Assessment can’t be reopened on Mere change of opinion of AO: Bombay HC
The Bombay High Court, while quashing the reassessment notice, held that the assessment could not be reopened on a mere […]
News
Notification and Circular, Notification And Circular
DGFT extended the last date for submission of online applications for allocation of TRQ under India–UAE CEPA till May 31, 2022
The DGFT vide Public Notice No. 08/2015-2020 dated May 19, 2022 has extended the last date for submission of online
GST Recent News
Supreme Court decision will not alter the way GST Council functions, says finance ministry
The Supreme Court’s decision on Thursday that the recommendations of the GST Council are not binding on the Centre and
GST Recent News
Customs Act: Gujarat HC endorses expeditious disposal of case property, orders release of base oil worth ₹67 lakhs subject to surety
The Gujarat High Court has recently endorsed the “expeditious and judicious” disposal of case property so as to ensure that
Notification And Circular, Notification and Circular
CBIC issued instructions w.r.t. export of wheat consignments
The CBIC vide Instruction No. 06/2022-Customs dated May 17, 2022 w.r.t. wheat consignments that have been handed over to Customs
Notification And Circular, Notification and Circular
CBIC enabled the export of goods from Bangladesh to India by rail in closed containers
The CBIC vide Circular No.08/2022-Customs dated May 17, 2022 has enabled the export of goods from Bangladesh to India by
News
Commission paid to persons who are not beneficial to business of assessee is taxable: Orissa HC
The Orissa High Court has dismissed a challenge against an order of the Income Tax Appellate Tribunal, Cuttack (ITAT) which disallowed commission
News
SARFAESI proceedings cannot be continued against Corporate Debtor once CIRP is admitted and moratorium is Ordered: Supreme Court
The Supreme Court observed that the proceedings under the SARFAESI Act cannot be continued once the CIRP is initiated and
Press Release, Press Release
DGGI Gurugram arrests one person for fraudulently availing ITC of more than 160 crore through a network of 10 fake firms
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has detected a case wherein total ITC of
GST Recent News
Allahabad HC stays GST demand on payment of Royalty to conduct Mining activity
The Allahabad High Court bench of Justice Saumitra Dayal Singh has stayed the GST demand on payment of royalty to conduct mining activity. The