Judgement

The Calcutta HC quashes the RBI's rejection of the NBFC surrender application and mandates a hearing and fresh decision after PBC compliance.

HC Invalidates RBI Rejection of NBFC Exit Application

The court holds the extended limitation invalid without evidence of intent to evade tax.

HC Quashes Service Tax Demand; Extended Limitation Needs Proof of Suppression

kolkata High Court allows Graphite India’s appeal, holding SEB tariff valid for 80-IA, subsidy as capital receipt, and MAT exclusion justified.

Sales tax subsidy for industrial expansion in backward areas is capital receipt: High Court

News

A Rs 1.3 crore GST fraud racket involving fake firms and bogus ITC was busted in Lucknow, with the arrest of a 35-year-old accused who exploited villagers’ documents for illegal transactions.

Major GST Fraud Racket Unearthed: 35-year-old Accused Arrested in Rs 1.3 Crore GST Evasion Case

After a surprise inspection by Delhi CM Rekha Gupta exposed absenteeism and poor service, the GST department saw a major reshuffle with 162 officials transferred to improve discipline and efficiency.

Delhi GST Department Faces Major Shake-Up After CM Rekha Gupta’s Surprise Inspection

The Bombay High Court has vacated the Non-Bailable Warrant against Libas Consumer Products Director Riyaz Ganji after he agreed to a ₹2.2 crore settlement with G S Majestic Developers Pvt. Ltd. The company has formally notified the National Stock Exchange of this resolution

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HC Invalidates RBI Rejection of NBFC Exit Application

HC Quashes Service Tax Demand; Extended Limitation Needs Proof of Suppression

Sales tax subsidy for industrial expansion in backward areas is capital receipt: High Court

Major GST Fraud Racket Unearthed: 35-year-old Accused Arrested in Rs 1.3 Crore GST Evasion Case

Delhi GST Department Faces Major Shake-Up After CM Rekha Gupta’s Surprise Inspection

Bombay High Court vacates Non-Bailable Warrant Against Libas Consumer Product Director Riyaz Ganji