May 22, 2026 – smeaccountant

No TDS on Mediated Land Acquisition Settlements, Rules Karnataka High Court

Karnataka High Court rules no TDS on compensation from mediated land acquisition settlements, clarifying tax-exempt status for landowners.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Past GST Cancellation Cannot Justify Customs Broker License Revocation, Rules CESTAT Delhi

CESTAT Delhi clarifies customs broker liability, ruling past GST cancellation cannot revoke licenses if clients had valid GST.

Prasenjit Bhowmik May 22, 2026

Blog

Delhi Consumer Court Rules Against Tata Power in Decades-Long Advocate Chamber Tariff Dispute

Delhi Consumer Court ruled against Tata Power in a decades-long dispute over advocate chamber tariffs, exposing systemic compliance failures by power companies.

Prasenjit Bhowmik May 22, 2026

Blog

EPFO vs. IBC Timelines: NCLAT Reviews Crucial Delay Condonation Plea in Provident Fund Appeal

NCLAT reviews a critical EPFO appeal challenging IBC timelines, impacting workers' provident funds and the enforcement of statutory deadlines.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Gujarat High Court Rules Cotton Seed Oil Cake Eligible for GST Refund as Exempt Cattle Feed

The Gujarat High Court recently ruled that Goods and Services Tax (GST) paid on cotton seed oil cake must be refunded to manufacturers and traders, declaring that the product qualifies…

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Andhra Pradesh High Court Curbs Transit-State GST Officers’ Power to Detain Inter-State Goods

In a landmark decision aimed at streamlining interstate trade, the Andhra Pradesh High Court has ruled that Goods and Services Tax (GST) officers of a transit state lack the jurisdiction…

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

SAFEMA Tribunal Rules Demonetized Cash Routed Through Third-Party Accounts Qualifies as Benami Property

SAFEMA Tribunal declares demonetized cash routed through third-party accounts as benami property, bolstering India's anti-money laundering efforts.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Indian Finance Ministry Approves Aadhaar Authentication for Select NBFCs to Boost PMLA Compliance

India's Finance Ministry allows select NBFCs to use Aadhaar for customer authentication, enhancing PMLA compliance and streamlining onboarding securely.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

GSTAT Upholds Anti-Profiteering Ruling Against Real Estate Developer Over Unpassed ITC Benefits

GSTAT upholds a major anti-profiteering ruling against a real estate developer for failing to pass on ITC benefits to homebuyers, ordering refunds and...

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Bombay High Court Quashes GST on Ocean Freight, Ending Double Taxation for Importers

Bombay High Court quashes GST on ocean freight for CIF imports, ending double taxation and bringing crucial relief to Indian importers.

Prasenjit Bhowmik May 22, 2026