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.
![Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/20/2098198-income-disclosure-certificate-validly-issued-revenue-reopen-assessment-unless-cancelled-bombay-hc.webp "Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]")
Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that once an Income Disclosure Certificate is validly issued under the Income Disclosure Scheme...
![CBIC Extends Due Date for Filing GSTR-3B Returns for September 2025: Know the New Deadline [Read Notification]](https://images.taxscan.in/h-upload/2025/10/20/2098195-cbic-extends-due-date-for-filing-gstr-3b-returns-taxscan.webp "CBIC Extends Due Date for Filing GSTR-3B Returns for September 2025: Know the New Deadline [Read Notification]")
![Spa Company Collected Service Tax but fails to Deposit: CESTAT Confirms ₹17.28 Lakh Tax Demand and Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/2097723-service-tax-cestat-tax-demand-penalty-taxscan.webp "Spa Company Collected Service Tax but fails to Deposit: CESTAT Confirms ₹17.28 Lakh Tax Demand and Penalty [Read Order]")
![IFSCA Amends Listing Regulations, 2025: Extends Financial Disclosure Timelines and Updates Compliance Periods [Read Notification]](https://images.taxscan.in/h-upload/2025/10/18/2097684-ifsca-listing-regulations-2025-extends-financial-disclosure-timelines-updates-compliance-periods-taxscan.webp "IFSCA Amends Listing Regulations, 2025: Extends Financial Disclosure Timelines and Updates Compliance Periods [Read Notification]")
Karnataka HC Rules Canara Bank’s SARFAESI Charge Prevails over Later GST Department Claim, Orders Removal of Encumbrance [Read Order]
In a recent decision, the Karnataka High Court held that Canara Bank’s registered charge under the SARFAESI Act takes precedence over a subsequent charge created by the GST ( Goods and Services Tax )...
![Karnataka HC Rules Canara Bank’s SARFAESI Charge Prevails over Later GST Department Claim, Orders Removal of Encumbrance [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/2097725-canara-bank-taxscan.webp "Karnataka HC Rules Canara Bank’s SARFAESI Charge Prevails over Later GST Department Claim, Orders Removal of Encumbrance [Read Order]")
![IBBI Amends Liquidation Process Regulations, 2025: Omits Regulations 31A(f) and 32A [Read Notification]](https://images.taxscan.in/h-upload/2025/10/18/2097657-ibbi-liquidation-process-regulations-2025-omits-regulations-31af-32a-taxscan.webp "IBBI Amends Liquidation Process Regulations, 2025: Omits Regulations 31A(f) and 32A [Read Notification]")
IBBI Amends CIRP Regulations: Omits Regulation 39C, Modifies Provisions Under Regulation 39D [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) issued Notification No. IBBI/2025-26/GN/REG130 dated October 14, 2025, introducing the Insolvency and Bankruptcy Board of India (Insolvency...
![IBBI Amends CIRP Regulations: Omits Regulation 39C, Modifies Provisions Under Regulation 39D [Read Notification]](https://images.taxscan.in/h-upload/2025/10/18/2097625-ibbi-cirp-regulations-omits-regulation-39c-modifies-provisions-regulation-39d-taxscan.webp "IBBI Amends CIRP Regulations: Omits Regulation 39C, Modifies Provisions Under Regulation 39D [Read Notification]")
Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]
In a recent ruling, the Orissa High Court observed that directors of a company cannot escape criminal liability for cheque dishonour merely because the company has been declared insolvent. ...
![Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/2097622-cheque-dishonoured-taxscan.webp "Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]")
Centre Notifies New PMLA Rule Allowing Intermediaries to Upload and Access KYC Records Directly via Central KYC Registry [Read Notification]
The Ministry of Finance (Department of Revenue) has issued Notification No. S.O. 4697(E) dated October 16, 2025, under the Prevention of Money Laundering (Maintenance of Records) Rules, 2005,...
![Centre Notifies New PMLA Rule Allowing Intermediaries to Upload and Access KYC Records Directly via Central KYC Registry [Read Notification]](https://images.taxscan.in/h-upload/2025/10/18/2097616-centre-new-pmla-rule-intermediaries-upload-and-access-kyc-records-central-kyc-registry-taxscan.webp "Centre Notifies New PMLA Rule Allowing Intermediaries to Upload and Access KYC Records Directly via Central KYC Registry [Read Notification]")
Madhya Pradesh HC Slaps ₹2 Lakh Cost on Tobacco Company for Filing Repetitive Plea to Stall ₹200 Cr GST Evasion Proceedings [Read Order]
In a recent ruling, the Madhya Pradesh High Court observed that a tobacco company had filed a repetitive petition to delay the adjudication of a Rs. 200 crore GST evasion case and imposed a cost of...
![Madhya Pradesh HC Slaps ₹2 Lakh Cost on Tobacco Company for Filing Repetitive Plea to Stall ₹200 Cr GST Evasion Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/2097595-tobacco-company-gst-taxscan.webp "Madhya Pradesh HC Slaps ₹2 Lakh Cost on Tobacco Company for Filing Repetitive Plea to Stall ₹200 Cr GST Evasion Proceedings [Read Order]")
[BREAKING] MCA Extends Deadline for Annual Filings Without Additional Fees: Know the Date [Read Circular]
The Ministry of Corporate Affairs (MCA) has issued General Circular No. 06/2025 dated October 17, 2025, allowing companies to file their Financial Statements and Annual Returns for FY 2024-25 till ...
![[BREAKING] MCA Extends Deadline for Annual Filings Without Additional Fees: Know the Date [Read Circular]](https://images.taxscan.in/h-upload/2025/10/18/2097594-mca-deadline-tascan-2.webp "[BREAKING] MCA Extends Deadline for Annual Filings Without Additional Fees: Know the Date [Read Circular]")