Explains why car insurance is mandatory in India, the penalties for non-compliance, ad how uninsured driving can expose ...

The webinar explains how the first reply and pleadings determine the direction of GSTAT appeals. It highlights drafting as a ...

Explore the nuances of overseas education facilitators under GST and the distinction between intermediary services and export ...

A high-level committee has been formed to review and modernise the pension investment framework, focusing on diversification, ...

The Tribunal held that reassessment proceedings are invalid where notices are issued by the Jurisdictional AO instead of the Faceless AO. Non-compliance with the faceless scheme renders the entire ...

Holding in favour of the assessee, the Tribunal clarified that high-rate taxation under section 115BBE requires clear proof of bogus receipts. Suspicion based on third-party searches is ...

The Tribunal noted that no construction investment occurred during the year under appeal. Accordingly, no addition for unexplained investment could be sustained in that assessment ...

The Tribunal held that additions in a search assessment cannot survive without incriminating material. Mere repetition of an annulled earlier assessment was found legally ...

The ruling clarifies that mere reproduction of third-party information alleging disproportionate assets is insufficient. The Assessing Officer must clearly identify escaped income and apply ...

It was ruled that the Assessing Officer’s own finding of circular trading negates the application of bogus purchase jurisprudence. In the absence of evidence of sham transactions, estimated profit ...

Explains how routine corporate operations and mismanagement can cross into criminal fraud, highlighting the role of intent in triggering serious legal ...

The tribunal held that reliance on an investigation report cannot override the statutory requirement of section 68. Where the assessee maintained no books, additions based solely on bank credits were ...