CESTAT Ahmedabad remands Kohler India’s CENVAT credit case, faulting Commissioner for misapplying a GST-era ruling to pre-GST tax provisions without comparing the laws.
ITAT Delhi quashes an addition made by the DCIT against Virender Verma, finding the accommodation entry allegation unproven due to lack of supporting material and an unrelated seized ledger.
Key regulatory changes from June 30 – July 6, 2025: Income Tax CII & exemptions, GST rulings, Customs duties & import norms, SEBI’s compliance & market reforms, RBI loan & trading updates.
The matter was examined on the GST Portal, and it was verified that several consignments were delivered in two-wheelers, three-wheelers or cars. The registration numbers of many vehicles declared to have transported the goods from outside the State were found to be fake.
Uttarakhand High Court rules GST confiscation invalid if solely based on driver’s reply without owner’s hearing, citing Section 130(4) CGST Act violation.
Allahabad High Court rules GST demand order cannot exceed show cause notice amount, violating Section 75(7) CGST Act, setting aside the higher demand.
Understand India’s Reverse Charge Mechanism (RCM) under GST, its evolution from Service Tax, and its application to various goods and services.
Adjudication order detailing the penalty imposed on Vocera Communications India Pvt. Ltd. and its officers for a delay in holding a board meeting.
CA May 2025 exam pass percentage drops sharply across all levels. Foundation, Intermediate, and Final results raise concerns for aspirants preparing for future attempts.
Understand tax relief for tuition fees, education loans, and allowances under Income Tax Act. Learn what parents can claim and how the new tax regime affects deductions.