Taxscan | Simplifying Tax Laws

GST Rate Changes and Slab Restructuring: CBIC issues Second Set of FAQs [Read Order]

The CentralBoard of Indirect Taxes and Customs (CBIC) has issued the second set of Frequently Asked Questions (FAQs) providing clarity on GST rate...

GST Rate Changes and Slab Restructuring: CBIC issues Second Set of FAQs [Read Order]

Consumers Beware! “Old Stock, Old GST Rates” is a LIE that You Should Not Fall For

Supreme Court Orders CBI Probe Into Advocate’s Degree After University Declares It Forged [Read...

Income Tax Dept Busts ₹20,000 Crore Gold Laundering Racket in Hyderabad

Customs Seizure 3 km Away from India-Bangladesh Border: CESTAT Cites Contradictions in SCN, Orders...

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

GST Rate Changes and Slab Restructuring: CBIC issues Second Set of FAQs [Read Order]

Consumers Beware! “Old Stock, Old GST Rates” is a LIE that You Should Not Fall For

Authorities Cannot Retain Petitioner’s Funds After 10% Pre-Deposit u/s 107 of APGST Act: AP HC Directs Refund Subject to Undertakings [Read Order]

Fake ITC Claim of Over ₹40 Crore under CGST Act: Chhattisgarh HC Grants Bail noting Prolonged Custody and Pending Trial [Read Order]

GST Credit Note on Returned Goods: Applicable Rate is Original Invoice Rate, not the Revised One

Income Tax Dept Busts ₹20,000 Crore Gold Laundering Racket in Hyderabad

Income Tax launches Probe into Marico Empire Amid Nationwide Tax Compliance Scrutiny

ITAT Reduces Addition on Unexplained Investment to ₹1.32 Lakh, Grants ₹6.5 Lakh Relief Considering...

Income Tax Appeal on Demand Notice issued Pending before ITAT: Calcutta HC Directs to dispose...

One-Day Delay in Filing Form 10B: ITAT Condones Delay and directs to Allow Charitable Trust Claim...

Lack of Verification: ITAT sets aside Service Tax Disallowance Order u/s 43B and directs Fresh Adjudication [Read Order]

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]

Customs Seizure 3 km Away from India-Bangladesh Border: CESTAT Cites Contradictions in SCN, Orders Release of ₹15 Lakh [Read Order]

Challenge on Application filed u/s 35-C(2) of the Excise Act: Bombay HC blames for Wasting Judicial time for no valid reason [Read Order]

Customs Duty on Bulk Liquid Imports to Be Based on Shore Tank Quantity: CESTAT Directs Apply Relevant Laws at Time of Import If Data is Missing [Read Order]

FinMin Issues 3 Customs Notifications: Revises Duty Rate, Expands Defence Exemptions, and Extends IGST Relief [Read Notification]

Mumbai Customs approaches Supreme Court over Reliance Cisco IP Phone Import Duty Disputes

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]

MCA Invites Public Comments on Establishing Multi-Disciplinary Partnership Firms [Read Memorandum]

NCLT Allows Liquidation of Phalcom Infra Solutions Pvt Ltd [Read Order]

Facing OTP Issues? MCA Introduces IVR System for Foreign Directors to Ease DIR-3 KYC Filing

Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default...

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...

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

MCA Invites Public Comments on Establishing Multi-Disciplinary Partnership Firms [Read Memorandum]

NCLT Allows Liquidation of Phalcom Infra Solutions Pvt Ltd [Read Order]

Facing OTP Issues? MCA Introduces IVR System for Foreign Directors to Ease DIR-3 KYC Filing

Corporate Applicant’s Own Petition under IBC S. 10 Admitted: NCLT Initiates CIRP on Finding Default...

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

Supreme Court Orders CBI Probe Into Advocate’s Degree After University Declares It Forged [Read Judgement]

Single Judge Cannot Dismiss CST & VAT Writs for Alternative Remedy Once Division Bench Remits Decision on Merits: Chhattisgarh HC [Read Order]

State Cannot Retrospectively Withdraw Purchase Tax Subsidy, Sugar Mills Entitled to Full Five Years: Madras HC [Read Order]

Supreme Court Affirms Auction Proceeds Cannot Be Taxed as Storage/Warehousing Services, Rejects Revenue Review [Read Judgement]

Courts Cannot Review if AO has Enough Material to Reopen Assessment: Delhi HC [Read Order]

CA, MBA Opportunities at Kotak

CA Opportunities at Deloitte

MBA Opportunities at Kotak

Financial Controller Vacancy at JP Morgan Chase

Get news delivered to your in-box. Subscribe to our newsletter.