Customs Notification 50/2024 replaces Table I in Notification 62/2022. Amendments align with public interest under the Customs Act, 1962.
ITAT Bangalore rules that VAT penalty payments cannot be deducted under Section 37 of Income Tax Act, remanding case for further examination.
Kerala High Court rules on input tax credit denial for Lloyd Insulations India Limited, directs fresh order in light of Section 16(5) of CGST/SGST Act.
Punjab & Haryana HC invalidates Section 148 notice due to non-compliance with faceless assessment provisions under Section 144B of the Income Tax Act, 1961.
Rajasthan High Court clarifies that provisional attachments under Section 83 of the GST Act cease after one year. Bank directed to allow account operation.
Rajasthan HC fines petitioners filing repeated petitions, calling it an abuse of the process, and directs adherence to prior court rulings.
SEBI’s amendments to Listing Regulations impact the role of company secretaries, focusing on secretarial audit, compliance officer elevation, and governance enhancements.
CESTAT Ahmedabad ruled that cost-sharing among Gujarat electricity companies, including MGVCL, does not constitute taxable Business Support Services under Finance Act, 1994.
Allahabad High Court quashes orders in Vishva Electrotech Ltd. case, clarifying ownership of goods under GST rules and enforcing compliance with 2018 circular.
Chhattisgarh HC examines ITAT’s denial of appeal condonation for Navodit Samaj Sevi Sanstha in a tax dispute involving Section 12A registration under the Income Tax Act.
