The Madras High Court directed the refund of the recovered amount as the proper officer failed to explain the reason for recovering the amount under Section 78 of Tamil Nadu Goods and Services Tax, 2017

The Madras High Court recently overturned a Goods and Services Tax ( GST ) order, requiring a pre-deposit of 10%. The order had confirmed the tax liability based on alleged wrongful availment of Input Tax

In a recent ruling, the Madras High Court condoned the delay of 927 days. The court considered the failure to file the Income Tax Returns ( ITR ) on grounds of illness and subsequent  demise

The Madras High Court directed the Income Tax department to open the portal for the petitioner. The bench quashed the assessment order adding Rs. 16 crores as unexplained expenditure without providing reasonable time to explain.

In recent developments, the Kerala Goods and Services Tax ( GST ) Department has issued a directive that could significantly impact taxpayers aggrieved by decisions of the First Appellate Authority. Understanding “Kerala Model” Directive to

In a recent case, the New Delhi bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) upheld the demand of Rs. 4.82 crores excise duty against Divisional Forest Officers ( DFO

LTIMindtree, a tech consulting firm, is challenging a hefty tax bill of Rs 155.7 crore issued by the Maharashtra GST department. This sum includes penalties and interest charges levied on the company. The dispute stems

The Quality Review Board ( QRB ) at the Institute of Chartered Accountants of India ( ICAI ) has released the First Volume of the Guidance on Non-Compliances observed during Quality Reviews, in two parts.

The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) set aside the demand of service tax as Overseas Logistics Service Providers ( OLSPs ) are not providing service as

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance under Section 14A of Income Tax Act, 1961 read with Rule 8D of the Income Tax Rule, 1962 as the

The  Kolkata bench of Income Tax Appellate Tribunal (ITAT) deleted the disallowance of payment  made on account of the  Forward Contract Loss incurred towards hedging  Foreign Exchange Fluctuation Loss on the  FCNRB Loan Account. The

GST registration is the pivotal process of acquiring a distinct identification number for businesses obligated to pay Goods and Services Tax ( GST ). Introduced in 2017, the GST has simplified indirect taxes. Prior to

The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) held that no disallowance shall be made on interest expense claimed in respect of ST RRB Credit Refinance Fund of National Bank for Agriculture &

The Jharkhand High Court has held that any unjust withholding of money or property from another party goes against the fundamental principles of justice, fairness, and good conscience and directed JBVNL to refund Tax Deducted

The Central Board of Direct Taxes ( CBDT ) has granted the Income tax exemption to Tamil Nadu Electricity Regulatory Commission under Section 10(46) of Income Tax Act. The following income are exempted: Government Grants;