![Amendment on Application u/s 7 of IBC Not Allowable If It Amounts to Withdrawal of an Admission: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT.jpg "Amendment on Application u/s 7 of IBC Not Allowable If It Amounts to Withdrawal of an Admission: NCLAT [Read Order]")
Amendment on Application u/s 7 of IBC Not Allowable If It Amounts to Withdrawal of an Admission: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Chennai Bench held that amendments to an application under section 7 of the Insolvency...
![Gauhati HC Sets aside ITAT Order passed Ignoring Provisions of S. 292B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-act-site-img.jpg "Gauhati HC Sets aside ITAT Order passed Ignoring Provisions of S. 292B of Income Tax Act [Read Order]")
![Relief for Importer: CESTAT Caps Redemption Fine at 10% and Penalty at 5% of Re-Determined Value [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/penalty-CESTAT-taxscan.jpg "Relief for Importer: CESTAT Caps Redemption Fine at 10% and Penalty at 5% of Re-Determined Value [Read Order]")
![Andhra Pradesh HC Allows ITC Availment to Pepsi Manufacturers on Refrigerators, Coolers, Freezers [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/pepsi-manufacturers.jpg "Andhra Pradesh HC Allows ITC Availment to Pepsi Manufacturers on Refrigerators, Coolers, Freezers [Read Order]")
![Relief to Jindal Saw, Income Tax not Applicable on Incentives Received as Excise Duty Refund, Sales Tax Remission, Sales/VAT Input Tax Refund: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Relief-to-Jindal-Saw-Income-Tax-Applicable-Incentives-Received-Excise-Duty-Refund-Sales-Tax-Remission-Sales-VAT-Input-Tax-Refund-ITAT-TAXSCAN.jpg "Relief to Jindal Saw, Income Tax not Applicable on Incentives Received as Excise Duty Refund, Sales Tax Remission, Sales/VAT Input Tax Refund: ITAT [Read Order]")
Assessee Ineligible for Deduction under Section 54B in lieu of land purchases in Wife’s name: ITAT [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal ( ITAT ) held that the assessee was ineligible for deduction under Section 54B of the Income Tax Act, 1961 in lieu of land purchases in the...
![Assessee Ineligible for Deduction under Section 54B in lieu of land purchases in Wife’s name: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/land-purchase-in-Wifes-name.jpg "Assessee Ineligible for Deduction under Section 54B in lieu of land purchases in Wife’s name: ITAT [Read Order]")
Challans Lost Due to Storage Issues: CESTAT Finds Service Tax Paid under Wrong Head, Declares No Shortfall [Read Order]
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that Bhogjora Enterprise had fully discharged its service tax liability, finding that a portion of the tax...
![Challans Lost Due to Storage Issues: CESTAT Finds Service Tax Paid under Wrong Head, Declares No Shortfall [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Service-Tax-CESTAT-TAXSCAN.jpg "Challans Lost Due to Storage Issues: CESTAT Finds Service Tax Paid under Wrong Head, Declares No Shortfall [Read Order]")
Loans and Interest Payment Accepted in Past Years Cannot Be Disputed Without Fresh Grounds: ITAT Deletes Additions [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) held that interest paid on a loan cannot be disallowed merely based on suspicion. The tribunal found the addition unjustified since the...
![Loans and Interest Payment Accepted in Past Years Cannot Be Disputed Without Fresh Grounds: ITAT Deletes Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/loans-and-interest-payment.jpg "Loans and Interest Payment Accepted in Past Years Cannot Be Disputed Without Fresh Grounds: ITAT Deletes Additions [Read Order]")
CBIC Imposes 5-Year Anti-Dumping Duty on Textured Tempered Glass Imports from China and Vietnam [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has imposed a definitive anti-dumping duty for a period of five years on the imports of Textured Tempered Coated and Uncoated Glass originating...
![CBIC Imposes 5-Year Anti-Dumping Duty on Textured Tempered Glass Imports from China and Vietnam [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/Tempered-Glass-site-img.jpg "CBIC Imposes 5-Year Anti-Dumping Duty on Textured Tempered Glass Imports from China and Vietnam [Read Notification]")
ITAT Remands Case for Fresh Hearing Despite Assessee Fails to Respond to Notices Four Times, w/o any Reasons [Read Order]
In a recent ruling, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) granted the assessee one more opportunity to be heard, despite the assessee having ignored notices from the...
![ITAT Remands Case for Fresh Hearing Despite Assessee Fails to Respond to Notices Four Times, w/o any Reasons [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-fresh-hearing.webp "ITAT Remands Case for Fresh Hearing Despite Assessee Fails to Respond to Notices Four Times, w/o any Reasons [Read Order]")
![CBIC exempts Basic Customs Duty on Works of art and Antiques [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/art-and-Antiques-.jpg "CBIC exempts Basic Customs Duty on Works of art and Antiques [Read Notification]")