High Courts have ruled that ITC cannot be denied to buyers with valid invoices even if the supplier’s GST registration is cancelled retrospectively. Maintain proper records to protect your ...

SC holds that unexplained delays in filing chargesheets violate the right to speedy trial under Article 21 and can justify quashing criminal ...

The ITAT found the AO's valuation incorrect, emphasizing that FMV must be determined on the date of transfer, leading to the restoration of the long-term capital loss for the ...

ITAT Mumbai condoned 75-day delay in filing appeal, recognizing assessee’s illiteracy and reliance on tax consultant, allowing fresh adjudication on ...

ITAT quashed the reassessments, agreeing with prior ruling that combined approval under section 148B for multiple assessees violates legal ...

SFIO mandates digitally generated summons with QR codes and DINs, enabling online verification to prevent impersonation and ...

Karnataka High Court quashed several notices, assessment orders, and bank garnishments issued under sections 148A, 147, 156, and 226(3), allowing the cooperative federation’s ...

The Authority concluded that the beverage is a fermented product made from rice using koji and yeast, with no malt content.

SEBI’s 2025 amendments define roles for managing directors, executive directors, CTOs, and CISOs, strengthening governance and risk management for stock exchanges and clearing ...

The Tribunal directed AO to compute Section 14A disallowance only for investments generating exempt income, following Rule 8D. The decision reinforces the need for precise calculation of disallowances ...

Supreme Court condoned a 524-day delay after noting inefficient internal procedures and repeated scrutiny steps. The ruling stresses need for streamlined administrative processes in filing ...

The Court reaffirmed that failure to issue SCN within prescribed time entitles goods’ owner to unconditional release under the Customs ...