CESTAT Chandigarh held that interest on refund not eligible if the assessment is finalized within three months as prescribed ...

Goods not liable for seizure and penalty thereof when designated route not taken during transportation ...

Delhi High Court held that passing of penalty order after the lapse of six months from the end of the month in which the ...

CESTAT Allahabad held that penalty imposable for the act of smuggling of battery scrap by concealing the same with plastic ...

It is most noteworthy that while ruling on a most significant point pertaining to carrying of weapons, the Single Judge Bench ...

CESTAT Chennai held that denial of refund claim related to cenvat credit of service tax under RCM by invoking provisions of ...

ITAT Hyderabad condoned delay of nearly a decade in filing of an appeal since tax liability was fastened on the assessee ...

ITAT Mumbai held that GST/service tax which is collected by the assessee from its customers and paid to the Government do not form part of the receipts for computation of income as per section 44BB of ...

Summary: The Standard on Auditing (SA) 610 provides guidance on the statutory auditor’s use of the internal audit function’s work in the audit process. Given the constraints of time and resources in ...

1. It has been reported by few taxpayers that their GSTR-2B for October-2024 period has not been generated on 14th November, 2024. In this regard it to be informed that as per the design of IMS, ...

Therefore, if on retirement, even on resignation by the employee, an employee gets by way of leave encashment any amount, clause (10AA) would apply, and the assessee would be entitled to the benefit ...

Securities and Exchange Board of India (SEBI) has issued an updated Master Circular on November 11, 2024, consolidating all circulars related to the SEBI (Issue of Capital and Disclosure Requirements) ...