Delhi High Court defers ruling on GST deadline extension notifications, awaiting Supreme Court's decision amid conflicting High Court ...

CESTAT Chennai rules on service tax liability for TASMAC's bar license fees, affirming statutory function post-March 2013 and citing judicial ...

Punjab & Haryana High Court dismisses revenue appeals, quashing tax scrutiny assessment against Crystal Phosphates Ltd. due to non-compliance with binding CBDT instructions for case ...

A common point of confusion for millions of grocery store owners and other small retailers in India is whether they must include Harmonized System of Nomenclature (HSN) code when filing their GSTR-1 ...

Understand role of Form 10F for non-residents to claim Double Taxation Avoidance Agreement (DTAA) benefits and avoid higher withholding tax in ...

Nowadays it is in highlight, in GST the main issue faced by taxpayer is the dispute that is emerging under GST which pertains to denial of ITC to a purchaser due to non-compliance by the supplier. Now ...

13. The Hon’ble Apex Court in the case of Suncraft Energy (supra) had occasioned to consider that the party who has paid the tax on invoices being raised and non-discharge of duties by the counterpart ...

Input Tax Credit (ITC) is one of the core features of the Goods and Services Tax (GST) system in India. It allows registered taxpayers to reduce their tax liability by claiming credit for the GST paid ...

RBI Governor Sh. Sanjay Malhotra announced RBI monetary policy on 6 th June 2025: The various decisions taken in the meeting of Monetary Policy Committee are as follows. (RBI Monetary Policy- ...

Hence, if a bank had earlier routed BDDR through reserves, no deduction would be allowed under income tax. Now, with RBI mandating P&L routing, co-operative banks can rightfully claim tax deduction, ...

CESTAT Delhi rules Customs officers lack power to re-determine export FOB value. Overturns order against Jayantah Trading Co on over-valuation, penalties, and drawback. Reaffirms transaction value ...

The Income Tax Appellate Tribunal (ITAT) Amritsar has deleted an addition of Rs. 4.72 lakh made to the income of senior citizen Balbir Kaur for Assessment Year 2012-13. The addition stemmed from a ...