![Wafers are entitled to reduced rate of excise duty under exemption notification: CESTAT sets aside Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057584-wafers.webp "Wafers are entitled to reduced rate of excise duty under exemption notification: CESTAT sets aside Order [Read Order]")
Wafers are entitled to reduced rate of excise duty under exemption notification: CESTAT sets aside Order [Read Order]
The New Delhi bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held that ‘Wafers’ are entitled to reduced rate of excise...
Consent from President not required for amendments to S. 3 and 7, which are within purview of A.P. Electricity Duty Act: Andhra Pradesh HC
In a recent case, the Andhra Pradesh High Court held that consent from president not required for amendments to Section 3 and 7, which are within purview of A.P. Electricity Duty Act, 1939. ...
Confiscated Goods u/s 130 of GST Act Can be released During Pendency of Appeal When Not Auctioned: Kerala HC [Read Order]
The Kerala High Court ruled that objects seized under Section 130 of the GST Act may be released while the appeal is pending provided they haven't yet been put up for auction. The...
![Confiscated Goods u/s 130 of GST Act Can be released During Pendency of Appeal When Not Auctioned: Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057606-confiscated-goods.webp "Confiscated Goods u/s 130 of GST Act Can be released During Pendency of Appeal When Not Auctioned: Kerala HC [Read Order]")
ITAT Sets Aside Reassessment Notices Issued u/s 148 for Lack of Proper Sanction Post Finance Act, 2021 [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) allowed appeals filed by Sampark Management Consultancy LLP, quashing reassessment notices issued under Section 148 of the Income Tax Act,...
![ITAT Sets Aside Reassessment Notices Issued u/s 148 for Lack of Proper Sanction Post Finance Act, 2021 [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057570-itat-itat-sets-aside-reassessment-notices-reassessment-notices-lack-of-proper-sanction-taxscan.webp "ITAT Sets Aside Reassessment Notices Issued u/s 148 for Lack of Proper Sanction Post Finance Act, 2021 [Read Order]")
ITAT Acknowledges Assessee’s Non-Appearance Due to Medical Emergency: Restores 80G Approval Matter to CIT(E) [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has set aside the cancellation of registration under Section 80G of the Income Tax Act, 1961, for Rishi Samskruti Vidya Kendra, a...
![ITAT Acknowledges Assessee’s Non-Appearance Due to Medical Emergency: Restores 80G Approval Matter to CIT(E) [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057546-itat-acknowledges-medical-emergency-restores-80g-matter-cite-taxscan.webp "ITAT Acknowledges Assessee’s Non-Appearance Due to Medical Emergency: Restores 80G Approval Matter to CIT(E) [Read Order]")
"NFAC Passed Perverse Order Stating Wrong Penalty Amount & Ignoring S.273B Safeguards": ITAT Deletes Penalty u/s 271(1)(b)
The Raipur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside a penalty of Rs. 10,000 imposed under Section 271(1)(b) of the Income Tax Act, 1961, on the assessee for alleged...
![SEBI extends Cybersecurity Framework Compliance Deadline for Regulated Entities [Read Circular]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057540-sebi-1.webp "SEBI extends Cybersecurity Framework Compliance Deadline for Regulated Entities [Read Circular]")