The case was remanded by court to the original authority for fresh adjudication, with instructions to consider all submitted documents and provide a reasoned decision within three months. In a significant ruling, the Allahabad High Court has held that the …
This judgment sets a crucial precedent, ensuring that businesses across India are not unfairly restricted from obtaining GST registration in different states. The Andhra Pradesh High Court has ruled that authorities cannot refuse GST registration solely because the applicant belongs …
This ruling of Madras High Court underscores the importance of natural justice in GST assessments and provides taxpayers an opportunity for fair representation. In a significant ruling, the Madras High Court has granted a final hearing in the case of …
Taxpayers can challenge SCNs from unauthorized authorities by invoking Section 6 of the CGST Act and responding diligently to such adjudications. The introduction of the Goods and Services Tax (GST) in India in 2017 aimed to streamline indirect taxes by …
Latest Updates on Income Tax, GST & Corporate Law: 8 February 2025 Income Tax Update-1: The Union Cabinet on Friday approved a new Income Tax Bill aimed at simplifying the tax system without introducing new taxes. The Union Cabinet on …
Latest Updates on Income Tax, GST & Corporate Law: 7 February 2025 Income Tax Update-1: Cabinet may approve new Income Tax Bill on Friday i.e. 7th Feb The Union Cabinet may approve the new Income Tax Bill on Friday, paving …
Recent Updates on Income Tax, GST & Corporate Law: 6 February 2025 Income Tax Update 1: CBDT order for sharing information on Income Tax payers to the Department of Foods & Public Distribution The Central Board of Direct Taxes (CBDT), …
The decision of Kerala High Court is in line with the broader principle that procedural errors without revenue loss should not attract punitive action. The Kerala High Court, in the case of Maruthengal Moideen & Ors. v. State Tax Officer …
Latest Updates on Income Tax, GST & Corporate Law: 3 February 2025 Income Tax Update 1: New Scheme to ALP on International Transactions for a Block Period of 3 years In the budget 2025, the finance minister proposed a new …
Earlier, a division bench of the Orissa High Court had mandated that assessees must deposit 10% of the disputed tax amount to file an appeal. Additionally, to obtain a stay on the order, taxpayers were required to deposit 20% of …
Recent Updates on Income Tax, GST & Corporate Law: 31 January 2025 Income Tax Update-1: New SMS campaign by the Income Tax Department to warn taxpayers about political donations claim The Income Tax Department has issued a cautionary message to …
Recent Updates on Income Tax, GST, and Corporate Law – 29 January 2025 Income Tax Update 1: CBDT Notification No. 10/2025 – Key Amendments for Venture Capital Funds, Finance Companies, Retail Schemes, and ETFs in IFSCs The Ministry of Finance, …
Recent Updates on Income Tax, GST & Corporate Law: 28 January 2025 Income Tax Update 1: SBI Research Suggests for Flat 15% Tax on FD Interest & Delinking it from Highest Income Slab SBI Research says tax on fixed deposits …
Recent Updates on Income-tax, GST & Corporate Law – January 27, 2025 Income-Tax Update-1: A Sukanya Samriddhi account can be opened by the guardian immediately after the girl child’s birth until she turns 10 years old. The scheme is exclusively …
Latest Updates on Income-Tax, GST & Corporate-Law: January 26, 2025 Income-Tax Update-1: The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT), in the case of Bosch Automotive Electronics, held that the failure to prove benefit alone cannot be accepted …
The court cautioned the authorities to exercise extreme care in future arrests, ensuring compliance with legal procedures. In a significant ruling, the Bombay High Court accepted the unconditional apology submitted by Goods and Services Tax (GST) Department officials for arresting …
GST Instruction No. 1/2025: Guidelines for Arrest & Bail As a critical update to Instruction No. 2/2022-23 GST (Investigation) dated 17 August 2022, the GST Investigation wing has released fresh guidelines regarding arrest and bail for offences punishable under the …
Multiple GST Notifications on 16 January 2025 Introducing Significant Changes in GST Rates, Exemptions & RCM The Central Board of Indirect Taxes and Customs (CBIC) has issued multiple notifications dated January 16, 2025, implementing the recommendations of the GST Council. …
The AAR ruled that the supply of food by the petitioner constitutes a standalone service outsourced by the hospital and is not directly associated with providing healthcare services. In a significant ruling, the West Bengal Authority for Advance Ruling (AAR) …
The High Court highlighted that the commissions’ statutory functions do not align with the definition of ‘business’ under Section 2(17) of the CGST Act. In a landmark judgment, the Delhi High Court has ruled that fees collected by the Central …