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 …

ICAI notifies Dates of CA Foundation, Intermediate and Final Exams May 2025 The Institute of Chartered Accountants of India has announced the next Chartered Accountants Foundation, Intermediate and Final Examinations to be held in May 2025 The examination in Post Qualification Course viz.: International Taxation –Assessment Test (INTT …

Grounds of arrest must be explained to the arrested person and also furnished to him in writing – CBIC revised guidelines for arrest and bail under GST laws. GST Investigation Wing of the Central Board of Indirect Taxes and Customs (CBIC) has vide Instruction No. 01/2025-GST dated 13.01.2025 …

Shares sold after seven years cannot be considered as an accommodation entry in penny stock Shares sold after seven years cannot be considered as an accommodation entry in penny stock – Supreme Court dismisses SLP In a recent judgment, Hon’ble Supreme Court has dismissed a SLP of the …

Date extended for furnishing GST returns for the month of December 2024 CBIC, on the  recommendations  of  the  GST Council has extended the time limit for furnishing the following GST returns: Form GSTR-5 – return by a non-resident taxable person for the month of December, 2024 till the …

Notice u/s 148 invalid as reasons recorded incorrect information that return was processed u/s 143(1) and no scrutiny assessment was done under Section 143(3) of the Act. In a recent judgment, Hon’ble Supreme Court has dismissed a SLP of the Revenue against the judgment of the Gujarat High …