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
In a bid to ease the tax burden on residents and facilitate smoother transactions, the taxation department of the state government has launched a comprehensive awareness campaign promoting its one-time settlement (OTS) scheme for GST payments and the innovative ‘Mera Bill’ app. Officials within the
Overview of the Dispute At the heart of the matter lies the verification of tax dues intertwined with claims over specific pieces of jewelry. The multiplicity of parties involved adds layers of complexity to the case, as each party asserts ownership rights over the disputed
In a recent ruling by the National Company Law Appellate Tribunal (NCLAT) in the case of Kineta Global Ltd. v. IDBI Bank Ltd. & Ors., the issue of disclosing valuation reports to prospective resolution applicants has stirred debate within the legal and financial community. The
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
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
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
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
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
Table of Contents 1. Introduction to the QRMP Scheme2. Eligibility Criteria3. Conditions to be Fulfilled4. Opting for the QRMP Scheme5. Invoice Furnishing Facility (IFF)6. Methods of Monthly Tax Payments7. Opt-In and Opt-Out Timelines8. Multiple GSTINs9. Conclusion 1. Introduction to the QRMP Scheme The Quarterly Returns
