In a recent ruling, the Delhi High Court held that indexation on long-term capital gains begins only from the date of the Builder Buyer Agreement and not from the date of provisional…
TheGoods and Services Tax Network (GSTN) has announced that GST registrations will be automatically suspended if taxpayers do not provide their bank account details within 30 days of registration or before…
The Goods and Services Tax Network (GSTN) has issued an advisory dated December 5, 2025, introducing system-locked auto-population of Table 3.2 in Form GSTR-3B, made effective from the November 2025…
The National Company Law Tribunal (NCLT), Mumbai Bench, has dismissed an application seeking to be classified as a 'financial creditor' in the insolvency proceedings of Radius & Deserve Builders LLP.…
The Calcutta High Court has held that the tax authorities cannot recover more than 20% of a disputed demand by adjusting refunds for other assessment years while the statutory appeal…
Nestlé India Limited, one of India's leading food and beverage companies, has disclosed that it received a GST demand order under Section 74 of the Central Goods and Services Tax…
The Madras High Court in a recent case, has ruled that miscellaneous income, including scrap sales and interest on loans given to employees linked to eligible undertakings, qualifies for deduction…
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside Service Tax demand for providing contract services to the Gujarat State Police Housing Corporation Limited (GSPHCL) and…
The Bombay High Court has granted bail to a Kenyan national accused in a Prevention of Money Laundering Act (PMLA) case, holding that his arrest by the Enforcement Directorate (ED) was illegal…
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal, holding that the huge cash sales recorded on 08.11.2016, on the day demonetisation was announced were genuine…