Delhi’s 2025 circular mandates a 0.1% stamp duty rate on share issuance (physical/demat), overriding central 0.005% for demat, resolving dual-rate confusion.
Uttarakhand’s Mega Policy 2025 targets large manufacturing with capital subsidies (up to 20%), stamp duty reimbursement, and a Hill Incentive to drive major investment.
Madras HC ruled that only qualified Advocates, CAs, and GSTPs can represent taxpayers, reinforcing Section 116 of the CGST Act and warning against unauthorized representation.
Calcutta HC dismisses a writ against a GST goods detention and penalty order, directing the taxpayer to use the statutory appellate remedy due to disputed facts and discrepancies in the driver’s statement.
Sikkim HC rules that refund of unutilised ITC upon business closure is not permissible under the CGST Act, as Section 54 limits refunds to zero-rated supplies and inverted duty structure only.
Bombay HC rejects a writ against a GST order, ruling that quoting an incorrect section in the SCN is an arguable error for the appellate authority, not a ground to bypass statutory remedy.
Delhi High Court dismisses petitions, reiterating that both Jurisdictional Assessing Officers (JAO) and Faceless Assessing Officers (FAO) have concurrent jurisdiction to issue Section 148 reassessment notices, holding prior High Court ruling (T.K.S. Builders) is binding.
A summary of the corrupted Deemed Conveyance process in Maharashtra, detailing how officials force societies to hire expensive consultants, and proposing five fixes to end the graft.
A summary of the alleged corruption in Maharashtra’s real estate conveyance process, where builders delay ownership transfer, forcing societies into a costly Deemed Conveyance racket.
RBI has amended FEMA regulations to permit exporters to open and maintain foreign currency accounts in International Financial Services Centres (IFSCs), offering greater flexibility for managing export proceeds and import payments.
