![Bail as per S. 45(1) PMLA Not Necessary in Absence of Arrest under PMLA: Calcutta HC allows release under BNSS [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055710-bail-pmla-pmla-not-necessary-in-absence-of-arrest-absence-of-arrest-taxscan.webp "Bail as per S. 45(1) PMLA Not Necessary in Absence of Arrest under PMLA: Calcutta HC allows release under BNSS [Read Order]")
Bail as per S. 45(1) PMLA Not Necessary in Absence of Arrest under PMLA: Calcutta HC allows release under BNSS [Read Order]
The Calcutta High Court has held that a bail application under section 45(1) PMLA is not necessary in the absence of arrest under the Prevention of...
![Bogus Transaction Addition: ITAT Says Duty Lies on Revenue to Ascertain Whether Bogus Deals Are Genuine Tax Planning or Evasion [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/250x150_2055664-tax-planning-or-evasion-transaction-addition-bogus-deals-taxscan.webp "Bogus Transaction Addition: ITAT Says Duty Lies on Revenue to Ascertain Whether Bogus Deals Are Genuine Tax Planning or Evasion [Read Order]")
![HC Cannot Direct ICICI to Take Possession of Mortgaged Property, Private Bank Not ‘State’ Under Article 12: Punjab and Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/250x150_2055645-pendency-of-proceedings-nclat-rules-favour-of-icici-bank-section-7-bar-financial-creditors-nclat-delhi-taxscan.webp "HC Cannot Direct ICICI to Take Possession of Mortgaged Property, Private Bank Not ‘State’ Under Article 12: Punjab and Haryana HC [Read Order]")
![Denial of CENVAT Credit for Lack of Documents on Input Services: CESTAT Remands Matter for Fresh Verification [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/250x150_2055618-cestat-cestat-chennai-cenvat-credit-taxscan.webp "Denial of CENVAT Credit for Lack of Documents on Input Services: CESTAT Remands Matter for Fresh Verification [Read Order]")
![SEBI cannot be compelled to Hand over Documents already in Custody of Accused: Calcutta HC Allows Revision Application of SEBI [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/250x150_2055691-sebi-calcutta-high-court-documents-taxscan.webp "SEBI cannot be compelled to Hand over Documents already in Custody of Accused: Calcutta HC Allows Revision Application of SEBI [Read Order]")
Rs. 150 Crores Financial Fraud by Employees of Mahindra & Mahindra Finance: Gauhati HC refuses to allow Transfer of case to Assam [Read Order]
The Gauhati High Court, in its recent case refused to allow transfer of a financial fraud case from mizoram to assam holding that a sufficient number of witnesses have been listed by the IO to...
![Rs. 150 Crores Financial Fraud by Employees of Mahindra & Mahindra Finance: Gauhati HC refuses to allow Transfer of case to Assam [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055682-gauhati-high-court-financial-fraud-mahindra-and-mahindra-financial-taxscan.webp "Rs. 150 Crores Financial Fraud by Employees of Mahindra & Mahindra Finance: Gauhati HC refuses to allow Transfer of case to Assam [Read Order]")
Concrete Pumps at Client’s Disposal Attract Supply of Tangible Goods, Not GTA: CESTAT [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the hiring of concrete pumps amounted to the supply of tangible goods and was not classifiable under...
![Concrete Pumps at Client’s Disposal Attract Supply of Tangible Goods, Not GTA: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055299-concrete-pumps-concrete-pumps-at-clients-disposal-attract-supply-clients-disposal-attract-supply-taxscan.webp "Concrete Pumps at Client’s Disposal Attract Supply of Tangible Goods, Not GTA: CESTAT [Read Order]")
![Dismissal of GST Appeal for Delay Without Proper Justification Liable to Interference: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055637-gst-appeal-taxscan.webp "Dismissal of GST Appeal for Delay Without Proper Justification Liable to Interference: Madras HC [Read Order]")
Income Tax Penalty Notice Not Properly Served Initially, Reminded after 4 Months of its Issuance: Madras HC Directs Decision After Hearing [Read Order]
The High Court of Madras, directed that a decision be made after granting a personal hearing in a case where an income tax penalty notice under Section 270A of the Income Tax Act, 1961, was not...
![Income Tax Penalty Notice Not Properly Served Initially, Reminded after 4 Months of its Issuance: Madras HC Directs Decision After Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055622-kerala-hc-income-tax-penalty-income-tax-income-tax-news-kerala-hc-news-high-court-of-kerala-high-court-section-274-section-44ab-assessment-taxscan.webp "Income Tax Penalty Notice Not Properly Served Initially, Reminded after 4 Months of its Issuance: Madras HC Directs Decision After Hearing [Read Order]")
![Profits from Kuri Business Held Under Trust Eligible for Exemption u/s 11 of ITA: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055619-kuri-business.webp "Profits from Kuri Business Held Under Trust Eligible for Exemption u/s 11 of ITA: ITAT [Read Order]")
Accommodation Entries Received in Guise of Unsecured Loan from Shell Companies: ITAT Directs Revenue to Examine Tax Evasion [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Revenue to examine tax evasion involving accommodation entries received in the guise of unsecured loans from shell companies....
![Accommodation Entries Received in Guise of Unsecured Loan from Shell Companies: ITAT Directs Revenue to Examine Tax Evasion [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055597-accommodation-accommodation-entries-received-entries-received-in-guise-unsecured-loan-taxscan.webp "Accommodation Entries Received in Guise of Unsecured Loan from Shell Companies: ITAT Directs Revenue to Examine Tax Evasion [Read Order]")
Superannuation Contribution Allowable if Paid Before Return Due Date and Fund Is Approved: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that superannuation fund contribution is allowable as a deduction if paid before the due date of filing the return and the fund is...
![Superannuation Contribution Allowable if Paid Before Return Due Date and Fund Is Approved: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055572-superannuation-contribution-itat-taxscan.webp "Superannuation Contribution Allowable if Paid Before Return Due Date and Fund Is Approved: ITAT [Read Order]")