Rule 86B imposes a restriction on the utilization of Input Tax Credit (ITC) by mandating that registered persons whose taxable turnover (excluding exempt and zero-rated supplies) exceeds ₹50 lakh in a ...

Bombay High Court directed release of bank guarantees since claim stood extinguished due to default on part of respondent to lodge their claim with Resolution Professional. Accordingly, interim ...

AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...

The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000 are completely false, misleading, and without any basis. Currently, there is no such ...

Convertible Note (“CN”) is an attractive financing instruments for early stage funding of Startups due to its flexibility and ...

As per the notification, revised All Industry Rates of Duty Drawback are applicable to the following tariff items: Tariff item 711301: The rate is increased from ₹335.50 to ₹405.40. Tariff item 711302 ...

1. The Appellant has filed the present Appeal dated 5th March 2025, challenging the communication of the Respondent, filed under the Right to Information Act (RTI Act). As the Appeal required a ...

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) ...

Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has issued Notification No. 34/2025 dated 17th April 2025, specifying the “Ten Year Zero Coupon Bond” of Housing and Urban ...

The First Appellate Authority, upon reviewing the applications and responses, determined that Mr. Agarwal was engaged in a pattern of repeatedly filing multiple RTI applications seeking substantially ...

Delhi High Court held that Eating House Registration/ License shall be deemed to be duly registered until its registration certificate is duly renewed OR renewal has been refused in terms of para-6 ...

Briefly stated, the facts of the case are that the appellants are engaged, inter alia, in the manufacture of Tyres, Tubes, Valves etc., falling under Chapter 84 of the First Schedule to the Central ...