The Commissioner of Customs vs. Axis Shipping Agency case: CESTAT Kolkata rules issuance of show cause notice under Section 124 of Customs Act for Customs Broker license void ab initio.
Read about ITAT’s decision to allow bonus deduction under Section 43B of the Income Tax Act for Adani Power Ltd. for Assessment Year 2019-20.
Discover latest updates in International Financial Services Centres Authority (IFSCA) Guidelines for Anti Money Laundering and Counter-Terrorist Financing in 2022 and their impact on regulated entities
Explore the Helmet Quality Control Order 2023 issued by the Ministry of Commerce and Industry. Learn about standards, enforcement, and its impact.
Kerala High Court directs the release of seized cash, including demonetized 2000 Rs notes, in the T.H. Fazil vs. State Tax Officer case. Get the full details here.
In a recent case, CESTAT Ahmedabad provides relief to Bajaj Herbals, ruling that no service tax is leviable on advertising agency services provided by foreign-based service providers for marketing. Get the full details here.
The Supreme Court of India grants interim bail to an incarcerated assessee for the purpose of finalizing tax returns under the Income Tax Act and Companies Act.
Taxability of income of charitable or religious trusts: Learn about relief of the poor, education, yoga, medical relief, preservation of the environment & more.
Learn about taxation of Hindu Undivided Families (HUFs) in India. Understand HUF residential status, income computation, deductions, and tax regimes.
Explore special tax regimes for companies, individuals, and co-operatives, including rates, conditions, and exemptions. Learn how to opt in or out of these regimes.
