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
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
“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
The Supreme Court, in response to a Single Judge of the Madras High Court taking suo motu revision against the discharge of Tamil Nadu Revenue Minister KKSSR Ramachandran in a corruption case, expressed the view that the judge should have ideally consulted the Chief Justice
1. Legislative Milestones: Central GST (Second Amendment) Bill Approval Parliament’s Approval of the Bill Amendments to Age Limits for GSTAT President and Members Synchronization with Tribunal Reforms Act of 2021 2. Operational Progress: Updates from Revenue Secretary Sanjay Malhotra Clarifications on GSTAT Commencement Media Advertisement
Table of Contents Cross-Empowerment of Central and State Authorities Under GST: Judicial ViewsBackground of the IssueCBIC’s Circular on Cross-EmpowermentJudicial Challenges to the CBIC’s CircularConclusion Cross-Empowerment of Central and State Authorities Under GST: Judicial Views The Goods and Service Tax (GST) regime in India has brought
Introduction In an ongoing battle against fraudulent Input Tax Credit (ITC) activities, the Directorate General of GST Intelligence (DGGI) has intensified its efforts, resulting in significant breakthroughs. Utilizing advanced data analysis tools, the DGGI has uncovered elaborate schemes orchestrated by tax evaders, leading to the
Undervaluation cannot be reasons for detention of goods in transit if vehicle containing the goods is accompanied by proper invoice and e-way bill Hon’ble Allahabad High Court in case of M/S Shamhu Saran Agarwal and Company Versus Additional Commissioner Grade-2 and 2 Others in Writ
Table of Contents Introduction:1. Applicability of ITR Forms:2. Electronic Verification Code (EVC) for Audit Cases:3. Due Date for Filing of Return:4. Default Tax Regime:5. Legal Entity Identifier (LEI):6. Reason for Tax Audit and Acknowledgment Number Requirement:7. Enhanced Turnover Limit Reporting:8. Disclosure of MSME Payments and
Table of Contents IntroductionBackground of the CaseLegal Arguments and CounterargumentsCourt’s Examination of EvidenceViolation of Principles of Natural JusticeLack of Conclusive EvidenceCourt’s Ruling and Relief GrantedSignificance of the RulingConclusion Introduction In a recent ruling, the Delhi High Court underscored the imperative for the Delhi Development Authority
