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Chandigarh Mayor Election Controversy: High Court Intervenes Amid Fraud Claims”
The recent election of Manoj Sonkar, a Bharatiya Janata Party (BJP) candidate, as the Mayor of Chandigarh has been marred by controversy, with allegations of fraud and irregularities prompting legal challenges and scrutiny from the judiciary. The Punjab and Haryana High Court has taken cognizance
Bombay High court stayed the order demanding tax on Expat Salary
Expat salary is under the lanses of Department. The supreme court already decided in a the case of Northern Operating Systems Private Limited (NOS). In this case the amount was deemed to be service and was made taxable. After this judgment GST dept started ending
CA Shafaly GirdharwalUnderstanding the Impact of MSME Section 43B: Ensuring Timely Payments and Tax Compliance”
Clarification on MSME Section 43B Impact: Payments made or due to vendors registered under MSME, as defined in the Micro, Small and Medium Enterprises Development (MSMED) Act 2006, are affected. To encourage timely payments to micro and small enterprises, such payments now fall under section
“Jharkhand High Court: Upholding Tax Scrutiny on Unverified Cash Loans”
In a recent verdict, the Jharkhand High Court has upheld the income tax addition due to the failure of assessees to substantiate the authenticity of creditors providing cash loans. The decision, delivered by the bench comprising Justice Rongon Mukhopadhyay and Justice Deepak Roshan, underscores the
Haryana Government Appoints New VAT Tribunal Members
The Haryana government has taken a significant step in bolstering its administrative infrastructure with the appointment of new members to the Value Added Tax (VAT) Tribunal. In a recent notification dated February 6, 2024, issued under Notification No. 04/19290-ET-4-2023/600, the state government announced the appointment
DRI seized 83.352 MT of Areca Nuts
The Directorate of Revenue Intelligence (DRI) recently made a significant breakthrough in its ongoing efforts to combat smuggling activities targeting India’s domestic industries. In a meticulous operation, DRI officials seized a substantial cache of Areca Nuts that were being smuggled into the country using a
SCN demarcates boundary within which officer exercise power
Show Cause Notice demarcate the Boundary within which authority to exercise power, crossing such limit would undermines the rule of law and public trust. No action to be taken beyond SCN. Hon’ble Allahabad High Court in case of M/s Associated Switch Gears and Projects Ltd
“Streamlining GST: The QRMP Scheme Explained”
1. Introduction to the QRMP Scheme The Quarterly Returns with Monthly Payment (QRMP) Scheme is designed to streamline GST compliance for eligible taxpayers, allowing them to submit Form GSTR-1 and Form GSTR-3B returns quarterly while making monthly tax payments through a challan. 2. Eligibility Criteria
If tax paid is more than ITC , 13(1)(f) will not apply
The Allahabad High Court ruled on a case involving the interpretation of Section 13(1)(f) of the Uttar Pradesh Value Added Tax Act, 2008 (UP VAT Act). This section pertains to the conditions under which input tax credit can be claimed by a
“Supreme Court Upholds Bail Denial in UAPA Case: Delay Not a Deciding Factor”
Background: The Supreme Court denied bail to a man charged under the Unlawful Activities (Prevention) Act, 1967 (“UAPA”) for allegedly promoting the Khalistani terror movement. The appellant had been in jail for over 5 years, with only 19 out of 106 witnesses examined during this
“Flipkart Triumphs: Supreme Court Greenlights Rs. 6.6 Cr VAT Refund”
“Supreme Court Upholds Delhi High Court Order, Grants Flipkart Rs. 6.6 Cr VAT Refund” The Supreme Court recently affirmed a significant decision by the Delhi High Court, allowing e-commerce giant Flipkart Pvt Ltd to claim a refund of Rs. 6.6 crore under the Delhi Value
“High Court: Chanda Kochhar’s Arrest Illegal”
Bombay High Court Declares Arrest of Chanda Kochhar and Husband Illegal in ICICI Bank – Videocon Loan Fraud Case In a significant development, the Bombay High Court has ruled the arrest of former ICICI bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar