Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![SEBI Notifies New Merchant Banker Regulations, Mandates Higher Net-Worth and Liquidity Norms [Read Notification]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111128-sebi-notifies-new-merchant-banker-regulations-taxscan.jfif "SEBI Notifies New Merchant Banker Regulations, Mandates Higher Net-Worth and Liquidity Norms [Read Notification]")
SEBI Notifies New Merchant Banker Regulations, Mandates Higher Net-Worth and Liquidity Norms [Read Notification]
The Securities and Exchange Board of India ( SEBI ) has notified the SEBI (Merchant Banker) (Amendment) Regulations, 2025, which make major...
![Jharkhand HC grants bail to Rs. 22 crores GST Fraud Accused noting 4 months Custody [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/250x150_2110327-gst-fraud-taxscan.jfif "Jharkhand HC grants bail to Rs. 22 crores GST Fraud Accused noting 4 months Custody [Read Order]")
![Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/250x150_2110495-tax-audit-report-taxscan.jfif "Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]")
![Passenger’s Claim that Seized Gold Was ‘Old and Used’ not Correct: Delhi HC Rejects Claim, Directs to file Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/250x150_2110318-passenger-claim-seized-gold-taxscan.webp "Passenger’s Claim that Seized Gold Was ‘Old and Used’ not Correct: Delhi HC Rejects Claim, Directs to file Appeal [Read Order]")
Sales Commission to Director’s Relatives allowable when Services Proven: ITAT Deletes ₹35.38 Lakh Disallowance [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore Bench, has deleted a disallowance of ₹35.38 lakh made by the Assessing Officer (AO) towards sales commission paid to the relatives of the...
![Sales Commission to Director’s Relatives allowable when Services Proven: ITAT Deletes ₹35.38 Lakh Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110186-director-relatives-allowable-services-proven-taxscan.webp "Sales Commission to Director’s Relatives allowable when Services Proven: ITAT Deletes ₹35.38 Lakh Disallowance [Read Order]")
‘Sexist Assumptions’ in CIT(A) Order: ITAT slams Authority for Ignoring Women’s Expertise, Deletes Sales Commission Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has strongly criticised the Commissioner of Income Tax (Appeals) [CIT(A)] for making sexist and baseless assumptions while disallowing...
![‘Sexist Assumptions’ in CIT(A) Order: ITAT slams Authority for Ignoring Women’s Expertise, Deletes Sales Commission Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110189-sexist-assumptions-womens-expertise-deletes-sales-commission-taxscan.webp "‘Sexist Assumptions’ in CIT(A) Order: ITAT slams Authority for Ignoring Women’s Expertise, Deletes Sales Commission Disallowance [Read Order]")
‘No Reasons for Such a Harsh Action’: Allahabad HC Quashes Ex-Parte GST Registration Cancellation [Read Order]
The Allahabad High Court has quashed an ex-parte GST ( Goods and Services tax ) registration cancellation order, observing that the authorities offered “no reasons for such a harsh action”. The...
![‘No Reasons for Such a Harsh Action’: Allahabad HC Quashes Ex-Parte GST Registration Cancellation [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/500x300_2110311-gst-cancellation-taxscan.jfif "‘No Reasons for Such a Harsh Action’: Allahabad HC Quashes Ex-Parte GST Registration Cancellation [Read Order]")
Excess GST Recovery Made under Earlier Dropped Proceedings Counts as Pre-Deposit for Fresh Action on same SCN: Calcutta HC [Read Order]
The Calcutta High Court has held that when the GST ( Goods and Services Tax ) Department has already recovered an amount exceeding the statutory 10% pre-deposit in earlier proceedings that were...
![Excess GST Recovery Made under Earlier Dropped Proceedings Counts as Pre-Deposit for Fresh Action on same SCN: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/500x300_2110283-gst-recovery-proceedings-pre-deposit-scn-taxscan.webp "Excess GST Recovery Made under Earlier Dropped Proceedings Counts as Pre-Deposit for Fresh Action on same SCN: Calcutta HC [Read Order]")
Delhi HC will decide Constitutional Validity of CBIC’s 2020 GST Notification Amending Rule 142(1A): Here’s the Legal Context
The Delhi High Court will examine the constitutional validity of the Central Board of Indirect Taxes and Customs ( CBIC )’s 2020 Notification, which amended Rule 142(1A) of the GST ( Goods and...
Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad bench, has remanded a matter of a ₹18.55 lakh income tax addition made against a 60% differently-abled taxpayer, after finding that the assessee...
![Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110077-income-tax-addition-taxpayer-days-delay-taxscan.webp "Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]")