Summary: The Indian government, under its Vision Bharat 2047, has launched the PAN 2.0 project to streamline and modernize ...

In the case mentioned above The Kolkata Bench of ITAT ruled that Section 68 of the IT Act is applicable when credit is received in the relevant year not for the earlier years.

Service Tax Refund of Company cannot can be appropriated towards outstanding dues of proprietary concern of Director: Kerala HC ...

Madras High Court held that jurisdiction under Article 226 of the Constitution of India cannot be exercised for examination of disputed questions of facts since entire basis of assessment order is on ...

Associate Lumber Pvt. Ltd. Vs Commissioner of Customs (Import) (CESTAT Chennai) CESTAT Chennai has emphasized that recovery ...

In a recent ruling, the Karnataka High Court quashed an income tax reassessment order and notice issued to the petitioner where the full sale consideration was considered in calculating capital gains ...

In a recent ruling, the Karnataka HC held that Notice and endorsement issued without waiting for expiry of the appeal period of three months is illegal and arbitrary and liable to be quashed.

A robust petty cash management system is integral for companies to guarantee the appropriate use and documentation of funds. Establishing an effective petty cash system involves critical elements: ...

Switzerland took this action to suspend MFN Clause because of the landmark ruling of Hon. Supreme Court of India in the case of Nestle which clarified that MFN Clause does not apply automatically when ...

The main benchmark of implementing Central Goods and Service Act, 2017 (for short “Act”) into nation is to reduce and to minimise the burden of tax returns/payment of taxes, to ensure the easiness and ...

Far from being a mere corporate buzzword, ESG has grown to define responsible business conduct. With environmental crises worsening, social inequalities widening and scandals involving governance ...

Delhi Bench delivered a significant judgment in the case of Sircar Securities & Allied Services Pvt. Ltd concerning Assessment Years (AY) 2017-18 and 2019-20. The case dealt with critical issues such ...