Income tax updates effective 1st April 2025 include higher TDS thresholds, extended startup benefits, increased rebates, and simplified compliance measures.
Calcutta HC quashes GST demand, ruling that ITC cannot be denied due to retrospective supplier deregistration if the purchaser meets Section 16(2) conditions.
Provisional attachment under GST aims to protect revenue but often raises concerns about misuse. Explore its legal framework, impact, and judicial precedents.
DGFT proposes mandatory GST e-invoices for deemed export benefits. Stakeholders can submit comments by April 2025 for consideration under FTP 2023.
RBI releases Master Direction on Capital Adequacy for RRBs, outlining prudential norms, risk weights, and reporting requirements effective April 1, 2025.
The March 2025 edition of the GST Case Law Compendium offers comprehensive insights into pivotal GST-related judgments by the High Courts and Supreme Court. Key issues examined include whether recovery proceedings can commence if an appeal is filed beyond three months of a demand order, the necessity of prior authorization under Section 63 for assessments […]
Karnataka High Court orders GST appellate authority to hear Takappa’s appeal on merits, citing procedural lapses in rejection.
Madras HC upholds deemed pendency of settlement applications before March 31, 2021, under Clause [iv] of S.245A, affirming Single Judge’s ruling.
Calcutta High Court directs fresh GST show-cause notice, citing lack of specific reasoning in original notice concerning GSTR mismatch.
Madras High Court directs appellate authority to hear Nirman Encon’s GST appeal, citing lack of opportunity in original assessment.
