The Gujarat High Court denied bail to Bhupendrasinh Zala over a ₹6,000 crore fraud involving investor funds, citing evidence of large-scale financial misconduct.
Proposals to ease GST Reverse Charge Mechanism and TCS compliance. Updates to RCM services and TCS changes on advances can simplify tax compliance and improve efficiency.
ICAI concludes its 26th Central and 25th Regional Council elections. The new term will start on February 12, 2025, with 32 Central and 64 Regional Council members.
Nokia India Pvt. Ltd. faced a service tax demand for short payments, penalties, and CENVAT credit issues during the period 2003–2007. CESTAT ruling clarified the matter.
Explore the legal debate over Rule 86A of the CGST Rules on ITC blocking. Conflicting judgments from Delhi and Madras High Courts create confusion for taxpayers.
DGFT has imposed a Minimum Import Price (MIP) of Rs. 20,108 per MT on Soda Ash imports till June 2025 under the revised import policy.
Kerala HC sets aside an order rejecting a GST appeal as time-barred due to appellate authority’s failure to notify defects in time. Case details and judgment.
CBDT extends the due date for determining payable amounts under the Direct Tax Vivad Se Vishwas Scheme to January 31, 2025.
ICAI extends the CPE hours compliance deadline for 2024 from Dec 31, 2024, to Feb 28, 2025. Learn about updated guidelines and consequences for non-compliance.
In a recent ruling Hon’ble Kerala HC disposed off the writ petition by remanded back the matter to competent authority in the light of the circulars passsed by GST counsel mentioned at para 101 of the judgment M. Trade Links Vs. Union of India.
