Bombay HC quashes Ugar Sugar Works reassessment order, remanding the case for fresh consideration, ensuring objections are properly addressed.
Andhra Pradesh High Court rules on GST penalties, emphasizing willful suppression of facts under Section 74 of the CGST Act in Sriba Nirman Company case.
In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires filing of multiple returns by the taxpayer.
Explore corporate tax reforms expected in Union Budget 2025-26, including CSR deductions, TDS rationalization, MSME payment rules, and start-up incentives.
ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries until February 5, 2025.
Book Identification Number (BIN) is a unique ID for tracking TDS/TCS payments by government offices, generated when filing Form 24G for challan-free deposits.
Join us for an insightful session with CA Bikash Bogi, a seasoned tax expert with over 15 years of practical experience, as he breaks down the key direct tax amendments proposed in the Union Budget 2025.
Calcutta HC ruling clarifies that retrospective cancellation of suppliers’ GST registration does not invalidate recipient’s claim to Input Tax Credit (ITC).
Allahabad HC quashes GST registration cancellation order, citing violation of natural justice due to differing grounds in show-cause notice and final order.
Supreme Court rules that company employees cannot be held liable for GST fraud penalties under Sections 122(1-A) & 137. Case against Maersk employee dismissed.
