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ICICI Prudential Life Insurance has been ordered to pay a GST and penalty of Rs 835 crore from Maharashtra's State Tax department for FY2019. The order includes violations related to input tax credit reversal, mismatch in ITC, non-payment of tax on fixed asset sales, and interest on GST payment.
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the penalty order on the ground of misreporting of income was not justified when show cause notice and the assessment order...
In the screenshots, the scammer surprisingly opens up to Arun and explains the method of using APK files to gain control over the victims phone.
The Allahabad High Court has held that principles of natural justice must be complied with before drawing any adverse inference.While quashing the penalty order and subsequent order of the appellate...
In a significant ruling, the Jharkhand High Court has held that once a penalty order is set aside, it will be presumed that there is no concealment of income, automatically leading to the quashing of...