Day: January 15, 2025
Reasons assigned for explaining the condonation of delay are to be construed with a justice oriented approach – ITAT In a recent judgment, ITAT Chandigarh condoned the delay in filing appeal before CIT(A) due to mistake of counsel observing that Courts are unanimous in their approach to propound …
RBI allows resident exporter to maintain Foreign Currency Account with bank outside India Reserve Bank of India(Foreign Exchange Department)(Central Office) Notification Mumbai, the 14th January, 2025 Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Fifth Amendment) Regulations, 2025 No. FEMA 10(R)(5)/2025-RB.—In exercise of the …
Cancellation of GST registration quashed as notice was sent on the ground of non filing of return but cancellation was done on a different ground In a recent judgment, Allahabad High Court has quashed the order cancelling GST registration when show cause notice was given for cancellation of …