent system to address consumer grievances.
ITAT quashes ₹34L addition to taxable income in Mihir Bhoj Post Graduate College case and remands the matter for fresh assessment with additional evidence.
IBBI extends the deadline for filing liquidation and voluntary liquidation forms under the IBC, 2016, to December 31, 2024, citing technical issues.
The Ministry of Finance rescinds Central Excise Notifications No. 10/2022 and 11/2022 under Notification No. 30/2024, effective immediately.
Notification No. 29/2024-Central Excise rescinds six 2022 excise notifications in the public interest, effective immediately. Details on affected notifications inside.
CESTAT exempts Nokia India from service tax on sponsoring Kolkata Knight Riders in IPL, ruling that IPL qualifies as a sports event under tax laws.
The Ministry of Finance grants approval to IIIT Hyderabad for scientific research under the Income Tax Act, effective from 2024-25.
RBI urges banks to reduce inoperative accounts and facilitate easier activation, especially for beneficiaries of government schemes, with KYC updates.
