News

Ola Electric has reversed a Rs 57 crore provision for a PLI-related penalty despite no MHI approval, drawing auditor scrutiny over the accounting treatment.

Ola Electric Subsidiary Reverses Rs 57 Crore Penalty Provision After Missing an Investment Milestone under PLI Scheme 

Judgement

ITAT quashed the assessment order after holding that the failure to issue a mandatory notice under Section 143(2) within the prescribed time limit rendered the entire scrutiny assessment invalid.

ITAT Invalidates Entire Assessment Proceedings Over Failure to Issue Mandatory Section 143(2) Notice Within Prescribed Time Limited

The Rajasthan Commercial Taxes Department has issued revised guidelines for scrutiny of returns under Section 61 of the RGST Act, 2017. 

Rajasthan Commercial Taxes Department Issues New Guidelines for GST Return Scrutiny Under Section 61 of RGST Act, 2017

Reassessment set aside as issues were already scrutinized and no fresh material existed for reopening.

High Court Quashes Reassessment Based on Mere Change of Opinion After Scrutiny

Swiggy Instamart faces FSSAI scrutiny after multiple consumer complaints alleging food safety violations, expired products, and compliance lapses.

FSSAI Issues 9 Notices to Swiggy Instamart Over Food Safety Complaints

ITAT quashes assessment after AO exceeded limited scrutiny scope without mandatory conversion and CBDT approval.

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Ola Electric Subsidiary Reverses Rs 57 Crore Penalty Provision After Missing an Investment Milestone under PLI Scheme

ITAT Invalidates Entire Assessment Proceedings Over Failure to Issue Mandatory Section 143(2) Notice Within Prescribed Time Limited

Rajasthan Commercial Taxes Department Issues New Guidelines for GST Return Scrutiny Under Section 61 of RGST Act, 2017

High Court Quashes Reassessment Based on Mere Change of Opinion After Scrutiny

FSSAI Issues 9 Notices to Swiggy Instamart Over Food Safety Complaints

ITAT: Assessment Quashed as AO Exceeded Scope of Limited Scrutiny Without Mandatory Approval