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IRDAI Master Circular on Rural, Social Sector & Motor Third Party Obligations

IRDAI's Master Circular for 2025-27 sets mandatory insurance coverage targets for rural, social, and motor third-party ...
Tax Guru21m

ITAT: Genuineness of Activities, Not Commercial Nature, to be seen while granting registration u/s 12AA and 80G

ITAT Delhi ruled Rasha Welfare Foundation's EV initiative is charitable, not commercial, upholding 12AA & 80G registration. Focus on genuine activity, not incidental ...
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ITC Reversal Mandatory for Supplier Tax Default if recipient lacks proof of genuine goods receipt

Gujarat High Court mandates ITC reversal under Section 16(2)(c) if the supplier fails to pay output tax and the recipient lacks proof of genuine goods ...
Tax Guru19m

GST Interest Recovery Needs DRC-01D Notice: Gujarat High Court

Gujarat High Court rules that interest on self-assessed GST under Section 50(1) cannot be recovered under Section 79 without prior issuance of Form GST DRC-01D ...
Tax Guru49m

Sourav Dey GST Advance Ruling Application Rejected by AAR West Bengal

West Bengal GST AAR rejects Sourav Dey's advance ruling application on pulse de-husking GST liability after the applicant withdrew the request and failed to appear for ...
Tax Guru45m

Fixing 3 consecutive hearing under a single notice is unjustified: Karnataka HC

Karnataka High Court set aside a customs duty demand of Rs. 1.02 crore against IPC Packaging Company Pvt Ltd, citing a breach of natural justice by tax ...
Tax Guru53m

No Share Capital Additions in Absence of Incriminating Material: ITAT Raipur

ITAT Raipur sets aside additions against N.R. Ispat & Power Pvt. Ltd. citing lack of incriminating material in search proceedings for AYs 2010-11 to ...