The Court held that dismissal of appeal as time-barred was unsustainable as Section 107(4) permits condonation within one ...

The High Court set aside cancellation of GST registration after finding that the show-cause notices did not specify date and time for personal hearing as required under ...

The Court held that mere recommendation for promotion does not create an accrued right when no D.P.C. or select list was prepared. Since the cadre was abolished before completion of the process, ...

SEBI has superseded Clause 2.6 of the Master Circular, introducing revised scheme categories, overlap limits, and standardized naming norms. Mutual funds must realign portfolios and disclose ...

The amendment replaces earlier valuation rule references with standards notified by the regulator through circulars. It centralizes control over valuation in liquidation ...

The Calcutta High Court held that amounts already deposited with CGST authorities, not linked to any outstanding liability, must be treated as compliance with statutory pre-deposit. The appellate ...

Rule 47 mandates Form 26 for audit reports under Section 63 with provision for revision in specified cases, while Rule 48 specifies approved electronic payment modes including UPI, NEFT, RTGS and CBDC ...

The ruling affirms India’s shift from literal interpretation to a substance-based tax regime. It clarifies that transactions existing only on paper, without real business purpose, may face denial of ...

Observing that the charge-sheet had been filed and the maximum punishment under Section 132 was five years, the Court granted bail. It relied on Supreme Court precedent emphasizing that prolonged ...

The High Court held that omission of Rule 96(10) without a saving clause applies to all pending cases. Refund claims for IGST paid on exports were directed to be ...

The High Court recorded that the new PAN had been cancelled and directed the petitioner to apply for restoration of the old PAN. The Income Tax Department was asked to provide a copy of the ...

The 2026 amendment replaces internationally accepted valuation standards with standards notified by the Board through circular. It strengthens regulatory control over valuation in personal guarantor ...