SC Slams GST Defaulters for Misusing Bail to Skip Security Deposit
The Supreme Court of India, took serious note of Central GST defaulters misusing a legal loophole to avoid depositing bail-related security amounts....
![CESTAT Upholds Service Tax Demand Citing Backdated Agreement as Suppression; Limits Second SCN to Normal Period [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054248-service-tax-demand-taxscan.webp "CESTAT Upholds Service Tax Demand Citing Backdated Agreement as Suppression; Limits Second SCN to Normal Period [Read Order]")
![Extended Limitation Not Applicable in Matter Involving Legal Interpretation: CESTAT Allows Appeal as Demand Time-Barred [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054235-legal-interpretation-cestat-taxscan.webp "Extended Limitation Not Applicable in Matter Involving Legal Interpretation: CESTAT Allows Appeal as Demand Time-Barred [Read Order]")
![DGFT Notifies FTP 2023 Amendment: Caps Export Obligation Period at 180 Days for QCO-Exempt Chemical Products [Read Notification]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054202-dgft-ftp-2023-taxscan.webp "DGFT Notifies FTP 2023 Amendment: Caps Export Obligation Period at 180 Days for QCO-Exempt Chemical Products [Read Notification]")
CBIC Clarifies Review, Revision, and Appeal Procedures for Orders Passed by Common Adjudicating Authorities in DGGI Cases [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) issued a circular no. 250/07/2025-GST dated 24th June 2025 clarifying the procedures for review, revision, and appeal of adjudication orders...
![CBIC Clarifies Review, Revision, and Appeal Procedures for Orders Passed by Common Adjudicating Authorities in DGGI Cases [Read Circular]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054232-cbic-dggi-cases-review-revision-appeal-procedures-orders-taxscan.webp "CBIC Clarifies Review, Revision, and Appeal Procedures for Orders Passed by Common Adjudicating Authorities in DGGI Cases [Read Circular]")
ITAT Holds Peak Credit Theory Not Applicable in Undisclosed Income Gold Stock Case; Directs AO to Verify Details as per CBDT SOP/Guidelines [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) has held that the theory of peak credit is inapplicable in a case involving undisclosed income channeled through bogus gold trade...
![ITAT Holds Peak Credit Theory Not Applicable in Undisclosed Income Gold Stock Case; Directs AO to Verify Details as per CBDT SOP/Guidelines [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054189-income-gold-stock-case.webp "ITAT Holds Peak Credit Theory Not Applicable in Undisclosed Income Gold Stock Case; Directs AO to Verify Details as per CBDT SOP/Guidelines [Read Order]")
No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]
The Chennai Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT ) held that no proceedings are allowable on claims excluded from an approved Resolution Plan under Section 31(1) of...
![No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054177-resolution-plan.webp "No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]")
NCLAT Sets Aside Status Quo Order in TIIPL Voluntary Liquidation; Affirms Shareholders’ Right to Replace Liquidator [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has set aside a status quo order issued by the Adjudicating Authority, allowing the shareholders and directors of Transmissions International...
![NCLAT Sets Aside Status Quo Order in TIIPL Voluntary Liquidation; Affirms Shareholders’ Right to Replace Liquidator [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054162-nclat-status-quo-order-taxscan.webp "NCLAT Sets Aside Status Quo Order in TIIPL Voluntary Liquidation; Affirms Shareholders’ Right to Replace Liquidator [Read Order]")
Hiring of Charter Plane cannot be Treated as a Payment made for Professional or Technical Services: ITAT remands matter [Read Order]
In a recent case, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that hiring a charter plane cannot be treated as a payment made for professional or technical services ...
![Hiring of Charter Plane cannot be Treated as a Payment made for Professional or Technical Services: ITAT remands matter [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054144-whatsapp-image-2025-06-25-at-101439-am.webp "Hiring of Charter Plane cannot be Treated as a Payment made for Professional or Technical Services: ITAT remands matter [Read Order]")