CESTAT Allahabad held that condition for furnishing Bank Guarantees for star export houses has been relaxed by Circular No.

Delhi High Court upholds a ₹285 crore penalty against a GST consultant involved in a large-scale fake Input Tax Credit (ITC) ...

Supreme Court ruled that property registration alone doesn't grant legal ownership, emphasizing due diligence, full payment, ...

As Income Tax Department initiates scrutiny for Assessment Year (AY) 2024–25, many taxpayers are receiving notices under Section 143(2) of Income Tax Act, 1961. If you've received one, don’t panic—but ...

RBI allows scheduled commercial banks to use CareEdge Global IFSC Limited ratings for risk weighting non-resident corporate claims at IFSCs under Basel III capital ...

India's customs department has revised import policy for iridium, osmium, and ruthenium alloys containing over 1% gold by weight, classifying them as ...

Allahabad High Court overturns GST penalty on Anchor Health for e-way bill date mismatch, ruling no tax evasion in inter-branch stock ...

The Bombay High Court has ruled that adjudication orders merely copying show cause notice content are invalid, emphasizing the need for independent application of mind and consideration of taxpayer ...

The concept of actionable claims to tax professionals in this decade is the same as concept of works contract was to tax professionals of 1970s. Unclear, uncharted and mysterious. In this article, an ...

Karnataka High Court held that non-commercial educational signage is not covered within the Karnataka Municipal Corporation Act, 1976 and hence advertisement tax u/s. 134 not leviable on the ...

Understand Section 43 of the IBC, covering preferential transactions, antecedent debt, look-back periods for related and ...

Delhi ITAT upholds non-taxability of Converteam Group's support services, affirming "make available" clause applicability via MFN protocol in India-France ...