Nirmala Sitharaman Lauds EXIM Bank’s Trade Assistance Programme at Trade Conclave 2025: Sanctions SME Financing u/ Ubharte Sitaare
Union Finance Minister Nirmala Sitharaman lauded EXIM Bank’s pioneering Trade Assistance Programme (TAP) as a critical enabler for Indian exporters...
![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]](https://images.taxscan.in/h-upload/2025/06/25/250x150_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]](https://images.taxscan.in/h-upload/2025/06/25/250x150_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]")
ITAT directs De Novo Proceedings due to lack of Evidence to substantiate Deffered Revenue in P & L account [Read Order]
In a recent case, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) directs de novo proceedings due to lack of evidence to substantiate deferred revenue in the profit & loss...
![ITAT directs De Novo Proceedings due to lack of Evidence to substantiate Deffered Revenue in P & L account [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054147-itat-directs-novo-proceedings-taxscan.webp "ITAT directs De Novo Proceedings due to lack of Evidence to substantiate Deffered Revenue in P & L account [Read Order]")
Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]
In a recent case, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) viewed that two income tax notices issued by the Commissioner of Income Tax (CIT(A)) in one week amount to gross...
![Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054151-geovista.webp "Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]")
CBIC Tightens Import Policy on Gold & Silver Compounds, Places Restriction on Items under CTH 2843 [Read Instruction]
The Central Board ofIndirect Taxes & Customs (CBIC) has issued Instruction No. 18/2025-Customs, dated June 20, 2025, notifying an amendment to the import policy for colloidal precious metals and...
![CBIC Tightens Import Policy on Gold & Silver Compounds, Places Restriction on Items under CTH 2843 [Read Instruction]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054139-cbic-import-policy-gold-silver-taxscan.webp "CBIC Tightens Import Policy on Gold & Silver Compounds, Places Restriction on Items under CTH 2843 [Read Instruction]")