ITO pertains to the addition of ₹1.10 crore as unexplained income under Section 69A read with Section 115BBE of the Income Tax Act. During the demonetization period, the assessee had deposited ...

This decision reaffirms that tax liabilities should be imposed on the company itself rather than its employees, unless explicitly provided by law. The ruling provides clarity on the extent of ...

If we look at the age-old practicing landscape from an Indian perspective, it is the only profession involving different types of professionals like advocates, CAs, CMAs, CS, BCom or MCom graduates, ...

The e-way bill is an essential compliance mechanism under the Goods and Services Tax (GST) regime in India. It ensures ...

Kerala High Court dismissed a writ petition filed by Mohammed Fariz & Co., an importer of betel nuts, seeking to challenge the Customs Tribunal’s rejection of their appeal for condoning a 964-day ...

The court reinforced that indirect taxes cannot be imposed on duty-free shops as they function beyond Indian customs limits.

As is evident, the revenue is aggrieved by grant of foreign tax credit (FTC) despite the fact that Form No.67 was not filed by the assessee within due date of filing of return of income. Having heard ...

By the impugned order dated 21.02.2018, penalty has been imposed with respect to the goods being transported without e-way bill under U.P. GST Act, 2017 read with Rules framed thereunder.

In conclusion, the Andhra Pradesh High Court’s ruling emphasizes the importance of proper tariff classification in GST ...

Reference is invited to the Circular No.21/2024-Customs dated 30.10.2024 wherein, the importers/exporters were advised for the mandatory additional qualifiers in import/export declarations in respect ...

1. As you would be aware, a unit in an International Financial Services Centre (IFSC), notified under section 18 of the Special Economic Zones Act, 2005, may open an SNRR account with an authorised ...

e.g. if a broker associates with a person (who is promoting insurance product) engaged in any of the two prohibited activities, it would be violation of the SEBI regulations since the Intermediaries ...