The Tribunal held that customs authorities lacked legal authority to levy cost recovery charges, rendering the commissioner’s ...

The bank invites CA firms for conducting a concurrent audit of its Mumbai treasury operations, ensuring compliance with RBI ...

The High Court held that the petitioner must pursue the appellate remedy under Section 112 of the CGST Act, declining to ...

Andhra Pradesh High Court held that notices issued under Sections 148-A and 148 outside the faceless assessment scheme are ...

The Court held that refund appeals pending for years must be decided within the statutory one-year period under the CGST Act.

ITAT Pune held that the Section 263 revision was unsustainable as the AO conducted adequate scrutiny and expenses were recovered from associated enterprises. Expenditure classification did not make ...

Receipt and repayment of Rs. 2.02 crore via proper banking channels establishes genuineness of the transaction; Section 68 addition was deleted despite non-materialisation of ...

ITAT Mumbai held that transaction of sale of shares is not business income since assessee was never involved in the business affairs of the company. Further, consideration is treated as capital gain ...

Discover AI applications that streamline compliance, tax filings, and audits, helping CA firms save hours daily while improving ...

Explains why denial of an SPL-02 waiver under Para 4(4) is incorrect when interest and penalty stem from a Section 73 adjudication. Clarifies that such cases rightly qualify for Section 128A ...

The Tribunal held that the reassessment was invalid because the AO relied on outdated investigation data without linking it to the assessee’s transactions. Since the information pertained to a period ...

The Court ruled that PoK is part of India, making cross-LoC trade intra-state and taxable. GST notices were upheld, and ...