![Reopening Based on Mere Change of Opinion Invalid: ITAT Quashes ₹4.96 Crore Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Addition-ITAT-Quashes-ITAT-taxscan.jpg "Reopening Based on Mere Change of Opinion Invalid: ITAT Quashes ₹4.96 Crore Income Tax Addition [Read Order]")
Reopening Based on Mere Change of Opinion Invalid: ITAT Quashes ₹4.96 Crore Income Tax Addition [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) quashed the reassessment proceedings, ruling that the reopening of assessment based on a...
![Bombay HC Outlines Steps to Verify If Viacom 18’s Transponder Payments Qualify as ‘Royalty’ Under India-US DTAA and Tax Law [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Payment-for-Administrative-Support-Services-Administrative-Support-Administrative-Support-Services-Technical-Services-India-UK-DTAA-ITAT-taxscan.jpg "Bombay HC Outlines Steps to Verify If Viacom 18’s Transponder Payments Qualify as ‘Royalty’ Under India-US DTAA and Tax Law [Read Order]")
![Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Unexplained-Cash-Deposits-Demonetization-ITAT-Ahmedabad-taxscan.jpg "Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]")
![Bombay HC Quashes Rejection of Excess DDT Refund Under India-Mauritius Treaty, Directs Decision in Eight Weeks [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Dividend-Distribution-Tax-site-img.jpg "Bombay HC Quashes Rejection of Excess DDT Refund Under India-Mauritius Treaty, Directs Decision in Eight Weeks [Read Order]")
Freight and Insurance Income Not Taxable Under Service Tax: CESTAT Quashes ₹26.94 Crore Demand Against BHEL [Read Order]
The Delhi Bench of Customs,Excise and Service Tax Appellate Tribunal(CESTAT)quashed a ₹26.94 crore service tax demand against Bharat Heavy Electricals Ltd. (BHEL) on income from freight and...
![Freight and Insurance Income Not Taxable Under Service Tax: CESTAT Quashes ₹26.94 Crore Demand Against BHEL [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Relief-to-BHEL-CESTAT-Rules-Liquidated-Damages-Not-Liable-to-Service-Tax-TAXSCAN.jpg "Freight and Insurance Income Not Taxable Under Service Tax: CESTAT Quashes ₹26.94 Crore Demand Against BHEL [Read Order]")
No Addition u/s 153A for Completed Assessments without Incriminating Material Found During Search: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) held that additions under Section 153A of the Income Tax Act, 1961 cannot be made in respect of completed assessments unless incriminating...
![No Addition u/s 153A for Completed Assessments without Incriminating Material Found During Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Completed-Assessments-Incriminating-Material-Incriminating-Material-Found-taxscan.jpg "No Addition u/s 153A for Completed Assessments without Incriminating Material Found During Search: ITAT [Read Order]")
Setback to Himalaya Wellness Company: Himachal Pradesh HC Dismisses Challenge to 15 Pages SCN Demanding Inadmissible GST ITC Worth Rs. 4.37 Crores [Read Order]
In a major ruling, the Himachal Pradesh High Court has dismissed the plea by the Himalaya Wellness Company challenging a 15 pages show cause notice (SCN) demanding inadmissible GST Input Tax Credit...
![Setback to Himalaya Wellness Company: Himachal Pradesh HC Dismisses Challenge to 15 Pages SCN Demanding Inadmissible GST ITC Worth Rs. 4.37 Crores [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Setback-to-Himalaya-Wellness-Company-Himalaya-Wellness-Company-Himachal-Pradesh-HC-taxscan.jpg "Setback to Himalaya Wellness Company: Himachal Pradesh HC Dismisses Challenge to 15 Pages SCN Demanding Inadmissible GST ITC Worth Rs. 4.37 Crores [Read Order]")
![ITAT Dismisses Income Tax Appeal After Opting for Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Vivad-Se-Vishwas-Scheme-site-img.jpg "ITAT Dismisses Income Tax Appeal After Opting for Vivad Se Vishwas Scheme [Read Order]")
Priority Claim by Secured Creditors After Relinquishing Security Interest not possible During Distribution of Sale Proceeds of Secured Assets: NCLT [Read Order]
The Cuttack bench of the National Company Law Tribunal (NCLT) dismissed an application filed by the liquidator seeking directions for distribution of the balance sale consideration and for...
![Priority Claim by Secured Creditors After Relinquishing Security Interest not possible During Distribution of Sale Proceeds of Secured Assets: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLT-TAXSCAN.jpg "Priority Claim by Secured Creditors After Relinquishing Security Interest not possible During Distribution of Sale Proceeds of Secured Assets: NCLT [Read Order]")
Capital Gain Exemption Documents Not Submitted During Initial Proceedings but Before Tribunal: ITAT Remands Case for Fresh Assessment [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) recently remanded a case relating to a ₹2.75 crore capital gains exemption claimed where the assessee failed to submit the requisite...
![Capital Gain Exemption Documents Not Submitted During Initial Proceedings but Before Tribunal: ITAT Remands Case for Fresh Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/New-Income-Tax-Bill-Capital-Gain-No-changes-in-capital-gain-Capital-Gains-Tax-Unchanged-TAXSCAN-1.jpg "Capital Gain Exemption Documents Not Submitted During Initial Proceedings but Before Tribunal: ITAT Remands Case for Fresh Assessment [Read Order]")