New guidelines mandate virtual personal hearings under CGST and Customs Acts, with physical hearings allowed only upon request, effective November 5, 2024.
Key GST rulings on show cause notices, prosecution under IPC, SCN communication, e-way bill penalties, bank attachment limits, and assessment orders in Oct 2024.
GSTN introduces Form DRC-03A to streamline demand payment adjustments. Taxpayers can now link DRC-03 payments with outstanding demands for accurate ledger updates.
CBDT sets new monetary limits for waiver of interest on delayed tax payments under Section 220(2) of the Income Tax Act, 1961, effective 4th Nov 2024.
Supreme Court clears HDFC Bank officials of liability for allowing locker operation, quashes FIR due to lack of fraudulent intent and mens rea.
Supreme Court rules that royalty on advertisement hoardings by Patna Municipal Corporation cannot be equated with a tax. Case clarifies royalty vs. tax distinction.
Supreme Court clarifies that while Aadhar can establish identity, it is not definitive proof of date of birth in Saroj & Ors. Vs IFFCO-TOKIO case.
Delhi High Court rules temporary business suspension due to health does not justify GST registration cancellation for M/s Maha Kuber Garments.
The Supreme Court of India examines whether intoxicating liquors includes industrial alcohol, impacting state legislative powers.
ITAT Mumbai rules that shares bought off-market and later sold on stock exchanges with proof of genuine transactions cannot be treated as unexplained income.
