Madhya Pradesh HC Court clarified that Section 74 of GST Act requires Revenue to ensure that a Show Cause Notice must contain adequate information to enable assessee to respond in Balaji Electricals Vs Appellate Authority & Joint Commissioner State Tax.
Madras High Court in the case of Ocean Sky Impex Pvt Ltd Vs Commissioner of Customs related to provisional release of seized goods granted petitioner an opportunity for a personal hearing.
ITAT Delhi in Padam Singhee Vs DCIT ruled that penalties under section 271AAA of Income Tax Act cannot be levied without a recorded statement
Directorate of Enforcement (ED) has taken a significant step in the Shakti Bhog Foods money laundering case by provisionally attaching 59 immovable and movable properties worth Rs. 28.67 Crore. The attachment has been made under the Prevention of Money Laundering Act (PMLA) and involves individuals such as Sunil Dhupar, former CA and statutory auditor of […]
Participate in the consultation on the proposed IFSCA (Payment Services) Regulations, 20XX. The International Financial Services Centres Authority (IFSCA) seeks comments and suggestions from the public on the regulations.
GST portal updates, geocoding of principal place of business, user ID generation, registration cancellation, AATO enablement, annual return, Form GST APL-01, amnesty scheme
CBIC has released the National Time Release Study (NTRS) 2023 report, showcasing improved cargo release times at Indian ports.
Introduction: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has released a consultation paper on the framework for grading real estate projects in Maharashtra. This initiative aims to enhance transparency and enable homebuyers to assess the quality of projects and make informed decisions. MahaRERA has outlined the need for grading, provided examples from international and national […]
Functionalities released by Central Record Keeping Agencies (CRAs) for NPS/APY stakeholders during Quarter IV of FY 2022-23.
DGGI Gurugram unmasked an Input Tax Credit fraud operation with 461 shell entities, causing a loss of Rs. 863 crore to exchequer.
