Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability of small businesses and clients.
The e-way bill is an essential compliance mechanism under the Goods and Services Tax (GST) regime in India. It ensures seamless movement of goods and prevents tax evasion. This article provides a detailed overview of intra-state e-way bill requirements for tax professionals, including threshold limits, exemptions, notifications, and other relevant details. Threshold Limits for E-Way […]
ITAT Mumbai ruled on the reopening of Canbara Infra Pvt Ltd’s tax assessment, addressing loans from directors and Section 68 additions.
Kerala High Court dismisses Mohammed Fariz & Co’s plea for condoning 964-day delay in appealing a customs duty short levy demand of ₹3,98,613.
Supreme Court upholds CESTAT ruling granting service tax refund to Flemingo Travel Retail Ltd., confirming duty-free shops are beyond Indian customs frontiers.
ITAT Chennai rules that filing Form 67 for Foreign Tax Credit is directory, not mandatory, dismissing Revenue’s appeal against relief granted to the assessee.
Allahabad High Court sets aside GST penalty on Varun Beverages, ruling that e-way bill requirements were unenforceable during the relevant period.
Analysis of ITAT Jaipur’s decision in Shiv Vegpro Pvt. Ltd. Vs PCIT, addressing Section 263, delay condonation, and tax assessment disputes for AY 2017-18.
Andhra Pradesh HC reviews GST classification of flavoured milk, ruling on tax disputes involving tariff headings 0402 and 2202.
The government updates the rules for Lab Grown Diamonds exports, making additional qualifiers voluntary for diamonds under one carat while remaining mandatory otherwise.