![Trust amounts to Association of Person u/s 40(b) of Income Tax Act: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/trust-site-img-1.jpg "Trust amounts to Association of Person u/s 40(b) of Income Tax Act: Bombay HC [Read Order]")
Trust amounts to Association of Person u/s 40(b) of Income Tax Act: Bombay HC [Read Order]
The Bombay High Court ruled that the appellant trust qualified as an association of persons under Section 40(b) of the Income Tax Act, 1961, and...
![Service Tax Not Leviable on Income from Mall Management Prior to 01.05.2006: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Service-Tax-CESTAT-Income-from-Mall-Management-taxscan.jpg "Service Tax Not Leviable on Income from Mall Management Prior to 01.05.2006: CESTAT [Read Order]")
![Stamping of Invoices Does Not Imply Acceptance of Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/GST-Portal-releases-Detailed-Advisory-GST-Portal-Detailed-Advisory-GST-Time-Limit-of-Reporting-Invoices-on-IRP-Portal-Invoices-on-IRP-Portal-taxscan.jpg "Stamping of Invoices Does Not Imply Acceptance of Debt: NCLAT [Read Order]")
![Kannur Taxpayers Appeal Rejected by ITAT Over Procedural Delay of Nearly 5 Months [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Cochin-Kannur-taxpayer-appeal-rejected-TAXSCAN.webp "Kannur Taxpayers Appeal Rejected by ITAT Over Procedural Delay of Nearly 5 Months [Read Order]")
GST Fraud: Allahabad HC Grants Bail to Accused in ₹31.18 Crore Fake ITC Scam involving 17 Shell Companies [Read Order]
The Allahabad High Court has granted bail to the accused in a ₹31.18 crore Goods and Services Tax ( GST ) fake Input Tax Credit ( ITC ) scam involving 17 shell companies, noting that the trial is yet...
![GST Fraud: Allahabad HC Grants Bail to Accused in ₹31.18 Crore Fake ITC Scam involving 17 Shell Companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Allahabad-High-Court-Bail-in-GST-Fraud-case-Fake-ITC-Scam-TAXSCAN.jpg "GST Fraud: Allahabad HC Grants Bail to Accused in ₹31.18 Crore Fake ITC Scam involving 17 Shell Companies [Read Order]")
![ITAT Quashes Tax Assessment Against Non-Existent Entity, Cites Invalid Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Cites-Invalid-Jurisdiction-ITAT-Quashes-Tax-Assessment-taxscan.jpg "ITAT Quashes Tax Assessment Against Non-Existent Entity, Cites Invalid Jurisdiction [Read Order]")
VAT Liability Not Disallowable u/s 43B If Not Claimed As Deduction In Profit & Loss Account: ITAT [Read Order]
In a significant ruling, the Raipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that unpaid VAT liability cannot be disallowed under Section 43B of the Income Tax Act, 1961 if it has...
![VAT Liability Not Disallowable u/s 43B If Not Claimed As Deduction In Profit & Loss Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/VAT-Liability-VAT-Liability-Not-Disallowable-Deduction-In-Profit-Loss-Account-taxscan.jpg "VAT Liability Not Disallowable u/s 43B If Not Claimed As Deduction In Profit & Loss Account: ITAT [Read Order]")
Reassessment Without Proper Consideration of Evidence: ITAT Restores Rs.15.88 Lakh Addition for Fresh Verification [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored a reassessment case to the Assessing Officer (AO) observing that the AO failed to properly consider the documentary evidence...
![Reassessment Without Proper Consideration of Evidence: ITAT Restores Rs.15.88 Lakh Addition for Fresh Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/reassessment-site-img-1.jpg "Reassessment Without Proper Consideration of Evidence: ITAT Restores Rs.15.88 Lakh Addition for Fresh Verification [Read Order]")