![Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/02/500x300_2057888-unaccounted-receipts.webp "Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]")
Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) held that only the profit element embedded in unaccounted receipts can be taxed, not...
![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]")
![No PAN Mandatory for Lower TDS under DTAA: Gujarat HC rules in favour of Adani Wilmar Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057691-pan-card-jpg.webp "No PAN Mandatory for Lower TDS under DTAA: Gujarat HC rules in favour of Adani Wilmar Ltd [Read Order]")
AO failed to Consider Supplementary Agreement: ITAT Uphold Deletion of Rs 4 Crore Tax Addition over Development Cost [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has upheld the addition of over Rs. 4 crore in tax additions made by the revenue authorities as it was found that the AO failed to...
![AO failed to Consider Supplementary Agreement: ITAT Uphold Deletion of Rs 4 Crore Tax Addition over Development Cost [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057678-itat-directs-ao-itat-taxscan.webp "AO failed to Consider Supplementary Agreement: ITAT Uphold Deletion of Rs 4 Crore Tax Addition over Development Cost [Read Order]")
Open Ended Provision Permitting Collection of Duty in future Amounts to excessive delegation: Andhra Pradesh HC [Read Order]
In a recent case, the Andhra Pradesh High Court held that open ended provision permitting collection of duty in future amounts to excessive delegation. A.P. Textile Mills Association, the...
![Open Ended Provision Permitting Collection of Duty in future Amounts to excessive delegation: Andhra Pradesh HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057660-andhra-pradesh-hc-electricity-duty-act-excessive-delegation-taxscan.webp "Open Ended Provision Permitting Collection of Duty in future Amounts to excessive delegation: Andhra Pradesh HC [Read Order]")
Delegation of power to categorize Consumers as per discretion without any guidance in Duty Act is invalid: Andhra Pradesh HC [Read Order]
In a recent case, the Andhra Pradesh High Court held that delegation of power to categorize Consumers as per discretion without any guidance in A.P. Electricity Duty Act, 1939 is invalid. ...
![Delegation of power to categorize Consumers as per discretion without any guidance in Duty Act is invalid: Andhra Pradesh HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057666-delegation-of-power-power-to-categorize-consumers-categorize-consumers-taxscan.webp "Delegation of power to categorize Consumers as per discretion without any guidance in Duty Act is invalid: Andhra Pradesh HC [Read Order]")
![BCI Declares Online and Distance LL.M. Degrees Invalid, Warns Students and Institutions [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057585-bci-llm.webp "BCI Declares Online and Distance LL.M. Degrees Invalid, Warns Students and Institutions [Read Order]")
Proper Officer Should follow Formulae u/r 42 and 43 to Compute Utilization of GST ITC and Reversal Thereof: Calcutta HC [Read Order]
In a recent order, the Calcutta High Court emphasized the importance of the assessing authorities to follow the formulae prescribed under Rules 42 and 43 of the CGST Rules for the computation and...
![Proper Officer Should follow Formulae u/r 42 and 43 to Compute Utilization of GST ITC and Reversal Thereof: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057617-delhi-high-court-gst-itc-input-tax-credit-taxscan.webp "Proper Officer Should follow Formulae u/r 42 and 43 to Compute Utilization of GST ITC and Reversal Thereof: Calcutta HC [Read Order]")
Writ petition to Quash approval u/s 151 of Income Tax Act: Himachal Pradesh HC Stays Proceedings Till Disposal of Case Pending before Supreme Court [Read Order]
The Himachal Pradesh High Court stayed the writ petition filed to quash the approval under section 151 of the Income Tax Act, 1961 till the disposal of the case titled Union of India & Ors. Vs....
![Writ petition to Quash approval u/s 151 of Income Tax Act: Himachal Pradesh HC Stays Proceedings Till Disposal of Case Pending before Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057611-himachal-pradesh-hc.webp "Writ petition to Quash approval u/s 151 of Income Tax Act: Himachal Pradesh HC Stays Proceedings Till Disposal of Case Pending before Supreme Court [Read Order]")