Detailed report on NFRA’s penalty against CA Shekhar Sharad for professional misconduct during the audit of Burnpur Cement Limited in FY 2017-18.
Delhi High Court sets aside an assessment order as Income Tax Authorities sent a show-cause notice to an incorrect email. Read the full story.
An in-depth analysis of the CESTAT Ahmedabad ruling on whether excess freight charges should be included in transaction value for calculating excise duty.
ITAT Mumbai rules in favor of a production supervisor, declaring no illegality in adopting presumptive tax under section 44AD. Full analysis of the case.
ITAT Mumbai allows the appeal by Jerry John Mendonca against the order of the Ld. CIT(A) for AY 2011-12. The ITAT imposes a cost of Rs. 5,000 on the assessee for non-compliance, to be paid to the PM Relief Fund.
Read latest notification (No. 04/2023) from Ministry of Finance, Department of Revenue, allocating jurisdiction among Competent Authorities under Benami Property Transactions Act.
Supreme Court upholds CESTAT’s interpretation of ‘Video Production Agency’ and ‘Video-Tape Production’ definitions in service tax case. Read the full judgment here.
Notification No. 30/2023–Central Tax of a special procedure for registered manufacturers engaged in manufacturing specific goods. Includes details of packing machines, records to maintain, and monthly statements
Notification of a special procedure for filing GST appeals in compliance with Circular No. 182/14/2022-GST. Applicable in the case of Union of India v/s Filco Trade Centre Pvt. Ltd.
Notification of effective dates for sections 137 to 162 of the Finance Act 2023 (except sections 149 to 154). Provisions come into force on October 1, 2023, and August 1, 2023.
