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.
![CBDT Issues Clarification on Interest Waiver u/s 201(1A)(ii)/206C(7) [Read Circular]](https://images.taxscan.in/h-upload/2025/07/02/500x300_2057972-site-img-3.webp "CBDT Issues Clarification on Interest Waiver u/s 201(1A)(ii)/206C(7) [Read Circular]")
CBDT Issues Clarification on Interest Waiver u/s 201(1A)(ii)/206C(7) [Read Circular]
The Central Board of Direct Taxes (CBDT) has issued a clarification dated July 1, 2025, regarding the applicability and operational scope of...
![Chartered Accountants Act: MCA Appoints New 3 Members to Quality Review Board [Read Notification]](https://images.taxscan.in/h-upload/2025/07/02/250x150_2057959-qrb.webp "Chartered Accountants Act: MCA Appoints New 3 Members to Quality Review Board [Read Notification]")
![Revised Form INC-22A Notified: MCA Notifies Companies (Incorporation) Amendment Rules, 2025 [Read Notification]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057725-form-inc-22a-mca-amendment-rules-taxscan.webp "Revised Form INC-22A Notified: MCA Notifies Companies (Incorporation) Amendment Rules, 2025 [Read Notification]")
![MCA Notifies Amended Form CRL-1 Under Companies (Restriction on Number of Layers) Amendment Rules, 2025 [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057732-mca-mca-notifies-amended-form-crl-1-amended-form-crl-1-taxscan.webp "MCA Notifies Amended Form CRL-1 Under Companies (Restriction on Number of Layers) Amendment Rules, 2025 [Read Order]")
![Accounts Dept fails to Communicate CIT(E) Notices to Top Management: ITAT ITAT grants one more Opportunity to Submit Documents [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057448-cite-notices.webp "Accounts Dept fails to Communicate CIT(E) Notices to Top Management: ITAT ITAT grants one more Opportunity to Submit Documents [Read Order]")
![ITAT Denies 80G Exemption as Educational Trust Fails to Justify Donations to Other Trusts [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057441-tx.webp "ITAT Denies 80G Exemption as Educational Trust Fails to Justify Donations to Other Trusts [Read Order]")
Section 115BBE of Income Tax Act would be Applicable for Transactions Undertaken w.e.f. 1/4/2017, Not of Earlier Period, Rules ITAT [Read Order]
While clarifying the scope of retrospective taxation under Section 115BBE of the Income Tax Act, 1961 the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the higher tax rate...
![Section 115BBE of Income Tax Act would be Applicable for Transactions Undertaken w.e.f. 1/4/2017, Not of Earlier Period, Rules ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057402-itat-taxscan.webp "Section 115BBE of Income Tax Act would be Applicable for Transactions Undertaken w.e.f. 1/4/2017, Not of Earlier Period, Rules ITAT [Read Order]")
Inadvertent Mutual Fund Investment on Different PAN Explained: ITAT finds No Misreporting or Under reporting, Directs AO to verify both PANs [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed an addition of over ₹14 lakh under Section 69B of the income tax act, 1961, holding that the investment was inadvertently...
![Inadvertent Mutual Fund Investment on Different PAN Explained: ITAT finds No Misreporting or Under reporting, Directs AO to verify both PANs [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057443-itat-delhi-mutual-fund-investment-ao-mismatch-pan-taxscan.webp "Inadvertent Mutual Fund Investment on Different PAN Explained: ITAT finds No Misreporting or Under reporting, Directs AO to verify both PANs [Read Order]")
![Reassessment u/s 148 Without Approval from Competent Authority u/s 151 is Void ab Initio: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057405-itat-reassessment-income-tax-act-transaction-return-filed-calcutta-hc-appeal-taxscan.webp "Reassessment u/s 148 Without Approval from Competent Authority u/s 151 is Void ab Initio: ITAT [Read Order]")
Paper books Proving Genuineness of Unsecured Loan and Movt of Funds: ITAT grants one Last Opportunity to Contest [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has remanded back an addition of ₹40 lakh made under Section68 of the income tax act, 1961, directing the Assessing Officer (AO) to ...
![Paper books Proving Genuineness of Unsecured Loan and Movt of Funds: ITAT grants one Last Opportunity to Contest [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057383-site-img31-1-1.webp "Paper books Proving Genuineness of Unsecured Loan and Movt of Funds: ITAT grants one Last Opportunity to Contest [Read Order]")
AO Cannot Travel Beyond Limited Scrutiny Without Pr. CIT’s Consent: ITAT reiterates CBDT Instruction, Deletes Addition u/s 36(1)(iii) [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed an addition of over ₹3.83 crore made by the Assessing Officer ( AO ) under Section 36(1)(iii), holding that the AO exceeded...
![AO Cannot Travel Beyond Limited Scrutiny Without Pr. CIT’s Consent: ITAT reiterates CBDT Instruction, Deletes Addition u/s 36(1)(iii) [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057401-scrutiny-cbdt.webp "AO Cannot Travel Beyond Limited Scrutiny Without Pr. CIT’s Consent: ITAT reiterates CBDT Instruction, Deletes Addition u/s 36(1)(iii) [Read Order]")
Auditor Misplaced Requisite Papers Causes 32 days delay in filing GST Appeal: Madras HC condones Delay [Read Order]
The Madras High Court has condoned a 32-day delay in filing a GST ( Goods and Services Tax ) appeal caused by the petitioner’s auditor misplacing critical papers needed for filing after finding the...
![Auditor Misplaced Requisite Papers Causes 32 days delay in filing GST Appeal: Madras HC condones Delay [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057096-gst-appeal-condones-delay.webp "Auditor Misplaced Requisite Papers Causes 32 days delay in filing GST Appeal: Madras HC condones Delay [Read Order]")