The Supreme Court of India is set to examine whether the value of preloaded software in imported navigation devices should be included in the customs valuation as part of the…
The Allahabad High Court ruled that the mere expiry of a GST ( Goods and Services Tax ) e-way bill does not indicate an intention to evade tax, thereby setting…
Subscribe to our Newsletter The Allahabad High Court recently refused to grant bail to an accused who was allegedly involved in fraudulent financial transactions carried out using fake GST (…
The Supreme Court of India recently upheld a ruling by the Delhi High Court wherein it was affirmed that book entries reflecting unverified bank overdrafts did not constitute genuine income…
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently ruled in favour of the assessee, deleting a penalty of ₹5,000 under Section 271F of the Income Tax Act as the…
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that when goods are sold on a Free on Road (FOR) basis, the buyer’s premises is treated as…
The Telangana High Court disposed of a writ petition directing to approach the newly functional Goods and Services Tax Appellate Tribunal ( GSTAT ) for relief instead of invoking writ jurisdiction and…
The Punjab and Haryana High Court held that under the Income Tax Act, 1961, interest on delayed payment of tax under Section 220(2) becomes payable only if the tax is…
The Telangana High Court has allowed a petition seeking revocation of GST ( Goods and Services Tax ) registration that had been cancelled due to non-filing of GST returns, holding…
In a recent development, the Supreme Court allowed the Income Tax Department to withdraw its long-pending Rs. 8,500 crore transfer pricing dispute against Vodafone India Services Pvt. Ltd., ending a…