Manu Sharma
ICAI CA Inter/Final Examination Admit Cards Out! Know How to Download Now
The Institute of Chartered Accountants of India (ICAI) has officially released the admit cards for the September 2025 session of Chartered...
![Rs. 45 Lakh Income Tax Settlement Bribe Allegations: Punjab and Haryana HC grants Bail to IRS Official [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079755-income-tax-settlement-bribe-allegations-punjab-and-haryana-hc-grants-bail-taxscan.webp "Rs. 45 Lakh Income Tax Settlement Bribe Allegations: Punjab and Haryana HC grants Bail to IRS Official [Read Order]")
![[BREAKING] Income Tax Act, 2025 notified in Official Gazette for General Information by Ministry of Law and Justice [Read Act]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079680-income-tax-act-2025-income-tax-act-official-gazette-taxscan.webp "[BREAKING] Income Tax Act, 2025 notified in Official Gazette for General Information by Ministry of Law and Justice [Read Act]")
![Name of Assessee not Mentioned in Seized Documents: ITAT deletes Income Tax Additions [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079210-seized-document-itat-income-tax-taxscan.webp "Name of Assessee not Mentioned in Seized Documents: ITAT deletes Income Tax Additions [Read Order]")
[BREAKING] New Income Tax Bill receives President’s Assent, Act will officially come into force from This Date
The Income-Tax Bill, 2025, received the President’s assent on August 21, 2025, marking a significant overhaul in India’s direct tax regime. With this, the Bill now becomes law and will be...
![[BREAKING] New Income Tax Bill receives President’s Assent, Act will officially come into force from This Date](https://images.taxscan.in/h-upload/2025/08/21/500x300_2079073-income-tax-bill-income-tax-bill-2025-taxscan.webp "[BREAKING] New Income Tax Bill receives President’s Assent, Act will officially come into force from This Date")
Malad Chamber of Tax Consultants seeks Extension of Due Dates for Filing of ITR and Audit Reports for AY 2025-26, submits representation to FM
The Malad Chamber of Tax Consultants (MCTC), a prominent association of tax professionals, has urged the Union Finance Ministry and the Central Board of Direct Taxes (CBDT) to extend the due dates...
No Constitutional Violation in GST RCM u/s 17(2) and 17(3) of CGST Act on Security Services: Bombay HC [Read Order]
The Bombay High Court has dismissed a writ petition challenging the constitutional validity of Sections 17(2) and 17(3) of the Central Goods and Services Tax (CGST) Act, 2017, in the context of...
![No Constitutional Violation in GST RCM u/s 17(2) and 17(3) of CGST Act on Security Services: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078306-constitutional-violation-gst-cgst-services-bombay-hc-taxscan.webp "No Constitutional Violation in GST RCM u/s 17(2) and 17(3) of CGST Act on Security Services: Bombay HC [Read Order]")
![Excise Duty Evasion and Fraudulent Cenvat Credit Availment: CESTAT upholds Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/500x300_2077984-excise-duty-evasion-fraudulent-cenvat-credit-availment-cestat-upholds-penalty-taxscan.webp "Excise Duty Evasion and Fraudulent Cenvat Credit Availment: CESTAT upholds Penalty [Read Order]")
ITAT remands Matter back to AO for Determination Fair Market Value Valuation in Distress Sale [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has set aside the assessment for Satya Pal Khurana, directing the Assessing Officer (AO) to re-evaluate the fair market value of a shop sold...
![ITAT remands Matter back to AO for Determination Fair Market Value Valuation in Distress Sale [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/500x300_2077974-itat-ao-fair-market-value-taxscan.webp "ITAT remands Matter back to AO for Determination Fair Market Value Valuation in Distress Sale [Read Order]")
Non-Furnishing of Form No.67 before Due Date u/s 139(1) not Fatal to Claim Foreign Tax Credit: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that the failure to furnish Form No. 67 before the due date prescribed under Section 139(1) of the Income Tax Act does not...
![Non-Furnishing of Form No.67 before Due Date u/s 139(1) not Fatal to Claim Foreign Tax Credit: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076407-non-furnishing-foreign-tax-credit-itat-taxscan.webp "Non-Furnishing of Form No.67 before Due Date u/s 139(1) not Fatal to Claim Foreign Tax Credit: ITAT [Read Order]")
Duplication of GST Proceedings on Same Matter: Kerala HC Quashes Rejection of Rectification Request Filed by Mail
In a significant ruling, the Kerala High Court has quashed an order-in-original issued against an already adjudicated issue and the rejection of a rectification request under Section 161 of the...
