A clarification of availability of Input Tax Credit in respect of demo vehicles, has been issued vide Circular No.231/25/2024 ...

Punjab and Haryana High Court held that confirming demand and initiating liability under section 74 (5) of the CGST Act ...

Summary: In the case of Ram Krishna Gupta v. State of UP (Writ Tax No. 728 of 2023), the Allahabad High Court set aside a ...

Govt Officials Love Liquor Ban, For Them It Means Big Money; Poor People Facing Wrath of Bihar Prohibition & Excise Act: ...

The presence of a co-signer with a strong credit score and stable income can also enhance approval chances and may lead to ...

Summary: The Supreme Court, in the case of Bharti Airtel Ltd. v. Commissioner of Central Excise, Pune (November 20, 2024), ruled that telecom operators are entitled to claim CENVAT credit on duties ...

ITAT Delhi held that delay of 35 days in filing of an appeal before CIT(A) ought to be condoned since assessee has explained the sufficient reason for said delay. Accordingly, matter restored back to ...

State of Gujarat & Ors., the Gujarat High Court addressed a petition filed by the legal heir of a deceased director ...

ITAT Kolkata held that reassessment order quashed since notice issued under section 148 of the Income Tax Act was served after the date of limitation. Since issuance of notice is bad in law, ...

NCLAT Delhi held that admitting application under section 9 of the Insolvency and Bankruptcy Code 2016 for default in payment ...

Rule 86B is an anti-evasion measure targeting fraudulent practices involving ITC misuse. While it introduces stricter ...

Supreme Court held that cognizance of the offence under section 3 of the Prevention of Money Laundering Act, 2002 against the ...