![ITAT Upholds Rule of Consistency: Rental Income from Leased Property Taxable as House Property, Not Business Income [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043636-rental-income-taxscan.webp "ITAT Upholds Rule of Consistency: Rental Income from Leased Property Taxable as House Property, Not Business Income [Read Order]")
ITAT Upholds Rule of Consistency: Rental Income from Leased Property Taxable as 'House Property', Not 'Business Income [Read Order]
The Income Tax Appellate Tribunal (ITAT) New Delhi Bench has reaffirmed the principle of consistency in tax treatment by ruling that rental income...
![No Penalty or Redemption Fine if Confiscation of Goods is Set Aside by Customs Tribunal: CESTAT [read Order]](https://images.taxscan.in/h-upload/2025/06/13/250x150_2043841-chennai-cestat-no-penalty-cestat-redemption-goods-customs-tribunal-cestat-taxscan-1.webp "No Penalty or Redemption Fine if Confiscation of Goods is Set Aside by Customs Tribunal: CESTAT [read Order]")
![CESTAT Rules Service Tax Payable on Printing Charge: Exemption Under S.No. 30 of Notification 25/2012-ST Not Applicable [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/250x150_2043642-cestat-cestat-delhi-service-tax-service-tax-on-printing-charge-taxscan.webp "CESTAT Rules Service Tax Payable on Printing Charge: Exemption Under S.No. 30 of Notification 25/2012-ST Not Applicable [Read Order]")
Moisture and Ash Content Not Tested Properly for Areca Nuts’ Raw or Roasted Classification: Madras HC Remands Matter to Customs Commissioner [Read Order]
The Madurai bench of Madras High Court has remanded the matter involving the import of areca nuts back to the Customs Commissioner for fresh consideration. The Court found serious lapses in the...
![Moisture and Ash Content Not Tested Properly for Areca Nuts’ Raw or Roasted Classification: Madras HC Remands Matter to Customs Commissioner [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043785-madras-hc-areca-nuts-raw-roasted-customs-commissioner-taxscan.webp "Moisture and Ash Content Not Tested Properly for Areca Nuts’ Raw or Roasted Classification: Madras HC Remands Matter to Customs Commissioner [Read Order]")
Plea for Provisional Release of Goods: Madras HC Orders Customs to Decide Representation Based on SC's Navshakti Industries Ruling [Read Order]
The Madras High Court has directed the Customs Department to consider the representation of provisional release of goods under Section 110A of the Customs Act, 1962 based on the Supreme Court...
![Plea for Provisional Release of Goods: Madras HC Orders Customs to Decide Representation Based on SCs Navshakti Industries Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043784-plea-for-provisional-release-provisional-release-of-goods-madras-hc-taxscan.webp "Plea for Provisional Release of Goods: Madras HC Orders Customs to Decide Representation Based on SCs Navshakti Industries Ruling [Read Order]")
RBI Eases KYC Rules for Low-Risk Customers: Extended Deadline, BC Support, and Mandatory Advance Notices [Read Notification]
The Reserve Bank of India (RBI), through a notification dated June 13, 2025, issued amendments to the Know Your Customer (KYC) Directions, 2016, introducing extended deadlines, business...
![RBI Eases KYC Rules for Low-Risk Customers: Extended Deadline, BC Support, and Mandatory Advance Notices [Read Notification]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043772-2041587-rbi-new-directions-taxscan.webp "RBI Eases KYC Rules for Low-Risk Customers: Extended Deadline, BC Support, and Mandatory Advance Notices [Read Notification]")
Once AAR Ruling is Upheld by Courts, Dept Cannot Reopen Classification Dispute via Review Petition: Madras HC [Read Order]
In a recent decision, the Madras High Court dismissed review petitions filed by the Commissioner of Customs, ruling that once an Advance Ruling (AAR) has been upheld by courts, the classification...
![Once AAR Ruling is Upheld by Courts, Dept Cannot Reopen Classification Dispute via Review Petition: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043707-aar-ruling-madras-high-court-taxscan.webp "Once AAR Ruling is Upheld by Courts, Dept Cannot Reopen Classification Dispute via Review Petition: Madras HC [Read Order]")
Relief for Sahara Asset: Madras HC Upholds ITAT Order Allowing Mutual Fund Promotion Expenses as Commercially Justified [Read Order]
The High Court of Madras, upheld the ITAT’s order allowing Sahara Asset Management Company Pvt. Ltd. to claim mutual fund promotion and Initial Public Offering (IPO) related expenses as commercially...
![Relief for Sahara Asset: Madras HC Upholds ITAT Order Allowing Mutual Fund Promotion Expenses as Commercially Justified [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043723-2041325-sahara.webp "Relief for Sahara Asset: Madras HC Upholds ITAT Order Allowing Mutual Fund Promotion Expenses as Commercially Justified [Read Order]")