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Defunct Business Unable to Provide Alternate Storage for Goods Post Lease Expiry: Calcutta HC Directs GST Authorities to Repossess Goods [Read Order]

The Calcutta High Court recently directed the Goods and Services Tax (GST) authorities to seize goods held by a defunct business in a leased godown...

Defunct Business Unable to Provide Alternate Storage for Goods Post Lease Expiry: Calcutta HC Directs GST Authorities to Repossess Goods [Read Order]

GST Appeal Once allowed Cannot Be Recalled u/s. 161 Merely Due to Pending SLP before Supreme Court:...

₹50 Crore Investment Scam: Punjab & Haryana HC Rejects Anticipatory Bail Plea of HR Manager Accused...

GST Appellate Authority cannot Remand case back to Adjudicating Authority: Allahabad HC sets aside...

SCN Issued u/s 74 of GST Act Despite Return Filed: Patna HC sets aside Orders [Read Order]

Should You Mix Investment with Insurance Plans?

How the Maruti Suzuki Swift Has Evolved Across Generations in India

How Term Insurance Helps You Save on Taxes?

Splitting the Jackpot: Tax Implications of Joint Lottery Winnings and Subsequent Gifting

Defunct Business Unable to Provide Alternate Storage for Goods Post Lease Expiry: Calcutta HC Directs GST Authorities to Repossess Goods [Read Order]

GST Appeal Once allowed Cannot Be Recalled u/s. 161 Merely Due to Pending SLP before Supreme Court: Allahabad HC [Read Order]

GST Appellate Authority cannot Remand case back to Adjudicating Authority: Allahabad HC sets aside order against Law Firm [Read Order]

SCN Issued u/s 74 of GST Act Despite Return Filed: Patna HC sets aside Orders [Read Order]

IDP Education India’s Service to IDP Australia is ‘Export,’ Not ‘Intermediary’: Rajasthan HC Orders Refund of IGST [Read Order]

CBDT Grants Income Tax Exemption to Ghaziabad Development Authority [Read Notification]

Tamil Nadu Electricity Regulatory Commission exempted from Income Tax u/s 10(46A), CBDT Notifies...

Income Declared During Survey is Taxable as Business Income u/s 28, Not Under Unexplained Income...

Agricultural Receipts Treated as Unexplained Income u/s 68: ITAT Grants Opportunity to Substantiate...

‘More than 7 crores ITR Filed’: Income Tax Dept expresses Gratitude to Taxpayers and Professionals

Setback for Pondicherry Engineering College: CESTAT Upholds Service Tax on Technical Testing & Analysis Services, Penalty Waived [Read Order]

Relief to Confident Projects: Supreme Court dismisses Dept’s appeal against CESTAT Ruling quashing Service tax on Construction of Complex Services for Lack of Merits [Read Judgement]

Cenvat Credit Admissible on Service Tax Paid on "Manpower Supply Service”, Qualify as Input Service: CESTAT [Read Order]

Liability to Pay Service Tax under Reverse Charge for Foreign Services: CESTAT Rules No Liability Post 1st July 2012 [Read Order]

CENVAT Credit on Sub-Contractor’s Services Denied as Not Input for Cement Manufacture: CESTAT Upholds Service Tax Demand on Mining Services [Read Order]

Failure to Endorse ‘No CENVAT Credit Admissible’ on Commercial Invoices Is Only a Procedural Lapse: CESTAT Grants SAD Refund [Read Order]

Depreciation on Capital Goods under EOU Scheme Allowed Only up to Date of Debonding, Not Till Duty Payment: CESTAT [Read Order]

Services to IIMs and XLRI Are Educational Support, Not ‘Commercial Training and Coaching’ : CESTAT [Read Order]

CESTAT Holds CAs’ Executory Services Outside Scope of ‘Management Consultancy’, Export and Out-of-Pocket Expenses Not Taxable [Read Order]

Rule 3(5) of CCR Mandates Reversal Only on Inputs/Capital Goods Cleared ‘As Such’, Not on Input Service Credit Like Transportation: CESTAT [Read Order]

CENVAT Credit Admissible on Services Used for Setting up and Administering First Aid in Factory: CESTAT [Read Order]

CENVAT Credit Admissible Once Service Tax is Paid and Supported by Valid Invoice, Irrespective of Whether Paid by Provider or Recipient: CESTAT [Read Order]

Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]

Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4...

NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1...

NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt...

Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC...

Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court...

MCA Reminder for OPCs: File Form AOC-4 Before this Due Date

E-Way Bill System Under GST: Know Penalties and Consequences of Non-Compliance

Auditing Cryptocurrency? know the basics and How to Report It

Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

55th GST Council Meeting Recommendations: All You Need to Know

GST on Intermediary Services- Gamut of Clarifications and Litigations!!

Why and How Political Parties Get Income Tax Exemption?

How can Freelancers manage their Income by Optimising Income Tax?

Top Global Accounting Scandals Impacted Reputation of Big Accounting Firms

Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default Due and Payable Beyond IBC Section 4(1) Threshold [Read Order]

Corporate Debtor Defaults in Repayment of Financial Debt over Minimum Threshold of Rs. 1 crore u/s 4...

NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1...

NCLT Admits Application of IDBI Bank u/s 7 of IBC as Corporate Debtor Acknowlegdes OTS on Due Debt...

Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC...

₹50 Crore Investment Scam: Punjab & Haryana HC Rejects Anticipatory Bail Plea of HR Manager Accused of Luring Funds of Employees and Public [Read Order]

DGGI Lacked Jurisdiction to Invoke S. 74 against NCS Pearson Amidst Pending Writ on Taxability of GMAT Type-III Tests under ODAIR Services: Karnataka HC Quashes SCN [Read Order]

Contractual Dispute Cloaked as Cheating: Orissa HC Grants Anticipatory Bail to Liquidator Citing Pending IBC Proceedings [Read Order]

Relief for Rayban: Rajasthan HC quashes CENVAT refund rejection, directs payment of ₹16.89 lakh with 12% interest [Read Order]

Act of Forfeiting EMD of Rs. 2 Crore Deposited by Kineta Global Limited is beyond Terms of Process Documents: IBBI suspends Registration of IP for Period of 1 Year [Read Order]

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