Judgement

The ITAT Ahmedabad holds that mere silence in assessment order does not establish lack of Inquiry or justify revision.


ITAT Quashes Section 263 Revision as AO Had Examined Related-Party Payments Under Section 40A(2)(b)

News

ESL Steel Limited has received a GST show cause notice proposing recovery of approximately Rs. 2.76 lakh in IGST over alleged short payment under the Reverse Charge Mechanism for FY 2022-23. 

Vedanta Subsidiary ESL Steel Receives GST SCN for Rs. 2.76 Lakh IGST Demand Over Alleged RCM Short Payment

The ICAI has officially opened the one-day window for the submission of the MEF Form 2026-27 at meficai.org, providing members with one last opportunity. 

Good News! ICAI Opens One-Day Window for Submission of MEF Form 2026-27 at meficai.org 

DreamFolks Services Limited receives relief as the Mumbai GST Appellate Authority sets aside a Rs 1.35 crore tax demand related to alleged input tax credit mismatches for FY20.

DreamFolks Services Gets Major Relief as Mumbai GST Appellate Authority Sets Aside Rs 1.35 Crore Tax Demand

A Central GST team’s raid on an iron trader’s shop in Hathras sparked a major uproar, with the trader alleging assault and a dispute over the search warrant, while officials denied the allegations.

GST Team Raid at Iron Trader’s Shop in Hathras Sparks Major Uproar as Traders Gather and Allegations of Assault Emerge

A CA has allegedly lost Rs. 1.70 lakh in a suspected banking fraud linked to a WhatsApp debit alert, highlighting the need to verify suspicious messages and follow essential cybersecurity precautions.

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ITAT Quashes Section 263 Revision as AO Had Examined Related-Party Payments Under Section 40A(2)(b)

Vedanta Subsidiary ESL Steel Receives GST SCN for Rs. 2.76 Lakh IGST Demand Over Alleged RCM Short Payment

Good News! ICAI Opens One-Day Window for Submission of MEF Form 2026-27 at meficai.org

DreamFolks Services Gets Major Relief as Mumbai GST Appellate Authority Sets Aside Rs 1.35 Crore Tax Demand

GST Team Raid at Iron Trader’s Shop in Hathras Sparks Major Uproar as Traders Gather and Allegations of Assault Emerge

New WhatsApp Fraud Alert! Can Replying ‘NO’ Put Your Bank Account at Risk? CA Allegedly Loses Rs 1.70 Lakh