Over 1.23 Lakh Income Tax Returns Processed: Here's When to Expect Your Refund
The Income Tax Department has announced a significant milestone in the ongoing tax season, with over 1.23 lakh Income Tax Returns (ITRs) filed within...
![Delhi HC Rules Seizure of Gold Jewellery and Used iPhone from UAE Resident Qualify as Personal Effects, Directs Their Release [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041543-gold-jewellery-and-used-iphone-seizure.webp "Delhi HC Rules Seizure of Gold Jewellery and Used iPhone from UAE Resident Qualify as Personal Effects, Directs Their Release [Read Order]")
![Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041554-unexplained-cash-deposit-penalty-income-tax-act-taxscan.webp "Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]")
MCA Notifies Revised Forms MGT-7, MGT-7A, and MGT-15 Under Companies Management and Administration Amendment Rules
MCA Notifies Revised Forms MGT-7, MGT-7A, and MGT-15 The Ministry of Corporate Affairs (MCA) issued a critical update via Notification No. G.S.R. 358(E) dated May 30, 2025, marked a huge...
Prima Facie Duplication in GST ITC Demands: Delhi HC Flags Dual Recovery of Reversed and Utilised ITC, Allows Appeal with Limited Pre-Deposit [Read Order]
The Delhi High Court observed that there is a duplication in the demand under Goods and Services Tax ( GST ) Input Tax Credit ( ITC ) on the sweet shop-cum-restaurant. It has directed to approach...
![Prima Facie Duplication in GST ITC Demands: Delhi HC Flags Dual Recovery of Reversed and Utilised ITC, Allows Appeal with Limited Pre-Deposit [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041518-gst-itc-delhi-high-court-duplication-in-gst-itc-demands-taxscan.webp "Prima Facie Duplication in GST ITC Demands: Delhi HC Flags Dual Recovery of Reversed and Utilised ITC, Allows Appeal with Limited Pre-Deposit [Read Order]")
‘Service Tax cannot be levied when there is no flow of Consideration’: CESTAT sets aside Rs. 31.5 lakhs demand on Corporate Guarantee [Read Order]
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that service tax cannot be levied when there is no flow of consideration and set aside Rs. 31.5 lakh demand on...
![‘Service Tax cannot be levied when there is no flow of Consideration’: CESTAT sets aside Rs. 31.5 lakhs demand on Corporate Guarantee [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041520-service-tax-cestat-taxscan.webp "‘Service Tax cannot be levied when there is no flow of Consideration’: CESTAT sets aside Rs. 31.5 lakhs demand on Corporate Guarantee [Read Order]")
Mere suppression of facts would not result in invocation of the extended period of limitation: CESTAT [Read Order]
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that mere suppression of facts would not result in invocation of the extended period of limitation. In...
![Mere suppression of facts would not result in invocation of the extended period of limitation: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041513-cestat-suppression-taxscan.webp "Mere suppression of facts would not result in invocation of the extended period of limitation: CESTAT [Read Order]")
