Patna High Court held that judgement of conviction of Tax Assistant for accepting bribe to process income tax refund and order of sentence is justified and legal since the prosecution has proved all core points of prosecution story.
The Supreme Court held that criminal prosecution for bribery can continue where departmental exoneration was based on procedural gaps. The key takeaway is that only a merits-based exoneration destroying the offence can bar prosecution.
The Court held that electricity generated in an SEZ and supplied domestically is not an import under customs law. In the absence of a charging section, the levy was declared unconstitutional and refunds were ordered.
The Supreme Court ruled that withholding mark sheets and degree for a clerical mismatch is unjustified. Universities must correct their errors without harming students’ careers.
The message outlines readiness for the Income-tax Act, 2025 through training and system upgrades. The key takeaway is a focused transition built on clarity, capacity building, and taxpayer guidance.
Draft rules seek to bring petrol, gas, and hydrogen dispensers under approved testing centres. The key takeaway is enhanced regulatory coverage and standardised verification fees.
The government accepted key professional suggestions to simplify annual GST reporting. The update allows ITC payments, clearer ITC reporting, and better reconciliation.
A special court imposed five years’ rigorous imprisonment and heavy fines after finding assets far beyond known income. The ruling underscores strict enforcement against unexplained wealth held by public officials.
Government advisories revised the IMS process to stop unfair tax escalation on credit note rejection. The key takeaway is balanced treatment of suppliers and recipients.
The rules require robust risk management, cybersecurity, record-keeping, and continuous surveillance to curb fraud and market abuse.
