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Delhi HC directs refund of Income Tax amount exceeding 20% of demand

August 21, 2023 1680 Views 0 comment Print

Delhi HC directs refund of Income Tax amount exceeding 20% of the demand. Read about the Max Life Insurance case and the decision on refund for AY 2017-18

Jharkhand HC Grants Bail to Director in Alchemist Group Investor Cheating Case

August 21, 2023 681 Views 0 comment Print

Director of Alchemist Group gets bail from Jharkhand HC. The company is accused of cheating investors on false land booking promises. Details inside.

Delhi HC Allows PMLA Accused to Travel for Son’s Admission

August 21, 2023 405 Views 0 comment Print

Delhi HC grants permission to a PMLA accused to travel to Canada for his son’s university admission. The court weighs family bonds and past conduct.

CESTAT reduces Redemption Fine & Penalty for imported used multifunction machines

August 21, 2023 423 Views 0 comment Print

CESTAT Bangalore reduces redemption fine to 10% and penalty to 5% for imported used multifunction machines in absence of market value. Detailed analysis of case.

No Disallowance on Bonus Paid Before Return Due Date: ITAT Kolkata

August 21, 2023 1818 Views 0 comment Print

ITAT Kolkata rules no disallowance on bonus outstanding paid before the due date of filing return, in the case of DCIT Vs Medica Hospitals Pvt Ltd. Details inside.

No Service Tax on Composite Vehicle Repair Contract pre-01.07.2012: CESTAT

August 21, 2023 690 Views 0 comment Print

CESTAT Chennai’s ruling on Ford India Pvt Ltd: No Service Tax on composite contracts for vehicle repair involving goods & services before 01.07.2012.

Operationalisation of Board for Advance Rulings

August 20, 2023 1398 Views 0 comment Print

CBDT launches Boards for Advance Rulings in Delhi & Mumbai, providing tax clarity to investors and entities. Learn more about this step towards efficient and transparent tax rulings.

GST Ruling on Tobacco Pre-Mixed with Lime: Kasar Industries Case

August 20, 2023 591 Views 0 comment Print

Explore GST AAR Rajasthan ruling for Kasar Industries regarding classification, applicable rate of GST, and Compensation Cess on tobacco pre-mixed with lime.

Common Head Office for Multiple GST Registrants – AAR cannot give ruling

August 20, 2023 912 Views 0 comment Print

Explore comprehensive analysis of recent GST AAR Rajasthan ruling on ITC eligibility, common head office usage, and refund timeline for businesses.

AAR Cannot give ruling on past Supplies

August 20, 2023 492 Views 0 comment Print

Explore the implications of the GST AAR Rajasthan ruling that states AAR cannot give rulings on supplies conducted before filing an advance ruling application.

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