he State Goods and Services Tax Department has introduced a new Reference Number (RFN) system to replace the existing Document Identification Number (DIN) for all communications issued to taxpayers and individuals. Circular No. 14/2023 provides guidelines for the implementation and exceptions to this new system. Circular No. 14/2023 highlights the transition from the DIN to […]
Explore the critical decision in Souvik Mukherjee Vs ITO (ITAT Delhi) regarding taxation of a bonus received abroad, and how it impacts Foreign Tax Credit regulations.
ICSI decided to launch the ECSIN Special Amnesty Scheme, 2023 effective from July 21, 2023 to July 31, 2023 with a view to facilitate the members.
India’s Supreme Court orders the conclusion of a decade-old case involving CENVAT credit demand within eight weeks. Learn more about the historic ruling of Commissioner vs Swati Menthol and Allied Chemicals Ltd.
The Supreme Court’s ruling sets a precedent on reassessment proceedings, stating no action will be taken on completed or unabated assessments without incriminating material.
An examination of the recent ruling by the Madras High Court in the Sundaram Clayton Limited Vs Deputy Commissioner case, addressing the implications of technical glitches on the maintainability of statutory appeals.
CESTAT Chandigarh rules in favour of the Department in a case involving refund claims filed under Section 27 of the Customs Act. The tribunal asserts that duty was correctly paid and unjust enrichment was not established.
SEBI issues circular on restricting trading by Designated Persons (DPs) through PAN freezing at security level for the top 1,000 BSE companies based on market capitalization as of June 30, 2023
Examination of the recent ITAT order in the case of Smt Ganigara Rekha Venugopal Vs ACIT, regarding the claim of deduction under the Income from Other Sources, providing an in-depth analysis of the facts and rulings.
Explore the recent Jharkhand High Court verdict on a money laundering case, Gopal Oraon Vs Union of India. Discover the court’s perspective on the lack of material evidence leading to the grant of bail.
