Punjab & Haryana HC disposes of petitions challenging GST Sec 174(2), awaiting SC verdict in T.S. Belaraman case. Interim relief continues until final decision.
ITAT Pune restores Mauli Nagari’s tax case to CIT(A)-NFAC due to non-compliance issues. Read about penalties, unexplained cash deposits & reassessment.
CBI dismantles a virtual asset-backed cybercrime network defrauding German nationals, arresting key accused and recovering digital evidence in Operation Chakra-IV.
RBI introduces RBIDATA mobile app, providing macroeconomic and financial data on the Indian economy with interactive charts and search features.
CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for AY 2024-25.
ITAT Lucknow held that delay of 4 days erroneously calculated as delay of 551 days by CIT(A). Accordingly, directed CIT(A) to consider request of condonation and if found appropriate to grant opportunity of being heard.
Delhi High Court held that the unlocking/activation of the mobile phone merely makes the mobile phone more usable in the destination country and the same would therefore not constitute “taken into use” under proviso to Rule 3 of Duty Drawback Rules.
Orissa HC sets aside GST order, noting pending Supreme Court case on related issue, directs fresh hearing after petitioner communicates order to authorities.
Calcutta High Court quashes rejection of appeal due to delay, orders appellate authority to reconsider the delay condonation and appeal on merits.
Explore the ITAT Jaipur decision in Mujmmeel Vs ACIT, examining Section 263 order invoking unexplained investments and its implications on tax assessments.