Explore the latest gold and silver rates together with prescribed reductions for valuing gold ornaments. The document also provides silver valuation notes, conversion tables and an official disclaimer.
Madras High Court allowed a delayed GST appeal, observing that portal upload alone should not deprive a small businessman of an effective opportunity to appeal.
CESTAT held quarrying formed part of manufacture for exported granite products, restoring EOU duty exemption and setting aside customs and excise demands.
CESTAT held that while excise duty on royalty was payable for the normal period, no interest could be levied and duty on Stowing Excise Duty was set aside.
ITAT held that business profit already disclosed in the income tax return cannot be added again as undisclosed income. The duplicate addition was deleted.
Orissa HC held that refund cannot be refused merely because the State might appeal, where no appeal or proceeding was pending on the relevant date.
CESTAT held composite works contracts were not liable to service tax before 1 June 2007, quashing the demand, interest, and penalties.
ITAT held that the Commissioner must assess the genuineness of activities and charitable objects instead of rejecting registration solely for the absence of an irrevocability clause.
ITAT Delhi held that IT, salary and travel reimbursements without any profit element were not taxable and deleted the disallowance under Section 40(a)(i).
ITAT held reassessment under Sections 147/148 invalid because it was based on a pre-1 April 2021 third-party search, requiring proceedings under Section 153C.