Stay informed about the latest tax amendments in India with the Government of India Ministry of Finance Notification 23/2023. Effective from 20th October, 2023
ITAT Delhi restores a case involving Golden Traders vs. ITO due to the assessee’s failure to compile data during the COVID-19 pandemic, challenging an addition under Section 69B.
Kerala High Court’s directive to the IT Commissioner regarding recovery proceedings and an appeal filed by Peroorkada Service Co-Operative Bank Ltd under Section 80P of the Income Tax Act.
The Supreme Court of India allows Kaushal Export to seek urgent interim relief for confiscated perishable goods under the GST Act and directs the Rajasthan High Court to consider the matter.
Delhi High Court invalidates final assessment order due to failure to pass a draft assessment order in Sinogas Management PTE LTD vs. DCIT case.
Government of India extends the export restriction on sugar, including raw, white, refined, and organic sugar, under specific HS codes beyond October 31, 2023.
Read IRDAI’s advice to insurers for swift Sikkim flood claim settlements. Measures include helplines, claims desks, and immediate service response. Details here.
Read about the CESTAT Mumbai’s decision in the case of Jindal Saw Limited vs. Commissioner of Customs, where confiscation of ‘Plate Leveler’ parts was quashed.
CESTAT Mumbai criticizes Customs Department for confiscating immovable property without notice, compromising the integrity of the adjudication process. Details of the case explained.
CESTAT Delhi sets aside service tax demand on Goods Transport Agency Service, citing lack of evidence to prove service provided to NTPC. Full case analysis here.