GST Refund Claim using Forged Documents: Hyderabad Central Crime station arrests 5 GST Officials
In a significant crackdown on fraudulent tax practices, the Central Crime Station ( CCS ) of the Hyderabad police has apprehended five Goods and Services Tax ( GST ) officials, including a deputy commissioner, for
Appeal against Refund Rejection order filed within Statutory Period under Limitation Act: Delhi HC directs to consider Appeal on Merits [Read Order]
The Delhi High Court has held that the appeal against the refund rejection order shall be considered on merits on the finding that the same is filed within the statutory period of 3 months based
Odisha GST Department imposes Penalty on Infosys for Claiming Ineligible ITC: What is Ineligible GST ITC
The Odisha Goods and Services Tax ( GST ) department has imposed a penalty of Rs. 1.46 Lakhs on the IT major company Infosys for claiming ineligible Input Tax Credit ( ITC ). Infosys disclosed
Department of Inland Revenue Sri Lanka Certifies Assessee’s Gross Remuneration: ITAT directs AO to allow TDS Credit and Self-Assessment Tax [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT )  has directed the Assessing Officer to allow Tax Deducted at Source ( TDS ) credit and self-assessment tax, as the Department of Inland
GST Dept not Empowered to Compute Penalty Amount on Higher Value than Invoice Value without Proper Evidence: Calcutta HC [Read Order]
The Calcutta High Court held that the GST Department is not empowered to compute penalty amount on higher value than invoice value without proper evidence. The writ petition was filed challenging an order passed by
Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]
In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that tax treaty benefits cannot be denied solely based on the mobile number provided in the Income Tax
Sun Pharma Faces Rs 1.11 Crore Tax Demand over Disallowed Input Tax Credit
A prominent Pharma company, Sun Pharmaceutical Industries Ltd announced that it has been served with a tax demand totaling over Rs 1.11 crore by authorities. The demand arises from an order issued by the Joint
Applications for CIRF Proceedings under Insolvency Bankruptcy Code 2016: A Complete Case Analysis
The Insolvency and Bankruptcy Code, 2016 ( IBC, 2016 ) was recommended on 31st May 2005. The code deals with time-bound proceedings, applicability and accessibilities, moratorium and suspension of the proceedings, setting up of operating
SCN without details or particular on Demand of GST is Invalid: Delhi HC quashes Order [Read Order]
The Delhi High Court held that the Show Cause Notice ( SCN ) without details or particular on demand of Goods and Service Tax ( GST ) is Invalid. The court found that the subject
Burden of Differential Duty not passed on to Customer: CESTAT quashes Excise Duty Demand [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) quashed excise duty demand as the burden of differential duty not passed on to customer. The appellant filed refund
Unexplainable Delay to Refund Amount under Delhi Sales Tax Act: Delhi HC directs to pay interest for 3 years from filing the Petition [Read Order]
The Delhi High Court directed to pay interest for 3 years from filing the petition as there was an unexplainable delay in refunding the amount Under the Delhi Sales Act, 1975. The court disposed of
Refund Claim U/s 42 DVAT Act delayed: Delhi HC directs to Pay Simple Interest @ 6% [Read Order]
The Delhi High Court directed to pay simple interest at 6 % on the amount of refund allowed under the Delhi Value Added Tax Act, ( DVAT ) 2004. The Refund Claim was delayed and
Error on part of Auditor is Reasonable Cause for Delay in Claiming Exemption: Bombay HC Condones Delay [Read Order]
The Bombay High Court viewed that the error on the part of the auditor is reasonable cause for delay in claiming exemption and condoned the delay. Since the delay has been condoned, Respondent shall process
Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]
In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that tax treaty benefits cannot be denied solely based on the mobile number provided in the Income Tax
Big Relief: No Liability on TDS/TCS Deductor u/s 206AA/206CC due to PAN-Aadhaar Non-linkage Until May 31, 2024 [Read Circular]
In response to taxpayer requests, the CBDT has provided significant relief. Until March 31, 2024, if PAN is linked with Aadhaar by May 31, 2024, deductors/collectors are exempt from Section 206AA/206CC tax obligations. However, other