ITAT Hyderabad held that addition of agricultural income as unexplained income under section 68 of the Income Tax Act as documents evidencing ownership of agricultural land now placed on record. Accordingly, matter remanded back to file of AO for fresh adjudication.
Andhra Pradesh HC held that rule 26(3) of the CGST Rules, 2017 stipulates that service of notice or orders, without signature, would not amount to service at all. Accordingly, writ petition is disposed of with liberty to the 1st respondent to conduct fresh assessment.
Ministry of Corporate Affairs has invited public comments to explore establishment of Indian Multidisciplinary Partnership (MDP) firms to help domestic firms compete globally.
The Ministry of Finance has set a new deadline of June 30, 2026, for filing appeals with the GST Appellate Tribunal for orders communicated before April 1, 2026.
The Ministry of Finance has notified new rules for the GST Appellate Tribunal, mandating that the Principal Bench will hear specific cases involving identical questions of law or issues under the IGST and CGST Acts.
CBIC notifies Agatti Island in Lakshadweep as a customs port for baggage handling, amending Notification 62/1994-Customs with effect from September 2025.
Andhra Pradesh High Court held that parallel proceedings for the same periods of the assessment amounts to double taxation and the same is impermissible in law. Accordingly, writ petition is allowed and assessment order set aside.
CBIC notifies October 1, 2025, as the date for GST amendments covering definitions, ITC, appeals, penalties, SEZ supplies, and unique ID marking.
A summary of the growth, crises, and regulatory reforms of India’s NBFC sector. The article examines their role in credit distribution and responses to systemic weaknesses.
The CBDT issued an order amending the scope of the e-Appeals Scheme 2023. It now covers appeals filed before October 1, 2020, against assessment orders with a disputed demand exceeding Rs.25 lakhs.
