The ruling confirms that dehydrated dark seedless raisins fall under CTI 08062010. The key takeaway is that dried seedless ...

The GST Appellate Tribunal remanded the case to the DGAP after the respondent admitted that incorrect figures were earlier ...

The Tribunal accepted the DGAP report after the complainant failed to appear despite confirmed receipt of the hearing notice. The ruling shows that proceedings may be concluded when a complainant does ...

The Tribunal held that wrist watches are valuable articles covered under Section 69A, and additions made under Section 69 were ...

The tribunal accepted the investigation report finding no savings in pre- and post-GST credit ratios. With complainants settling disputes and withdrawing complaints, the proceedings were ...

The regulator amended banking regulations to shift statutory returns from Friday-based reporting to the last day of the fortnight. The key takeaway is simplified and uniform reporting timelines for ...

SEBI has proposed defining “significant indices” based on mutual fund AUM exceeding ₹20,000 crore. The draft also sets out how AUM will be calculated and seeks public ...

The Court upheld deletion of a major addition, holding that valuation under Section 56 must follow the prescribed rules and not unrelated transaction ...

The reassessment was annulled after the notice was found procedurally defective. The Tribunal affirmed that binding High Court precedent required issuance by a faceless ...

The Tribunal upheld that quarry expenses represented the cost of procuring raw material under a valid business arrangement.

Once the reassessment was quashed for jurisdictional and limitation defects, the Revenues appeal on merits became infructuous ...

Absence of a signature on the reassessment notice rendered it legally non-existent. All consequential proceedings and ...