Judgement

High Court quashes reassessment notice u/s 148 for AY 2015–2016 as barred by limitation; order u/s 148A(d) also struck down.

High Court Quashes Reassessment Notice u/s 148 for AY 2015-2016 as Time-Barred

HC dismisses writ petition against cancellation of GST registration as appeal was filed after 928 days, beyond maximum condonable period under Section 107

High Court Dismisses Petition against Cancellation of GST Registration

Notifications

Shri Manoj Kumar has been designated as the new SEBI representative to the IFSC Authority, as per the latest government notification.

SEBI Gets New Voice in IFSC Authority [Govt Issues Notification]

Articles

India’s Income Tax Act places strict limits on high-value cash transactions. Exceeding these can lead to hefty penalties, here's what you need to know to stay compliant.

Friends Giving You Cash Loans? You Might Owe Huge Tax Penalties

High Court confirms penalty under Section 51(7)(b) of Punjab VAT Act; appeal held without merit and dismissed.

High Court Upholds Penalty Under Punjab VAT Act, Dismisses Appeal

Madhya Pradesh High Court holds insulating tape to be classifiable as an insulator under Entry 50, Part II, Schedule II of the MP VAT Act and not under the residuary entry.

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High Court Quashes Reassessment Notice u/s 148 for AY 2015-2016 as Time-Barred

High Court Dismisses Petition against Cancellation of GST Registration

SEBI Gets New Voice in IFSC Authority [Govt Issues Notification]

Friends Giving You Cash Loans? You Might Owe Huge Tax Penalties

High Court Upholds Penalty Under Punjab VAT Act, Dismisses Appeal

Big Relief for Pidilite! HC Rejects Residuary Entry on Insulating Tape