In a recent ruling, a Division Bench of Bombay High Court directed the Income Tax Authorities to issue a fresh Form-3 subsequent refund of the amount paid under the Income Declaration Scheme (IDS) and the

A Division Bench of the Patna High Court (HC)restored GST Registration on non-consideration of response to Show Cause Notice (SCN) and delay amidst covid. The petitioner, M/s Kala Coke and Chemicals Pvt Ltd, approached the

This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from February 27 to March 4, 2023. Supreme Court to decide Restriction

This weekly round-up analytically summarises the key tax judgements of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from June 24 to June 30 2023. Application u/s 7 of IBC cannot be Rejected by

The Delhi High Court cancelled the anticipatory bail in the case relating to fraudulently obtaining input tax credit (ITC) worth Rs.200 crores by projecting transactions. During search of the registered premises of the exporter M/s

The Gauhati High Court refused to grant the Bail to the Tax Consultant for allegedly collecting fake invoices, and E-way bills to wrongfully avail Input Tax Credit (ITC). Mr. HRA Choudhury, senior counsel for the

The Finance Ministry of the Indian government introduced a bill highlighting details about Direct Tax dispute settlement scheme which is known as The Direct Tax ‘Vivad se Vishwas Bill, 2020’ for dispute resolution to direct

In the 50th meeting of the GST Council, Union Finance Minister Nirmala Sitharaman unveiled the decision to apply a 28% GST rate to online gaming, horse racing, and casinos on its face value. Following this

The Institute of Chartered Accountants of India (ICAI) has wrote to the Malayalam Actor Mohanlal for endorsements of false claims of the CA, CMA and ACCA coaching institute ‘Lakshya’ in advertisements. ICAI is the statutory

The Gauhati High Court refused to grant Bail to the person accused of illegally availing Input Tax Credit (ITC) worth Rs. 28.97 Crores. The petitioner, Amit Kumar is allegedly involved in the generation of invoices

The Bombay High Court granted the bail to the person alleged to have availed inadmissible ITC to the extent of Rs.191.66 crores. The petitioner, Daulat Samirmal Mehta has pleaded to be released on bail on

The Delhi High Court dismissed bail of applicant, Tarun Kumar on the ground that there was sufficient incriminating evidence about involvement of accused in offence of money laundering The SBFL was engaged in manufacturing and

In a recent ruling, the Gauhati High Court set aside and quashed the notice issued under Section 131 (1A) of Income Tax Act, 1961 by the Income Tax department citing no evidence of concealed income.

The Income Tax Appellate Tribunal, Delhi bench on Thursday upheld the case against the Gandhi family in connection with commercial immovable properties worth more than Rs 800 crore by incorporating Young Indian having a share

The Gauhati High Court issued the notice to DRI in respect of seizure of silver bars, silver balls, or granules. The respondents in the Directorate of Revenue Intelligence searched the business premises of the petitioners,