Chhattisgarh High Court held that delay of three years in approaching Court without explaining sufficient cause for the delay ...

In recent case of Shree Shyamji Traders Versus State Of U.P., Allahabad High Court held that, order of cancellation without ...

Small and Medium Real Estate Investment Trusts (SM REITs), introduced by SEBI, are considered riskier than traditional REITs.

Assessment Instruction No. 6 outlines the process for passing assessment orders in the system. It provides a six-step ...

The Income Tax Appellate Tribunal (ITAT), Mumbai, ruled in favor of the assessee, Manish Manohardas Asrani, quashing a penalty of ₹44,90,048 levied under Section 270A (8) of the Income Tax Act, 1961.

Madras High Court held that petitioner being unaware of initiation of proceedings are directed to deposit 25% of disputed tax and submit objections by treating impugned assessment order as show cause ...

Held that, the proceedings under Section 130 of the CGST Act cannot be put to service if excess stock is found at the time of ...

ITAT Kolkata held that non-compliance on behalf of the assessee to notice and hearing notices was due to inadvertence and hence matter restored back to CIT (A) for fresh consideration.

The case of Party Time Hospitality Vs State of U.P. was heard by the Allahabad High Court, where the petitioner challenged ...

Madras High Court held that the co­insurance premium and re-insurance commission would not be considered as supply and hence ...

The Reserve Bank of India (RBI) issued a circular on December 2, 2024, addressing the issue of inoperative accounts and ...

Karnataka High Court held that the seized material that is used in the assessment proceeding against the petitioner is required to be shared with the petitioner/ assessee. Hence, matter remanded back.