ITR filing: ITAT deletes ₹10 lakh Black Money Act penalty over foreign ESOP disclosure
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a ₹10 lakh penalty imposed under the Black […]
ICAI Issues GST Sectoral Guide for Charitable Trusts and Non-Profit Organisations
The Institute of Chartered Accountants of India has issued a comprehensive “GST Sectoral Guide on Charitable Trusts and NPOs” to
Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets
The Centre for Trade and Investment Law (CTIL), Indian Institute of Foreign Trade (IIFT), in collaboration with the Confederation of
Government Revises Duty Drawback Rates for Gold Jewellery and Silver Jewellery and Articles
The Central Government has revised the All Industry Rates of duty drawback applicable to specified exports of gold jewellery and
GST Appellate Tribunal, Mumbai Bench Issues Clarification on Token Generation for Filing Appeals by 31 July 2026
The Goods and Services Tax Appellate Tribunal, Mumbai Bench, has issued a clarification regarding the token-generation mechanism introduced for appellants
Govt lists five new Bills, including MSME and Income-tax amendments, in tentative Monsoon Session agenda
Ahead of the Monsoon Session of Parliament, which is scheduled to begin from 21 July, the government has proposed introducing
Income Tax Department Issues User Guide for Accessing Foreign Assets Information on Compliance Portal; New functionality enables eligible taxpayers to securely view foreign financial information received from overseas jurisdictions
The Directorate of Income Tax (Systems) has issued Version 1.0 of the “Foreign Assets Information User Guide – July 2026”
Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon session
The government plans to introduce the Income-tax (Amendment) Bill in the upcoming Monsoon Session of Parliament to replace the Ordinance
Violation of Natural Justice: Adjudication on the Same-Day Without Hearing is an ‘Eyewash’
The Hon’ble Uttarakhand High Court in the case of Poddar Ispat Pvt. Ltd. v. Office of the Deputy Commissioner &
Mere Deposit in Electronic Cash Ledger Does Not Amount to Payment of GST Unless Appropriated to Government Account
The Hon’ble Andhra Pradesh High Court in the case of Sona Enterprises vs. The State of AP & Anr. [Writ
