The Enforcement Directorate (ED) in Chandigarh has attached immovable and movable assets to the extent of Rs. 82.12 Crores in the ongoing bank fraud case involving Parabolic Drugs Limited, involving assets believed to be linked

The Enforcement Directorate ( ED ) has recently carried out extensive searches under the provisions of the Foreign Exchange Management Act, 1999 ( FEMA ) at various locations associated with a shipping and logistics company.

As we step into the new financial year starting from 1st April 2024, it's crucial for businesses and taxpayers to stay informed about the latest tax regulations and compliance requirements. Here's a comprehensive guide to

The Delhi High Court set aside the order passed under section 73 of the Central Goods and Service Tax ( CGST )Act, 2017 which rejected the claim of Input Tax Credit ( ITC ) by

The Life Insurance Corporation of India (LIC) revealed on Tuesday that tax authorities have issued a demand notice amounting to approximately Rs 178 crore for underpayment of Goods and Services Tax (GST) over two financial

A Division Bench of the Orissa High Court held that, the Deduction of Tax at Source ( TDS ) by Hindustan Unilever Ltd ( HUL ) was not wrong, thereby quashing the challenge by the

The commencement of the new financial year on April 1, 2024, brings significant implications for personal finance, with several Budget proposals on income tax taking effect. Union Finance Minister Nirmala Sitharaman unveiled numerous changes during

The Income Tax Return ( ITR ) forms for the Financial Year 2023-24 has undergone significant revisions, affecting taxpayers across various categories. These changes require attention and understanding. This article provides a detailed analysis of

The Delhi High Court set aside an order cancelling Goods and Service tax ( GST ) registration without specifying cogent reasons. The Court viewed that the registration cannot be cancelled with retrospective effect mechanically. It

The Delhi High Court has held that the mere rejection of the claim of Input Tax Credit ( ITC ) by stating the reply as unsatisfactory is invalid. The Court remitted the matter to the

A Two-Judge Bench of the Supreme Court held that the proceedings under the Income Tax Act and its evidentiary value remains a matter of trial and they cannot be considered as conclusive proof for discharge

The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Commissioner of Income Tax (Appeals) [(CIT(A)] to condone the 857-day delay in filing the appeal a the assessee has given proper

The Delhi High Court held that bail against the Prevention of Money Laundering Act ( PMLA ) offence cannot be claimed as a matter of right for treatment only at a specialised hospital. The Court

The Supreme Court has held that Section 71 of the Customs Act, 1962 is not applicable where imported goods were stocked outside the notified public bonded warehouse with the permission of the designated officer. The

The Hitachi invited applications for the post of Controlling & Planning CoE Analyst Qualifications and experience A master's degree in finance and accounting or professional Qualifications ( CA or CMA or MBA finance ). Minimum 2