Articles

Comparison of India’s direct tax collections and refunds for FY 2025-26 and FY 2024-25, highlighting higher refunds and a slight dip in net revenue.

Direct tax collection: Rs. 6.64 Lakh Crore Collected, Higher Refunds Impact Net Tax Revenue

News

DCM Shriram Faces Rs. 40 Crore Impact as UP Reinstates Fees on Denatured Alcohol

Judgement

The High Court set aside GST Order passed Without Application of Mind as there was a violation of natural justice

GST Order Holding Petitioner Guilty Passed Without Application of Mind Quashed by HC

The high court observed that the order is a non-speaking order and therefore, both orders were quashed.

High Court Remands Back Non-Speaking GST Cancellation Order

Notifications

The Ministry of Finance has designated special courts under the PMLA in Telangana, Andhra Pradesh, Rajasthan, and Goa to streamline money laundering case trials.

FinMin Designates Special PMLA Courts in 4 States to Curb Money Laundering

Tribunal upholds deletion of Rs. 6.87 crore addition; holds foreign investments duly explained

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Direct tax collection: Rs. 6.64 Lakh Crore Collected, Higher Refunds Impact Net Tax Revenue

DCM Shriram Faces Rs. 40 Crore Impact as UP Reinstates Fees on Denatured Alcohol

GST Order Holding Petitioner Guilty Passed Without Application of Mind Quashed by HC

High Court Remands Back Non-Speaking GST Cancellation Order

FinMin Designates Special PMLA Courts in 4 States to Curb Money Laundering

ITAT: Share Premium from Non-Residents Can’t Be Taxed Under Section 68 of Income Tax