Kavi Priya
Content writer at Taxscan with a passion for clear, engaging legal content. I simplify tax and law topics while sharpening my research and communication skills.
Think Twice Before Faking Income Tax Deductions: Govt Tightens Penalties and Prosecution
The government has tightened the rules for claiming income tax deductions in Assessment Year (AY) 2025-26 after a large-scale tax fraud was...
![Denial of CCS Benefits for Castor Oil Exports Due to New Technical Test Change Unjustified: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050153-denial-of-ccs-benefits-ccs-benefits-ccs-benefits-for-castor-oil-exports-taxscan.webp "Denial of CCS Benefits for Castor Oil Exports Due to New Technical Test Change Unjustified: Bombay HC [Read Order]")
![Win for Hindustan Unilever: CESTAT Confirms Classification of Petroleum Jelly Products like Aloe Vera and Baby Variants as Skincare Preparations [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050163-hindustan-unilever-cestat-aloe-vera-taxscan.webp "Win for Hindustan Unilever: CESTAT Confirms Classification of Petroleum Jelly Products like Aloe Vera and Baby Variants as Skincare Preparations [Read Order]")
![WAPs with MIMO but Without LTE Standards Eligible for Customs Duty Exemption: CESTAT Overrules Depts Interpretation [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049986-site-img-2.webp "WAPs with MIMO but Without LTE Standards Eligible for Customs Duty Exemption: CESTAT Overrules Depts Interpretation [Read Order]")
Only 3 Out of 26 Gold Transactions Found Bogus: ITAT Orders Re-computation Based on Gross Profit Margin [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that only 3 out of 26 gold purchase transactions by Shah Traders were bogus and directed the Assessing Officer (AO) to recompute the...
![Only 3 Out of 26 Gold Transactions Found Bogus: ITAT Orders Re-computation Based on Gross Profit Margin [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050015-gold-transactions-bogus-taxscan.webp "Only 3 Out of 26 Gold Transactions Found Bogus: ITAT Orders Re-computation Based on Gross Profit Margin [Read Order]")
Re-Deposited Cash from Withdrawals Not Turnover: ITAT quashes Rs. 33.7 Lakh Income Addition [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal of an individual taxpayer, holding that re-deposited cash from earlier bank withdrawals and cash sales could not be...
![Re-Deposited Cash from Withdrawals Not Turnover: ITAT quashes Rs. 33.7 Lakh Income Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050031-re-deposited-cash-1.webp "Re-Deposited Cash from Withdrawals Not Turnover: ITAT quashes Rs. 33.7 Lakh Income Addition [Read Order]")
Customs Authorities Can Issue Notices Even If a Trade Agreement Exists: Bombay HC Upholds SCN Against Importers [Read Order]
In a recent ruling, the Bombay High Court held that the customs department has the power to issue show cause notices (SCNs) even when a Free Trade Agreement (FTA) like the ASEAN-India FTA is...
![Customs Authorities Can Issue Notices Even If a Trade Agreement Exists: Bombay HC Upholds SCN Against Importers [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2049970-customs-customs-authorities-issue-notices-trade-agreement-exists-taxscan.webp "Customs Authorities Can Issue Notices Even If a Trade Agreement Exists: Bombay HC Upholds SCN Against Importers [Read Order]")
Use of Imported Raw Materials Does Not Disqualify Customs Exemption If DTA Goods Are Made from Indigenous Inputs: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the use of imported raw materials does not disqualify a 100% Export Oriented Unit (EOU) from...
![Use of Imported Raw Materials Does Not Disqualify Customs Exemption If DTA Goods Are Made from Indigenous Inputs: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2049955-imported-raw-materials.webp "Use of Imported Raw Materials Does Not Disqualify Customs Exemption If DTA Goods Are Made from Indigenous Inputs: CESTAT [Read Order]")
Customs House Agent Cannot Be Penalized Without Direct Evidence or Involvement in Alleged Undervaluation: CESTAT [Read Order]
The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that a Customs House Agent (CHA) cannot be penalized without direct evidence or involvement in the alleged...
![Customs House Agent Cannot Be Penalized Without Direct Evidence or Involvement in Alleged Undervaluation: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2049947-cestat-mumbai-customs-house-penalized-taxscan.webp "Customs House Agent Cannot Be Penalized Without Direct Evidence or Involvement in Alleged Undervaluation: CESTAT [Read Order]")
