Calcutta High Court has directed authorities to release a tea consignment that was detained due to suspicions regarding a bogus E-Way Bill. The case entailed a mix-up with smuggled poppy seeds mislabeled as Ramdana seeds.
CESTAT Ahmedabad grants relief to Sun Pharmaceuticals, allowing the remission of duty application on goods destroyed in a fire incident.
IBBI suspended an Insolvency Professional (IP) for not diligently performing his duties during CIRP of CD and exceeding his authority by treating resolutions as approved. Get the details of the disciplinary action and its implications
Discover the recent amendment to the SEBI (Informal Guidance) Scheme 2003, where SEBI has discontinued the acceptance of demand drafts for fee payments. Learn about the new electronic payment methods.
In Ramji Jaiswal & Anr Vs State Tax Officer, Calcutta High Court waives penalty for transportation of goods with an expired E-way bill, citing lack of intention to evade tax.
Ajit Kumar Khan Vs DCIT case at ITAT Ranchi clarifies that late filing fees for GST returns cannot be added summarily through intimation under section 143(1) of Income Tax Act, 1961.
The ITAT Chennai in Jamal Mohideen Haroon Imran Khan Vs ITO case allows a delay of 227 days in appeal filing due to the death of assessee’s advocate during the Covid-19 pandemic.
Bill of Entry has been finalized as per declared value and when Bill of Entry has been finally assessed at declared value then redemption fine and penalties cannot be imposed.
Sundaram Industries Ltd wins appeal against imposition of service tax on clearing and forwarding agency services provided outside India as per a ruling by CESTAT Chennai.
The Calcutta High Court overturned a tax assessment order following a technical issue with the Income Tax Portal that prevented a timely objection.
