The Madras High Court has quashed GST Notification 56/2023, ruling it illegal for extending time limits without valid justification and reviving time-barred ...

Jharkhand High Court held that order passed u/s. 74 of the Jharkhand Goods and Services Tax Act no reasons whatsoever have been assigned for agreeing with the order passed by the Assessing Authority.

A Punjab and Haryana High Court ruling mandates a customs duty refund and ₹50 lakhs compensation for perishable goods that were obstructed and ...

ITAT Jaipur quashes ₹1.5 crore addition against Amar Partap Steels, ruling that uncorroborated statements cannot prove bogus ...

Madras High Court held that recovery of availed duty drawback beyond period of three years from the date of respective shipment is barred by limitation. Accordingly, it is directed to reconsider the ...

Supreme Court held that the commercial wisdom of the CoC must, accordingly, be given primacy during the CIRP. Once CoC decides that retention of the possession of the subject property was not in the ...

Madras High Court has instructed NCLT to file detailed counter as NCLT has proceeded to appoint the Interim Resolution Professional [IRP] different from that suggested by Corporate Debtor ...

This analysis compares AS 24 and Ind AS 105 for discontinuing operations, examining their role in financial reporting, the ...

An overview of India's Income Tax Act, 1961, explaining key concepts like direct and progressive taxation, the five heads of ...

The ITAT Ahmedabad ruled in favor of an agriculturist, holding that once the assessee provides primary evidence for cash deposits, the burden shifts to the Revenue to provide contradictory ...

The ITAT Ahmedabad deleted a Rs. 26.49 lakh addition, ruling that foreign remittances into an NRE account were a valid source for a property ...

The Customs Authority for Advance Rulings (CAAR) in Mumbai has opted not to issue a ruling on the classification of processed supari, citing a pending ...