The notification substitutes tariff value tables but keeps rates unchanged for key imports like edible oils, metals, and ...

The tribunal accepted an area-based methodology for computing profiteering in a housing project, rejecting turnover-linked ...

A slight increase in post-GST ITC was held to amount to profiteering when not passed on. The tribunal directed refund of the ...

CESTAT held that local transportation of goods, even with incidental loading, cannot be taxed as cargo handling when ...

This clarifies the eligibility for direct conversion into an LLP. The takeaway is that compliance with the LLP Act and Rules ...

The issue was whether a final assessment could stand when objections were filed before the DRP but not considered by the AO. The Court ruled that such an order violates the scheme of section 144C and ...

The Court held that reassessment based on a retrospective amendment to Section 80HHC is invalid. The key takeaway is that ...

The ruling clarifies that capital reduction involving foreign shareholders is treated as a transfer. FEMA compliance and tax ...

Explains how non-obstante clauses give priority to special tax provisions over general rules. Clarifies that the override ...

The issue was whether reassessment could proceed when financial statements were not called for despite the taxpayer’s ...

The Court held that interest under reverse charge cannot be recovered without prior adjudication. Coercive recovery was set ...

The issue was whether a Section 148 notice for AY 2015-16 issued in August 2024 was time-barred. The Court held it exceeded ...