DHFL Scam: NFRA Debars Six Chartered Accountants/ Auditors for Misconduct, Imposes Rs. 1 Lakh Penalty
In a scam relating to Dewan Housing Finance Limited Corporation (DHFL), the National Financial Reporting Authority (NFRA) has imposed a penalty...
Revised Returns or CA Certificate, relevant to decide whether Typographical Error Crept in VAT Returns: Delhi HC sets aside Decision of Arbitral Tribunal
The Delhi High Court set aside the Decision of the Arbitral Tribunal and ruled that the Revised returns or Chartered Accountant (CA) Certificate is relevant to decide whether typographical error...
Income Tax Returns not Proof of Source of Income in Corruption Case: Allahabad HC upholds Conviction of Income Tax Officer
The Allahabad High Court upheld the conviction of an Income Tax Officer and observed that Income Tax Returns are not proof of Source of Income in a Corruption Case. The accused-appellant in the...
Refund allowable to Importer who paid SAD on Imported Goods and Discharged VAT on Sales of Goods without indicating detail on Duty paid: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) of Chennai Bench has held that the refund is allowable to importers who paid Special Additional Duty ( SAD ) on imported goods and...
![Refund allowable to Importer who paid SAD on Imported Goods and Discharged VAT on Sales of Goods without indicating detail on Duty paid: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Refund-Refund-allowable-Importer-SAD-Imported-Goods-Discharged-VAT-VAT-Sales-of-Goods-Duty-CESTAT-Customs-Excise-Service-Tax-Taxscan.jpg "Refund allowable to Importer who paid SAD on Imported Goods and Discharged VAT on Sales of Goods without indicating detail on Duty paid: CESTAT [Read Order]")
No demand of 6/7% of Value of Trading Activity will sustain on Reversal of Cenvat Credit for Common Input Service and Payment of Interest [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) comprising Ramesh Nair, Judicial Member observed that no demand of 6/7% of value of trading activity will...
![No demand of 6/7% of Value of Trading Activity will sustain on Reversal of Cenvat Credit for Common Input Service and Payment of Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/demand-Value-of-Trading-Activity-Reversal-of-Cenvat-Credit-Cenvat-Credit-Input-Service-Payment-of-Interest-taxscan.jpg "No demand of 6/7% of Value of Trading Activity will sustain on Reversal of Cenvat Credit for Common Input Service and Payment of Interest [Read Order]")
