In a recent case before Income Tax Appellate Tribunal (ITAT), Bangalore the assessee’s appeal was allowed recognizing Medical Certificate as sufficient proof for condonation of taxpayer’s delay in filing of…
The Institute of Chartered Accountants of India ( ICAI ) has revised the criteria for classification of the non-company entities for the applicability of the accounting standards. In its 433rd…
Top Stories Karnataka HC Invokes Article 226 to Restore Society’s GST Registration Citing Email Access Issues and Public Role in Food Supply [Read Order] Considering the petitioner’s inability to access…
The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the disallowance of Provident Fund (PF) and Employees’ State Insurance ( ESI ) contributions on the grounds…
In a recent ruling, the Karnataka High Court set aside an ex-parte order issued by the Joint Commissioner of Commercial Tax (Appeals) due to the department’s failure to notify the…
The Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that if a principal manufacturer fails to discharge the excise duty liability, the burden shifts…
The Ministry of Finance issued Circular No. 22/2024-Customs on November 8, 2024, providing clarifications on insurance and bond requirements for Customs Cargo Service Providers ( CCSPs ). This circular refines…
In a recent ruling, the Orissa High Court condoned the delay in restoring the GST registration cancellation and allowed the petitioner to revive the Goods and Service Tax ( GST…
The Goods and Services Tax Network ( GSTN ) has launched a new form, GST DRC-03A, accessible on the GST portal. This form allows taxpayers to adjust tax amounts already…
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the penalty imposed under Section 271AAB of the Income Tax Act,1961 and ordered fresh proceedings after the…