Explains why car insurance is mandatory in India, the penalties for non-compliance, ad how uninsured driving can expose ...

The webinar explains how the first reply and pleadings determine the direction of GSTAT appeals. It highlights drafting as a ...

The Court held that while Section 194H applies to supplementary commission, no tax demand survives once agents have paid tax. Recovery was limited to interest under section ...

Explore the nuances of overseas education facilitators under GST and the distinction between intermediary services and export ...

The High Court upheld deletion of additions based solely on unsigned loose sheets seized during search. In absence of independent corroborative evidence, such documents were held to have no ...

The Tribunal held that when sales are undisputed, entire purchases cannot be disallowed and only the embedded profit can be taxed, upholding a 20% ...

The Tribunal held that additions based solely on third-party GST information and suspicion cannot be sustained without independent investigation, restricting estimation to 1% of ...

It was held that a proposed object-clause amendment cannot justify outright rejection of 80G renewal. What matters is actual application of funds, not a removable clause in the trust ...

The Tribunal ruled that compensation and hardship allowance received during redevelopment are capital receipts and cannot be taxed as income from other ...

Additions based on third-party statements alleging circular trading were rejected as they did not refer to the assessee or show any cash trail. The ruling underscores that suspicion cannot replace ...

Validity of reopening and quantum of addition for alleged bogus purchases. Reopening upheld; addition restricted to 5% profit element. Key takeaway: Where sales and quantities are accepted, only ...

This roundup captures key tax, GST, customs, and financial sector updates released during the week. The key takeaway is improved clarity on exemptions, compliance, and regulatory ...