The Allahabad High Court has confirmed that issuing a GST ( Goods and Services Tax ) show-cause notice and fixing the personal hearing on the very same date is a defective and…
The Supreme Court of India has set aside the cost imposed on appellant Rajeev Khandelwal by the High Court of Judicature at Bombay while disposing of a revision petition arising…
In a recent judgment, the Supreme Court held that a simple sale of land does not amount to a taxable service and that the transfer of title in immovable property by way…
Under the Goods and Services Tax (GST) framework, taxpayers registered under the Composition Scheme often find it necessary to migrate to the Regular Scheme, either due to turnover limits being…
Several judicial decisions have reinforced that undervaluation is not a ground for detention. Allegations of “undervaluation” continue to trigger the detention of goods under the Goods and Services Tax (GST)…
The Central Board of Direct Taxes (CBDT) has issued an advisory titled “Enhancing Tax Transparency on Foreign Assets and Income: Understanding CRS & FATCA”. The Board has called on taxpayers…
The Hyderabad Zonal Office of the Directorate of Enforcement has provisionally attached bank balances totalling ₹8.46 crore spread across 92 bank accounts, including that of CoinDCX and several crypto wallets, under the…
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has ruled that the sharing of expenses between group companies for events organized outside India…
If you filed your income tax return ( ITR ) months ago and find yourself checking your bank account every day for a tax refund, you’re definitely not alone. Even…
before the Commissioner of Income Tax (appeals) [CIT(A)]. The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an addition of ₹44,61,000 and held that since the turnover and…