The Ministry of Corporate Affairs has appointed a new Chairperson and three full-time Members to the National Financial Reporting Authority for a three-year term.
CBDT has granted IIT Madras Research Park approval for scientific research under Section 35(1)(iia) of Income Tax Act for a five-year period.
CESTAT Chennai returns N.R. Colours Ltd.’s SAD refund case to original authority for re-evaluation, citing an incomplete Chartered Accountant’s certificate as the reason for initial rejection.
Calcutta High Court remands GST appeal as assessee claims unawareness of SCN uploaded under “Additional Notices and Orders,” ordering appellate authority review.
CESTAT Bangalore set aside a Rs. 50,000 penalty on a customs broker, citing membership approval before show-cause notice communication.
The Allahabad High Court has dismissed a petition challenging a GST notice, ruling that uploading it to the common portal constitutes valid service under Section 169(1)(d).
The ITAT Pune has ordered a fresh hearing for a scrap dealers ₹3.84 crore tax dispute, ruling that the initial appeals were wrongly dismissed without merit review.
A new directive from CBIC aims to clarify duty calculations, KYC norms, and procedures for gifts and personal imports via courier and postal services.
DGFT issues notice to revise SIONs for food items. Exporters and stakeholders invited to submit feedback by 5 September 2025 for clearer trade norms.
The Madras High Court has set aside an ex parte tax order against G.P. Engineers, remanding the case for fresh consideration after 80% of the disputed tax was recovered without a personal hearing.
