The case began with a show-cause notice issued on January 19, 2024, which outlined the grounds for the cancellation of Limton Metals’ GST registration under the Central Goods and Services Tax Act, ...

The Income Tax Appellate Tribunal (ITAT) overturned the ruling, pointing out that the company had already exercised its option for the lower tax rate in AY 2020-21 by filing Form 10IC, and this option ...

In a significant ruling, the Calcutta High Court addressed the issues of interest and penalty in the context of Input Tax Credit (ITC) in the case of Utpal Das Vs State of West Bengal & Ors. The ...

In the case of Hariyana Ship Demolition Pvt Ltd Vs Commissioner of Custom-Jamnagar (PREV), the CESTAT Ahmedabad ruled that oil contained in the bunker tanks of vessels imported for breaking is to be ...

Central Board of Direct Taxes (CBDT), through Circular No. 10/2024 dated 29th September 2024, has extended the deadline for ...

The Informants, Vande Mataram Cable TV Network and Jaipal Singh Gulati, accused several entities, including the Union of ...

Despite these submissions, the respondent, Assistant Commissioner (ST), dismissed the petitioner’s clarifications as ...

As Indian tax authorities become more vigilant about offshore tax arrangements, the (POEM) strategy has gained prominence. The POEM rule, introduced under the Indian Income Tax Act, determines the tax ...

While arriving from the Book Profit to the Taxable Income, assessee has to adhered to various sections contained under Income-tax Act relating to allowance and disallowance of expenditure or income ...

The International Securities Identification Number (ISIN) is a universally recognized number that is used for identification of securities. Need of introduction of ISIN to a standardized ...

In a landmark development for corporate acquisitions and delisting in India, the Securities and Exchange Board of India (SEBI) has introduced Regulation 5A under the SEBI (Substantial Acquisition of ...

In view of the categorical finding recorded in paragraph 13 of the impugned judgment and in the facts of the case, no case for interference is made out in exercise of our jurisdiction under Article ...