The Andhra Pradesh High Court held that Customs authorities are responsible for levy and assessment of IGST on imported goods. The ruling has renewed debate over whether appeals should lie before ...

A Discussion Perspective A company is owned by its shareholders and managed by its Board of Directors. However, the framework of corporate governance extends ...

The article explains that individual tenants paying rent above ₹50,000 per month must deduct TDS at 2% under Section 194-IB.

Ministry of Finance hikes concessional import duty on gold, silver and platinum from 4.35% to 10% under Notification 57/2000-Customs effective 13 May ...

Pune ITAT held that once the Assessing Officer accepted the explanation for cash deposits, reassessment could not continue on a completely new issue without issuing a fresh notice under Section ...

The Tribunal ruled that CPC’s application of a 30% tax rate merely due to absence of turnover disclosure in the return form could not override the concessional rate provided by ...

RBI revoked the licence of a Mumbai-based co-operative bank after finding inadequate capital, poor earning prospects, and non-compliance with Banking Regulation Act provisions. The decision aims to ...

The article argues that the sharp increase in gold import duty was triggered by pressure on India’s forex reserves, rising oil prices, and widening dollar outflows. It claims the move may revive ...

The Bombay High Court held that reopening for AY 2016–17 becomes invalid when sanction is obtained from an authority not prescribed under Section 151(2). The Supreme Court affirmed the ruling by ...

The Government has raised customs duty from 5% to 10% on several precious metals and related tariff items through Notification No. 15/2026-Customs. The amendment also introduces a special provision ...

The piece states that replacing Annamalai as Tamil Nadu BJP President disrupted the partys long-term growth strategy. It suggests the decision reduced BJP s ability to expand its vote share and ...

Customs Notification 16/2026 Changes AIDC Structure for Gold, Silver and Platinum Imports - New customs notification modifies AIDC rates for bullion, jewellery components and recycled precious metal ...