Gauhati High Court addresses challenges to GST notifications, questioning their legality under the CGST and SGST Acts in Barkataki Print case.
Delhi HC remands GST cancellation case for reconsideration due to portal glitch, requiring personal hearing and fresh assessment by Adjudicating Authority.
Delhi HC grants Chintamani Sharma & Sons 6 weeks to submit documents for Rs. 50 lakh DGFT penalty, citing DRI’s role in delayed submission.
Karnataka HC rules that land sale value for tax should be based on the agreement date, not registration date, under Section 50C of the Income Tax Act.
Gauhati High Court quashed a GST order issued after statutory limitation period under Section 73(10) of GST Act, deeming it without jurisdiction.
Budget 2021 came up with the insertion of section 148A of the Income Tax Act. It is a welcome section from the point of view of taxpayers. In simple terms, section 148A acts as an opportunity granted to taxpayer to explain their case before issuance of notice for reopening of assessment by the tax authorities […]
Tata Sons challenges incorrect interest calculation on refunds under Section 244A. ITAT Mumbai directs reassessment of refund and interest for AY 1993-94.
Delhi High Court addresses Ericsson’s challenge to CCI jurisdiction over Standard Essential Patents (SEPs) and royalty claims under the Competition Act.
NPS Vatsalya Scheme offers long-term financial planning for children. Parents can invest in a pension fund until the child turns 18, with a minimum contribution of ₹1,000.
ITAT Ahmedabad quashes reassessment of Specific Ceramics Ltd for FY 2008-09 due to non-issuance of mandatory notice under Section 143(2).
