In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with Rules 5C and 5D of the Income-tax Rules, 1962, the Central ...

Accused/Taxpayer cannot be kept in custody beyond the period of sixty days if complaint has not been filed pursuant to investigation for offences specified under GST Laws: Delhi HC ...

(“the Petitioner”) filed common issue of rejection of refund applications based on Section 54(3) of the CGST Act read with ...

The Income Tax Appellate Tribunal (ITAT), Delhi, delivered a significant ruling on January 10, 2025, in the case of Motricity India Pvt. Ltd. v. DCIT (ITA No. 1092/DEL/2023), addressing critical ...

Fraud Indicators related with Purchase and Construction Contracts Mechanism during Audit of PSU and Government Department ...

3. Absence of a succession plan: Many family businesses do not have a formal succession plan. This can lead to significant ...

The Dividend Distribution Tax (DDT) was first introduced vide Finance Act 1997 as a means to simplify the taxation of dividends. Over time, it underwent several modifications before being abolished in ...

The technological features of an exchange platform for cryptocurrency are keys to success that directly affect profits. An ...

A person arrested under Section 69 GST Act has both a fundamental and statutory right to know the grounds of its arrest. This serves not only to clarify the reasons for the arrest but also allows the ...

1 Reference is drawn to the circular titled “Complaint Handling and Grievance Redressal by Regulated Entities in the IFSC” (“the Circular”) issued on December 02, 2024, mandating the Regulated ...

1. It has come to the attention of the International Financial Services Centres Authority (IFSCA) that a series of phishing attempts have been made that involve fraudulent emails impersonating its ...

The Goods and Services Tax Network (GSTN) has issued an advisory regarding the Waiver Scheme under Section 128A, available on ...