No Requirement to Explain Source of Unsecured Loan in Books of Account Prior To April 1, 2023 u/s 68: Delhi HC [Read Order]
The Delhi High Court has clarified that the requirement to prove the "source of the source" under Section 68 of the Income Tax Act, 1961, in respect...
![Non-service of notice against Wrongful Availment of ITC Not raised in time of hearing : Delhi HC Directs Petitioner to File Appeal Under CGST Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/itc-1-2.jpg "Non-service of notice against Wrongful Availment of ITC Not raised in time of hearing : Delhi HC Directs Petitioner to File Appeal Under CGST Act [Read Order]")
![Finance Ministry Updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/Finance-Ministry-Revised-Customs-Tariff-Values-Customs-Tariff-Values-for-Palm-Oil-TAXSCAN.jpg "Finance Ministry Updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]")
Charges Received by Amazon Web Services for Cloud Computing not Taxable as ‘Equipment Royalty’ under India-US DTAA: Delhi HC [Read Order]
The Delhi High Court held that payments received by Amazon Web Services Inc. (AWS) from Indian customers for cloud computing services are not taxable as "equipment royalty" under Article 12(3) of the...
Income Tax Notice Dispatch Date Prevails Over Digital Signature Date: Delhi HC upholds Notice issued on Basis of SC Judgment [Read Order]
In a recent ruling, the Delhi High Court has held that the date of dispatch of an income tax notice is determinative, not the date of its digital signature. The bench upheld the notice issued on the...
![Income Tax Notice Dispatch Date Prevails Over Digital Signature Date: Delhi HC upholds Notice issued on Basis of SC Judgment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Notice-delhi-high-court-taxscan.jpg "Income Tax Notice Dispatch Date Prevails Over Digital Signature Date: Delhi HC upholds Notice issued on Basis of SC Judgment [Read Order]")
SEBI Introduces New Risk Management and Surveillance Measures to Strengthen Equity Derivatives Market [Read Circular]
The Securities and Exchange Board of India (SEBI) issued a Circular dated May 29, 2025, introducing a comprehensive set of reforms aimed at enhancing risk management and surveillance in the equity...
No Consistency in Practice followed by GST Department: Delhi HC directs Revising Present Protocol or Prepare Fresh SOP Including Key 3 Issues [Read Order]
The Delhi High Court has expressed concern over the inconsistent procedural practices being followed by the Goods and Services Tax ( GST ) Department and directed to revise the present protocol...
![No Consistency in Practice followed by GST Department: Delhi HC directs Revising Present Protocol or Prepare Fresh SOP Including Key 3 Issues [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/GST-Department-Delhi-HC-taxscan.jpg "No Consistency in Practice followed by GST Department: Delhi HC directs Revising Present Protocol or Prepare Fresh SOP Including Key 3 Issues [Read Order]")
CBDT Includes Sikkim u/s 80-IE Income Tax Deduction Benefits for North-Eastern States [Read Notification]
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance issued Notification No. G.S.R. 352(E) dated 29 May 2025, officially expanding the scope of Section 80-IE of the Income Tax Act...
![CBDT Includes Sikkim u/s 80-IE Income Tax Deduction Benefits for North-Eastern States [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/CBDT-Mutual-Funds-Self-Reporting-Organizations-SROs-TAXSCAN.jpg "CBDT Includes Sikkim u/s 80-IE Income Tax Deduction Benefits for North-Eastern States [Read Notification]")
Consumer Affairs, MHA & DoT Notify Guidelines on Sale of Illegal Radio Equipment, Walkie Talkies on E-Commerce Platforms
The Ministry of Consumer Affairs, in collaboration with the Ministry of Home Affairs (MHA) and the Department of Telecommunications (DoT) has formally notified the ‘Guidelines for the Prevention and...
