The case highlights how young entrepreneurs are choosing direct selling for time flexibility and digital-first operations. It ...

The Tribunal held that profit estimation cannot rest on conjectures or lump-sum allegations. In absence of identified bogus purchases or factual basis, the entire addition was ...

Courts held that orders passed without meaningful consideration of representations violate Sections 73(9) and 75(6) of the CGST Act, rendering such orders legally ...

Until MCA issues further clarification, professionals should continue issuing MGT-8 on peer-reviewed letterheads with UDIN and attach it to ...

Delhi ITAT held that a purchase-return mismatch does not constitute misreporting under section 270A(9). Immunity under section 270AA was granted, quashing the ₹10.69 lakh ...

The ruling confirms that reassessment based on investigation inputs cannot proceed without independent application of mind by the Assessing Officer. Prior scrutiny of share capital defeated the ...

The court held that reopening beyond four years is invalid when the recorded reasons do not allege failure to disclose material facts. Full disclosure by the assessee barred ...

The Tribunal held that reassessment initiated by a jurisdictional officer after the faceless scheme became mandatory was invalid. The key takeaway is that failure to follow the faceless mechanism ...

Patna High Court held that packing materials namely gunny bags and HDPE bags are integral part of cement sales ...

Delhi GST allows taxpayers to correct past ITC denials caused solely by Section 16(4) time limits, applying Section 16(5)/(6) via a special rectification ...

The court ruled that withdrawal of a murder prosecution lacks legal basis when evidence is yet to be tested. It held that serious crimes are offences against society and must proceed to trial ...

The regulator held that payouts labelled as awareness and marketing were actually unauthorised commissions. Insurers must ensure transparency, approvals, and proper classification of such ...