Telangana High Court sets aside ITAT’s remand to CIT(A) in a penalty case, emphasizing the Tribunal’s duty as a final fact-finding body.
Karnataka High Court held that transfer of Set Top Boxes to subscribers amounts to sale within the definition of section 2(29)(d) of the Karnataka Value Added Tax Act, 2003 and hence sales tax leviable on the same.
IFSCA updates Aircraft Lease Framework, modifying rules for transactions with Indian residents. New guidelines for asset acquisition by Lessors in IFSCs.
CBI conducts searches across India in the GainBitcoin scam, seizing digital evidence and crypto wallets to trace misappropriated funds and identify accused parties.
ICMAI invites public comments on the Exposure Draft of its revised Code of Ethics, aligning with IFAC standards. Submit suggestions by 17th March 2025.
Kerala HC rules improper GST notice service via portal violates natural justice. Taxpayer granted fresh opportunity to respond. Read more on the verdict.
Gujarat High Court held that reopening of assessment is based on change of opinion since exact entry which was already scrutinised and accepted by department during scrutiny assessment. Accordingly, re-opening u/s. 148 is liable to be quashed.
Apply for ICSI Merit-Cum-Means Assistance Scheme 2025 by May 25. Eligibility: Passed Executive Exam in Dec 2024, income limits apply. Check details on ICSI website.
Gauhati High Court held that the Summary of the Show Cause Notice in GST DRC-01 is not a substitute to the Show Cause Notice to be issued in terms with Section 73 (1) of the Central Goods and Services Tax Act [CGST Act].
Apply for CS December 2024 exam marks verification from Feb 26 to Mar 18, 2025, via the SMASH portal. Fee: ₹250 per subject. Check guidelines on the ICSI website.
