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.
![Businesses can Rectify GST Returns Even After Prescribed Due dates: Supreme Court directs CBIC to Re-examine Timelines Correcting Bonafide Errors [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/05/gst-returns-2.jpg "Businesses can Rectify GST Returns Even After Prescribed Due dates: Supreme Court directs CBIC to Re-examine Timelines Correcting Bonafide Errors [Read Judgement]")
Businesses can Rectify GST Returns Even After Prescribed Due dates: Supreme Court directs CBIC to Re-examine Timelines Correcting Bonafide Errors [Read Judgement]
In a recent ruling, the Supreme Court has ruled that the businesses can rectify GST(Goods and Services Tax) returns even after prescribed due dates...
![DGFT Issues Revised Procedure for Stock & Sale Authorization of SCOMET Items [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/DGFT-Issues-DGFT-Issues-Revised-Procedure-Revised-Procedure-for-Stock-Sale-taxscan.jpg "DGFT Issues Revised Procedure for Stock & Sale Authorization of SCOMET Items [Read Notification]")
![Composite SCN u/s 74 of GST Act for Multiple Assessment Years Not Permissible: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/site-img-1.jpg "Composite SCN u/s 74 of GST Act for Multiple Assessment Years Not Permissible: Kerala HC [Read Order]")
![CBIC updates Customs Tariff Rates of Gold, Silver and Oil [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/Gold-and-silver-Customs-Tariff-taxscan.jpg "CBIC updates Customs Tariff Rates of Gold, Silver and Oil [Read Notification]")
No Evidence of Price Rigging: Calcutta HC Dismisses Income Tax Dept Appeal in Rs. 71L Penny Stock Loss Case [Read Order]
The Calcutta High Court recently dismissed an appeal filed by the Income Tax Department in a case involving the disallowance of ₹71.38 lakh in losses claimed from transactions in penny stock scrips. ...
![No Evidence of Price Rigging: Calcutta HC Dismisses Income Tax Dept Appeal in Rs. 71L Penny Stock Loss Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Calcutta-High-Court-Income-Tax-Dept-Appeal-Penny-Stock-Loss-Case-TAXSCAN.jpg "No Evidence of Price Rigging: Calcutta HC Dismisses Income Tax Dept Appeal in Rs. 71L Penny Stock Loss Case [Read Order]")
No Income Tax Addition Permissible in Unabated Assessment Without Incriminating Material Found During Search u/s 132: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that no addition can be made under Section 153A in an unabated assessment where no incriminating material has been found during...
![No Income Tax Addition Permissible in Unabated Assessment Without Incriminating Material Found During Search u/s 132: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/income-tax-Addition-site-img.jpg "No Income Tax Addition Permissible in Unabated Assessment Without Incriminating Material Found During Search u/s 132: ITAT [Read Order]")
Career Opportunities at ICSI for CS, CA, Lawyer, HR & Commerce Graduates: Apply Now for High-Paying Roles before Deadline
The Institute of Company Secretaries of India ( ICSI ) has announced multiple high-paying job openings for professionals including Company Secretaries ( CS ), Chartered Accountants (CA), Commerce...
5 Hearings Missed including one During Covid Period: ITAT Grants Another Chance, Restores Matter to CIT(A) [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) granted relief to assessee who missed 5 hearings including one scheduled during covid period. The matter was restored to the Commissioner of...
![5 Hearings Missed including one During Covid Period: ITAT Grants Another Chance, Restores Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Personal-Hearing-mandatory-Rectification-Application-decision-filer-Adversely-Madras-HC-taxscan.jpg "5 Hearings Missed including one During Covid Period: ITAT Grants Another Chance, Restores Matter to CIT(A) [Read Order]")
Mere Non-Compliance of Summons u/s 131 Not Ground for Addition u/s 68 When Evidences Furnished before AO: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that in cases of unabated assessments, no addition can be sustained under Section 68 of the Income Tax Act, 1961, in the...
![Mere Non-Compliance of Summons u/s 131 Not Ground for Addition u/s 68 When Evidences Furnished before AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Incriminating-Material-ITAT-TAXSCAN.jpg "Mere Non-Compliance of Summons u/s 131 Not Ground for Addition u/s 68 When Evidences Furnished before AO: ITAT [Read Order]")
GST Demand Order Passed alleging Excess ITC Claim: Madras HC directs to Consider Application for Rectification of Order [Read Order]
The Madras High Court has directed the GST ( Goods and Services Tax ) department to consider and dispose of a rectification application filed by the petitioner rectifying the order passed on the...
![GST Demand Order Passed alleging Excess ITC Claim: Madras HC directs to Consider Application for Rectification of Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/gst-demand-site-img.jpg "GST Demand Order Passed alleging Excess ITC Claim: Madras HC directs to Consider Application for Rectification of Order [Read Order]")