News

On the 79th Independence Day, Hon'ble Prime Minister Sri. Narendra Modi announced a full fledged revamp of GST. The declaration is a very welcome one, though a little bit belated. Better late than ...
Bombay HC declared a provisional GST bank account attachment invalid, citing Section 83(2) of CGST Act, which limits such attachments to one ...
The Calcutta High Court has declared a provisional bank account attachment invalid, ruling it expired after one year under Section 83(2) of the CGST ...
The Orissa High Court has invalidated a state GST authority's demand against a businessman, ruling that it lacked jurisdiction to investigate a case already under a parallel probe by a central GST ...
The Gujarat High Court reduced a significant GST penalty to ₹25,000, ruling that a mere technical lapse like not generating Part-B of an e-way bill is not a major ...
The Delhi High Court ordered the unfreezing of a company's bank account, ruling that the provisional attachment had expired as it was more than one year ...
The Delhi High Court ordered a bank to unfreeze a company's account, ruling that the provisional attachment, issued by an officer of a lower rank, had ...
Tripura High Court refuses to intervene in a GST case, directing the transporter to cooperate with the ongoing adjudication ...
The Mumbai ITAT ruled that a tax reassessment on alleged bogus capital gains was invalid, citing the lack of specific incriminating evidence found during the ...
A guide to issuing bonus shares for private companies under the Companies Act, 2013, covering legal frameworks, procedural ...
A guide to accounting for R&D in India under Indian GAAP and Ind AS 38. Learn the difference between research and development ...
Gujarat High Court quashed a GSTIN cancellation, finding a departmental error where wrong registration number was canceled and ordered its immediate ...