A practical two-day GSTAT workshop equips professionals with drafting, presentation, and procedural skills to excel in GST appellate practice.
The import of unstudded platinum jewellery (HS 71131921) is now restricted until April 2026, requiring DGFT approval for importers.
The IBBI proposes measures to enhance transparency, disclosure, and accountability in corporate insolvency resolution, including allottees’ inclusion and CoC safeguards.
IBBI seeks public input on requiring directors/partners in Insolvency Professional Entities to hold a minimum shareholding or capital contribution, aiming to improve governance and accountability.
Breaks down how extractive-industry assets are recognised, measured, depleted, and impaired, highlighting key compliance requirements under Indian and international standards.
Explains how ESG factors now influence valuation premiums, investor confidence, and risk assessment, making sustainability a core determinant of business value.
The Tribunal set aside ex-parte assessments and appellate orders because the assessee was incarcerated during proceedings. All cases were remanded to the AO for de-novo assessment with directions to grant fair hearing. Takeaway: incarceration does not exempt authorities from observing natural justice.
The Tribunal held that a 143(1)(a) adjustment denying ₹5.05 crore TDS credit was invalid because no mandatory show-cause intimation was issued. It ruled that a 139(9) defect notice cannot substitute the statutory opportunity required under 143(1), resulting in deletion of the entire ₹5.73 crore demand.
Tribunal held that demonetisation cash deposits represented genuine business sales and could not be taxed as unexplained income under sections 68/115BBE. Only ₹25 lakhs was sustained due to incomplete explanation, with the remaining addition deleted.
The Tribunal held that a captive software development service provider cannot be compared with giant IT companies owning IP, diversified services, and global operations. By excluding these functionally dissimilar comparables, the entire ₹10.58 crore TP adjustment was deleted.
Tribunal introduced a phased filing schedule to prevent system congestion on new electronic platform. The directive ensures orderly submission of pending appeals with a final deadline of 30 June 2026.
