How to Save Tax Legally in India: 10 Smart Tips you Must Know
The Indian Income Tax Act offers several provisions that allow taxpayers to reduce their taxable income through deductions and exemptions. By...
![Waiver u/s 244(1)(b) of the Companies Act for Oppression and Mismanagement Petition: NCLAT Dismisses Appeal, Upholds NCLTs Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-NCLAT-Delhi-Section-2441b-Companies-Act-TAXSCAN.jpg "Waiver u/s 244(1)(b) of the Companies Act for Oppression and Mismanagement Petition: NCLAT Dismisses Appeal, Upholds NCLTs Decision [Read Order]")
![Delhi HC Upholds RPM for Distributor Reselling Unmodified Goods without Value Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Delhi-High-Court-Resale-Price-Method-India-RPM-transfer-pricing-case-TAXSCAN.jpeg "Delhi HC Upholds RPM for Distributor Reselling Unmodified Goods without Value Addition [Read Order]")
![CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CoC-Abstention-Voting-Resolution-Plan-Leads-Liquidation-NCLAT-NCLTs-Decision-taxscan.jpg "CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]")
![Relief for Vivo: CESTAT Orders Refund of Excess CVD, Rejects Consumer Welfare Fund Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Relief-for-Vivo-CESTAT-Refund-Excess-CVD-Consumer-Welfare-Fund-Claim-taxscan.jpg "Relief for Vivo: CESTAT Orders Refund of Excess CVD, Rejects Consumer Welfare Fund Claim [Read Order]")
Karnataka HC Holds ₹25 Crore Stamp Duty Cap Excludes 10% Cess as S.3B of Karnataka Stamp Act Functions Independently [Read Order]
The Karnataka High Court,upheld the validity of an additional ₹2.5 crore stamp duty charged as 10% cess under Section 3B of the Karnataka Stamp Act,1957 ruling that the ₹25 crore cap under Article...
![Karnataka HC Holds ₹25 Crore Stamp Duty Cap Excludes 10% Cess as S.3B of Karnataka Stamp Act Functions Independently [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Karnataka-HC-Stamp-Duty-Cap-Cess-Karnataka-Stamp-Act-Independently-taxscan.webp "Karnataka HC Holds ₹25 Crore Stamp Duty Cap Excludes 10% Cess as S.3B of Karnataka Stamp Act Functions Independently [Read Order]")
‘Clear-Cut Case of Concealment’: ITAT Upholds Penalty Under Section 271(1)(c) for Rs 2.65 Crore Bogus Share Capital [Reaed Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld a penalty of Rs. 95,10,463 imposed under Section 271(1)(c) of the Income Tax Act, 1961, on the assessee, UGS Finance Pvt. Ltd....
![‘Clear-Cut Case of Concealment’: ITAT Upholds Penalty Under Section 271(1)(c) for Rs 2.65 Crore Bogus Share Capital [Reaed Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Clear-Cut-Case-Concealment-ITAT-Penalty-Under-Bogus-Share-Capital-TAXSCAN.jpg "‘Clear-Cut Case of Concealment’: ITAT Upholds Penalty Under Section 271(1)(c) for Rs 2.65 Crore Bogus Share Capital [Reaed Order]")
Relief to Oriental Insurance: ITAT Upholds Deletion of Rs. 21.36 Crore Disallowance u/s 14A [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of Rs. 21.36 crore disallowance under Section 14A of the Income Tax Act, 1961. In this case, the revenue has...
![Relief to Oriental Insurance: ITAT Upholds Deletion of Rs. 21.36 Crore Disallowance u/s 14A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Relief-Oriental-Insurance-ITAT-Deletion-of-Crore-Disallowance-taxscan.jpg "Relief to Oriental Insurance: ITAT Upholds Deletion of Rs. 21.36 Crore Disallowance u/s 14A [Read Order]")
ITAT sets aside Addition of Rs. 45.74 Lakh Cash Deposit during Demonetisation, Remands matter for fresh Examination [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT), set aside an addition of Rs. 45.74 lakh made by the assessing officer (AO)Â on cash deposits in specified bank notes (SBN) during the...
![ITAT sets aside Addition of Rs. 45.74 Lakh Cash Deposit during Demonetisation, Remands matter for fresh Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Lakh-Cash-Deposit-Demonetisation-Remands-fresh-Examination-taxscan.jpg "ITAT sets aside Addition of Rs. 45.74 Lakh Cash Deposit during Demonetisation, Remands matter for fresh Examination [Read Order]")
![ICAI Takes Disciplinary Action against 2 CAs for Professional Misconduct [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/ICAI-Disciplinary-CAs-Professional-Misconduct-taxscan.webp "ICAI Takes Disciplinary Action against 2 CAs for Professional Misconduct [Read Notification]")