News

Dreamfolks Services Limited has received a Demand cum SCN, proposing an aggregate demand amounting to Rs 1.58 crore, including a tax of Rs 78.86 lakh and a penalty of Rs 78.86 lakh, along with applicable interest.

Dreamfolks Services Faces Rs 1.58 Crore IGST Demand Over ITC Availment on Invoices Issued by GST-Cancelled Supplier

Judgement

The ITAT condoned a 115-day delay in appeal filing, directing the CIT(A) to reconsider the case involving an Section 68 addition after providing an adequate opportunity of hearing.

ITAT Restores Income Tax Appeal to CIT(A) After Condoning 115-Day Delay Due to COVID-19 Genuine Hardship

The Commercial Tax Department seized firecracker stock worth over Rs 10 crore from three shops on Muzaffarpur’s Garib Sthan Road following a two-day GST investigation that revealed discrepancies in stock records.

Major GST Crackdown in Muzaffarpur: Firecrackers Worth More Than Rs 10 Crore Seized from Three Shops, Traders in Panic

The ITAT restored appeal to the CIT(A) for fresh adjudication after finding that the appeal had been dismissed ex parte without deciding the grounds on merits. 

ITAT Restores Taxpayer's Appeal In Interest of Natural Justice After CIT(A)'s Failure to Decide Appeal on Merits

The 57th GST Council proposed RCM on specified waste and scrap supplies and 2% TDS on B2B transactions to improve tax compliance and transparency.

57th GST Council Meeting 2026: New GST Rules Proposed for Waste and Scrap Under RCM and 2% TDS

FM Nirmala Sitharaman announces a proposed faceless GST administration system to simplify tax compliance for around 2 lakh multi-state taxpayers through a single-window service.


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Dreamfolks Services Faces Rs 1.58 Crore IGST Demand Over ITC Availment on Invoices Issued by GST-Cancelled Supplier

ITAT Restores Income Tax Appeal to CIT(A) After Condoning 115-Day Delay Due to COVID-19 Genuine Hardship

Major GST Crackdown in Muzaffarpur: Firecrackers Worth More Than Rs 10 Crore Seized from Three Shops, Traders in Panic

ITAT Restores Taxpayer's Appeal In Interest of Natural Justice After CIT(A)'s Failure to Decide Appeal on Merits

57th GST Council Meeting 2026: New GST Rules Proposed for Waste and Scrap Under RCM and 2% TDS

Nirmala Sitharaman Announces Faceless GST Administration System for 2 Lakh Taxpayers Operating Across Multiple States