News

The Income Tax Department raided and seized large amounts of currency notes from TMC MLA Zakir Hossain's properties in Murshidabad and Kolkata.

Income Tax Raid: IT Dept. raids several premises of TMC MLA Zakir Hussain; Seized Huge quantities of Currency Notes

Public Notice

The Directorate General of Foreign Trade (DGFT) has discontinued Tariff Rate Quota for import of Crude Soya bean oil w.e.f. 01.04.2023 via issuing Public Notice.

DGFT Discontinued Tariff Rate Quota for Import of Crude Soya Bean Oil

The CBI has registered a case against a private company based at Mumbai and others including its 04 Directors/Guarantors for Bank fraud of Rs. 4957.31 crore.

Bank Fraud Rs. 4957 Crore: CBI Registers Case Against Mumbai Based Company on Allegations of Bank Fraud

GST Portal recently implemented a feature known as Automated Drop Proceedings of GSTINs suspended due to non-filing of returns.

GSTN issued Advisory on Initiating Drop Proceeding by taxpayers

Judgement

Books of account of Assessee can be rejected on account of higher consumption of electricity: HC

VAT Dept rightly imposed tax liability on difference in the stock not recorded in books found during survey: HC

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