Recently, a taxpayer under GST ( Goods and Services Tax ) Act has been penalized ₹50,000 for the late filing of the GSTR-3B return by one day. Interestingly, the same…
Top Stories ‘Made in China’ Marking on Some Cartons Not Sufficient to Prove Smuggling Without Test Report or Documentation: CESTAT [Read Order] CESTAT ruled that 'Made in China' markings on…
Top Stories Physical Verification At Exporter’s Premises Not Mandatory for Customs Brokers, Verification via Reliable Documents is Sufficient: CESTAT [Read Order] CESTAT ruled that Customs Brokers are not required to…
Foreign remittances from India are closely monitored by tax authorities to prevent tax evasion and ensure compliance with international financial reporting norms. Two key forms: Form 15CA and Form 15CB…
In a case related to the transitional filing of TRAN-1 forms under the Goods and Services Tax ( GST ) Act, the Madras High Court dismissed as infructuous a departmental…
Top Stories How to Handle GST Department Audits: A Legal Perspective Anxious about GST Audits? Let’s look in detail as to the legal frameworks that govern GST Audits and how…
Top Stories GST Proper Officer Must issue SCN to Invoke S.73 Even if Summary of SCN is Issued: Gauhati HC [Read Order] The bench set aside the impugned summary of…
The Central Bureau of Investigation ( CBI ) has registered a case following credible information about alleged corrupt practices involving a senior income tax official and several individuals and entities,…
The Central Board of Direct Taxes ( CBDT ) has notified the ITR ( Income Tax Return ) Form 7 for the Assessment Year (AY) 2025-26 vide notification no. No.…
The Madras High Court has ordered the department to make changes in the architecture of the GST ( Goods and Services tax ) portal to enable the petitioner to file…