“View Additional Notices and Orders” Tab in GST Portal: Here’s the Reason You Should Check Daily
Being registered under the Goods and Services Tax ( GST ) system entails the responsibility of regularly monitoring the GST portal. Upon receiving notices and orders uploaded in the "View Additional Notices and Orders" tab,
Chartered Accountant Kidnapped by his Driver and Accomplices, Extorts Rs. 60 Lakhs
A Chartered Accountant was kidnapped by his driver and the accomplices. The kidnappers extorted Rs. 60 lakhs. The accountant hailed from Kandivali, filed a police complaint in the at Samtanagar police station. As per the
Labelling or Re-labelling Cartons Constitute ‘Manufacture’ under Central Excise Act for Cenvat Credit and Rebate: Supreme Court [Read Judgement]
The Supreme Court has ruled that the labelling or re-labelling or putting additional labels to the containers amounted to ‘Manufacture’ for Cenvat Credit and rebate under Central Excise Act, 1944. The apex court, by this
Recording of Satisfaction by AO before Initiating Section 153C proceedings: Delhi HC dismisses Writ Petition [Read Order]
The Delhi High Court dismissed the writ petition as there was the recording of satisfaction by the Assessing Officer (AO) before initiating Section 153C of the Income Tax Act, 1961 proceedings. The present writ petition,
Update on Multinational Accounting Firms vs Institute of Chartered Accountants of India Tussle: ICAI responds to Queries, says Action under Statutory Powers
In response to recent inquiries regarding disciplinary actions against Big 4 affiliates, the Institute of Chartered Accountants of India ( ICAI ) issued a comprehensive statement outlining its regulatory framework and commitment to fair procedures.
Understanding Compliances and Income Tax Filing of Charitable Trusts
The Income Tax Act, 1961 provides certain tax benefits to a trust that is set up for religious or charitable purposes. To guarantee compliance and maximise benefits, trustees must be knowledgeable of the subtleties of
GST Registration Cancellation Order under Challenge: Madras HC orders GSTR Filing Prior to Cancellation, Mandates Tax Dues and Interest Payment [Read Order]
The Madras High Court, given the similar issues in the Suguna Cutpiece Center case, pronounced the same judgment, ordering the petitioner to file the Goods and Services Tax Returns ( GSTR ) prior to the
Liquidator not Empowered to Decide Matters involving Claims and Counter Claims: NCLAT
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the liquidator is not empowered to decide the matters involving claims and counter claims. The appeal has been filed under
Madhya Pradesh HC dismisses petition  against Supplementary Prosecution complaint filed by ED against director of Zoom developers [Read Order]
In a recent case, the Madhya  Pradesh High Court dismissed a petition against a supplementary prosecution complaint filed by the Enforcement Directors ( ED ) against the director of Zoom Developers. Petitioner , Manjri Choudhari
Extension of time in payment by  Resolution Applicant is not modification of Resolution Plan: NCLAT
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that extension of time in payment by the resolution applicant is not modification of the resolution plan. The present appeal was filed by
Delhi HC Sets Aside CESTAT Order Citing Lack of Jurisdiction to Entertain Appeal; Directs to File Revision with Central Government under Customs Act
The Delhi High Court has nullified an order issued by the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ), citing jurisdictional constraints. The case in question involves a dispute between the Commissioner of
Delhi HC quashes Rs 2.4 Crore Tax Demand Citing Insufficient Reason for Rejection of Response to SCN: Orders Re-Adjudication and Opportunity for Further Reply [Read Order]
The Delhi High Court has quashed a tax demand amounting to Rs.2.4 crore against Mudita Express Cargo Private Limited citing insufficient reason for rejection of the response to the Show Cause Notice (SCN). The ruling
Delhi HC Invalidates Assessment Order Citing Non Consideration of Reply & Evidence; Orders Re-Adjudication with Opportunity for Filing Additional Reply & Personal Hearing [Read Order]
The Delhi High Court has invalidated an assessment order issued by the Commissioner of Delhi Goods and Service Tax ( GST ), emphasising the failure to duly consider the detailed response and evidence submitted by
Jurisdictional Powers of GST Joint Commissioner (Investigation) Enforcement Wing under Challenge: Rajasthan HC stays Coercive Actions against Petitioner
A Division Bench of the Rajasthan High Court has stayed coercive steps against petitioner as the jurisdictional powers of the Goods and Services Tax ( GST ) Joint Commissioner, (Investigation) Enforcement Wing came under challenge.
Inadequate Response to Notices Rendering Insufficient Evidence for Order; Madras High Court Remitted Matter Seeking Proper Reply to SCN [Read Order]
The Madurai Bench of the Madras High Court has remitted a matter back to the Assistant Commissioner of Income Tax citing inadequate response to the Notices rendering lack of Evidence for order. The judgment highlighted