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.
Should You Join Infosys’ Buyback? Know the Tax Implications First
Infosys has announced its fifth and biggest share buyback so far. The company will repurchase 100 million shares at a price of Rs. 1,800 each, which...
![Customs Duty on Bulk Liquid Imports to Be Based on Shore Tank Quantity: CESTAT Directs Apply Relevant Laws at Time of Import If Data is Missing [Read Order]](https://images.taxscan.in/h-upload/2025/09/17/250x150_2088130-quantity-bulk-liquid-liquid-bulk-liquid-cargo-liquid-cargo-quantity-of-bulk-liquid-cargo-quantity-of-bulk-liquid-cargo-received-in-shore-tank-taxscaan.webp "Customs Duty on Bulk Liquid Imports to Be Based on Shore Tank Quantity: CESTAT Directs Apply Relevant Laws at Time of Import If Data is Missing [Read Order]")
![FinMin Issues 3 Customs Notifications: Revises Duty Rate, Expands Defence Exemptions, and Extends IGST Relief [Read Notification]](https://images.taxscan.in/h-upload/2025/09/17/250x150_2088149-finmin-customs-notifications-revises-duty-rate-expands-defence-exemptions-extends-igst-relief-taxscan.webp "FinMin Issues 3 Customs Notifications: Revises Duty Rate, Expands Defence Exemptions, and Extends IGST Relief [Read Notification]")
![RBI Issues Master Direction on Regulation of Payment Aggregators: Strengthens Rules on KYC, Cross-Border Transactions [Read Notification]](https://images.taxscan.in/h-upload/2025/09/17/250x150_2088139-rbi-payment-aggregator-rules.webp "RBI Issues Master Direction on Regulation of Payment Aggregators: Strengthens Rules on KYC, Cross-Border Transactions [Read Notification]")
Hotel Opt to Pay Sales Tax under Regular Provisions, Dept Cannot Assess under Compounded Basis: Supreme Court Upholds Kerala HC Ruling [Read Order]
In a recent order, the Supreme Court of India upheld a judgment of the Kerala High Court in favour of Hotel Sayooj, ruling that the tax department could not assess the hotel under the compounded...
![Hotel Opt to Pay Sales Tax under Regular Provisions, Dept Cannot Assess under Compounded Basis: Supreme Court Upholds Kerala HC Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/09/17/500x300_2088091-hotel-opt-pay-sales-tax-supreme-court-kerala-hc-taxscan.webp "Hotel Opt to Pay Sales Tax under Regular Provisions, Dept Cannot Assess under Compounded Basis: Supreme Court Upholds Kerala HC Ruling [Read Order]")
Supreme Court Upholds 2012 Income Tax Attachment on Mumbai Shop, Rules Possession Alone Cannot Confer Right Without Clear Title [Read Judgement]
In a recent order, the Supreme Court of India upheld a decision of the Bombay High Court dismissing a challenge to an Income Tax attachment dating back to 2012. The Court explained that mere...
![Supreme Court Upholds 2012 Income Tax Attachment on Mumbai Shop, Rules Possession Alone Cannot Confer Right Without Clear Title [Read Judgement]](https://images.taxscan.in/h-upload/2025/09/17/500x300_2088086-supreme-court-taxscan.webp "Supreme Court Upholds 2012 Income Tax Attachment on Mumbai Shop, Rules Possession Alone Cannot Confer Right Without Clear Title [Read Judgement]")
Flipkart Wins Big: Karnataka HC Orders ₹16.11 Cr ITC Pre-Deposit Made Before 2020 to Be Refunded in Cash with Interest [Read Order]
In a recent ruling, the Karnataka High Court held that Flipkart is entitled to a cash refund of Rs. 16.11 crore, which it had deposited using Input Tax Credit (ITC) as a pre-deposit before the year...
![Flipkart Wins Big: Karnataka HC Orders ₹16.11 Cr ITC Pre-Deposit Made Before 2020 to Be Refunded in Cash with Interest [Read Order]](https://images.taxscan.in/h-upload/2025/09/17/500x300_2088041-flipkart-wins-big-karnataka-hc-itc-itc-pre-deposit-taxscan.webp "Flipkart Wins Big: Karnataka HC Orders ₹16.11 Cr ITC Pre-Deposit Made Before 2020 to Be Refunded in Cash with Interest [Read Order]")
Failure to Endorse ‘No CENVAT Credit Admissible’ on Commercial Invoices Is Only a Procedural Lapse: CESTAT Grants SAD Refund [Read Order]
The Chennai Bench of the Customs, Excise, andService Tax Appellate Tribunal (CESTAT) ruled that failure to endorse “no CENVAT credit admissible” on commercial invoices is a procedural lapse and not ...
![Failure to Endorse ‘No CENVAT Credit Admissible’ on Commercial Invoices Is Only a Procedural Lapse: CESTAT Grants SAD Refund [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/500x300_2087934-no-cenvat-credit-admissible-commercial-invoices-procedural-lapse-cestat-grants-sad-refund-taxscan.webp "Failure to Endorse ‘No CENVAT Credit Admissible’ on Commercial Invoices Is Only a Procedural Lapse: CESTAT Grants SAD Refund [Read Order]")