![Name of Assessee not Mentioned in Seized Documents: ITAT deletes Income Tax Additions [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079210-seized-document-itat-income-tax-taxscan.webp "Name of Assessee not Mentioned in Seized Documents: ITAT deletes Income Tax Additions [Read Order]")
Name of Assessee not Mentioned in Seized Documents: ITAT deletes Income Tax Additions [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Mumbai Bench has set aside a series of additions made against assessee Mahesh Narayan Joglekar for...
![No Technical Yardstick applied while issuing S. 73 Order against Brick Manufacturer: Patna HC Directs for Fresh Assessment [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/250x150_2079013-brick-manufacturer-taxscan.webp "No Technical Yardstick applied while issuing S. 73 Order against Brick Manufacturer: Patna HC Directs for Fresh Assessment [Read Order]")
![GST Appeals cannot be Dismissed by Slipshod Orders: Chhattisgarh HC condones 26-Day Delay by Gannon Dunkerley [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/250x150_2078976-gst-appeals-slipshod-orders-chhattisgarh-hc-taxscan.webp "GST Appeals cannot be Dismissed by Slipshod Orders: Chhattisgarh HC condones 26-Day Delay by Gannon Dunkerley [Read Order]")
CBDT Amends Rule 21AIA of Income Tax Rules: ETF Specified Fund Explanation Revised, Sub-Rule Omitted [Read Notification]
The Ministry of Finance, Department of Revenue, through the Central Board of Direct Taxes (CBDT), issued Notification No. 136/2025 dated August 21, 2025, announcing amendments to the Income Tax ...
![CBDT Amends Rule 21AIA of Income Tax Rules: ETF Specified Fund Explanation Revised, Sub-Rule Omitted [Read Notification]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079208-2078208-cbdt-salary-income-tax-rules-taxscan.webp "CBDT Amends Rule 21AIA of Income Tax Rules: ETF Specified Fund Explanation Revised, Sub-Rule Omitted [Read Notification]")
![Genuineness of Penny Stocks Share Sale: ITAT Upholds ₹21.72 Lakh Addition as Sham Transaction [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078941-genuineness-penny-stocks-share-sale-itat-taxscan.webp "Genuineness of Penny Stocks Share Sale: ITAT Upholds ₹21.72 Lakh Addition as Sham Transaction [Read Order]")
Disallowance of Excess Deductions and House Property Loss in Revised Returns: ITAT Sets Aside Order FAA’s Order [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the order of the First Appellate Authority (FAA) and directed the Assessing Officer (AO) to consider the original return while ...
![Disallowance of Excess Deductions and House Property Loss in Revised Returns: ITAT Sets Aside Order FAA’s Order [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078944-deductions-house-property-itat-faa-taxscan.webp "Disallowance of Excess Deductions and House Property Loss in Revised Returns: ITAT Sets Aside Order FAA’s Order [Read Order]")
90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the 90-day time limit under Regulation 2B of the IBBI (Liquidation Process) Regulations, 2016 for completing a...
![90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079168-2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]")
Relief for Godrej: CESTAT Rules Provisional Refunds Given Under Court Orders Cannot Be Treated as Wrong Refunds, No Interest Payable [Read Order]
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that provisional refunds granted under binding court orders cannot be treated as erroneous refunds, and no...
![Relief for Godrej: CESTAT Rules Provisional Refunds Given Under Court Orders Cannot Be Treated as Wrong Refunds, No Interest Payable [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2079066-godrej-and-boyce-site-img-recovered.webp "Relief for Godrej: CESTAT Rules Provisional Refunds Given Under Court Orders Cannot Be Treated as Wrong Refunds, No Interest Payable [Read Order]")
Magistrate Issued Non-Bailable Warrant for Offence u/s 276C(2) of Income Tax Act, Punishable Max 3 Years: Bombay HC Quashes Order [Read Order]
In a recent ruling, the Bombay High Court held that issuing a non-bailable warrant for a bailable offence under Section 276C(2) of the Income Tax Act, which carries a maximum punishment of three ...
![Magistrate Issued Non-Bailable Warrant for Offence u/s 276C(2) of Income Tax Act, Punishable Max 3 Years: Bombay HC Quashes Order [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2079037-untitled-2.webp "Magistrate Issued Non-Bailable Warrant for Offence u/s 276C(2) of Income Tax Act, Punishable Max 3 Years: Bombay HC Quashes Order [Read Order]")
Refund of Compensation Cess ITC Cannot be Denied When Goods are Exported on Payment of IGST: Gujarat HC [Read Order]
In a recent ruling, the Gujarat High Court held that refund of unutilised compensation cess input tax credit ( ITC ) cannot be denied when goods are exported on payment of Integrated Goods...
![Refund of Compensation Cess ITC Cannot be Denied When Goods are Exported on Payment of IGST: Gujarat HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2079094-refund-compensation-cess-itc-denied-goods-exported-payment-igst-gujarat-hc-taxscan.webp "Refund of Compensation Cess ITC Cannot be Denied When Goods are Exported on Payment of IGST: Gujarat HC [Read Order]")