Actual Loss Must be Proven for Automatic Recovery of Full Amount : Delhi HC [Read Order]
The Delhi High Court ruled that even if the statute contains a Liquidated Damages (LD) clause, it requires proof of actual loss and does not provide...
![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]")
Delhi HC directs to appeal under CGST Act against Allegations of availment of fraudulent ITC [Read Order]
The Delhi High Court has directed the assessee to appeal under Section 107 of the Central Goods and Service Tax Act (CGST) 2017 against allegations of availment of fraudulent Input Tax Credit (ITC). ...
Limitation Applies in Proceedings Under Interest on Delayed Payments to Small Scale & Ancillary Industrial Undertakings Act: Telangana HC [Read Order]
The Telangana High Court have held that the provisions of the Limitation Act, 1963 are applicable to proceedings initiated under the Interest on Delayed Payments to Small Scale and Ancillary...
Finance Ministry Updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance issued Notification No. 38/2025-Customs (N.T.), dated May 30, 2025, revising the tariff value tables for various...
![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...
