This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from May 04th, 2024 to May 10th, 2024. SUPREME COURT Amounts covered by Security deposits under

The Madras High Court, while remanding the matter on 10% Pre-deposit condition, observed that the taxpayers must regularly monitor the Goods and Services Tax ( GST ) portal. A  Single bench of Justice Senthilkumar Ramamoothy

The Continuing Professional Education ( CPE ) Committee of the Institute of Chartered Accountants of India ( ICAI ) reminded members about the upcoming deadline for claiming unstructured CPE hours for the calendar year 2023.

The Gujarat bench of the Authority for Advance Ruling ( AAR ) ruled that the employer was eligible to avail Input Tax Credit ( ITC ) on the rooftop solar system, along with its installation

The Indian pharmaceutical industry, a global leader in generics and vaccines, might be breathing a sigh of relief soon. According to reliable sources confirmed by ET NOW, the Goods and Services Tax ( GST )

Polycab India, following a raid by tax authorities in December 2023, disclosed in its earnings report on Friday that it has not received any formal communication from the department regarding the outcome of the search.

The Bruhat Bengaluru Mahanagara Palike ( BBMP ) took decisive action on Friday, May 10 to seal the Mantri Square mall in Bengaluru's Malleswaram area.  On Friday morning, officials from the BBMP accompanied by Cops

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

The Gujarat bench of the Authority for Advance Ruling ( AAR ), ruled that restaurant service supplies are exclusively not eligible for Input Tax Credit ( ITC ), while other supplies remain exempted. The applicant,

The Gujarat bench of the Authority for Advance Ruling (AAR), ruled that there was no Goods and Service Tax applicable on the supply of imported goods on a high seas sale basis, as it falls

The Madras High Court ordered a pre-deposit of 10% for contesting the Goods and Services Tax ( GST ) demand which confirmed failure to respond to the Goods and Services Tax ( GST ) proceedings

The Mumbai bench of the Customs Authority for Advance Ruling (AAR) ruled that the PVC raincoats are classifiable under the category of "Overcoats, Raincoats, and Similar Articles" as specified in the First Schedule of the

The Phonepe invited applications for the post Senior Manager - Corporate Finance. Qualification CA (preferably an MBA as well) from premier institute Experience in the financial sector with previous roles such as financial analyst (not mandatory),

The Madras High Court held that the documents such as GSTR 9, GSTR 9C, and Income Tax records alone are insufficient to establish that Goods Transport Services fall under the Reverse Charge Mechanism ( RCM

The Madras High Court quashed the Goods and Services Tax ( GST ) assessment orders issued without considering the interim reply submitted by the petitioner/taxpayer. The court directed the GST officers to take up the