CESTAT observed that since the appellant recorded the transactions in its books and voluntarily paid the tax and interest ...

NCLAT decisions, to emphasize that claims under Section 11E of the Central Excise Act and similar provisions are not ...

In the case of Ugar Sugar Works Limited Vs ACIT, the Bombay High Court quashed a reassessment order passed by the Income Tax ...

The petitioner was served with assessment orders in Form GST DRC-07, dated 07.06.2022, 07.06.2022 and 08.01.2022, passed by ...

Union Budget 2025-26 introduces key amendments to GST laws to enhance trade facilitation. Starting from April 1, 2025, input tax credit distribution will be allowed by Input Service Distributors for ...

To promote development of domestic MROs for aircraft and ships, the July 2024 Budget extended the time limit for export of foreign origin goods that were imported for repairs, from 6 months to one ...

SLEW OF DIRECT TAX REFORMS PROPOSED IN UNION BUDGET 2025-26 TO ACHIEVE GOOD GOVERNANCE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Union Budget 2025-26, in ...

Amendment to Section 9 (1) of the Act Section 9 (1) – A party may, before, or during arbitral proceedings or at any time after the making of the arbitral award but before it is enforced in accordance ...

Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman presented Union Budget 2025-26 in the Parliament today. The highlights of the budget are as follows: The total receipts other ...

SEBI introduced usage of Unified Payments Interface (UPI) as a mode of payment in the securities market for the first time in 2019. The successful experience and efficiency brought by UPI resulted in ...

For the accounting of iSAFE notes, there are no clear standards or guidelines prescribed by the Institute of Chartered Accountants of India (ICAI). iSAFE notes are listed as “Preference Share Capital” ...

The company and the officers must remit the penalty within 60 days, or face further legal consequences under Section 454 of the Companies Act. The company’s failure to promptly appoint a woman ...