Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

For Sales / Support:
WhatsApp

9911796707

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

Income Tax Bill, 2025 TaxTMI TMI - e-Newsletter TaxTMI Government Securities Trading Rules Modified Under... TaxTMI Finance Ministry Revises AIDC Rates: Bourbon... TaxTMI Partnership Firm Wins Appeal Delay Condonation... TaxTMI Tax Department Must Share Documents Requested by... TaxTMI Input Tax Credit Denied: Taxpayers Failed to Prove... TaxTMI Input Tax Credit Utilization From Different GST... TaxTMI DGFT Makes Electronic Certificates of Origin... TaxTMI Central Government Sets Phased Implementation Dates... TaxTMI RBI Revises Payment Rules Between ACU Member... TaxTMI Stock Exchanges Must Take Full Responsibility for... TaxTMI SEBI Makes Intermediaries Fully Liable for AI... TaxTMI New Income Tax Bill Proposes Single Tax Year... TaxTMI Assessment Order Under Section 73 of GST Act... TaxTMI Revenue Appeals Below Rs. 2 Crores Must Be... TaxTMI Legal Heirs Must Pay Compensation in Cheque Bounce... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

Highlights / Annotations / Catch Notes For May

Home Highlights May

Filter:

Showing 51 to 100 of 6674 Records

123 4 5 6........ 134

May 30, 2024 Case Laws GST HC

GST levy for ocean freight, ITC eligibility, and penalty u/s 122(2)(a) of CGST Act. The court partially allowed the Writ Petition.
May 30, 2024 Case Laws Income Tax AT

Non admission of appeal before the CIT(A) for non-payment of advance tax: Assessee not liable for advance tax u/s 208. Appeal restored.
May 30, 2024 Case Laws Income Tax HC

Court Allows LIFO or FIFO for Stock Valuation Amid Section 145A Amendment Challenge, Quashes Certain Notices.
May 30, 2024 Case Laws Income Tax AT

Penalty for Cash Transaction in Property Sale Overturned Due to Reasonable Cause and Genuine Declaration of Capital Gains.
May 30, 2024 Case Laws Income Tax AT

ITAT Rules on Capital Gains: Clarifies Short vs. Long-Term Asset Classification in Property Sale, Requires Reassessment.
May 30, 2024 Case Laws Income Tax AT

Tribunal Rules on Property Valuation Discrepancies, Upholds CIT(A) on Notional Income vs. Undisclosed Investment.
May 30, 2024 Case Laws Income Tax AT

Income tax proceedings against dissolved/insolvent companies cannot be continued. Liabilities for periods pre-resolution plan approval extinguished.
May 30, 2024 Case Laws Income Tax AT

Failure to get accounts audited u/s 44AB: penalty u/s 271B not applicable as assessee didn't maintain books of accounts.
May 30, 2024 Case Laws Income Tax AT

ITAT Chennai Upholds Best Judgment Assessment u/s 144 Due to Late Filing and Unexplained Cash Deposits.
May 30, 2024 Case Laws Income Tax AT

Interest on GST is allowable business expenditure. Interest on TDS is not allowable as business expenditure since akin to income tax liabilities
May 30, 2024 Case Laws Customs HC

Anticipatory Bail Denied in Gold Smuggling Case Due to Non-Cooperation and Lack of Evidence on Seized Assets.
May 30, 2024 Case Laws Customs HC

Rejection of benefit of Export Incentive Scheme. Following the precedence, DGFT directed to allow the claim under the FPS and MEIS Scheme
May 30, 2024 Case Laws Customs AT

The order from not imposing penalty u/s 114 on Respondents for smuggling undeclared cigarettes, confirmed. Penalty imposed on others u/s 112(a).
May 30, 2024 Case Laws Customs AT

Levy of penalty for misclassification of imported products for chewing gum; confirmed. Mis-declaration led to extended period for duty payment.
May 30, 2024 Case Laws Customs AT

Classification of 'enterogermina' imports clarified, emphasizing adherence to General Rules for Interpretation.
May 30, 2024 Case Laws Insolvency and Bankruptcy AT

Liquidator's special powers in liquidation process clarified. Adjudicating Authority upholds refund of BG amount.
May 30, 2024 Case Laws Insolvency and Bankruptcy AT

Appeal Dismissed: Security Deposit Not "Operational Debt" Under Insolvency Code; Pre-existing Dispute Cited.
May 30, 2024 Case Laws Money Laundering HC

PIL alleging money laundering and tax evasion dismissed, citing IT Department's examination. No further directions needed.
May 30, 2024 Case Laws Money Laundering HC

Bail Denied in Money Laundering Case: Court Stresses Fair Trial, Legal Rights, Considers Economic Offence Seriousness.
May 30, 2024 Case Laws Service Tax AT

Demand of service tax for Extended Warranty Scheme (EWS) is sustainable post 01.07.2012.
May 30, 2024 Case Laws Service Tax AT

Refund claim for Service Tax paid under reverse charge mechanism. Claim was Time-barred, revenue succeeds.
May 30, 2024 Case Laws Central Excise HC

Mens rea is proven in case of refund granted twice. Levy of penalty u/s 11AC sustained.
May 30, 2024 Case Laws Central Excise AT

Appeal dismissed due to excessive adjournments. Courts condemn mechanical adjournments. Follow rules to avoid dismissal.
May 30, 2024 Case Laws Central Excise AT

Colour Television Sets in SKD condition not classifiable as CTVs. Parts must have critical components for classification.
May 30, 2024 Case Laws Central Excise AT

Attachment of property invalid, partners not liable for firm's dues. Interest not applicable pre-1996.
May 30, 2024 Case Laws VAT and Sales Tax HC

Scope of review jurisdiction. Review power distinct from appellate power. It corrects errors, not grievances.
May 30, 2024 Case Laws VAT and Sales Tax HC

Karnataka High Court: Entry Tax on Goods Act's "Market Price" Definition Challenged; Delayed Reassessment Notices Invalid.
May 30, 2024 Case Laws VAT and Sales Tax HC

Refund of excess tax paid allowed. Alternative Tax Compliance Scheme for Contractors, 2016 found unconstitutional.
May 30, 2024 Case Laws Indian Laws SC

Period of limitation: Agreement to sell land case. Plaintiff failed to appear as witness, agreement not signed by all co-owners.
May 30, 2024 Case Laws Indian Laws HC

Petition Granted: Proceedings Quashed for Non-Inclusion of Company in Cheque Bounce Case Under Negotiable Instruments Act.
May 29, 2024 Case Laws Indian Laws SC

Court Upholds Strict Limitation on Appeal Delays, Dismisses Petition Due to Claimants' Negligence and Lack of Diligence.
May 29, 2024 Notifications Customs

Notification extends Countervailing Duty on 'Saccharin in all forms' from China PR until 28th Feb 2025.
May 29, 2024 Circulars DGFT

Gold/Platinum/Silver exports: Public Notice No. 05/2024 u/s Foreign Trade Policy 2023 is in abeyance till 31st July 2024 for reassessment.
May 29, 2024 Circulars Customs

Mid-year Special Drive (MSD) at Mumbai Customs Zone-II aims to enhance trade facilitation and logistics efficiency. Join the drive now!
May 29, 2024 Circulars DGFT

Gold/Platinum/Silver exports: Public Notice No. 05/2024 dated 27.05.2024 kept in abeyance till 31.07.2024
May 29, 2024 Case Laws Income Tax AT

Various tax issues: Foreign Exchange Gain, Deduction u/s 10B, MAT computation, Leave Encashment, 14A r.w.r. 8D, TP Adjustment, Weighted deduction u/s 35(2AB).
May 29, 2024 Case Laws Income Tax HC

Reassessment proceedings u/s 147: ITAT's finding that the reassessment was based on a change of opinion was perverse and unsustainable in law.
May 29, 2024 Case Laws GST HC

Review petition dismissed regarding the fraudulent I.T.C. claim as new evidence presented could have been submitted earlier.
May 29, 2024 Case Laws GST HC

Court Dismisses Petition Against Penalty for Non-Compliance with E-Way Bill Rules, Affirms Revenue's Jurisdiction.
May 29, 2024 Case Laws GST HC

Demand u/s 73 of CGST Act due to lack of notice receipt set aside. Petitioner granted opportunity to respond.
May 29, 2024 Case Laws GST HC

The order u/s 73 of CGST Act, 2017 lacked consideration of petitioner's detailed reply. AO directed to pass fresh order.
May 29, 2024 Case Laws GST HC

Retrospective cancellation of GST registration without reasons violates natural justice. Registration can't be cancelled mechanically.
May 29, 2024 Case Laws GST HC

Taxpayer did not cooperate in verifying Input Tax Credit. Order set aside due to lack of proper consideration. Matter restored back.
May 29, 2024 Case Laws GST HC

Detained goods may be released u/s 129(1)(a) of CGST Act, 2017. Petitioner can appeal against penalty.
May 29, 2024 Case Laws GST HC

Retrospective cancellation of GST registration without proper reasons violates natural justice. Show Cause Notice lacked details.
May 29, 2024 Case Laws Income Tax HC

Tribunal's remand to reassess 'pit filling' expenses was justified. No substantial question of law arises.
May 29, 2024 Case Laws Income Tax AT

IBC 2016 prevails over Income Tax Act. AO have limited jurisdiction during moratorium. Can assess the tax but cannot recover.
May 29, 2024 Case Laws Income Tax AT

Condonation of delay: 506-day delay in filing an appeal refused due to lackadaisical attitude of the assessee.
May 29, 2024 Case Laws Income Tax AT

Allowability of expenditure u/s 37(1) against partner's interest & remuneration. Deductions allowed for business expenses.
May 29, 2024 Case Laws Income Tax AT

Interest income from land acquisition not taxable u/s 28 - Additions of interest income derived from fixed deposits towards joint bank guarantee confirmed.

123 4 5 6........ 134

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: Participant Questions Legality of Single SCN for Two Years Under Secti...

F: Business Challenges ITC Reversal Due to Supplier's GST Non-Payment, Ci...

F: GST Registration Required for Reverse Charge on Goods Transport Servic...

F: Debate on GST's Applicability to Stamp Duty: Exemption Under SI. No 47...

H: GST Council Clarifies Rates: 5% on Pepper, Tax-Free Raisins, Different...

H: Exim Bank's $120M Credit Line to GO-VNM for High-Speed Guard Boats und...

H: Export-Import Bank's $180M Credit Line for Offshore Patrol Vessels Mus...

H: Gold Bullion Import Quota: New Rules for TRQ Allocation Require Certif...

H: DGFT Sets Import Quotas: 0.8 MT Calcined 1.9 MT Raw Petroleum Coke for...

H: Government Securities Trading Rules Modified Under Section 16 to Contr...

H: Finance Ministry Revises AIDC Rates: Bourbon Whiskey at 50%, Other Alc...

H: Private Companies Get Extended Deadline Until June 30, 2025 For Securi...

A: Section 10AA: Tax Exemptions for Companies in SEZs Boost Export Income...

A: Supreme Court orders insurance company to settle truck fire claim, val...

A: Court Quashes Penalty for Wrong Tax Head Credit Allocation; Electronic...

A: Uttar Pradesh Launches E-HRMS Portal for State Employees: Streamlined ...

A: Retrospective GST Cancellations Risk Halting Business Operations; Cour...

A: Filing Complaints on Misleading Food Labels: Understanding the Process...

A: Telangana High Court Validates Extension of Limitation Period for Show...

A: Global Shift to Ban Harmful Food Additives: Health, Safety, and Enviro...

A: E-commerce operators must pay GST liabilities via cash ledger under Se...

A: Indian Customs Cuts Port Dwell Time with Direct Port Delivery, Faceles...

F: Debate on Time-Barred Appeals Post FORM GST APL-02 Issuance Under Sect...

H: Small Retailer Gets Final Chance to Restore GST Registration by Filing...

H: GST Refund Claim Rejection Invalid: Authority Must Give Reasoned Order...

H: Tax Reassessment Under Section 147 Invalid When No Material Facts Were...

H: Tax Authorities Must Re-examine Trading Results and Form 26AS Discrepa...

H: Taxpayer's Section 10(26AAA) Sikkimese Exemption Claim Remanded for Fr...

H: Property Transaction Additions Under Section 69A Deleted Due to Bankin...

H: Assessment Order Under Section 56(1)(vii) For Rs. 139.67 Crores Quashe...