Statutory Bank branch audits serve as a crucial checkpoint in ensuring financial integrity, transparency, and compliance with ...

As per the DGFT user guide for ARR, If the total RoDTEP claim for a given IEC exceeds Rs. 1 crore in a financial year, filing ...

This type of thinking keeps us where we are in life currently. No progress or improvement curve. Straight line in life. In medical science, the straight line in ECG means dead. If we don’t want to be ...

Legality of Consolidated SCN by Clubbing of More Than One Financial Year Under the GST Law ...

Kerala High Court addressed a writ petition filed by Ajas N Shamsu, concerning pending income tax appeals and related issues. The petitioner sought the expedited disposal of appeals, the quashing of ...

Kerala High Court directed the Income Tax Department to dispose of an appeal filed by Janayugam Publications Ltd against the assessment order for the year 2011-12, which had remained unresolved for ...

Bombay High Court, in H.K. Jewels Private Limited & Anr. v. ADIT Investigation & Ors., addressed the legality of gold and jewellery seized at Bhubaneswar Airport on May 12, 2024. The petitioners ...

Assistant Commissioner of Income Tax (ACIT) ruled on the validity of reassessment proceedings initiated under Section 148 of ...

The Bombay High Court, in L.T. Stock Brokers Pvt. Ltd. v. Chief Commissioner of Income Tax, set aside an order rejecting a compounding application solely due to delay. The petitioner challenged the ...

Bombay High Court overturned a reassessment notice issued to Indusind Media & Communications Ltd. under Section 148 of the Income Tax Act for the assessment year 2007-08. The core issue revolved ...

The company contended that its advocate’s statement regarding filing an appeal was conditional on the pre-deposit being waived. It also argued that Central Board of Indirect Taxes and Customs (CBIC) ...

The Bombay High Court addressed an appeal by the revenue concerning alleged bogus purchases made by Ganesh Developers, a real estate firm, during the assessment year 2010-11. The Assessing Officer (AO ...