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The Delhi state government may soon introduce a one-time tax amnesty scheme to settle pre-GST disputes related to value-added tax (VAT), excise, and service tax. The trade and taxes department has made a proposal recommending the exemption of penalties and interest to expedite the recovery of the actual tax amount and facilitate court cases that […]
On July 8, 2025, the Ministry of Corporate Affairs (MCA) released Notification No. G.S.R. 456(E), which details the appointment of new part-time members to the Appellate Authority. This group comprises two Chartered Accountants, one Cost Accountant, and two Company Secretaries. Their roles are defined by Section 22A of the Chartered Accountants Act of 1949, the […]
GST ( Goods and Services Tax ) orders have been set aside by the Madras High Court, which was issued under Sections 73 and 74 of the GST Act without furnishing a proper hearing opportunity on a 10% pre-deposit instead of the mandatory deposit of 25%. Tvl. Evershine Industries, the applicant, has cancelled its GST […]
The High Court of Gauhati has ruled that a business can regain its Goods and Services Tax (GST) registration after it had been cancelled due to not submitting the required tax returns. The court decided this after the business paid all outstanding dues and completed the necessary paperwork. The taxpayer, Abdur Rofique, was running a […]
The addition of ₹5,01,500 made by the Assessing Officer (AO) under Section 69A of the Income Tax Act, 1961, has been overturned by the Cuttack Bench of the ITAT, which held that the cash deposits made during the demonetisation period were substantiated as business receipts. Tekchand Harilal, a firm that operates as a distributor of […]
An issue was addressed under the Orissa High Court for the validity of multiple assessment orders for the identical financial period in the case of Palem Ashok Reddy vs. Commissioner, GST & CX Commissionerate, Rourkela. An ex parte assessment order on July 2, 2024, issued by the Rourkela Commissionerate, demanding service tax of over Rs. […]
The Income Tax Appellate Tribunal in Ahmedabad has confirmed a decision to add ₹45.5 lakh to a person’s income due to claims of fake agricultural income. This means that the tribunal found that the individual was improperly reporting income from farming that wasn’t real. It was discovered that the taxpayer’s explanation that there has been […]
For not following legal rules after resigning as an auditor, a Rs. 50,000 penalty against Chartered Accountant (CA) Vijay Bora has been upheld by the Regional Director (Eastern Region) of the Ministry of Corporate Affairs. The case pertains to CA Vijay Bora of M/s Doogar & Associates, a chartered accountancy firm based in Mumbai. He […]
The Allahabad High Court ruled in favour of the applicant (M/S Vibhuti Tyres). The final demand of Rs 32.97 lakh was not legal and is higher compared to the original amount of Rs 8.81 lakh as specified in the show cause notice issued before the applicant under section 73 of the GST Act, the court […]
