The Mumbai ITAT ruled that a tax reassessment on alleged bogus capital gains was invalid, citing the lack of specific incriminating evidence found during the ...

On the 79th Independence Day, Hon'ble Prime Minister Sri. Narendra Modi announced a full fledged revamp of GST. The declaration is a very welcome one, though a little bit belated. Better late than ...

Bombay HC declared a provisional GST bank account attachment invalid, citing Section 83(2) of CGST Act, which limits such attachments to one ...

The Delhi High Court ordered the unfreezing of a company's bank account, ruling that the provisional attachment had expired as it was more than one year ...

The Orissa High Court has invalidated a state GST authority's demand against a businessman, ruling that it lacked jurisdiction to investigate a case already under a parallel probe by a central GST ...

The Gujarat High Court reduced a significant GST penalty to ₹25,000, ruling that a mere technical lapse like not generating Part-B of an e-way bill is not a major ...

Tripura High Court refuses to intervene in a GST case, directing the transporter to cooperate with the ongoing adjudication ...

Orissa HC directs restoration of original GST registration and allows claiming of Input Tax Credit, ruling technical difficulties cannot prevent enforcement of revisional ...

Delhi High Court set aside reassessment for AY 2018-19 holding that escaped income was under ₹50 lakh and did not meet conditions of Section 149(1A). AO’s attempt to club multiple years without ...

The Insolvency and Bankruptcy Board of India (IBBI) has rejected three RTI appeals, ruling that the applicant's requests for internal records were a misuse of the Act to harass the ...

SEBI has extended the deadline for its new margin pledge system to October 10, 2025, after requests from depositories for more time to prepare their ...

A step-by-step guide to year-end financial finalization, from closing books and reconciling ledgers to preparing statements and filing with the ...