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Gujarat HC Grants bail for wrongful availment of ITC beyond Rs.5 cr [Read Order]

The Gujarat High Court has granted regular bail for wrongful availment of the Input Tax Credit(ITC) is beyond Rs.5 crores. The applicant is arrested...

Don’t Disseminate Unverified News Capable of Causing Panic: Supreme Court to Media [Read Order]

Service Tax Refund cannot be claimed once barred by Limitation: CESTAT [Read Order]

Petition in Madras High Court challenges Appellate Tribunal and Other Authorities Rules, 2020

SC urges RBI to introduce Stringent Measures to Prevent Misuse of Cheques [Read Order]

Chhattisgarh HC upholds Increased Rates of Development Cess and Environmental Cess on Land used for Mining [Read Judgment]

The Chhattisgarh High Court has upheld the increased rates of development cess and environmental cess on land covered used for mining as per the amendment introduced to the Chattisgarh (Adhosanrachna...

Licensing Services - AAR - Mining Licences - Taxscan

Penalty can’t be levied for Genuine Omissions in Income Tax Returns: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that genuine omissions must be excluded from the levy of penalty under section 271 (1)(a) of the Income Tax Act, 1961. During the...

ITAT quashes Re-Assessment Proceedings against PwC [Read Order]

In a Relief to Price Waterhouse & Co ( PwC ), the Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has quashed the re-assessment and held that in order to reopen the assessment by the...