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Archive: 07 April 2025

Posts in 07 April 2025

Issuance of Summaries No Substitute for Proper SCN & Section 73 Order: Guwahati HC

April 7, 2025 2466 Views 0 comment Print

Assam High Court addresses GST notice validity in DNA Agrotech case, focusing on Section 73 compliance and proper show cause notice issuance.

New Trends in and Development Impacts of International Investment Law

April 7, 2025 576 Views 0 comment Print

The chapters in this section offer a comprehensive overview of the current state of international investment law and dispute settlement, providing insight into both the evolving landscape and the challenges facing the system.

GST Collection Impressive; CBIC Transfers Timely

April 7, 2025 768 Views 0 comment Print

CBIC reports strong March 2025 GST revenue, timely officer transfers, and launch of ‘Aakalan’ performance dashboard.

Draft Appeal Section 73 on PMT-09 and absence of GST functionality

April 7, 2025 2010 Views 0 comment Print

GST appeal challenges demand based on TDS mismatch and lack of PMT-09 functionality to transfer cash ledger between GSTINs during FY 2019-20.

Proposal regarding processing of prior permission application under FCRA

April 7, 2025 399 Views 0 comment Print

Indian government sets new validity periods for receiving and utilizing foreign contributions under FCRA, impacting existing and future approvals.

IBBI Suspends IP for Asset Mismanagement and Regulatory Lapses

April 7, 2025 831 Views 0 comment Print

IBBI Suspends IP for failure to preserve and protect assets of corporate debtors, non-determination of avoidance transactions, diversion of funds, improper adjudication of claims and overcharging of fees

Bombay HC Quashes Tax Notices Due to Address Issue, Grants Fresh Opportunity

April 7, 2025 288 Views 0 comment Print

Bombay High Court quashes income tax notices to Srimani Basu due to improper service from address discrepancy, grants fresh hearing opportunity.

Clarification on BCD for Interactive Flat Panel Displays & other monitors

April 7, 2025 2868 Views 0 comment Print

CBIC clarifies customs duty on IFPDs vs. monitors, removing IGCR condition and providing technical guidance for classification.

Central Excise Duty on Petrol, Diesel increased by Rs. 2 per Liter

April 7, 2025 1251 Views 0 comment Print

Indian government revises central excise duty on petrol to Rs. 13/litre and diesel to Rs. 10/litre, effective April 8, 2025.

ITAT Quashes Section 12A/80G Rejection for Natural Justice Violation

April 7, 2025 1125 Views 0 comment Print

ITAT Ahmedabad remands Apna Charitable Trust’s 12A/80G renewal applications. CIT(E) rejected applications despite timely submissions, violating natural justice. Fresh adjudication directed.

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