![CVD Exemption Benefit Can Be Claimed Later Even If Not Initially Invoked: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CVD-Exemption-CVD-Exemption-Benefit-Initially-Invoked-taxscan.jpg "CVD Exemption Benefit Can Be Claimed Later Even If Not Initially Invoked: CESTAT [Read Order]")
CVD Exemption Benefit Can Be Claimed Later Even If Not Initially Invoked: CESTAT [Read Order]
The Chandigarh Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that Countervailing Duty (CVD) exemption benefits under...
![CESTAT Allows CENVAT Credit on Job Work Capital Goods as Duty Was Paid by Principal Manufacturer on Final Products [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CESTAT-Allahabad-CENVAT-Credit-Capital-Goods-as-Duty-Was-Paid-taxscan.jpg "CESTAT Allows CENVAT Credit on Job Work Capital Goods as Duty Was Paid by Principal Manufacturer on Final Products [Read Order]")
![CESTAT Finds No Actual Transfer of EOU Machinery, Reduces ₹9.04 Lakh Duty Demand to ₹3.98 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CESTAT-Duty-Demand-EOU-Taxscan.jpg "CESTAT Finds No Actual Transfer of EOU Machinery, Reduces ₹9.04 Lakh Duty Demand to ₹3.98 Lakh [Read Order]")
![Mere Change of Opinion not Necessary Ingredient For Reassessment: ITAT quashes Reassessment on Software License Fee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Software-License-ITAT-Quashes-Reassessment-taxscan.jpg "Mere Change of Opinion not Necessary Ingredient For Reassessment: ITAT quashes Reassessment on Software License Fee [Read Order]")
Non-Mention of Rule 46A Not Ground to Reject additional evidence: ITAT Remands Rs. 23.08 Cash Deposit Matter for fresh adjudication [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving an addition of Rs. 23.08 lakh for unexplained cash deposits and held that the Commissioner of Income Tax...
![Non-Mention of Rule 46A Not Ground to Reject additional evidence: ITAT Remands Rs. 23.08 Cash Deposit Matter for fresh adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposit-Sources-Income-Tax-Act-ITAT.jpeg "Non-Mention of Rule 46A Not Ground to Reject additional evidence: ITAT Remands Rs. 23.08 Cash Deposit Matter for fresh adjudication [Read Order]")
Non-Compliance to SCN for Cash Deposits of Rs. 6.16 Cr: ITAT Remands for Fresh Adjudication of Co-Operative Society with 5k Costs [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving unexplained cash deposits of Rs. 6.16 crore to the Assessing Officer (AO) for fresh adjudication, citing...
![Non-Compliance to SCN for Cash Deposits of Rs. 6.16 Cr: ITAT Remands for Fresh Adjudication of Co-Operative Society with 5k Costs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cooperative-society-ITAT-Taxscan.jpg "Non-Compliance to SCN for Cash Deposits of Rs. 6.16 Cr: ITAT Remands for Fresh Adjudication of Co-Operative Society with 5k Costs [Read Order]")
ICSI Announces Post-Membership Qualification Course on Internal Audit: 20 CPE Credits & Diploma Certificate Assured! Register Now!
The Institute of Company Secretaries of India (ICSI) has opened online admissions for its latest Post Membership Qualification (PMQ) Course on Internal Audit. The course, intended exclusively for...
RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]
The Reserve Bank of India (RBI), through its notification dated May 23, 2025 (A.P. (DIR Series) Circular No. 06), issued important guidelines for reporting the issuance of partly paid units by...
![RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/Reserve-Bank-India-Taxscan.jpg "RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]")
SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]
The Securities and Exchange Board of India ( SEBI ) issued a circular on May 23, 2025, explaining the need for accessibility in digital Know Your Customer ( KYC ) processes for persons with...
![SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/SEBI-Digital-KYC-Supreme-Court-Directive-taxscan.jpg "SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]")
Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi has ruled that the appellant's failure to file the first appeal against the order dated 10.04.2023, which dismissed the first...
![Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-Section-7-of-IBC-NCLAT-on-Alteration-of-Default-Date-TAXSCAN.jpg "Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]")
Resolution Professional can only File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi ruled that, in accordance with Section 43 of the Insolvency and Bankruptcy Code, 2016 (Code), only the Resolution Professional may...
![Resolution Professional can only File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/IBC-professional-Taxscan.jpg "Resolution Professional can only File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]")