Businesses Urge FinMin to Resolve GST ITC issues Citing Cashflow Problems and Investment Slowdown
Businesses across India have urged the Finance Ministry to urgently fix ongoing problems related to Input Tax Credit (ITC) under the Goods and...
![SEBI Extends Deadline for AIF Manager Certification Compliance under Regulation 4(g)(i) [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/SEBI-Deadline-for-AIF-Manager-Certification-AIF-Manager-Certification-taxscan.jpg "SEBI Extends Deadline for AIF Manager Certification Compliance under Regulation 4(g)(i) [Read Circular]")
![Bombay HC Dismisses Writ Petition Against Retrospective Withdrawal of Industrial Park Tax Benefits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Writ-Petition-Madras-High-Court-Delivery-of-Goods-TAXSCAN.jpg "Bombay HC Dismisses Writ Petition Against Retrospective Withdrawal of Industrial Park Tax Benefits [Read Order]")
![Bombay HC Dismisses Revenue’s Appeal, Upholds ITAT Order Quashing ‘Mechanical’ Reassessment Initiated Without AO’s Independent Satisfaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Order-Reassessment-Upholds-ITAT-Order-Quashing-taxscan.jpg "Bombay HC Dismisses Revenue’s Appeal, Upholds ITAT Order Quashing ‘Mechanical’ Reassessment Initiated Without AO’s Independent Satisfaction [Read Order]")
Income Tax Dept. Notifies all 7 ITR Filing Forms for AY 2025-26: Changes to Capital Gains, TDS, Regime and More
The Income Tax Department has officially notified all seven Income Tax Return (ITR) forms for the Assessment Year (AY) 2025-26. Taxpayers are to apprise themselves of a series of newly incorporated...
No Notice u/s 148 Served to BCI Delhi for initiating Proceedings u/s 144: ITAT restores Matter to NFAC [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has remanded the case of the Bar Council of Delhi (BCI Delhi) to the National Faceless Appeal Centre (NFAC) for fresh adjudication, citing...
![No Notice u/s 148 Served to BCI Delhi for initiating Proceedings u/s 144: ITAT restores Matter to NFAC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Notice-Income-Tax-Act-Assessee-shall-be-treated-as-Void-Ab-Initio-Void-Ab-Initio-ITAT-Taxscan.jpg "No Notice u/s 148 Served to BCI Delhi for initiating Proceedings u/s 144: ITAT restores Matter to NFAC [Read Order]")
Magistrate Lacks Authority to Order DRI Revaluation of Seized Goods at Preliminary Stage: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that a Magistrate does not have the authority to direct the Directorate of Revenue Intelligence (DRI) to revalue seized goods during the preliminary...
![Magistrate Lacks Authority to Order DRI Revaluation of Seized Goods at Preliminary Stage: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Delhi-High-court-Delhi-HC-on-DRI-revaluation-TAXSCAN.jpg "Magistrate Lacks Authority to Order DRI Revaluation of Seized Goods at Preliminary Stage: Delhi HC [Read Order]")
Volume-Based Discounts Not Anti-Competitive: Supreme Court in Schott India Case After 11 Years Battle [Read Judgement]
The Supreme Court of India ruled that volume-based discounts offered by dominant enterprises do not, by themselves, constitute abuse of dominance under competition law. Schott Glass India Pvt....
![Volume-Based Discounts Not Anti-Competitive: Supreme Court in Schott India Case After 11 Years Battle [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/05/Schott-India-Case-Supreme-Court-in-Schott-India-Case-Supreme-Court-taxscan.jpg "Volume-Based Discounts Not Anti-Competitive: Supreme Court in Schott India Case After 11 Years Battle [Read Judgement]")
Trademark Ownership Must Be Verified via Registrar, Not Unreliable Websites: CESTAT Confirms Exemption Eligibility for Small Service Provider [Read Order]
The Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) at New Delhi held that trademark ownership must be verified through official registration records maintained by...
![Trademark Ownership Must Be Verified via Registrar, Not Unreliable Websites: CESTAT Confirms Exemption Eligibility for Small Service Provider [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/trademark-site-img.jpg "Trademark Ownership Must Be Verified via Registrar, Not Unreliable Websites: CESTAT Confirms Exemption Eligibility for Small Service Provider [Read Order]")
