RBI Monetary Policy Committee Reduces Policy Repo Rate by 50 bps to 5.50 Percent
The Reserve Bank ofIndia’s Monetary Policy Committee (MPC) concluded its 55th meeting following sessions that lasted three days from June 4 to June...
![Mere suppression of facts would not result in invocation of the extended period of limitation: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041513-cestat-suppression-taxscan.webp "Mere suppression of facts would not result in invocation of the extended period of limitation: CESTAT [Read Order]")
![CESTAT Holds No Service Tax on Foreign Bank Charges for Export Remittances; Follows Precedents in Appellant’s Cases [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041515-no-service-tax-foreign-bank-charges-cestat-taxscan.webp "CESTAT Holds No Service Tax on Foreign Bank Charges for Export Remittances; Follows Precedents in Appellant’s Cases [Read Order]")
![SEBI Issues Revised Investor Charter for Research Analysts [ Read Circular]](https://images.taxscan.in/h-upload/2025/06/03/500x300_2041142-sebi-sebi-issues-research-analysts-taxscan.webp "SEBI Issues Revised Investor Charter for Research Analysts [ Read Circular]")
ITAT Dismisses Revenue's Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by the Income Tax Department against AVR Storage Tank Terminals Pvt. Ltd. in a matter concerning...
![ITAT Dismisses Revenues Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/500x300_2041137-itat-itat-dismisses-revenues-challenge-revenues-challenge-taxscan.webp "ITAT Dismisses Revenues Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]")
![Madras HC Grants Interim Stay on Recovery Over Non-Recognition of TR 6 Challan for IGST Payment [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/500x300_2041282-igst-tr-6-challan-madras-high-court-taxscan.webp "Madras HC Grants Interim Stay on Recovery Over Non-Recognition of TR 6 Challan for IGST Payment [Read Order]")
Disallowance of Exempt Allowances Due to Form 16 and Form 26AS Mismatch: ITAT Remits Matter to AO for Verification [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal( ITAT)remitted the matter back to the Jurisdictional Assessing Officer (JAO) for verification in a case involving disallowance of exempt allowances ...
![Disallowance of Exempt Allowances Due to Form 16 and Form 26AS Mismatch: ITAT Remits Matter to AO for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041495-disallowance1.webp "Disallowance of Exempt Allowances Due to Form 16 and Form 26AS Mismatch: ITAT Remits Matter to AO for Verification [Read Order]")
Unexplained Cash Deposit During Demonetization Added u/s 69A: ITAT Sets Aside CIT(A) Ex-Parte Order [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) set aside the ex-parte order passed by the Commissioner of Income Tax(Appeals)[CIT(A)] concerning the addition of Rs. 12,48,000 as ...
![Unexplained Cash Deposit During Demonetization Added u/s 69A: ITAT Sets Aside CIT(A) Ex-Parte Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041493-unexplained-cash-.webp "Unexplained Cash Deposit During Demonetization Added u/s 69A: ITAT Sets Aside CIT(A) Ex-Parte Order [Read Order]")
Income Tax Notices Sent to Spam Folder in E-Mail, Not Replied: ITAT Sets Aside Ex-Parte Order citing Violation of Natural Justice
The Chennai Bench of Income Tax Appellate Tribunal( ITAT)set aside the ex parte order passed by the Commissioner of Income Tax(Appeals)[CIT(A)] for Assessment Year 2017-18 after the assessee failed...
