News

The Ministry of Finance has extended the anti-dumping duty on Toluene Di-isocyanate (TDI) imports from the EU and Saudi Arabia until March 1, ...
1. Short title and commencement. – (1) These rules may be called the Companies (Indian Accounting Standards) Second Amendment Rules, 2025. (2) They shall come into force on the date of their ...
CBDT has granted income tax exemption to Tamil Nadu Electricity Regulatory Commission for specific income types, effective from FY ...
The Ministry of Finance has temporarily exempted cotton imports from customs duty and AIDC. The exemption, effective from August 19 to September 30, 2025, is aimed at public ...
The CBIC Chairman's August 2025 newsletter discusses upcoming GST reforms, the board's top ranking in grievance redressal, and a recent tax evasion case involving subsidized ...
The Ministry of Finance extends the anti-dumping duty on Fluoroelastomers (FKM) from China until February 26, 2026, following a review initiated in June ...
CESTAT Hyderabad held that section 17(4) of the Customs Act is not made for reopening or reviewing any issued final assessment order. Thus, adjudicating authority not empowered to review his final ...
Due to severe floods in Maharashtra, MCTC has requested a three-day extension for the GSTR-3B filing deadline, citing hardships faced by ...
Gauhati High Court observed that cancellation of GST registration u/s. 29(2)(c) of the CGST Act entails serious civil consequences. Hence, petitioner is given opportunity to furnish all the pending ...
ITAT Delhi held that cash deposited during demonetization period cannot be added as unexplained cash deposit under section 68 of the Income Tax Act since sufficient explanation of source of cash ...
Madras High Court held that Look Out Circular [LOC] of person accused in Enforcement Directorate [ED] case is kept in abeyance for specific period and the accused in permitted to travel abroad for ...
Bombay High Court held that anticipatory bail application in alleged customs duty evasion case allowed since the applicants have demonstrated their willingness to pursue the statutory remedy of ...