This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at Taxscan.in during 2024. Change of Opinion is not reason to believe

75% Gross Profit Earned from Indian Operations: Delhi HC upholds Direction of the AO to Adopt Attribution Rate of Revenue THE COMMISSIONER OF INCOME TAX vs TRAVELPORT GLOBAL DISTRIBUTION SYSTEMS B.V 2024 TAXSCAN (HC) 192 Delhi

The Delhi High Court recently held that allegations of clandestine removal of goods to evade taxes must be supported by concrete evidence rather than presumptions or assumptions. The division bench, comprising Justices Yashwant Varma and

Penalties under the Central Excise Rules, 2002 are imposed for non-compliance with various provisions of the Central Excise Act, 1944. It was aimed to prevent evasion of duties, and maintain discipline in excise administration. Penalty

The  New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that section 43 of the code can be attracted only when the transaction in question is made by the corporate debtor

The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that a liquidator does not create sub-leases over public land without adhering to the statutory requirements. Further ruled that Section

This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week 30th November 2024 to 6th December 2024. Enormous Delay of 1788 Days

This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at Taxscan.in during 2024. Confiscation of Digital Multifunction Equipment due to Non-payment

The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that liquidators can recover the amount of the corporate debtor by filing an application under section 60(5)(c) of theInsolvency and

This Annual round-up analytically summarizes the key Indirect Tax-Goods and Services Tax rulings of the Authority for Advance Rulings (AAR) and Appellate Authority for Advance Ruling (AAAR) reported at Taxscan.in during 2024. GST ITC Claims

This annual round-up analytically summarises the key Goods and Services Tax Advance Rulings of the Authority for Advance Rulings (AAR) and Appellate Authority for Advance Ruling (AAAR) reported at Taxscan.in during 2024. GST leviable on

This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at Taxscan.in during 2024. Delhi HC directs to initiate GST Proceedings only

This weekly roundup analytically summarizes the key stories related to the Supreme Court and the High Court reported at Taxscan.in from 24th November 2024 to 29th November 2024. No Legal Action against GST Officers Acting

This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at taxscan.in, from November 24, 2024 to November 30, 2024. AA not properly verify details before

The Goods and Services Tax Regime was brought into force on 1 July, 2017, as a means to unify the highly fragmented indirect taxation system in India. The erstwhile indirect taxation system contained numerous state