The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a transfer pricing adjustment of approximately ₹8.29 crore made in respect of licence fees paid for the distribution of ...

Kolkata, has held that the Revenue cannot rely on the absence of a specific statutory provision to deny interest on money deposited by an assessee during an investigation when the underlying excise ...

Banking transactions in India are increasingly being monitored through a combination of banking records, PAN-linked reporting, Statement of Financial Transactions (SFT), digital-payment systems and ...

The Rajasthan High Court has quashed a GST show-cause notice, adjudication order and consequential recovery proceedings ...

The Calcutta High Court has quashed a GST show cause notice issued under Section 74 of the Central Goods and Services Tax Act ...

The Jammu & Kashmir and Ladakh High Court has set aside GST detention and penalty proceedings after finding that the proper officer issued the show-cause notice beyond the mandatory seven-day period ...

The Rajasthan High Court has upheld the constitutional validity of Section 16(2)(c) of the Central Goods and Services Tax Act ...

The Calcutta High Court has ruled that a bona fide purchaser of a duty-free import licence cannot be compelled to pay customs ...

The GST Appellate Tribunal (GSTAT) has expressed concern over the department’s failure to appear at a hearing or clarify ...

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a Transfer Pricing Officer (TPO) cannot determine whether a foreign enterprise has a Permanent Establishment (PE) in India or ...

The Supreme Court has dismissed a large batch of appeals filed by the Union Government against the grant of disability ...

Delhi Bench has criticised departmental representatives for appearing at a hearing without checking whether they had received the respondent’s reply.