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…
Top Stories Relief for Nokia India: CESTAT allows Refund of Excess CVD, Rules Challenge to Original Assessment Not Mandatory [Read Order] CESTAT granted refund of excess CVD to Nokia India,…
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that Royal Enfield Motors’ claim for refund of Rs. 1.79 crore in service tax paid on…
Top Stories Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order] The Tribunal asserted that cash deposits made during the demonetization…