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44 days Delay in filing written Statement relating to 489 Cr Outstanding Public Money: DRAT directs to Pay 50 K to Canara Bank
The Delhi bench of the Debts Recovery Appellate Tribunal(DRAT) directed to pay Rs 50000 to Canara Bank & Ors in the case where the 44 days delay...
![Interest From Land Acquisition Cannot Be Taxed Under Income from other Sources: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/07/500x300_2060323-land-acquisition-taxscan.webp "Interest From Land Acquisition Cannot Be Taxed Under Income from other Sources: ITAT [Read Order]")
![CBIC Elevates Four Officers to Chief Commissioner Grade [Read Notification]](https://images.taxscan.in/h-upload/2025/07/07/500x300_2060379-cbic-1.webp "CBIC Elevates Four Officers to Chief Commissioner Grade [Read Notification]")
Relief to Hindustan Petroleum: CESTAT Holds Modernization Services within Refinery are 'Input Service’ and Eligible for CENVAT Credit [Read Order]
The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed an appeal filed by Hindustan Petroleum Corporation Ltd. (HPCL), holding that Central Value Added Tax...
![Relief to Hindustan Petroleum: CESTAT Holds Modernization Services within Refinery are Input Service’ and Eligible for CENVAT Credit [Read Order]](https://images.taxscan.in/h-upload/2025/07/07/500x300_2060351-hindustan-petroleum.webp "Relief to Hindustan Petroleum: CESTAT Holds Modernization Services within Refinery are Input Service’ and Eligible for CENVAT Credit [Read Order]")
![FOB Value Agreed Between Buyer and Seller Cannot Be Changed by Customs Authorities: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/07/500x300_2060291-fob-value.webp "FOB Value Agreed Between Buyer and Seller Cannot Be Changed by Customs Authorities: CESTAT [Read Order]")
CIT’s Order to Recompute Tamil Nadu Cements’ Set-Off Valid as Method Used Was Faulty: Madras HC [Read Order]
In a recent ruling, the Madras High Court upheld the CIT’s direction to the Assessing Officer to recompute Tamil Nadu Cements Corporation’s set-off of past losses and depreciation, holding that the...
![CIT’s Order to Recompute Tamil Nadu Cements’ Set-Off Valid as Method Used Was Faulty: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/500x300_2059220-cits-order-cits-order-for-tamil-nadu-cements-taxscan.webp "CIT’s Order to Recompute Tamil Nadu Cements’ Set-Off Valid as Method Used Was Faulty: Madras HC [Read Order]")
![Form 67 Filed in Time Under Amended R. 128(9): ITAT Allows ₹49.65 Lakh FTC [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/500x300_2059130-foreign-tax-credit-form-67-filing-ftc-taxscan.webp "Form 67 Filed in Time Under Amended R. 128(9): ITAT Allows ₹49.65 Lakh FTC [Read Order]")
“GSTN has gone completely mad” Issuing Bulk unverified and uncalled-for emails/sms to Composition dealers, Creates chaos among users
Using the social media site X (previously Twitter), on July 6th, a taxpayer alleged that “Bulk unverified and uncalled-for emails/SMS to composition dealers have created panic countrywide.”Also...
