The Allahabad High Court reduced the penalty imposed on Singh Traders, modifying it to twice the tax amount under Section 129(1)(a) of the U.P. GST Act.
ITAT Delhi dismissed Revenue’s appeal in the case of Mehta Charitable Prajanalaya Trust, addressing issues related to charitable income and expense claims.
GSTN issues Clarifications on discrepancies in Table 8A and 8C of GSTR-9 for FY 2023-24 due to ITC reporting changes.
SEBI cautions investors against transacting on unauthorized platforms for unlisted public company securities. Only recognized stock exchanges are allowed for trading.
Madras HC remits Shobikaa Impex’s IGST refund case for reassessment, emphasizing export incentives over procedural lapses. ₹22.5 Cr claim to be reviewed under Rule 89.
Punjab and Haryana HC allows Steel Kart’s appeal, condoning delay in filing due to lack of knowledge about GST order under Haryana GST Act.
Madras HC rules in favor of Vinayaga Agencies, granting input tax credit under Section 19(1) of TNVAT Act, despite seller’s failure to deposit tax.
Advisory on New biometric Aadhaar authentication and document verification procedures for GST registration applicants in Haryana, Manipur, Meghalaya and Tripura.
IFSCA seeks public comments on the draft KYC Registration Agency Regulations 2024 to enhance KYC efficiency in IFSC, addressing regulatory framework and obligations.
Rule 55 misinterpretations hinder aspiring Income Tax Practitioners, discouraging qualified youth and impacting self-employment opportunities.
