The Institute of Chartered Accountants of India (ICAI) has wrote to the Malayalam Actor Mohanlal for endorsements of false claims of the CA, CMA and ACCA coaching institute ‘Lakshya’ in advertisements. ICAI is the statutory
The Gauhati High Court refused to grant Bail to the person accused of illegally availing Input Tax Credit (ITC) worth Rs. 28.97 Crores. The petitioner, Amit Kumar is allegedly involved in the generation of invoices
The Bombay High Court granted the bail to the person alleged to have availed inadmissible ITC to the extent of Rs.191.66 crores. The petitioner, Daulat Samirmal Mehta has pleaded to be released on bail on
The Delhi High Court dismissed bail of applicant, Tarun Kumar on the ground that there was sufficient incriminating evidence about involvement of accused in offence of money laundering The SBFL was engaged in manufacturing and
The Income Tax Appellate Tribunal, Delhi bench on Thursday upheld the case against the Gandhi family in connection with commercial immovable properties worth more than Rs 800 crore by incorporating Young Indian having a share
The Gauhati High Court issued the notice to DRI in respect of seizure of silver bars, silver balls, or granules. The respondents in the Directorate of Revenue Intelligence searched the business premises of the petitioners,
The Delhi High Court has held that daughters can be “Karta” of Hindu Undivided Family (HUF) and represent the HUF before the competent authorities like tax departments. The present Appeal has been preferred by the
The inception of green taxes can be traced back to the early 20th century when certain nations pioneered tax policies to incentivize the adoption of cleaner and more sustainable technologies. However, it wasn't until the
JOB WORK UNDER GST Meaning of Job Work is ‘Any treatment or process undertaken by a person on goods belonging to another registered person’. The one who does the said job would be termed as
A Composite Supply under GST would mean a supply made by a taxable person to a recipient consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which
Belated Return cannot be Submitted After the Expiry of One Year from the End of the AY: ITAT Smt. Bhawna Nagori vs The ITO Ward-4 CITATION: 2023 TAXSCAN (ITAT) 771 The Income Tax Appellate Tribunal
A recent advance ruling issued by the Karnataka Authority for Advance Ruling covers multiple frequently asked questions and thereby assumes significance. The ruling is issued in Order No. KAR ADRG 30/20/04.05.2020 in a case where Mr. Anil
The Delhi High Court granted anticipatory bail to a Chartered Accountant ( CA ) and observed that the allegation of forged Form 15CA/CB Certificate does not amount to a Money Laundering Offence. The applicant filed
This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Waiver of Loan is Not Business Income, Not Taxable u/s 28(i) of IncomeTax Act: ITAT The Jt. Commissioner of Income
A GIST of GST Updates: This article summarizes all the GST developments which have been announced in the past four weeks for easy and quick reading of the professionals. The updates have been arranged in