Tax Guru22m
Market Outlook 2025 Global Trends and Predictions
Gold investing gained widespread popularity with the launch of the first Gold ETF in 2004, triggering a dramatic rise in ...
Tax Guru2h
Cocoa beans not satisfying quality standards re-exported hence redemption fine and penalty reduced
v. Imported Cocoa Beans can be confiscated under the Customs Act and it would not amount to contravention of the provisions ...
Tax Guru2h
Bail in evading ITC by creating fake firms granted since main accused already released
Allahabad High Court granted bail to accused involved in evading Input Tax Credit by creating fake firms since the main ...
Tax Guru31m
Transfer of Industrial Land under Assignment Agreement Not Liable for GST: Gujarat HC
Gujarat High Court, in the case of Gujarat Chamber of Commerce and Industry & Ors. vs. Union of India & Ors., held that the transfer of industrial land under an assignment agreement constitutes the ...
Tax Guru35m
Whether Independent Director is eligible for ESOP and Sweat Equity shares?
Listed company issue sweat equity shares in compliance with ch-iv / regulation 28 to 40 SEBI (SBEB & SE)Reg-2021, and Reg-29 provIDes Definition of employee in relation to issue of sweat equity shares ...
Tax Guru59m
Re-assessment beyond Time Limit under Section 149 Not Justified: ITAT Surat
ITAT Surat held that as per section 150 (2), re-assessment permission u/s 150 (1) of the Act would not be available to the Department, since time limit for re-assessment as stated under section 149 ...
Tax Guru2h
No claim under IBC will survive when Unit Holders handed over possession and conveyance deed had been executed
18. The real-estate allottees are Financial Creditors as per provisions of the IBC and in event any real-estate allottee has a claim against the CD, he is fully entitled to file a claim on ...
Tax Guru11h
Single Instance of Following Girl Not Enough to Constitute Stalking Offence: Bombay HC
Solitary Instance of Following Girl Would Not Be Sufficient To Make Out The Offence of Stalking: Nagpur Bench of Bombay HC ...
Tax Guru1h
Nodal Officer Designation for IGST Act Section 14A(3)
The appointed nodal officer will oversee responsibilities as specified under these rules and ensure compliance with the IGST provisions. This notification is effective immediately upon its publication ...
Tax Guru1h
Panchnama Isn’t a Seizure Memo; Officer Must Record Reasons
Conclusion: Panchnama could not be considered as seizure memo and the customs officers acting on secret information must record at least the minimal reasons in the seizure memo as seizing officer ...
Tax Guru1h
CBIC Chairman Highlights: Pension Reforms, GST Evasion & Retirements
The CBIC also bade farewell to prominent officers, including Sh. Alok Shukla, Ms. Renu Jagdev, and Sh. Rajeev Jain, who retired after distinguished careers. Their dedication and leadership have left a ...
Tax Guru8h
Review of non-taxability of interest from FDRs as exempt as part of Corpus Fund u/s 11(1)(d) was remanded back to AO
Conclusion: The matter was remanded back to AO to review the non-taxability of interest from Fixed Deposit Receipts (FDRs) as ...