Judgement

High Court confirms license revocation under 1998 Courier Regulations for clearing dubious consignments and enabling gold smuggling.

 High Court Upholds Revocation of Courier License for Lapses Under 1998 Regulations

News

A major GST scam in Chhattisgarh exposes Rs. 1 crore tax evasion by Shyam Surgical, involving fake firms and inflated medical supply bills worth Rs. 48 crore.

GST Scam: Chhattisgarh GST Dept. Uncovers Rs. 1 Crore Tax Evasion in Medical Supplies Worth Rs. 48 Crore

Articles

Since the AO did not issue the notice as per the prescribed revised format, the notice is invalid and unenforceable in law.

ITAT Delhi Quashes Assessment for Invalid 143(2) Notice Not in CBDT Prescribed Format

A 19-year-old masterminded a Rs 64 crore iPhone GST scam in Faridabad using fake companies, bogus invoices, and stolen IMEI data to fraudulently claim tax refunds.

IPhone Scam Worth Rs 64 Crore: Teenager’s Fake GST Billing Fraud Busted in Faridabad

Non-Filing Condoned: GST Registration Restored Subject to Assessee Clearing Outstanding Liabilities

HC Restores Cancelled GST Registration After Assessee Commits to Clear All Dues

Officials are directed to find the cases where LIFO has been used, as many jewellers are accused of wrongly benefiting from the increased price of gold to avoid tax payment.

Income Tax Department Starts Action Against Jewellers Using Accounting LIFO to Pay Less Tax

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