In a recent judgment, Bombay High Court held that assignment of leasehold rights for consideration would not amount to supply of service under GST Act. In a recent judgment, Bombay High Court held that assignment of leasehold rights for a consideration shall be assignment/sale/transfer of benefits arising out …
ICAI revises eligibility criteria for empanelment of organizations to impart industrial training (Effective from 1st January, 2026) The Council of the Institute of Chartered Accountants of India has revised the eligibility criteria for empanelment of organizations to impart Industrial Training under Regulation 51 (2)(b) effective from 1st January …
Date of digital signature and issuance determines the date of a notice u/s148 of the Income Tax Act – ITAT In a recent judgment, ITAT Chennai has held that date of digital signature and issuance determines the date of a notice u/s148 of the Income Tax Act, 1961 …
DGFT authorises IACCIA to issue Certificate of Origin (Non- Preferential) w.e.f. 9th January 2026 In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy (FTÐ ) 2023, the Director General of Foreign Trade hereby authorises the following agency to issue Certificate of Origin (Non- Preferential), with …
Net profit rate may not per se experience variation commensurate to the increase of turnover. In a recent judgment, Allahabad High Court has held that net profit rate may not per se experience variation commensurate to the increase of turnover. No principle in law is available to necessarily …
Mushroom growing apparatus cannot be classified as ‘agricultural machinery’ under Customs Tariff Heading 8436. In a recent judgment, Hon’ble Supreme Court has held that mushroom growing apparatus cannot be classified as ‘agricultural machinery’ under Chapter Heading 8436 under Customs Tariff. ABCAUS Case Law Citation:4977 (2026) (01) abcaus.in SC …
