A major manufacturing company in the iron and steel sector was found involved in availing bogus GST invoices and utilising ...
Customs overhaul, amnesty scheme, and new SEZ framework expected in Budget 2026 to simplify compliance, unlock revenue, and ...
Customs overhaul, amnesty scheme, and new SEZ framework expected in Budget 2026 to simplify compliance, unlock revenue, and ...
The Tribunal ruled that purchases cannot be treated as bogus merely because suppliers did not reply to Section 133(6) notices. When books are audited, evidence is produced, and sales are accepted, ...
The issue was whether entire cash deposits and unsecured loans could be taxed as unexplained income. The Tribunal held that only the embedded profit is taxable and restricted the addition to ...