News

Uttarakhand tax officials recover Rs 2.25 crore from Eden Senior Living over alleged GST irregularities involving flat sales.

Uttarakhand Tax Dept Recovers Rs 2.25 Crore From Eden Senior Living Over GST Irregularities

Emcure Pharmaceuticals has received multiple orders levying an aggregate penalty amounting to Rs 57.73 crore for the FYs 2014-15 to 2020-21.

Emcure Pharmaceuticals Receives Multiple Income Tax Orders Imposing Rs 57.73 Crore Penalty; Company Evaluates Legal Remedies

Judgement

The Punjab & Haryana High Court directs Proper Officers to verify supplier default, transaction genuineness and buyer’s link before denying ITC.

High Court Bars Mechanical ITC Reversal Against Genuine Buyers

The ITAT dismisses revenue appeal on low tax effect in Section 69B read with Section 115BBE dispute.


ITAT Rules CBDT Monetary Limit of Rs.60 Lakh Applies Where Section 115BBE Is Inapplicable to Business Income

The ITAT Delhi held CIT(A) must adjudicate legal and jurisdictional grounds before remanding assessment.


ITAT Delhi Remands Reassessment Appeals to CIT(A) for Failure to Decide Jurisdictional Grounds

NU Vista Limited, a wholly owned subsidiary of Nuvoco Vistas Corporation, has received a show cause notice proposing a Rs 24.98 crore tax demand for FY 2022-23.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Uttarakhand Tax Dept Recovers Rs 2.25 Crore From Eden Senior Living Over GST Irregularities

Emcure Pharmaceuticals Receives Multiple Income Tax Orders Imposing Rs 57.73 Crore Penalty; Company Evaluates Legal Remedies

High Court Bars Mechanical ITC Reversal Against Genuine Buyers

ITAT Rules CBDT Monetary Limit of Rs.60 Lakh Applies Where Section 115BBE Is Inapplicable to Business Income

ITAT Delhi Remands Reassessment Appeals to CIT(A) for Failure to Decide Jurisdictional Grounds

NU Vista Receives Rs 24.98 Crore Tax Demand Show Cause Notice for FY 2022-23 Over Yield Calculation and Moisture Loss