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 ...

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 ...

Calcutta High Court remands a GST Input Tax Credit reversal case, setting aside previous orders due to factual disputes and lack of proper ...

Calcutta High Court stays reassessment proceedings against Unisource Hydro Carbon Services, highlighting the need for affidavits and potential natural justice ...

The Kerala High Court ruled that government sanction is not required to prosecute police officers for custodial torture, as such acts are outside official ...

Delhi High Court sets aside GST show-cause notice against Thales India regarding tax liability on seconded employees, citing CBIC circular and prior judicial ...

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

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 ...

Delhi High Court upholds CIT(A) decision, allowing Section 80JJAA and prior period expense deductions for International Tractors Ltd., overturning ITAT ...