‘One Nation, One Tax’ a Hollow Slogan: States, Centre responsible for Unfair Alcohol Tax Chaos
The ludicrous disparity in alcohol prices across Indian states has once again exposed the deep hypocrisy behind the oft-touted slogan of "One Nation,...
![Surcharge Applies Only When Income Tax Is Computed on Total Income Exceeding ₹50 Lakhs: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/surcharge-ITAT-TAXSCAN.jpg "Surcharge Applies Only When Income Tax Is Computed on Total Income Exceeding ₹50 Lakhs: ITAT [Read Order]")
![AO has No Jurisdiction to Ignore CIT(A)’s Order even by Relying on Subsequent Supreme Court Decision: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Delhi-high-court-Supreme-Court-Assessing-Officer-cannot-override-CITA-TAXSCAN.webp "AO has No Jurisdiction to Ignore CIT(A)’s Order even by Relying on Subsequent Supreme Court Decision: Delhi HC [Read Order]")
![Relief to EY GDS: ITAT Upholds S. 10AA Deduction, Rules Revised Return Irrelevant as No Changes in Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/EY-GDS-ITAT-Bangalore-Deduction-taxscan.jpg "Relief to EY GDS: ITAT Upholds S. 10AA Deduction, Rules Revised Return Irrelevant as No Changes in Claim [Read Order]")
![CESTAT Rules Customer’s Premises is the ‘Place of Removal’ in FOR Destination Sales Where Seller Bears Transit Risk [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CESTAT-Rules-Customers-Destination-Sales-Where-Seller-Bears-CESTAT-taxscan.jpg "CESTAT Rules Customer’s Premises is the ‘Place of Removal’ in FOR Destination Sales Where Seller Bears Transit Risk [Read Order]")
ITAT Imposes ₹10,000 Cost on Taxpayer for Non-Appearance for Hearing, Remands Gift and Gold Sale Addition Matter to CIT(A) [Read Order]
The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) has remanded the addition of cash received from gift and sale of gold back to the Commissioner of Income Tax ( Appeals ) [ CIT(A) ]...
![ITAT Imposes ₹10,000 Cost on Taxpayer for Non-Appearance for Hearing, Remands Gift and Gold Sale Addition Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Taxpayer-for-Non-Appearance-for-Hearing-Hearing-Remands-Gift-and-Gold-Sale-taxscan.jpg "ITAT Imposes ₹10,000 Cost on Taxpayer for Non-Appearance for Hearing, Remands Gift and Gold Sale Addition Matter to CIT(A) [Read Order]")
Unsubstantiated Foreign Remittances Ineligible for Exemption u/s 10(4): ITAT Partly Upholds Claim of NRI [Read Order]
In a recent decision, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that unsubstantial foreign remittances cannot qualify for exemption under Section 10(4) of the Income Tax...
![Unsubstantiated Foreign Remittances Ineligible for Exemption u/s 10(4): ITAT Partly Upholds Claim of NRI [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAt-ITAT-Ahmedabad-Foreign-remittance-exemption-denied-TAXSCAN.jpg "Unsubstantiated Foreign Remittances Ineligible for Exemption u/s 10(4): ITAT Partly Upholds Claim of NRI [Read Order]")
GST Demand on ITR-26AS, GSTR-2A Mismatches & ITC Reversal on Credit Notes: Madras HC directs to approach Appellate Forum [Read Order]
Regarding the GST (Goods and Services Tax) demand raised due to mismatches in ITR Form 26AS, discrepancies in Input Tax Credit (ITC) reflected in GST Returns 2A (GSTR-2A), and ITC reversals stemming...
![GST Demand on ITR-26AS, GSTR-2A Mismatches & ITC Reversal on Credit Notes: Madras HC directs to approach Appellate Forum [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/GST-Demand-Non-Taxable-Receipts-Madras-HC-petition-Availability-statutory-remedy-taxscan.jpg "GST Demand on ITR-26AS, GSTR-2A Mismatches & ITC Reversal on Credit Notes: Madras HC directs to approach Appellate Forum [Read Order]")
Clean Slate Doctrine Under IBC Prevents Income Tax Dept from Reopening Assessments Excluded from Approved RP: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that the Income Tax Department cannot raise claims that were not part of an approved resolution plan under the Insolvency and Bankruptcy Code (IBC),...
![Clean Slate Doctrine Under IBC Prevents Income Tax Dept from Reopening Assessments Excluded from Approved RP: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Clean-Slate-Doctrine-Under-IBC-IBC-Income-Tax-Depatment-Income-Tax-taxscan.jpg "Clean Slate Doctrine Under IBC Prevents Income Tax Dept from Reopening Assessments Excluded from Approved RP: Delhi HC [Read Order]")
ICAI Invites Candidate Feedback on May 2025 CA Final, Intermediate, Foundation & INTT-AT Exam Papers
The Institute of Chartered Accountants of India ( ICAI ) has invited candidates to submit their observations on the question papers of the CA Final, Intermediate, Foundation, and Post Qualification...
Limitation Period Begins from Date of Document Transfer from AO of Searched Person to AO of Other Person u/s 153C: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that the limitation period for completing assessments under Section 153C of the Income Tax Act begins from the date when documents are transferred from...
![Limitation Period Begins from Date of Document Transfer from AO of Searched Person to AO of Other Person u/s 153C: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Limitation-Period-Document-Transfer-from-AO-Delhi-HC-taxscan.jpg "Limitation Period Begins from Date of Document Transfer from AO of Searched Person to AO of Other Person u/s 153C: Delhi HC [Read Order]")
Patna HC Upholds Order passed u/r 86 -A (1) of CGST Rules Citing Valid reason for Blocking ITC [Read Order]
The Patna High Court upheld the order passed under rule 86-A (1) of the Central Goods and Service Tax Rules (CGST) as there was valid reason for blocking Input Tax Credit (ITC). Graphic Trades,...
![Patna HC Upholds Order passed u/r 86 -A (1) of CGST Rules Citing Valid reason for Blocking ITC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Patna-HC-Patna-HC-Upholds-Section-86-A-1-of-CGST-Rules-CGST-Rules-taxscan.jpg "Patna HC Upholds Order passed u/r 86 -A (1) of CGST Rules Citing Valid reason for Blocking ITC [Read Order]")