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Archive: 09 May 2025

Posts in 09 May 2025

How to Succeed on Capital Market

May 9, 2025 783 Views 0 comment Print

In this article, we’ll break down what capital markets are, how they operate, why they matter to the economy, how you can start investing, and some common mistakes to avoid along the way.

CESTAT Remits Unreasoned Rejection of Interest Waiver for Power Project

May 9, 2025 954 Views 0 comment Print

CESTAT remits power project interest waiver case back to Chief Commissioner, citing unreasoned rejection and violation of natural justice principle.

Delhi HC to Rule on Railway AC Unit GST Rate

May 9, 2025 720 Views 0 comment Print

Delhi High Court examines GST rate dispute on railway AC units, reviewing a government circular imposing 28% vs. advance rulings supporting 18%.

Draft Assessment Order Not Mandatory for Ordinary Assessee Under Section 144B

May 9, 2025 1695 Views 0 comment Print

Kerala High Court rules serving draft assessment order not mandatory for ‘ordinary assessees’ under former Section 144B faceless tax law.

Section 13(1)(b) applies only during assessment not during 12AB registration

May 9, 2025 945 Views 0 comment Print

ITAT Ahmedabad rules Section 13(1)(b) applies only during assessment, not registration, remands trust 12AB application to CIT(E).

GST Claims Barred After Resolution Plan Approval: Allahabad HC

May 9, 2025 1356 Views 0 comment Print

Allahabad High Court rules GST demand for pre-CIRP period invalid after NCLT approves resolution plan, citing Supreme Court judgments on IBC finality.

Direct vs. Indirect Tax in India: Part 5 – Related Party Transactions

May 9, 2025 1977 Views 0 comment Print

Explores the convergence and divergence of direct and indirect tax laws in India, focusing on related party transactions and future trends.

Allahabad HC Upholds Bail Rejection in Large-Scale Forgery & GST Fraud

May 9, 2025 1674 Views 0 comment Print

Allahabad High Court denies bail in a major fake GST firm and forgery case, citing the gravity of economic offenses, a multi-crore money trail, and accused delays in trial.

Completed Investigation Justifies Granting Bail to Appellants: SC

May 9, 2025 843 Views 0 comment Print

Supreme Court grants bail to Sanjay Chandra, Vinod Goenka, and Reliance executives in the 2G scam, emphasizing personal liberty. Read the full summary.

SCN posted in wrong GST portal tab: Allahabad HC Quashed Order

May 9, 2025 1119 Views 0 comment Print

Allahabad High Court sets aside tax order, ruling show cause notice in wrong GST portal tab invalidates communication and hearing opportunity.

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