Gist: Specific Mention takes Priority over General ones, CESTAT Supports Reclassification of AC Remote Components In a recent ruling of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) …

The Tribunal observed that the 2012 Finance Act amendment clearly extended MAT to nationalized banks, despite their formation under a special statute In a significant ruling, the Special bench of…

The Supreme Court upheld the Delhi High Court's ruling, deleting the ₹64.43 crore penalty under Section 271G of the Income Tax Act In a significant relief to Ericsson India Private…

Considering the assessing officer hastily completed the assessment without considering the written submission of the taxpayer, Madras HC set aside the order In a recent ruling, the Madras High Court…

In the case, State of Jammu and Kashmir vs. Caltex (India) Ltd, the SC held that separate assessment orders should be treated independently when covering different assessment years The Karnataka…

The tribunal observed that the delay was due to bona fide reasons The Income Tax Appellate Tribunal ( ITAT ) of Banglore in a recent case condoned a 364-day delay…

Wrong availment of Income Tax Credit lead to the decision by 54th GST Council Meeting The Union Finance Minister Nirmala Sitharaman chaired the 54th meeting of the GST Council today…

The petitioner was granted liberty to present additional evidence, which must be considered by the AO in accordance with the law A fresh opportunity to establish the authenticity of the…

The court noted that this error warranted setting aside the cancellation order and reinstating the GST registration In a recent ruling, the Karnataka High Court has directed the GST (…

Gist: The 54th GST Council Meeting clarified various changes on the GST Rated of Services The Union Finance Minister Nirmala Sitharaman chaired the 54th meeting of the GST Council today…