The AAR examined the legal provisions under the IGST and Central Goods and Services Tax (CGST) Acts. Section 12 of the CGST ...

5. On the other hand, the Ld. Sr. DR supported the orders of lower authorities and submit that in absence of the details filed by the assessee, the ld. CIT (A) was fair in applying rate of 8% and he ...

SEBI Takeover Regulations, 2011 prohibits the acquirer who has made a Voluntary Open Offer from further acquiring the shares during the Offer Period otherwise than under the Open Offer.

ITAT Jaipur held that reasons recorded for selecting case for scrutiny never mentioned that case was selected for limited scrutiny hence approval for conversion not required. Matter remanded to CIT (A ...

ITAT Delhi held that rejection of claim of exemption under section 11 of the Income Tax Act for mere non-fling of Form 10B is not justifiable since filing of Form 10B is directory in nature and the ...

Effect of this Notification: The Import Policy of “Roasted Areca Nuts” falling under ITC (HS) Code 08028090 and 20081920 is revised from “Free” to “Prohibited” and Import shall be free if CIF Value is ...

Delhi High Court held that cash is explicitly excluded from the definition of goods provided u/s. 2 (52) hence seizure of cash and other valuable u/s. 67 of the CGST Act, 2017 is not tenable.

ITAT Mumbai held that person who stayed out of India for the purpose of employment and/ or in search of employment will be considered as non-resident provided the stay out of India is more than 182 ...

Having aggrieved by the said order of the Assessing Officer, the assessee preferred an appeal before the CIT (A). The CIT (A) held that there is no infirmity in the order of the Assessing Officer in ...

1. Minor procedural lapses should not lead to denial of 12AB registration if the trust’s charitable activities remain genuine ...

Assessee is a charitable institution who filed its return of income which was processed u/s 143 granting exemption u/s 11.

Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...