Income Tax Bill 2025: CBDT Launches India-wide Training Regime for Revenue Workforce
As the Income Tax Bill 2025 moves closer to becoming law, the Central Board of Direct Taxes (CBDT) has initiated a full-scale national training...
![ITAT Quashes Tax Additions Against Couple, Rules Section 153C Satisfaction Invalid [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Addition-ITAT-Quashes.jpg "ITAT Quashes Tax Additions Against Couple, Rules Section 153C Satisfaction Invalid [Read Order]")
![ITAT Quashes Assessment in Wave Industries Case, Cites Mechanical Approval u/s 153D [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Assessment-ITAT-taxscan.jpg "ITAT Quashes Assessment in Wave Industries Case, Cites Mechanical Approval u/s 153D [Read Order]")
![Default in the appointment of the whole-time company secretary: MCA imposes 8.92 lakhs on Private Limited Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/MCA-imposes-taxscan.jpg "Default in the appointment of the whole-time company secretary: MCA imposes 8.92 lakhs on Private Limited Company [Read Order]")
![ITAT Dismisses Appeals as Withdrawn After Assessee Opts for DTVSV Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Dismisses-Appeals-ITAT-Dismisses-Appeals-as-Withdrawn-taxscan.jpg "ITAT Dismisses Appeals as Withdrawn After Assessee Opts for DTVSV Scheme [Read Order]")
![ITAT Dismisses Awadh Public Schools 9-Year Tax Appeal for Unjustified Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Lucknow-Awadh-Public-School-TAXSCAN.jpeg "ITAT Dismisses Awadh Public Schools 9-Year Tax Appeal for Unjustified Delay [Read Order]")
India records $81.04 Billion Foreign Direct Investment in FY 2024-25: Maharashtra, Karnataka & Delhi Top the List
India has set a new benchmark for itself in foreign investment by recording a provisional Foreign Direct Investment (FDI) inflow of USD 81.04 billion during the financial year 2024-25, according to...
ITAT Deletes Rs.96.62 Lakh Penalty, Rules Section 271(1)(c) Not Applicable on Estimated Additions [Read ORder]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench has deleted a penalty of Rs.96.62 lakh imposed on Delhi-based fabric trader Pawan Kumar Gupta, holding that concealment penalties under Section...
![ITAT Deletes Rs.96.62 Lakh Penalty, Rules Section 271(1)(c) Not Applicable on Estimated Additions [Read ORder]](https://www.taxscan.in/wp-content/uploads/2025/05/AO-incorrectly-already-disallowed-Penalty-ITAT-Penalty-prevent-Double-Addition-taxscan.jpg "ITAT Deletes Rs.96.62 Lakh Penalty, Rules Section 271(1)(c) Not Applicable on Estimated Additions [Read ORder]")
Haryana Prevention of Public Gambling Act, 2025: Sweeping Reforms and Penalties Announced [Read Notification]
The Government of Haryana has officially brought into force the Haryana Prevention of Public Gambling Act, 2025. This new law marks a major shift in how the state regulates gambling, betting, fantasy...
MCA imposes 3 lakhs Penalty on Private Limited Company & Directors for failure to Maintain Registered OfficeÂ
In the adjudication order passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies under Section 454 of the Companies Act, 2013, a total penalty which comes up to Rs. 3 lakhs...
