Notifications

The government has extended the tax exemptions for global pension funds and sovereign wealth funds, including MIC Redwood, Norfund, and others, under the Income-tax Act, 1961, until March 31, 2030.

Income Tax: CBDT Extends Tax Exemptions for Global Pension Funds and Sovereign Wealth Funds

Judgement

HC sets aside customs seizure of gold bangles; holds printed SCN waivers illegal and jewellery as personal effects.

Personal Jewellery Worn by Traveller Not Seizable HC Cites Natural Justice

Court refuses to quash penalty under Section 122(1A); says remedy lies in appeal, not writ, grants one month’s time.

High Court: No Writ Against allowed Rs. 285 Cr GST Penalty against GST consultant, Use alternate statutory appellate remedy

Tribunal quashes Rs. 5.90 Cr addition for cash deposits and Rs. 60 Lakh loan addition; holds all transactions duly explained with proper records.

Relief for Taxpayer, ITAT Deletes Demonetization Cash Deposits and Unsecured Loan Additions

Jeweller Gets Relief! ITAT Deletes 5.90 Cr Cash and 60 Lakh Loan Additions

The court quashed both the orders as the petitioner was not given a chance to be heard before passing the order.

Explore Our Blogs

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

Income Tax: CBDT Extends Tax Exemptions for Global Pension Funds and Sovereign Wealth Funds

Personal Jewellery Worn by Traveller Not Seizable HC Cites Natural Justice

High Court: No Writ Against allowed Rs. 285 Cr GST Penalty against GST consultant, Use alternate statutory appellate remedy

Jeweller Gets Relief! ITAT Deletes 5.90 Cr Cash and 60 Lakh Loan Additions

GST Order Passed u/s 73 Without Giving Opportunity of Being Heard Quashed by HC

Enviro Infra Gets Rs. 4.67 Crores GST Notices