Judgement

Supreme Court held that CBDT circulars and instructions may bind Income Tax Department officials but cannot dictate how courts interpret the Income Tax Act.

CBDT Circulars and Instructions Cannot Bind Courts on Income Tax Act Interpretation, Holds Supreme Court

News

Punjab National Bank has received a SEBI warning over alleged insider trading rule violations involving six individuals, with no financial penalty imposed on the bank.

Punjab National Bank Receives SEBI Administrative Warning Over Alleged Insider Trading Violations Involving Six Individuals

Articles

Pharmaceuticals, textiles, footwear, fertilisers, renewable energy and EV sectors may seek relief from accumulated ITC arising from persistent inverted duty structures under GST.

GST Reform: Pharma, Textiles, EVs and Other Sectors Seek Relief from Accumulated ITC

Uttarakhand tax officials recover Rs 2.25 crore from Eden Senior Living over alleged GST irregularities involving flat sales.

Uttarakhand Tax Dept Recovers Rs 2.25 Crore From Eden Senior Living Over GST Irregularities

Emcure Pharmaceuticals has received multiple orders levying an aggregate penalty amounting to Rs 57.73 crore for the FYs 2014-15 to 2020-21.

Emcure Pharmaceuticals Receives Multiple Income Tax Orders Imposing Rs 57.73 Crore Penalty; Company Evaluates Legal Remedies

The Punjab & Haryana High Court directs Proper Officers to verify supplier default, transaction genuineness and buyer’s link before denying ITC.

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CBDT Circulars and Instructions Cannot Bind Courts on Income Tax Act Interpretation, Holds Supreme Court

Punjab National Bank Receives SEBI Administrative Warning Over Alleged Insider Trading Violations Involving Six Individuals

GST Reform: Pharma, Textiles, EVs and Other Sectors Seek Relief from Accumulated ITC

Uttarakhand Tax Dept Recovers Rs 2.25 Crore From Eden Senior Living Over GST Irregularities

Emcure Pharmaceuticals Receives Multiple Income Tax Orders Imposing Rs 57.73 Crore Penalty; Company Evaluates Legal Remedies

High Court Bars Mechanical ITC Reversal Against Genuine Buyers