Ashkar Tovarishch
![Budget 2024-25: FM Introduces Relief Measures Limiting Reopening of Old Income Tax Returns [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/07/Budget-2024-FM-Introduces-Measures-Limiting-Reopening-Income-Tax-Returns-TAXSCAN.jpg "Budget 2024-25: FM Introduces Relief Measures Limiting Reopening of Old Income Tax Returns [Read Bill]")
Budget 2024-25: FM Introduces Relief Measures Limiting Reopening of Old Income Tax Returns [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full - budget 2024 yesterday before the parliament. has proposed significant reforms to...
![Validity of Notice u/s 148 of Income Tax Act must be Evaluated Based on Legal Framework Existing on Date of Issuance: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Income-Tax-Act-Income-Tax-Notice-Bombay-High-Court-Bombay-HC-TAXSCAN.jpeg "Validity of Notice u/s 148 of Income Tax Act must be Evaluated Based on Legal Framework Existing on Date of Issuance: Bombay HC [Read Order]")
![Budget 2024-25: More than 100 Branches of India Post Payments Bank will be set up in North-East Region, says FM [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/07/Budget-2024-budget-24-Budget-2024-insights-Budget-2024-coverage-Union-Budget-2024-Budget-2024-tax-changes-India-Post-Payments-Bank-news-IPPB-news-taxscan.jpg "Budget 2024-25: More than 100 Branches of India Post Payments Bank will be set up in North-East Region, says FM [Read Bill]")
Budget 2024-25: FM Proposes Customs Duty Reforms to Support Domestic Manufacturing, Promote Export Competitiveness, and Simplify Taxation [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full budget 2024 today before the parliament at 11 am. Underlining the Prime Minister’s vision for Viksit Bharat by 2047, FM announced a...
Budget 2024-25: FM Proposes to Reduce Corporate Tax Rate on Foreign Companies from 40% to 35% to Attract Foreign Capital [Read Order]
The Union Finance Minister Nirmala Sitharaman presented the full - budget 2024 today before the parliament at 11 am. She unveiled a proposal to reduce the corporate tax rate on foreign companies from...
Bombay HC quashes Order Refusing Delay Condonation for lapse of Communication u/s 35(7) of VAT Act, directs Fresh Hearing [Read Order]
The Bombay High Court has quashed an order refusing to condone the delay in filing an appeal due to a lapse in communication under Section 35(7) of the Value Added Tax ( VAT ) Act and has directed a...
Failure to File Return Timely: Delhi HC modifies Retrospective Cancellation of GST Registration due to Lack of Reasoning [Read Order]
The Delhi High Court has modified the retrospective cancellation of GST registration on failure to file the returns timely, citing a lack of reasoning in the impugned order. The petitioner, M/S...
![Failure to File Return Timely: Delhi HC modifies Retrospective Cancellation of GST Registration due to Lack of Reasoning [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Delhi-HC-Retrospective-Cancellation-GST-Registration-taxscan.jpg "Failure to File Return Timely: Delhi HC modifies Retrospective Cancellation of GST Registration due to Lack of Reasoning [Read Order]")
No Service Tax Payable on Income from Legal Profession: Karnataka High Court sets aside Demand Order [Read Order]
The High Court of Karnataka has ruled that income from the legal profession is not subject to service tax, setting aside a demand order issued against an advocate. The petitioner, S. Muniramaiah,...
![No Service Tax Payable on Income from Legal Profession: Karnataka High Court sets aside Demand Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Karnataka-High-Court-Service-Tax-Income-from-Legal-Profession-Legal-Profession-service-tax-Tax-on-legal-profession-taxscan.jpg "No Service Tax Payable on Income from Legal Profession: Karnataka High Court sets aside Demand Order [Read Order]")
Security Creditors Registered with CERSAI have Priority over other Debts and Taxes u/s 26E of SARFAESI Act: Bombay High Court [Read Order]
The Bombay High Court ruled that security creditors registered with the Central Registry of Securitisation Asset Reconstruction and Security Interest of India ( CERSAI ) have priority over other...
Bombay HC orders Expeditious Adjudication of SCN and Release of Seized Truck on Deposit u/s 48 of Maharashtra Land Revenue Code [Read Order]
The Bombay High Court has directed the expeditious adjudication of a Show Cause Notice ( SCN ) and the release of a seized truck on deposit of Rs.2,74,400/- under Section 48 of the Maharashtra Land...
