Notification 01/2025 outlines appointments and roles of Central Excise Officers for handling appeals under the Excise Act, specifying jurisdictions and responsibilities.
ITAT Chennai held that only profit embedded to creditors written off and discount receipts is needed to be added since both i.e. creditors written off and discount receipts are inextricably linked with business of assessee. Hence, appeal partly allowed.
Delhi HC rules that prolonged incarceration alone cannot justify bail in cases of terrorism and anti-national activities, emphasizing stricter bail norms under UAPA.
Notification 08/2025 waives excess late fees for FORM GSTR-9C filing for FY 2017-18 to 2022-23 if submitted by 31st March 2025. Refunds on paid fees not allowed.
New CGST amendment introduces temporary identification numbers for non-registered taxpayers required to make payments, effective from January 23, 2025.
ITAT Chennai held that cash collected from customers for purchase of stamp papers were deposited in bank hence source of cash deposits duly explained. Thus, addition towards unexplained cash deposits u/s. 69A of the Income Tax Act not justified.
ITAT Chennai held that estimation of 8% as income on the total receipt by AO is justifiable since assessee failed to substantiate its claim of earning 5% commission on total receipt. Accordingly, addition confirmed and appeal dismissed.
Learn the ISO certification process, including steps, benefits, required documentation, and applicable fees. Ensure compliance and enhance business credibility.
Madras High Court held that assessment order passed under GST in the name of dead person in null and void. Accordingly, order is liable to be set aside.
Bombay High Court upholds reassessment in a tax case, citing new evidence of undisclosed income and unverified transactions, allowing further challenges in appeal.
