Relief to Toyota: CESTAT Sets aside Order Rejecting Refund of excess CENVAT credit being Contrary to S. 142(3) of CGST Act [Read Order]

Top Stories Relief to Toyota: CESTAT Sets aside Order Rejecting Refund of excess CENVAT credit being Contrary to S. 142(3) of CGST Act [Read Order] The transitional arrangements have been…

Continue ReadingRelief to Toyota: CESTAT Sets aside Order Rejecting Refund of excess CENVAT credit being Contrary to S. 142(3) of CGST Act [Read Order]

NCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtor’s Account Frozen under PMLA: NCLT [Read Order]

Top Stories NCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtor’s Account Frozen under PMLA: NCLT [Read Order] The panel ruled that when the Corporate Debtor's account was…

Continue ReadingNCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtor’s Account Frozen under PMLA: NCLT [Read Order]

Assessment Invalid due to Defective Satisfaction Note: ITAT Sets Aside PCIT’s Revisionary Order [Read Order]

Top Stories Assessment Invalid due to Defective Satisfaction Note: ITAT Sets Aside PCIT’s Revisionary Order [Read Order] The ITAT found that the satisfaction note under Section 153C was issued in…

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Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]

Top Stories Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order] The company argued that the compensation…

Continue ReadingAdani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]

No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order]

Top Stories No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order] The ruling reinforces that ITC blocking is a severe and exceptional…

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Big Breaking: CIT(A) Allows 87A Rebate on Special Rate Incomes in Income Tax Appeal [Read Order]

The Commissioner of Income Tax (Appeals) [CIT(A)] has determined that the Centralized Processing Centre (CPC) erred in restricting the rebate available under Section 87A. Thus, it allowed the 87A rebate…

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