Interest
Indirect Taxes
DGFT’s Policy Interpretation Can’t Override CESTAT’s Statutory Jurisdiction: Madras High Court Dismisses PIL Over DFIA Imports
The Madras High Court has held that a provision in the Foreign Trade Policy...
Indirect Taxes
Customs Brokers Can’t Rely Solely On Importer’s Documents When Gold-Origin Certificates Remain Unverified: Madras High Court
The Madras High Court has dismissed a customs broker’s writ petition challenging an adjudication...
Indirect Taxes
No Interest, Penalty or Redemption Fine Leviable on IGST Demand Prior to 16.08.2024: CESTAT
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
GST
Interest U/s 50 Not Payable on ITC Merely Availed but Not Utilised: Orissa High Court
The Orissa High Court has held that interest under Section 50 of the CGST...
GST
Interest Not Mentioned in GST SCN Can’t Be Imposed Later: Allahabad High Court
The Allahabad High Court, Lucknow Bench has quashed a tax demand of over ₹1.02...
Columns
Interest on Income Tax Refund – 2025
The Indian Income Tax Department pays interest on income tax refunds at the rate...
GST
Interest, Penalty Recovered by Chit Foreman Not Exigible To GST: AP HC
The Andhra Pradesh High Court has held that the interest and penalty recovered by...
Direct Tax
Interest on FD, Tax Refunds Linked to Operational Obligations Qualifies for S. 80IA Deduction: Bombay HC
The Bombay High Court has held that interest earned on fixed deposits and tax...
GST
Gujarat HC Quashes Interest, Penalty in GST Transitional Credit Dispute
The Gujarat High Court has quashed the interest and penalty in the GST transitional...
Other Laws
Interest Payable On Refund Of Amount On E-Stamp Paper: Supreme Court
The Supreme Court has held that there is no statutory provision required for interest...
Indirect Taxes
Interest To Be Calculated Of Duty Short-Paid From Succeeding Month On Which Duty Was Payable: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore Bench has held that...
Direct Tax
Income Tax Deduction Allowable On Interest Income Earned From Deposits With Co-operative Banks: ITAT
The Income Tax Appellate Tribunal Ahmedabad ruled that the Income Tax deduction is allowable...
Latest articles
Indirect Taxes
DGFT’s Policy Interpretation Can’t Override CESTAT’s Statutory Jurisdiction: Madras High Court Dismisses PIL Over DFIA Imports
The Madras High Court has held that a provision in the Foreign Trade Policy...
Indirect Taxes
Customs Brokers Can’t Rely Solely On Importer’s Documents When Gold-Origin Certificates Remain Unverified: Madras High Court
The Madras High Court has dismissed a customs broker’s writ petition challenging an adjudication...
Indirect Taxes
CESTAT Has No Jurisdiction Over Baggage Disputes: Madras High Court Condones 37-Day Delay In Gold Confiscation Revision
The Madras High Court has held that the Customs, Excise and Service Tax Appellate...
GST
GST Portal Notices Going Unanswered? Officers Must Explore Other Modes of Service: Madras High Court
The Madras High Court has held that GST officers should explore alternative modes of...