Technical Challenges: GSTN defers Invoice-wise Reporting in GSTR-7, releases Advisory
In a recent development, the Goods and Services Tax Network (GSTN) has issued an official advisory announcing the deferment of invoice-wise reporting...
![Relief to Airtel, Charges Paid for Bandwidth to Overseas Telecom Operators Do Not Amount to Royalty under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/airtel-delhi-high-court-taxscan.jpg "Relief to Airtel, Charges Paid for Bandwidth to Overseas Telecom Operators Do Not Amount to Royalty under Income Tax Act: Delhi HC [Read Order]")
![Monetary Limits for Filing Income Tax Appeals before HC Enhanced to Rs. 2 Crores: Chhattisgarh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Monetary-limits-tax-TAXSCAN.jpg "Monetary Limits for Filing Income Tax Appeals before HC Enhanced to Rs. 2 Crores: Chhattisgarh HC [Read Order]")
![Penalty under Income Tax not Imposable for Cash Repayment of Loan on Lender’s Instruction to Curb Interest Escalation: Chhattisgarh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Act-Cash-Transaction-Overview-of-Cash-Transaction-tax-evasion-non-cash-payments-reduce-tax-evasion-Cash-Transaction-Provisions-taxscan.jpg "Penalty under Income Tax not Imposable for Cash Repayment of Loan on Lender’s Instruction to Curb Interest Escalation: Chhattisgarh HC [Read Order]")
No Central Proceedings Initiated When State Issued Assessment Order: Patna HC Finds No Procedural Error [Read Order]
In a recent judgment, the Patna High Court upheld a GST assessment order issued by the State Tax Authority, ruling that no procedural or jurisdictional error occurred as no proceedings had been...
![No Central Proceedings Initiated When State Issued Assessment Order: Patna HC Finds No Procedural Error [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Patna-High-Court-Assessment-Order-Patna-HC-GST-assessment-ruling-TAXSCAN.webp "No Central Proceedings Initiated When State Issued Assessment Order: Patna HC Finds No Procedural Error [Read Order]")
GST Demand of Rs.1.5 crores: Delhi HC directs to Consider Requests to Adjourn hearing Considering medical condition [Read Order]
The Delhi High Court held that the act of the proper officer in confirming demand of Rs. 1.5 crores GST on the ground of absence of the assessee in the hearing is not valid, and the bench directed...
![GST Demand of Rs.1.5 crores: Delhi HC directs to Consider Requests to Adjourn hearing Considering medical condition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/GST-Demand-delhi-HC-taxscan.jpg "GST Demand of Rs.1.5 crores: Delhi HC directs to Consider Requests to Adjourn hearing Considering medical condition [Read Order]")
GSTAT Technical Member Qualification Row: Himachal Pradesh HC Dismisses Ex-IAS Officer’s Plea against Relaxation of Eligibility Criteria [Read Order]
The Himachal Pradesh High Court recently dismissed a petition filed by a retired officer of the Indian Administrative Service (IAS), while upholding the validity of two state notifications that...
![GSTAT Technical Member Qualification Row: Himachal Pradesh HC Dismisses Ex-IAS Officer’s Plea against Relaxation of Eligibility Criteria [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/GSTAT-Technical-Member-Qualification-Row-Himachal-Pradesh-High-Court-TAXSCAN.jpg "GSTAT Technical Member Qualification Row: Himachal Pradesh HC Dismisses Ex-IAS Officer’s Plea against Relaxation of Eligibility Criteria [Read Order]")
Govt Brings PSS Act Amendments into Force, Empowers RBI as Central Payments Regulator [Read Notification]
The Ministry of Finance (Department of Financial Services) issued Notification No. S.O. 2031(E) dated 6th May 2025, announcing 9th May 2025 as the date from which Sections 152 and 153 of the Finance...
![Govt Brings PSS Act Amendments into Force, Empowers RBI as Central Payments Regulator [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/Govt-PSS-Act-Amendments-Force-Empowers-RBI-Central-Payments-Regulator-taxscan.jpg "Govt Brings PSS Act Amendments into Force, Empowers RBI as Central Payments Regulator [Read Notification]")
ITAT Upholds CIT(A)’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of Defect [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [CIT(A)]’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of...
![ITAT Upholds CIT(A)’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of Defect [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CNC-Lathe.jpg "ITAT Upholds CIT(A)’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of Defect [Read Order]")
Customs Broker Fails to Verify Importer’s Credentials u/r 10(n) of CBLR: CESTAT Upholds Forfeiture of Security Deposit [Read Order]
The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that failure to verify the importer’s credentials as mandated under Regulation 10(n) of the Customs Brokers...
![Customs Broker Fails to Verify Importer’s Credentials u/r 10(n) of CBLR: CESTAT Upholds Forfeiture of Security Deposit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Customs-broker-penalty.jpg "Customs Broker Fails to Verify Importer’s Credentials u/r 10(n) of CBLR: CESTAT Upholds Forfeiture of Security Deposit [Read Order]")
Delay in filing Form 67 Shall not be Considered as Ground for Denying Foreign Tax Credit claim: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has ruled that delay in filing Form 67 cannot be taken as a valid ground for denying a taxpayer’s Foreign Tax Credit ( FTC ) claim. It stated...
![Delay in filing Form 67 Shall not be Considered as Ground for Denying Foreign Tax Credit claim: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Form-67-Delay-in-filing-Form-67-Ground-for-Denying-Foreign-Tax-Credit-claim-taxscan.jpg "Delay in filing Form 67 Shall not be Considered as Ground for Denying Foreign Tax Credit claim: ITAT [Read Order]")