The court held that service tax paid on foreign exchange profit was not taxable and should have been refunded. It ruled that limitation cannot justify retention of wrongly collected ...
The Tribunal held that imports across multiple consignments without one-to-one correlation cannot be treated as complete drones. It set aside the denial of provisional ...
The Court held that procedural delay in filing Form 10B should not result in denial of exemption. It emphasized that ...
Observations regarding inconsistencies and possible backdating of documents led the Court to closely examine the claim. The ...
The case involved penalty for failure to respond to statutory notices during assessment. The Tribunal reduced the penalty after both parties agreed on a lower amount to resolve the ...
The Tribunal held that absence of commenced activities is not a valid ground to deny registration where objects are charitable and proposed activities align with ...
The issue involved denial of exemption for failure to attach audited accounts with Form 10B. The Tribunal held such lapse to be procedural and directed reconsideration, emphasizing that substantive ...
The Central Board of Direct Taxes (CBDT) has introduced a significant compliance change in the newly released ITR-4 (Sugam) for Financial Year 2025-26. The ...
Explore why composite GST notices across multiple years should be judged by severability, not invalidation, balancing tax recovery with statutory ...
The issue involved challenge to provisional attachment under Section 83 of the CGST Act. The Court refused to interfere, holding that the petitioner must first exhaust the statutory remedy of filing ...
The court ruled that cancellation was unsustainable where authorities ignored documents and passed non-speaking orders. It emphasized that decisions must reflect application of mind and proper ...
RBI released draft PPI Directions, 2026 to enhance security, governance, and operational clarity. The key takeaway is stricter compliance norms and improved customer protection in prepaid ...