![Calcutta HC Condones 180 days Delay in Filing Excise Appeal, restores matter back to CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/14/500x300_2076581-excise-appeal-taxscan.webp "Calcutta HC Condones 180 days Delay in Filing Excise Appeal, restores matter back to CESTAT [Read Order]")
Calcutta HC Condones 180 days Delay in Filing Excise Appeal, restores matter back to CESTAT [Read Order]
The Calcutta High Court condoned the 180-day delay in filing the excise appeal and restored the matter back to the Customs, Excise and Service Tax...
![ITAT Deletes Unexplained Cash Credit Addition of ₹2.85 Lakh u/s 68 Due to Lack of AO Verification of Broker Documents [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076427-itat-itat-deletes-unexplained-cash-credit-unexplained-cash-credit-taxscan.webp "ITAT Deletes Unexplained Cash Credit Addition of ₹2.85 Lakh u/s 68 Due to Lack of AO Verification of Broker Documents [Read Order]")
![Partnership Firm Losses Cannot be Added Back in Book Profit Calculation u/s 115JB:ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076409-partnership-firm-added-back-book-profit-itat-taxscan.webp "Partnership Firm Losses Cannot be Added Back in Book Profit Calculation u/s 115JB:ITAT [Read Order]")
![Assessments u/s 153C Quashed: ITAT Rules Notices for AY 2008-09 to 2012-13 Invalid Due to Limitation and Lack of Valid Satisfaction [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076390-2044201-mechanical-itat-assessment-application-of-mind-taxscan.webp "Assessments u/s 153C Quashed: ITAT Rules Notices for AY 2008-09 to 2012-13 Invalid Due to Limitation and Lack of Valid Satisfaction [Read Order]")
![Disallowance of Delayed Employee ESI and PF Contributions: ITAT Condones Delay and Remits Matter to AO for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076399-pf-esi-contribution-taxscan.webp "Disallowance of Delayed Employee ESI and PF Contributions: ITAT Condones Delay and Remits Matter to AO for Verification [Read Order]")
Erroneous Double Addition of ₹13.32 Lakh in Income Computation: ITAT Directs AO to Correct and Recompute Taxable Income [Read Order]
The Rajkot Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer (AO) to correct the erroneous double addition of ₹13.32 lakh in the assessee’s income computation and ...
![Erroneous Double Addition of ₹13.32 Lakh in Income Computation: ITAT Directs AO to Correct and Recompute Taxable Income [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076398-tat-itat-rajkot-income-computation-error-cita-ao-taxscan.webp "Erroneous Double Addition of ₹13.32 Lakh in Income Computation: ITAT Directs AO to Correct and Recompute Taxable Income [Read Order]")
GST Rate Cut Benefits Not Passed On: GSTAT Orders Subway Franchisee to Pay Profiteered ₹5.45 Lakh to Consumer Welfare Fund [Read Order]
The Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT), New Delhi recently upheld the findings of the Director General of Anti-Profiteering (DGAP) against M/s Urban Essence...
![GST Rate Cut Benefits Not Passed On: GSTAT Orders Subway Franchisee to Pay Profiteered ₹5.45 Lakh to Consumer Welfare Fund [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076464-welfare-fund-gst-rate-gstat-orders-gst-rate-taxscan.webp "GST Rate Cut Benefits Not Passed On: GSTAT Orders Subway Franchisee to Pay Profiteered ₹5.45 Lakh to Consumer Welfare Fund [Read Order]")
RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]
The Reserve Bank of India (RBI), through its Notification No. RBI/2025-26/73; CO.DPSS.RLPD.No.S536/04-07-001/2025-2026 dated August 13, 2025, has announced a major reform to the Cheque Truncation...
![RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076522-rbi-rbi-to-introduce-continuous-cheque-taxscan.webp "RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]")
‘Not a Frequent Visitor to GST Portal’: Delhi HC Imposes ₹50K Cost for Skipping Hearings in Fraudulent ITC Availment Case [Read Order]
In a recent decision, the Delhi High Court dismissed a writ petition filed by Ganpati Polymers, imposing costs of Rs. 50,000 for failing to attend personal hearings despite notices being uploaded ...
![‘Not a Frequent Visitor to GST Portal’: Delhi HC Imposes ₹50K Cost for Skipping Hearings in Fraudulent ITC Availment Case [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076518-frequent-visitor-to-gst-portal-gst-portal-delhi-hc-taxscan.webp "‘Not a Frequent Visitor to GST Portal’: Delhi HC Imposes ₹50K Cost for Skipping Hearings in Fraudulent ITC Availment Case [Read Order]")
IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]
The government has introduced a major reform to India’s insolvency framework with the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. Presented in the Lok Sabha by Finance Minister Nirmala...
![IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076512-creditor-power-ibc-amendment-bill-2025-taxscan.webp "IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]")
Relief to JSW Steel: CESTAT allows Refund of CVD and SAD paid post July 2017 u/s 142(3) of CGST Act [Read Order]
The Mumbai Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT ) granted relief to JSW Steel by permitting the refund of Countervailing Duty (CVD) and Special Additional Duty (SAD )...
![Relief to JSW Steel: CESTAT allows Refund of CVD and SAD paid post July 2017 u/s 142(3) of CGST Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076391-jsw-steels-taxscan.webp "Relief to JSW Steel: CESTAT allows Refund of CVD and SAD paid post July 2017 u/s 142(3) of CGST Act [Read Order]")