DRI Seizes 32 Kg Methamphetamine Tablets Worth Around Rs 32 Crore In Two Cases In North East Region
The Directorate of Revenue Intelligence (DRI) has seizes 32 kg methamphetamine tablets worth around Rs. 32 crore in two cases in north east region.In...
GSTN To Implement 3rd Phase Of Mandatory Mentioning Of HSN codes In GSTR-1 & GSTR 1A
The Goods and Service Tax Network (GSTN) has been notified to implement the 3rd phase of mandatory mentioning of Harmonised System of Nomenclature(HSN) codes...
Jharkhand High Court Grants Anticipatory Bail Advocate For Processing GST Registration Of Firm Wrongfully Claiming ITC Without Document Verification
The Jharkhand High Court has granted anticipatory bail to advocate/tax practitioner who failed to verify the documents for GST registration of a firm which...
CBDT Notifies Special Provisions For Computing Profits And Gains Of Business Operation Of Cruise Ships In Case Of Non-Residents
The Central Board of Direct Taxes and Customs (CBDT) has notified the Special provisions for computing profits and gains of business of operation of...
31st January Is Approaching, Hurry Up! Determine Amount Payable Under Direct Tax Vivad Se Vishwas Scheme 2024
As the deadline of 31st January 2024 approaches, taxpayers under dispute with the income tax department have a final opportunity to resolve their cases...
GST Officers Can’t Adopt Same Template For All Demand Orders: Delhi High Court
The Delhi High Court has cautioned the GST officers against the adoption of the same template for demand order.The bench of Justice Prathiba M....
Objections Raised By Assessee Not Rebutted By AO In Order: Bombay High Court Quashes Reassessment Notice
The Bombay High Court has quashed the reassessment notice on the grounds that the objections raised by assessee not rebutted by the Assessing Officer...
S. 42 Of PMLA: Bombay High Court Refuses To Condone 132 Days Delay In Filing Appeal By ED
The Bombay High Court has refused to condone the delay of 132 days in filing the appeal by the Enforcement Directorate (ED) under Section...
Customs Duty Not Payable By Corporate Debtor For Sale Of Floating Dry Dock To Foreign-Buyer During Liquidation: NCLT
The Amravati Bench of National Company Law Tribunal (NCLT) has held that customs duty is not payable by corporate debtor for sale of floating...
Bombay High Court Dismisses Petition Challenging CBDT Notification Restricting Section 80IB (10) Benefit Only To Housing Projects Approved After 1 April 2004 And Before...
The Bombay High Court has dismissed a petition challenging CBDT notification restricting section 80IB (10) benefit only to housing projects approved on or after...
Rates Charged By SEB For Supply Of Power Is An Appropriate External CUP For Determining Market Value Of Electricity: Delhi High Court
The Delhi High Court has held that the rates charged by the State Electricity Board (SEB) for supply of power to the Assessee was...
Mere Uploading Notice On GST Portal Is Not A Proper Service: Madras High Court
The Madurai Bench of Madras High Court has held that mere uploading notice on GST portal is not a proper service.The bench of Justice...
Diamond Imprest Authorisation Scheme To Support MSME Diamond Exporters: Know The Procedure
The Directorate General Of Foreign Trade (DGFT) has notified the Diamond Imprest Authorisation Scheme which supports the Ministry of Micro, Small and Medium Enterprises...
DGFT Introduces New Scheme Of ‘Diamond Imprest Authorisation’
The Directorate General of Foreign Trade (DGFT) has introduced the Scheme as 'Diamond Imprest Authorisation' under Chapter 4 of Foreign Trade Policy 2023.The Diamond...
Central Agencies Must Conduct Themselves Within Parameters Of Law: Bombay High Court Imposes Rs. 1 lakh Cost On ED
The Bombay High Court has imposed the cost of Rs. 1 Lakhs on Enforcement Directorate (ED) for initiating a money laundering probe against a...
Sec. 52A Of NDPS Act Is Procedural And Not Mandatory – By A. Rangadham
This Article pertaining to Sec. 52A Of NDPS Act Is Procedural And Not Mandatory is Authored by A. Rangadham, Superintendent (AR), Customs, Excise and...
Supreme Court Summaries Section 52A Of NDPS Act
The Supreme Court in the case of Bharat Aambale Versus The State Of Chhattisgarh has summarised Section 52A of NDPS Act (Narcotic Drugs and...
ITAT Allows Section 10(38) Exemption On Sale Of Share, Quashes Reassessment
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while quashing the reassessment, allowed the exemption under Section 10(38) of the Income Tax Act...
Dos and Don’ts For GST Officers During Arrest: A Comprehensive Guide
The Goods and Services Tax (GST) regime in India is governed by the Central Goods and Services Tax Act, 2017, which provides a framework...
Retraction Of Statements Before GST Authority: All You Need To Know
Retraction of statements made before Goods and Services Tax (GST) authorities is a critical aspect of tax administration in India. Taxpayers may find themselves...
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