Income Tax Department conducts searches in Mumbai
The Income Tax Department carried out search and seizure operations on February 25, 2022 on certain contractors executing contracts of […]
Press Release, Press Release
Important News
Taxpayers having TO more than Rs. 20 cr. are enabled for testing on sandbox system of the e-Invoice portal
As per the recent update by GST e-Invoice System, e-Invoicing is mandatory as per notification No. 01/2022 Dated: February 24,
GST Recent News
Input/Output ratios to be considered for determining quantum of refund of unutilized GST ITC: Gujarat HC
The Gujarat High Court has ruled that the input or output ratios to be considered for determining the quantum of refund of
GST Recent News
No GST on supply of pure services consultation: AAR
The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that supply of pure services by rendering Consulting Services for Programme Management
News
‘Reasons To Believe’ ought to spell out all reasons, grounds for reopening IT Assessment: Bombay HC comes down heavily on IT Dept
The Bombay High Court has come down heavily on the Income Tax Department for not being transparent with tax payers in sharing
Press Release, Press Release
IT Dept. conducts searches in a major Telecom Group
The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and
GST Recent News
No retrospective effect of notification imposing custom duty on grant of conversion of vessels from ‘Foreign Going’ to ‘Coastal Run’: Orissa HC allows customs duty exemption
The Orissa High Court has allowed the Customs Duty Exemption and held that Notification imposing Custom Duty on grant of conversion of
GST Recent News
Summons proceedings can’t be through CCTV: Delhi HC refuses to quash summons in GST fraud case
The Delhi High Court has refused to quash the summons against a person accused of creating numerous fake firms and availing Input
News
Relief to HDFC Bank: Bombay HC quashes reassessment notice as jurisdictional condition not satisfied
In a major relief to the HDFC Bank, the Bombay High Court has quashed the reassessment notice as the jurisdictional condition for
News
Employee contribution to PF/ESI before ITR filing eligible for income tax deduction: ITAT
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) has ruled that an Employee contribution to Provident Fund (PF)/ Employee State Insurance