Vinayagamoorthy Tyres Vs Deputy State Tax Officer (Madras High Court) In the legal case of Vinayagamoorthy Tyres Vs Deputy State Tax Officer, the Madras High Court delivered a substantial and impactful judgment that carries significant implications for tax matters. This article provides a detailed analysis of the case, including its background, key arguments, and the […]
On September 27, 2023, CBDT amended Income Tax Rule 14A & 14B, introducing Form No. 6D for Inventory Valuation. Explore changes & implications
Explore SEBI’s latest Master Circular providing guidance to registered Merchant Bankers, including registration matters, obligations, and other guidelines.
Explore the case of Amba Shakti Udyog Ltd. vs. State of Madhya Pradesh. Delve into the importance of timely appeals under Section 107 of the GST Act and the role of delay condonation.
Ministry of Commerce approves export of 75,000 MT of non-Basmati white rice to UAE through NCEL. Read official notification for details
Explore GST AAR Chhattisgarh’s ruling on Hitachi Energy India’s service supply, classifying it as a composite works contract at 18% tax rate.
Cash deposited during demonetization can’t be unexplained if taxpayer has a history of cash sales and no discrepancies found in books.
Read Supreme Court judgment in Sree Durga Distributors vs. State of Karnataka on taxation of dog and cat feed under Entry 5 of Karnataka VAT Act.
ITAT Chennai directs AO to accept 50% of cash deposits as sale proceeds and balance as unexplained money in J. Kalappa Naidu Sons’ case vs. ITO.
Kerala High Court quashes Income Tax Act Section 148A notice and order, citing absence of a reasonable opportunity for petitioner to be heard