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.
![Economic Offenses are a Class Apart: Allahabad HC Denies Bail in ₹100 Cr Fake ITC Scam Involving Network of Dummy Firms [Read Order]](https://images.taxscan.in/h-upload/2026/03/06/2128056-economic-offenses-are-a-class-apartjpg.webp "Economic Offenses are a Class Apart: Allahabad HC Denies Bail in ₹100 Cr Fake ITC Scam Involving Network of Dummy Firms [Read Order]")
Economic Offenses are a Class Apart: Allahabad HC Denies Bail in ₹100 Cr Fake ITC Scam Involving Network of Dummy Firms [Read Order]
The Allahabad High Court has refused to grant bail to three accused in a huge fakeInput Tax Credit (ITC) fraud under Goods and Services Tax ( GST )...
![STCG from Immovable Property Sale: ITAT Directs AO to Reassess alleged Sale with Additional Evidence [Read Order]](https://images.taxscan.in/h-upload/2026/03/04/2127840-stcg-from-immovable-property-salejpg.webp "STCG from Immovable Property Sale: ITAT Directs AO to Reassess alleged Sale with Additional Evidence [Read Order]")
![S. 197 Certificate at 15% Unsustainable: Delhi HC reduces Income Tax withholding of US Firm Cvent Inc to 2% [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127571-income-tax-withholding-of-us-firm-cvent-inc-to-2-taxscan.webp "S. 197 Certificate at 15% Unsustainable: Delhi HC reduces Income Tax withholding of US Firm Cvent Inc to 2% [Read Order]")
![Failure to Repay SBI Car Loan: DRT Orders Repayment with 11.25% Interest, Upholds Right to Sell Hypothecated Vehicle for Recovery [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127564-failure-to-repay-sbi-car-loanjpg.webp "Failure to Repay SBI Car Loan: DRT Orders Repayment with 11.25% Interest, Upholds Right to Sell Hypothecated Vehicle for Recovery [Read Order]")
![Service Tax Exemption for Services to Diplomatic Missions: Delhi HC upholds CESTAT’s Direction to Verify MEA Certificates [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127557-delhi-high-court-mea-cestat-service-tax-exemption-diplomatic-missions-ministry-of-external-affairs-mea-certificates-taxscan.webp "Service Tax Exemption for Services to Diplomatic Missions: Delhi HC upholds CESTAT’s Direction to Verify MEA Certificates [Read Order]")
GST ITC refund claimed within S. 54(1) Timeline cannot be Denied by Executive Circulars: Calcutta HC Grants Relief to Adani Wilmer [Read Order]
The Calcutta High Court has held that a refund claim for accumulated unutilised Input Tax Credit ( ITC ), filed within the statutory timeline prescribed under Section 54(1) of the GST ( Goods and...
![GST ITC refund claimed within S. 54(1) Timeline cannot be Denied by Executive Circulars: Calcutta HC Grants Relief to Adani Wilmer [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127554-gst-itc-refund-claimedjpg.webp "GST ITC refund claimed within S. 54(1) Timeline cannot be Denied by Executive Circulars: Calcutta HC Grants Relief to Adani Wilmer [Read Order]")
No S. 28AAA Recovery under Customs allowable without DGFT Cancelling FPS Scrips: CESTAT sets aside Duty & Penalties [Read Order]
The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has ruled that recovery proceedings under Section 28AAA of the Customs Act, 1962 cannot be sustained ...
![No S. 28AAA Recovery under Customs allowable without DGFT Cancelling FPS Scrips: CESTAT sets aside Duty & Penalties [Read Order]](https://images.taxscan.in/h-upload/2026/02/26/2127217-cestat-sets-aside-duty-penalties-taxscan.webp "No S. 28AAA Recovery under Customs allowable without DGFT Cancelling FPS Scrips: CESTAT sets aside Duty & Penalties [Read Order]")
“Minuscule” Stock Gap No Defence: ITAT Sustains Section 69A Addition for Gold, Silver, Diamond Stock Discrepancy [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a “minuscule” difference in stock of gold, silver, diamond..etc cannot be used as defence to avoid addition under Section...
![“Minuscule” Stock Gap No Defence: ITAT Sustains Section 69A Addition for Gold, Silver, Diamond Stock Discrepancy [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126894-minuscule-stock-gap-no-defence-itat.webp "“Minuscule” Stock Gap No Defence: ITAT Sustains Section 69A Addition for Gold, Silver, Diamond Stock Discrepancy [Read Order]")
Multiple Floors in Same Redeveloped Building Qualify as ‘One Residential House’ for Section 54 : ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that multiple floors received by an assessee in a single redeveloped building would qualify as “one residential house” for the...
![Multiple Floors in Same Redeveloped Building Qualify as ‘One Residential House’ for Section 54 : ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126877-multiple-floors-in-same-redeveloped-building-qualify-tat-.webp "Multiple Floors in Same Redeveloped Building Qualify as ‘One Residential House’ for Section 54 : ITAT [Read Order]")
![Need to Restore an Old PAN? Here’s What the Madras HC Directed the Income Tax Dept to Do [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126787-need-to-restore-an-old-panjpg.webp "Need to Restore an Old PAN? Here’s What the Madras HC Directed the Income Tax Dept to Do [Read Order]")
GST Rate Cut Neutralised by Same-Day Base Price Increase: GSTAT holds ‘Subway’ franchise Liable for Profiteering u/s 171 [Read Order]
The GST Appellate Tribunal ( GSTAT ), Principal Bench, has held that a Subway franchisee in Pune is liable for profiteering by increasing base prices on the very same day the GST rate on restaurant...
![GST Rate Cut Neutralised by Same-Day Base Price Increase: GSTAT holds ‘Subway’ franchise Liable for Profiteering u/s 171 [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126763-gst-rate-cutjpg.webp "GST Rate Cut Neutralised by Same-Day Base Price Increase: GSTAT holds ‘Subway’ franchise Liable for Profiteering u/s 171 [Read Order]")
GST S. 168A Invocation Challenged: Calcutta HC Entertains Writ alleging No ‘Force Majeure’ Existed to Justify Time Extension [Read Order]
The Calcutta High Court has granted relief in a writ petition challenging the validity of an adjudication order passed under Section 73 of the Goods and Services Tax ( GST ) Act, where the...
![GST S. 168A Invocation Challenged: Calcutta HC Entertains Writ alleging No ‘Force Majeure’ Existed to Justify Time Extension [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126758-gst-s-168a-invocation-challenged-calcutta-hc-force-majeure.webp "GST S. 168A Invocation Challenged: Calcutta HC Entertains Writ alleging No ‘Force Majeure’ Existed to Justify Time Extension [Read Order]")