In a recent ruling, the Patna High Court quashed preliminary orders and held that notices issued under Section 148 of the Income Tax Act, even under the unamended provisions, must…
In a recent ruling, the Allahabad High Court has quashed the Goods and Services Tax ( GST ) demand of Rs. 2.11 crores which was issued under Section 74 of…
Top Stories Mutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order] CESTAT ruled that mutual fund investments are neither trading nor…
Top Stories May 2025 Income Tax Compliance Calendar: Key Dates and Deadlines A detailed checklist of all key income tax compliance deadlines and filings due in May 2025 for businesses,…
The Goods and Services Tax Network ( GSTN ) has announced the implementation of Phase 3 for reporting Harmonized System of Nomenclature ( HSN ) codes in Table 12 of…
Top Stories ICAI Releases 10th Edition of GST Acts and Rules – Bare Law with New Amendments [Read Bare Law] ICAI released the 10th Edition of GST Acts and Rules…
Top Stories GST Compliance Calendar for May 2025: Key Filings and Deadlines A complete compliance guide outlining key GST, customs, company law, and labor law deadlines businesses must meet in…
Top Stories Income Tax Return: Major Changes in New ITR Forms ITR-1 and ITR-4 A prima-facie analysis of ITR-1 (SAHAJ) and ITR-4 (SUGAM) reveals key updates By Manu Sharma -…
The Bombay High Court at Goa quashed the GST demand raised on various regulatory fees collected by Goa University, including affiliation charges, prospectus fees, migration certificate charges, and similar statutory…
The Karnataka High Court directed the GST department to refund the Input Tax Credit ( ITC ) as it was viewed that the same cannot be denied on the ground…