The International Financial Services Centres Authority (IFSCA) issued a circular on the trading and settlement of Sovereign Green Bonds (SGrBs) in the International Financial Services Centre (IFSC).

2. Further, as per GST portal data policy, data for view of taxpayer to be retained for seven years only. Therefore, the same data policy is being implemented on the GST portal. Thus, return data will ...

The Hon’ble Supreme Court today disposed off 573 direct tax cases where the tax effect is less than ₹5 crore, in view of the revised monetary limit of filing of appeals. This significant milestone ...

Notification No. 09/2023-CT is challenged on the ground that in the absence of force majeure, the Government could not have exercised the power under Section 168A of the CGST Act. In respect to ...

Delhi High Court held that difference between purchase price of Stock Appreciation Right and the sale price at the time of ...

3. 50% of Basic (metro cities) or 40% of Basic (non-metro cities) ...

ITAT Ahmedabad held that interest income earned from deposits with Co­operative Banks shall be allowed as deduction u/s 80P (2) (d) of the Income Tax Act.

Kerala High Court held that competent authorities under the Income Tax Act is entitled to seek interim custody of the currency notes that are seized and produced before the Jurisdictional Magistrate.

Delhi High Court held that as per Article 12 of India-Ireland DTAA revenue receipt from aircraft leasing is outside the ...

Allahabad High Court directed departmental officer to furnish all documents referred in show cause notice with regard to cancellation of GST registration and also directed to pass speaking order post ...

The rate of tax applicable on the work contract service provided by a contractor to a the developer (promoter) for construction of a real estate project shall be 12% for affordable residential ...

Summary: The Madras High Court in Indian Potash Ltd. v. Deputy Commissioner (ST) GST Appeal ruled that an appeal cannot be rejected due to the technical defect of not submitting the hard copy of the ...