ITAT Chennai grants Foreign Tax Credit to Lakshmi Sundararajan, ruling that the delayed filing of Form 67 is not a mandatory reason for disallowance.
The RBI has launched PRAVAAH, a digital portal for regulatory approvals. It offers a secure, paperless, and time-bound process for individuals and entities.
Understand your legal rights and procedural protections during Income Tax and PMLA raids in India. Learn what to do and what to avoid to ensure due process.
The Sikkim High Court ruled that businesses can get a refund of unutilized Input Tax Credit (ITC) upon closure, citing constitutional principles.
A comprehensive guide to issuing secured non-convertible debentures (NCDs) by private companies in India. Learn about regulatory frameworks, conditions, and the step-by-step process.
The Supreme Court of India has restored Godway Funicrafts’ review application, directing the Andhra Pradesh High Court to reconsider the 100% penalty imposed under the CGST Act.
Azam Laminators Private Limited Vs Additional Director (Madras High Court) 5% GST on Nizam Pakku – Issuance of SCN and disputing position settled by SC and Binding AAAR Ruling tantamount to clear abuse of Law: Madras High Court The Madras High Court has struck down a Show Cause Notice (SCN) issued to M/s Azam Laminators […]
An analysis of GST treatment on post-supply price revisions for exports with IGST payments. Learn about debit and credit notes, interest implications, and refund procedures.
The ITAT Mumbai upholds deductions for Jyothy Labs, ruling that once allowed, they can’t be denied later. The court also addressed issues on interest allocation and capital gains.
The ITAT ordered a fresh hearing for Golden Liquor Agencies, stating that a technical glitch and a wrong email linked to an ex-employee were a reasonable cause.
