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Supreme Court Dismisses 558-Day Delayed SLP, Imposes Rs. 50,000 Cost on CIT

Supreme Court Dismisses 558-Day Delayed SLP, Imposes Rs. 50,000 Cost on CIT The Supreme Court of India dismissed the Special Leave Petition filed by the...

GST ITC on Breakwater Construction Denied Again; Matter Remanded but Ruling Stays Against Konkan LNG

GST ITC on Breakwater Construction Denied Again; Matter Remanded but Ruling Stays Against Konkan LNG The company, M/s. Konkan LNG Private Limited (applicant), has filed...

HC Upholds restricting disallowance to 6% instead of 100% in Bogus Purchase Case

HC Upholds restricting disallowance to 6% instead of 100% in Bogus Purchase Case The High Court of Gujarat has dismissed a tax appeal filed by...

Interest on Income Tax Refund a Legal Right; Denial Permissible Only if Assessee Caused Delay: HC

Interest on Income Tax Refund a Legal Right; Denial Permissible Only if Assessee Caused Delay: HC The Delhi High Court in a recent case has...

High Court Rules Foreign Tax Credit Cannot Be Denied Merely for late filing of Form 67

High Court Rules Foreign Tax Credit Cannot Be Denied Merely for late filing of Form 67 The Delhi High Court held that the Foreign Tax...

RBI Revises ECB Reporting Framework under FEMA Master Direction: New Return Forms Notified

RBI Revises ECB Reporting Framework under FEMA Master Direction: New Return Forms Notified The Reserve Bank of India (RBI) has released an official circular ,...

CA Penalised for Accepting Audit Assignment Without Mandatory Communication with Existing Auditor

CA Penalised for Accepting Audit Assignment Without Mandatory Communication with Existing Auditor The Institute of Chartered Accountants of India (ICAI) Board of Discipline has held...

GSTAT Sees Strong Progress as Over 1,200 Appeals Filed Online, Highlighting Portal Efficiency

GSTAT Sees Strong Progress as Over 1,200 Appeals Filed Online, Highlighting Portal Efficiency The Goods and Services Tax Appellate Tribunal (GSTAT) is consistently progressing in...

ITAT Holds Section 80G Registration Cannot Be Denied for Incidental Religious Activities

ITAT Holds Section 80G Registration Cannot Be Denied for Incidental Religious Activities The ITAT Delhi allowed a Charitable Trust’s appeal, holding that 80G registration cannot...

ITAT Quashes Penalty for Breaching Principles of Natural Justice; Remands Case for Fresh Adjudication

ITAT Quashes Penalty for Breaching Principles of Natural Justice; Remands Case for Fresh Adjudication The ITAT in a recent case has held that every taxpayer...

West Bengal AAR Clarifies GST Classification of Medical Disposables Manufactured by Company

West Bengal AAR Clarifies GST Classification of Medical Disposables Manufactured by Company The company, Hi Care Remedy Private Limited (applicant), has filed an application dated...

ITAT Remands Ex-Parte Search Assessments with Opportunity to Represent and Imposes Rs. 5,000 Cost

ITAT Remands Ex-Parte Search Assessments with Opportunity to Represent and Imposes Rs. 5,000 Cost The Income Tax Appellate Tribunal (ITAT) Delhi remanded ex parte assessment...

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