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.
National Fertilizers Ltd Receives ₹94.84 Crore GST Demand Notice for Undue Refund of Accumulated ITC
National Fertilizers Limited (NFL), a Navratna public sector enterprise under the Government of India, has reported receiving a demand order of Rs....
![Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/07/250x150_2041626-unverified-third-party-pen-drive-data-justify-income-tax-confronting-taxpayer-itat-taxscan.webp "Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]")
![RBI Increases Eligibility Requirement for Opening Diamond Dollar Accounts to Three Years of Trade Track Record [Read Notification]](https://images.taxscan.in/h-upload/2025/06/07/250x150_2041627-eligibility-requirement.webp "RBI Increases Eligibility Requirement for Opening Diamond Dollar Accounts to Three Years of Trade Track Record [Read Notification]")
![India Imposes Anti-Dumping Duty on Imports of Vitamin-A Palmitate from China, EU, and Switzerland [Read Notification]](https://images.taxscan.in/h-upload/2025/06/07/250x150_2041620-anti-dumping-duty.webp "India Imposes Anti-Dumping Duty on Imports of Vitamin-A Palmitate from China, EU, and Switzerland [Read Notification]")
Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) allowed an appeal concerning the disallowance of interest expenditure under Section 57(iii) of the Income Tax Act, 1961, ruling that...
![Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/07/500x300_2041611-itat-taxpayers-taxscan.webp "Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]")
![Hostel Charges Collected by Coaching Institutes Not Liable to Service Tax: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041568-hostel-charges-hostel-charges-collected-by-coaching-institutes-coaching-institutes-taxscan.webp "Hostel Charges Collected by Coaching Institutes Not Liable to Service Tax: CESTAT [Read Order]")
From CA to UCLA: How One Indian Chartered Accountant Earned Rs. 3 Crore in Scholarships from Top US B-Schools
Janak Daswani’s journey is one that can inspire many young professionals in India. He started out like many others, focused on building a strong career in finance by becoming a Chartered Accountant...
Sale of Printed Materials and Library Charges by Coaching Institutes Not Taxable Under Commercial Training Services: CESTAT
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the sale of printed materials such as forms, prospectuses, newspapers, and magazines, as well as...
Review u/s 87(4) VAT Act Not Maintainable Without Post-Revision Discovery of Concealment: WB Tax Tribunal
In a recent ruling, the West Bengal Taxation Tribunal held that a review under Section 87(4) of the West Bengal Value Added Tax (VAT) Act, 2003, is maintainable only if there is a post-revision...
