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Madhya Pradesh Economic Offences Wing detects ₹130 Cr GST ITC Scam
The Economic Offences Wing (EOW) of Madhya Pradesh has unearthed a massive Goods and Services Tax (GST) input tax credit (ITC) fraud amounting to...
![Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AOs Changed Opinion on Forex Gains [Read Order] Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AOs Changed Opinion on Forex Gains [Read Order]](https://images.taxscan.in/h-upload/2025/07/03/750x450_2058629-relief-for-hyundai-hyundai-madras-hc-madras-hc-rules-taxscan.webp)
Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AO's Changed Opinion on Forex Gains [Read Order]
Madras High Court quashes the reopening of Hyundai’s tax assessment, ruling that an Assessing Officer’s change of opinion on forex gains and technical know-how payments cannot justify reassessment