SEBI’s power is murmur in a robust legislative framework that allows it to broad the regulatory and enforcement capabilities. The primary legal instrument, the SEBI Act of 1992, states that the ...

Thus, keeping these factors in mind the GST Council in its 53rd Meeting held in New Delhi on 22 June 2024 for the very first time, introduced the insertion of section 128A of the CGST Act 2017 in the ...

Notwithstanding anything contained in section 66 of Chapter V of the Finance Act, 1994, as it stood prior to the 1st day of July, 2012, or in section 66B of the said Chapter of the said Act, as it ...

Conclusion: Assessee’s application for condonation of delay under Section 119 (2) (b) of the Income-tax Act, 1961, and the subsequent refund claim, were rightly rejected due to the delay exceeding the ...

The ITAT found that the addition made by the assessing officer was unjustified, as Bhargava had provided substantial documentation, including sale deeds and bank statements, to substantiate the source ...

The Kerala High Court addressed an income tax appeal concerning the nature of an order passed by the Commissioner of Income Tax under Section 263 of the Income Tax Act. The assessee, Malabar Institute ...

The Kerala High Court addressed a revision petition concerning the Joint Commissioner’s jurisdiction to initiate proceedings against an assessment order. The petitioner, a manufacturer of unbranded ...

Surat addressed an appeal concerning a delayed filing due to the alleged non-service of an assessment order. The assessee, Harendrsinh Anupsinh Mahida, challenged an order passed by the National ...

The respondent, represented by the Additional Government Pleader, countered that the rectification application was thoroughly reviewed. They stated that the application was rejected due to the ...

The ITAT found that the CIT (A) had failed to adequately address the assessees’ contentions, merely stating that satisfaction was recorded and evidence existed, without providing specific details or ...

The directions included a requirement for the assessee to deposit 10% of the disputed tax amount upon filing the appeal and an additional 20% of the remaining disputed tax to stay the impugned order.

CESTAT Chennai Sets Aside Re-Determined Customs Valuation in Anisha Trends Case: The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, ruled on an appeal filed by Anisha Trends ...