CESTAT Kolkata quashes Excise Duty demand on Super Smelters Limited for non-maintenance of separate accounts for input services used in exempted trading activities. Analysis and implications.
Read about latest tax rate amendments in Union Territories vide Notification No. 20/2023- Union Territory Tax (Rate), effective from October 20, 2023.
Explore the latest tax rate amendments in Notification 17/2023 by the Ministry of Finance, Government of India, effective from October 20, 2023
Discover the amendments introduced by Notification 13/2023 on Union Territory tax rates. Effective from October 20, 2023, with illustrative examples
Confederation of All India Traders urges Election Commission to ensure safe cash transport during elections in 5 states. Protecting legitimate traders’ assets.
Discover how the Draft CCI Lesser Penalty Regulations, 2023, may promote competition compliance and encourage full cartel disclosures in India’s market.
CCDs allotment- Not Filing of PAS-3 & PAS-4 & Non-maintenance of Separate Bank account- MCA Imposes Penalty of Rs. 2,07,56,000/-. In a recent development, the Ministry of Corporate Affairs (MCA), under the Government of India, has imposed a penalty on M/s. Viraj Profiles Private Limited for violations of Section 42 of the Companies Act, 2013. […]
CESTAT Ahmedabad grants relief to Intas Pharmaceuticals, ruling that Customs Duty benefit cannot be denied to a loan licensee importer. Details of the case here.
Delhi High Court’s landmark judgment in CIT vs. Deloitte Touché Tohmastu clarifies mutuality doctrine, impacting taxation of entities. Analysis of key principles and implications.
In the case of Kanav Metals vs. ITO, ITAT Delhi rules that there can be no protective addition in the absence of a substantive addition. Read the full analysis.
