CESTAT Chennai rules that Kadri Mills (CBE) Ltd. is not liable to pay tax on banking charges deducted by foreign banks. The article provides a comprehensive analysis of the judgment.
Calcutta High Court allows Gopeshwar Iron & Steel’s appeal, staying a notice under Section 61 of the CGST Act, 2017. Discover why jurisdiction matters in this intricate tax case.
ITAT Chennai in Estate of Late Smt. Jayanthi Krishnamurthy Vs ACIT held that no addition could be made under section 153A in absence of incriminating evidence resulting from a search, especially if assessment is unabated.
Analysis of CESTAT Ahmedabad decision in Gujarat Alkalies and Chemicals Ltd vs C.C.E. & S.T., focusing on retrospective effects of CBEC clarification on excise tax for Chlorinated Paraffin.
Exploring Siemens Financial Services vs DCIT Bombay High Court case that clarified role of specified authority in reassessment approvals and impermissibility of changes in opinion.
ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Independent Directors
ICSI suggests an amendment in Section 77 of Companies Act, 2013. It aims to allow charge registration beyond 120 days with ad valorem fees.
Learn about SOP for monitoring Export obligation fulfillment under EPCG and Advance authorization schemes by Chennai Customs.
KSCAA seeks clarification from MCA regarding the eligibility of Indian trusts as partners in Limited Liability Partnership (LLP) firms.
Khadi Grammodhyog Prathisthan Vs Asst. Director of Income CPC (ITAT Jodhpur) The case of Khadi Grammodhyog Prathisthan Vs Asst. Director of Income CPC (ITAT Jodhpur) revolves around the denial of current year losses by treating a revised tax return as an original return. This appeal arises from an order dated 14.02.2023, issued by the National […]