Business Support Services to Overseas Group Company Qualify as Export, Not Intermediary Services: CESTAT Chandigarh
CESTAT held business support services provided to an overseas entity were exports under Rule 6A, not intermediary services, and allowed CENVAT credit refund.
CESTAT Upholds GAR-7 Challan as Valid Document for Availing CENVAT Credit
Defective PSIC Alone Cannot Justify Confiscation of Imported Scrap: CESTAT Chandigarh
Post-Inspection Revised Return Cannot Shield Dealer from Sales Tax Penalty: Madras HC
NCLT Sanctions Amalgamation of Indo Bevs with Indospirit Beverages After Creditor Approval
Books Can’t Be Rejected Merely for Profit Decline or No Stock: SC
ITAT Upholds Denial of Section 10(38) Exemption on SRK Industries Shares
ITAT Deletes Section 68 Addition on Recorded Cash Sales During Demonetisation
ITAT Deletes Section 69A Addition on Demonetisation Cash Deposits From Recorded Jewellery Sales
SC Allows Recovery Suit Against Principal Borrower Despite IBC Moratorium on Guarantors
IRDAI Directs Timely Submission of SCNs & Documents to Insurance Ombudsmen
Developer Cannot Delay Conveyance to Society Over Future FSI: Bombay HC
Framework for Responsible Use of LLMs in Tax & Compliance Practice
CESTAT Allows Classification of Imported Quicklime Under CTH 2522 10 00
CESTAT Kolkata Sets Aside MOOWR Interest Demand, Intended Use of Capital Goods Is Sufficient
Karnataka HC Directs CISF to Provide Complete Airport CCTV Footage to Petitioner
Quick Lime Held Classifiable Under CTH 2522, Duty Demand Set Aside: CESTAT Kolkata
ICSI Invites Online Applications for 20 Executive Assistant Posts Across India
ICAI Board Reprimands CA for Client Solicitation and Audit Ethics Breach
Work in Progress Verification: Why WIP Is Blind Spot in Inventory Control
ICAI Board Reprimands CA for Client Solicitation & Questioning Successor’s Competence
ITAT Quashes ₹2.74 Crore Section 68 Addition on Cash Deposits Supported by Books
ITAT deleted the Section 68 addition on ₹2.74 crore cash deposits, holding that recorded sales, audited books, VAT records and stock details explained the…
ITAT Deletes Section 68 Addition on Recorded Jewellery Cash Sales
ITAT deleted the Section 68 addition on ₹80 lakh cash deposits, holding that audited cash sales recorded in books could not be taxed again…
Trade Advances Converted into Sales Cannot Be Taxed Under Section 68: ITAT Chennai
ITAT Chennai held that trade advances subsequently converted into recorded sales cannot be treated as unexplained cash credits under Section 68. It upheld deletion…
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
Adv Akruti Goyal, a practicing CA handling GST compliance from 2015-2021. Qualified as a lawyer in…
Ajay Kumar Agrawal FCA, a science graduate and fellow chartered accountant in practice for over 26…
