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

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

Introduction: The Appeal of Freebies In a Reserve Bank of India report in 2022, freebies have been defined as “a public welfare measure that is provided free of charge”. It adds that freebies are different from public/merit

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

In a significant ruling, the High Court of Jharkhand held that the lethargic approach of filing appeal under section 107 of Central Goods and Service Tax (CGST), Act 2017 before the appellate forum after a delay

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

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 3, 2024 to November 9, 2024. Reassessing Imported Goods Value using Existing

This weekly roundup analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from October 12th, 2024, to October 19th, 2024. SC grants Bail to Hyderabad Businessman in Money

In a notable decision, the Jharkhand High Court has granted bail to the accused in a case involving an alleged ₹54.33 crore fraudulent Input Tax Credit ( ITC ) scam under the Goods and Services

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) vitiated the claim of depreciation by an Assessee on a Toll Road constructed by them under Build,Operate and Transfer ( BOT ) basis,

This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at taxscan.in, from September 29, 2024 to October 03, 2024. CESTAT Rejects Reclassification of Wooden Log

“Immediate steps must be taken by Revenue to upgrade software”: Supreme Court slams Dept & CBDT for Demand of Rs. 62.85 Lakh Excess Surcharge on Income Tax [Read Judgement] The Supreme Court recently addressed the

The government aims to make all benches of the GSTAT operational by the end of November, in an effort to address the growing backlog of GST-related disputes at the appellate level, according to a senior

In a recent case before Jharkhand High Court an appeal is disposed of ruling against the clubbing of clearance values of proprietorship and Pvt Ltd Company for the purpose Excise Duty Assessment. The petitioner Commissioner