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.
![CBDT Grants Income Tax Exemption to U.P. Awas Evam Vikas Parishad u/s 10(46A) [Read Notification]](https://images.taxscan.in/h-upload/2025/10/17/500x300_2097306-incometax-exemption-taxscan.webp "CBDT Grants Income Tax Exemption to U.P. Awas Evam Vikas Parishad u/s 10(46A) [Read Notification]")
CBDT Grants Income Tax Exemption to U.P. Awas Evam Vikas Parishad u/s 10(46A) [Read Notification]
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), issued Notification No. 153/2025 [S.O. 4680(E)] dated October 15, 2025,...
![DGFT Renumbers and Updates Provisions for Diamond Imprest Authorisation under Handbook of Procedures 2023 [Read Public Notice]](https://images.taxscan.in/h-upload/2025/10/16/250x150_2097245-dgft-new-scheme-for-diamond-exporters-dgft-diamond-imprest-authorisation-scheme-taxscan.webp "DGFT Renumbers and Updates Provisions for Diamond Imprest Authorisation under Handbook of Procedures 2023 [Read Public Notice]")
DGFT Amends ITC (HS) 2022 – Schedule I (Import Policy), Introduces New Pesticide Import Conditions
The Ministry of Commerce and Industry, through the Directorate General of Foreign Trade (DGFT), has issued Notification No. 44/2025-26 dated October 15, 2025, announcing important amendments to the ...
FinMin Revises Customs Tariff Values for Crude Palm Oil, Precious Metals and Other Key Imports [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, issued Notification No. 65/2025-Customs (N.T.) dated October 15, 2025, revising the tariff values for imported...
![FinMin Revises Customs Tariff Values for Crude Palm Oil, Precious Metals and Other Key Imports [Read Notification]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097210-finmin-customs-tariff-customs-tariff-values-crude-palm-oil-taxscan.webp "FinMin Revises Customs Tariff Values for Crude Palm Oil, Precious Metals and Other Key Imports [Read Notification]")
Process of Battery Charging, Filling, and Packaging Amounts to Manufacture, No Service Tax Payable: CESTAT [Read Order]
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the process of battery charging, filling, and packaging undertaken by M/s Eliza Power Industries...
![Process of Battery Charging, Filling, and Packaging Amounts to Manufacture, No Service Tax Payable: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097130-battery-charging-filling-packaging-taxscan.webp "Process of Battery Charging, Filling, and Packaging Amounts to Manufacture, No Service Tax Payable: CESTAT [Read Order]")
CENVAT Credit Need Not Be Reversed Under Rule 3(5B) For Inputs Or Sub-Assemblies Scrapped During Manufacturing: CESTAT [Read Order]
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that CENVAT credit reversal under Rule 3(5B) of the CENVAT Credit Rules, 2004, is not required for...
![CENVAT Credit Need Not Be Reversed Under Rule 3(5B) For Inputs Or Sub-Assemblies Scrapped During Manufacturing: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097128-cenvat-credit-sub-assemblies-scrapped-manufacturing-cestat-taxscan.webp "CENVAT Credit Need Not Be Reversed Under Rule 3(5B) For Inputs Or Sub-Assemblies Scrapped During Manufacturing: CESTAT [Read Order]")
When Genuineness of Purchases is Doubtful but Sales Are Genuine, Only Profit Element 15% Can Be Added to Income: Bombay HC [Read Order]
In a recent judgment, the Bombay High Court held that when the genuineness of purchases is doubtful but sales are genuine, only the profit element of 15% on such purchases can be added to the...
![When Genuineness of Purchases is Doubtful but Sales Are Genuine, Only Profit Element 15% Can Be Added to Income: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097082-bombay-high-court-when-genuineness-of-purchases-taxscan.webp "When Genuineness of Purchases is Doubtful but Sales Are Genuine, Only Profit Element 15% Can Be Added to Income: Bombay HC [Read Order]")
SEBI Extends Deadline for Angel Funds to Disclose Investment Allocation Methodology in PPMs [Read Circular]
The Securities and Exchange Board of India (SEBI) issued a circular dated October 15, 2025, has granted additional time to Angel Funds for disclosing their investment allocation methodology in their...
![SEBI Extends Deadline for Angel Funds to Disclose Investment Allocation Methodology in PPMs [Read Circular]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097071-deadline-extended-taxscan.webp "SEBI Extends Deadline for Angel Funds to Disclose Investment Allocation Methodology in PPMs [Read Circular]")