Taxscan | Simplifying Tax Laws

Approval for S. 148 Notice by Incompetent Authority renders Re-assessment Void ab initio: ITAT Quashes Assessment [Read Order]

The Delhi Bench of the Income Tax AppellateTribunal (ITAT) has quashed reassessment proceedings for two assessment years after holding the notices...

Approval for S. 148 Notice by Incompetent Authority renders Re-assessment Void ab initio: ITAT Quashes Assessment [Read Order]

Only Profit Element Taxable in Bogus Purchase Cases : ITAT Reduces Gross Profit Addition to 11%...

Relief for Bridgestone India: CESTAT Sets Aside ₹96 Lakh Excise Demand for Alleged Excess CENVAT...

CESTAT Sets Aside Section 114AA Penalty Due to Failure in Establishing Proof of Intentional Use of...

Unconstitutional Restriction on CENVAT Credit: CESTAT Sets Aside Penalty and Demand Based on Invalid...

CD’s Ledger Acknowledgement Negates Claim of Pre‑Existing Dispute: SC Sets Aside NCLAT Order and...

NCLT to Reconsider Rs. 92 Lakh Penalty Imposed for Non-Holding of AGMs Due to Directorial Deadlock:...

CCI Approves ITC’s Acquisition of Aditya Birla Real Estate’s Paper & Pulp Business as a Going...

India–Oman FTA Poised to Transform Bilateral Trade: Goyal Highlights New Opportunities as...

Delhi High Court Sets Aside Ex-Parte GST Order Against Logistics Firm, Remands Matter for Fresh Adjudication [Read Order]

GSTR 9/ GSTR 9C: No Due Date Extension, Read the Circular on How Late Fee Applies with CBIC Clarification

GST Rate Restructuring for Tobacco Products: Centre Notifies New Classification w.e.f. from Feb 1, 2026 [Read Notification]

GST ITC Utilisation Up to 90% is Not a Bar to Refund: Delhi HC Directs Dept to Pay Refund of Rs. 25,16,760 with Interest [Read Order]

Post-Decisional Hearing Cannot Cure Lack of Proper Hearing: Calcutta HC Quashes GST Registration Cancellation by Different Authority [Read Order]

Approval for S. 148 Notice by Incompetent Authority renders Re-assessment Void ab initio: ITAT Quashes Assessment [Read Order]

Only Profit Element Taxable in Bogus Purchase Cases : ITAT Reduces Gross Profit Addition to 11%...

Satisfaction Note Lacked Reference of Income Escapement in the Form of Assets Worth ₹50 Lacs: ITAT...

S. 153C cannot be invoked against Searched Person: ITAT Rules Assessment required u/s 153A,...

Unauthenticated Excel Sheets and Emails Sent by Lenders deemed "Dumb Documents" for interest...

SCN Lacks Precise BAS Classification: CESTAT Sets aside Service Tax Demand against Amway Distributor [Read Order]

Writ Jurisdiction Not Invocable at SCN Stage: Chhattisgarh HC Dismisses State Beverages Corporation’s Plea on Service Tax Demand [Read Order]

Service Tax Demand Based only on ITR–ST-3 Mismatch Unsustainable: CESTAT Holds Revenue must Establish Taxable Value before Levy [Read Order]

When Dept Admits No Service Tax Liability, It cannot Deny Refund of Deposit made during Investigation on Limitation: Chhattisgarh HC [Read Order]

Construction of Govt. Residential Quarters to GSPHCL Not Taxable: CESTAT Drops Service Tax Demand on Works Contract but Upholds GTA Liability [Read Order]

Relief for Bridgestone India: CESTAT Sets Aside ₹96 Lakh Excise Demand for Alleged Excess CENVAT Credit [Read Order]

CESTAT Sets Aside Section 114AA Penalty Due to Failure in Establishing Proof of Intentional Use of Manipulated Scrip [Read Order]

Unconstitutional Restriction on CENVAT Credit: CESTAT Sets Aside Penalty and Demand Based on Invalid Rule 8(3A) of Central Excise Rules

CESTAT Quashes Service Tax Demand on Cross-Border Cost-Sharing, Holds Downward Price Adjustments are Not Consideration [Read Order]

CESTAT Sets Aside ₹1,398 Crore CENVAT Credit Demand on Indian Oil Petronas on Limitation Grounds [Read Order]

Rule 8(3A) of Central Excise Rules already Declared Unconstitutional by Gujarat HC: CESTAT sets aside ₹14.14cr Demand [Read Order]

Rule 3(a) Interpretation: CESTAT Rejects Revenue’s Attempt to Reclassify Specific Goods Under Residuary Headings [Read Order]

IBC Fraudulent Trading: NCLAT Directs Suspended Director to Contribute ₹8.71 Crore with 12% Interest to Corporate Debtor [Read Order]

PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT...

Kerala HC Rules NCLT’s Rejection of Resolution Plan Appealable Under Section 61 of IBC [Read Order]

Annual Corporate Law Case Digests : NCLAT Rulings of 2025 (Part 1 )

Date of Default Not Mandatory in Invoice-Based Demand Notice: NCLAT Sets Aside Section 9 Rejection...

NCLAT Admits CCI Clarification: WhatsApp Advertising Data Sharing also Subject to Opt‑Out and...

Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects...

E-Way Bill System Under GST: Know Penalties and Consequences of Non-Compliance

Auditing Cryptocurrency? know the basics and How to Report It

Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

55th GST Council Meeting Recommendations: All You Need to Know

GST on Intermediary Services- Gamut of Clarifications and Litigations!!

Why and How Political Parties Get Income Tax Exemption?

How can Freelancers manage their Income by Optimising Income Tax?

Top Global Accounting Scandals Impacted Reputation of Big Accounting Firms

IBC Fraudulent Trading: NCLAT Directs Suspended Director to Contribute ₹8.71 Crore with 12% Interest to Corporate Debtor [Read Order]

PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT...

Kerala HC Rules NCLT’s Rejection of Resolution Plan Appealable Under Section 61 of IBC [Read Order]

Annual Corporate Law Case Digests : NCLAT Rulings of 2025 (Part 1 )

Date of Default Not Mandatory in Invoice-Based Demand Notice: NCLAT Sets Aside Section 9 Rejection...

Customs Duty on Gold: Delhi HC Upholds Mandate u/s 110(2) of Customs Act, Directs Release of Seized Gold Due to Non-Issuance of SCN [Read Order]

IBBI Imposes ₹2 Lakh Penalty on Insolvency Professional for Non-Cooperation in Investigation, Flags Serious Irregularities in CIRP [Read Order]

Customs to Release Seized Gold within Two Weeks: Delhi HC Enforces OIO, Limits Warehousing Charges to Pre-Order Period [Read Order]

ICAI Postpones Start-date of Phase IV of Peer Review Mandate scheduled for 1 January, 2026

Technical Glitches Cannot Deny Legitimate Credit: Delhi HC Directs GST Dept. to Reflect Rs. 99.18 Lakh Transitional ITC on ECL [Read Order]

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