Income Tax Department conducts searches in Odisha
The Income Tax Department has carried out search and seizure operations on 03/12/2020 in the case of a Group involved in the manufacturing and...
![No GST applicable on the amount credited to H.P. Tourism Development Board by Govt. of H.P., as grant in aid or financial assistance: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-H.P.-Tourism-Development-Board-Govt.-of-H.P-financial-assistance-AAR-Himachal-Pradesh-AAR-Taxscan.jpg "No GST applicable on the amount credited to H.P. Tourism Development Board by Govt. of H.P., as grant in aid or financial assistance: AAR [Read Order]")
![Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Madras-High-Court-Customs-Dept-refund-of-EDD-amount-interest-rate-EDD-Taxscan.jpg "Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]")
![GST Evasion: Rajasthan High Court grants Bail to person accused of creating fictitious firms and committed fraud to tune of Rs. 22 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-Evasion-Rajasthan-High-Court-Bail-fictitious-firms-fraud-Taxscan.jpg "GST Evasion: Rajasthan High Court grants Bail to person accused of creating fictitious firms and committed fraud to tune of Rs. 22 Cr [Read Order]")
CA Exams: ICAI notifies Change of Examination Centres for Foundation Examination in the State of Kerala
The Institute of Chartered Accountants of India (ICAI) notifies Change of Examination Centres for Foundation Examination in the State of Kerala. The ICAI informed that due to Local Elections in...
Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]
The National Company Law Tribunal (NCLT) held that the benefit of the amendment under Clause 12 of Schedule-I of the Liquidation Regulation can not be granted retrospectively. The Applicant, Mr....
![Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/amendment-balance-consideration-bidder-NCLT-Taxscan.jpg "Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]")
Licensee’s duty to clear off Goods after cancellation of license within 7 days: Madras HC directs Clearance of Goods lying in Warehouse
The Madras High Court while directing the petitioner to clear the goods lying in the Warehouse held that it is a licensee’s duty to clear off goods after the cancellation of the license within 7...
GST: Delhi District Court refuses to grant bail to person accused of wrongfully availing ITC of more than Rs.10 Cr [Read Order]
The Delhi District Court refused to grant bail to a person accused of wrongfully availing Input Tax Credit (ITC) of more than Rs.10 Crores. The accused, Raghav Aggarwal is proprietor of M/s Dreams...
![GST: Delhi District Court refuses to grant bail to person accused of wrongfully availing ITC of more than Rs.10 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-Delhi-District-Court-grant-bail-wrongfully-availing-ITC-Taxscan.jpg "GST: Delhi District Court refuses to grant bail to person accused of wrongfully availing ITC of more than Rs.10 Cr [Read Order]")
![RBI now empowered to restrict Export or Import of Currency [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/12/RBI-import-of-currency-Foreign-Currency-Taxscan.jpg "RBI now empowered to restrict Export or Import of Currency [Read Notification]")