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.
![FinMin Hikes Gold & Silver Customs Tariff Values, Cuts Edible Oil Rates in New Notification [Read Notification]](https://images.taxscan.in/h-upload/2025/11/17/500x300_2105996-finmin-gold-silver-customs-tariff-customs-tariff-values-edible-oil-rates-taxscan.webp "FinMin Hikes Gold & Silver Customs Tariff Values, Cuts Edible Oil Rates in New Notification [Read Notification]")
FinMin Hikes Gold & Silver Customs Tariff Values, Cuts Edible Oil Rates in New Notification [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has issued Notification No. 74/2025-Customs (N.T.) dated...
![Petrol Pump Operator’s Cash Deposits Fully Explained in Books: ITAT Deletes ₹14.10 Lakh Unexplained Income Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105562-petrol-pump-operators-cash-deposits-explained-books-itat-unexplained-income-addition-txn.webp "Petrol Pump Operator’s Cash Deposits Fully Explained in Books: ITAT Deletes ₹14.10 Lakh Unexplained Income Addition [Read Order]")
No Nexus with Employment: Karnataka HC Rules Interest on Loan Advanced to Company Not Deductible From Salary Income [Read Order]
The Karnataka High Court ruled that interest paid on a loan borrowed by an assessee and advanced to a company in which he was a Director cannot be deducted against salary income. Sri Mukesh...
![No Nexus with Employment: Karnataka HC Rules Interest on Loan Advanced to Company Not Deductible From Salary Income [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105439-nexus-employment-karnataka-hc-rules-interest-loan-advanced-company-deductible-salary-income-txn.webp "No Nexus with Employment: Karnataka HC Rules Interest on Loan Advanced to Company Not Deductible From Salary Income [Read Order]")
Demurrage and Despatch Money Related to Vessel Detention, Not Freight: CESTAT Favours Vedanta [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that demurrage and despatch money relate only to the detention or early release of a vessel at the port...
![Demurrage and Despatch Money Related to Vessel Detention, Not Freight: CESTAT Favours Vedanta [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105201-cestat-chennai-vedanta-demurrage-and-despatch-taxscan.webp "Demurrage and Despatch Money Related to Vessel Detention, Not Freight: CESTAT Favours Vedanta [Read Order]")
Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition after finding that the Assessing Officer (AO) did not examine the evidence placed on record and had relied only...
![Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105245-landowner-agricultural-income-mango-sales-triggers-scrutiny-itat-taxscan.webp "Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]")
ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Canon India Pvt. Ltd. is entitled to full foreign tax credit for taxes paid in Japan, even though its tax liability in India...
![ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105215-itat-canon-india-foreign-tax-credit-japan-despite-nil-indian-tax-liability-taxscan.webp "ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]")
![RBI Notifies Removal of 19 Regional Rural Banks from the Second Schedule [Read Notification]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105163-rbi-regional-rural-banks-rural-banks-removal-of-19-regional-rural-banks-taxscan.webp "RBI Notifies Removal of 19 Regional Rural Banks from the Second Schedule [Read Notification]")
