The High Court held that cross-state transfer of ITC on amalgamation cannot be denied due to GST portal limitations. It ruled that statutory rights override technical ...

The Supreme Court has admitted a case to resolve conflicting interpretations of due dates for PF/ESI contributions. The ruling will impact deduction claims and pending ...

GST provides a structured ladder of assessment mechanisms based on compliance and risk. Understanding each stage helps taxpayers avoid disputes and manage liability ...

The Court clarified that recovery actions must be confined to the assessee liable for tax. Attaching a director’s personal account without evidence of liability was held unlawful. The judgment ...

The article explains that accounting treatment differs significantly between standalone and consolidated financial statements. It highlights that Ind AS 105 applies mainly at the consolidated level, ...

The Court held that unsubstantiated allegations causing reputational harm must be removed. It directed platforms to take down or block such content within 24 hours in ...

The Tribunal rejected appeals filed by the assessee s father despite claims that the assessee was untraceable. It clarified that absence of the assessee does not authorize relatives to file appeals.

B mismatch was upheld, emphasizing strict reconciliation requirements. Timely correction and response are crucial to avoid ...

The issue involved expiring tenures of tribunal members and lack of replacement mechanisms. The Supreme Court permitted a uniform extension framework up to September 2026. The decision aims to ...

The High Court held that ITC claims for financial years 2017-18 to 2020-21 remain valid if returns were filed before 30 November 2021 under the amended Section ...

The Supreme Court asked the government to review policies promoting pulses cultivation after concerns were raised about insufficient MSP incentives and market support for ...

The tribunal set aside the assessment after finding that faceless assessment proceedings were initiated before the scheme was formally notified, rendering the assumption of jurisdiction ...