The Supreme Court of India dismissed a challenge to the retrospective application of an amended GST Rule 89(5) for Inverted Duty Structure (IDS) refunds, affirming a Gujarat High Court ...

Assessee was engaged in agro-based trading, faced reassessment for (AY) 2017-18 based on information from a survey under Section 133A conducted at premises linked to Shri Ashok Kumar Gupta and ...

Madras High Court held that imposition of penalty u/s. 112 of the Customs Act, 1962 based on case of the person from whom gold was seized without independently considering the case of the petitioner ...

The Delhi High Court confirmed that a defendant's right to file a written statement is forfeited after 120 days. It upheld a decree for the recovery of an advance payment in a supply dispute, citing ...

GSTN's July 2025 advisories cover GSTR-1 HSN reporting, appeals against waiver orders, upcoming security enhancements for ASPs, non-editable GSTR-3B inter-state supplies, and GSTR-3A notices for ...

Jammu and Kashmir High Court granted bail to the petitioner caught in alleged illicit drug on the ground of medical condition ...

Delhi High Court clarifies that reasonable payments to trustees do not automatically revoke a trust's tax exemption under Sections 11 and 12, overturning the Revenue's ...

Understanding GST implications for corporate guarantees, including valuation rules, historical context, and recent clarifications from CBIC on taxability based on issuance ...

This article examines the provisions of Section 54(10), the issues arising from its application, particularly regarding minor ...

Voluntary winding up of LLP, as the name suggests, is initiated by the partners themselves, not by a court or creditors. This ...

The new tax regime, introduced to simplify taxation with lower rates, comes with a trade-off: fewer deductions. However, for ...

Rule 86B imposes restrictions on the use of the Input Tax Credit (ITC) for discharging GST liability. It mandates that taxpayers must use a minimum of 1% of their tax liability to be paid in cash, ...