PCIT vs. Minu Bakshi: Delhi High Court Clarifies No Penalty if notice for the imposition of penalty did not specify particular limb of Section 271(1)(c) under which penalty was levied.
Read the Kerala High Court judgment on Padiken Silks’ GST refund case. Find out how the petitioner rectified the cash payment error despite ITC availability. Get insights on the court’s decision
Nestle India gets interim relief from Rajasthan High Court as it challenges GST show cause notice. Detailed analysis, arguments, and court order explained.
Explore the Delhi High Court’s directive on resolving ITC claim discrepancies due to retrospective GST registration cancellation. Full judgment details of Cuthbert Winner LLP Vs Assistant Commissioner Of CGST & Anr.
In a recent search operation in Odisha, Jharkhand, and West Bengal, Income Tax Department reveals staggering tax evasion of a group involved in liquor, healthcare, and education businesses.
Bombay HC clarifies bank guarantee vs. corporate guarantee distinctions in Everest Kento Cylinders case. Ruling impacts income tax computation.
Gauhati High Court stays GST Show Cause Notice against Pepsico India Holdings Pvt. Ltd. Form GST ASMT-10 not issued, challenging compliance of statutory rules.
Explore the Delhi High Court case: Indusind Bank vs. Dept. of Trade & Taxes. Constitutional validity of DVAT Act’s ‘dealer’ definition challenged. Court analysis and decision detailed.
Explore the groundbreaking report on Direct Listing of Indian Companies on IFSC Exchanges. IFSCA’s Working Group offers global best practices, regulatory insights, and a vision for raising foreign capital through GIFT IFSC.
Explore the Reserve Bank of India’s draft framework for recognizing Self-Regulatory Organizations (SROs). Provide feedback by January 25, 2024, to shape the final framework.
