Judgement

The ITAT held that cash deposits made from genuine business sales during demonetisation cannot be treated as unexplained income under Section 69A merely because they involved old currency notes.

Cash Deposits Cannot Be Treated as Unexplained Income Merely for Accepting Old Currency, Rules ITAT

Technical procedural lapses alone cannot justify seizure under Section 129, rules High Court.

No GST Penalty for Technical E-Invoice Lapse in Transit State: HC

News

The RBI imposes Rs 3.10 lakh on Mintifi Finserve Private Limited for failure to upload the KYC records of some customers to the Central KYC Records Registry within the stipulated time.

RBI Penalises Mintifi Finserve Private Limited Over Failure to Upload KYC Records

Press Release

Newa Investments Private Limited was fined Rs 2.70 lakh by the RBI for changing over 30% of its directors without prior RBI approval, violating governance regulations.

Newa Investments Penalised by RBI Over Director Change Without Approval

The HC remanded the Rs 72.31 lakh IGST ocean freight refund dispute for fresh consideration after permitting the submission of legible Bills of Lading and supporting documents.

Calcutta High Court Remands IGST Ocean Freight Refund Dispute Over Illegible Bills of Lading

The ITAT deletes the Section 271D penalty due to the absence of an assessment stage satisfaction finding.

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Cash Deposits Cannot Be Treated as Unexplained Income Merely for Accepting Old Currency, Rules ITAT

No GST Penalty for Technical E-Invoice Lapse in Transit State: HC

RBI Penalises Mintifi Finserve Private Limited Over Failure to Upload KYC Records

Newa Investments Penalised by RBI Over Director Change Without Approval

Calcutta High Court Remands IGST Ocean Freight Refund Dispute Over Illegible Bills of Lading

ITAT Ahmedabad Deletes Rs 1.01 Crore Penalty Under Section 271D for Alleged Cash Deposits