![No ITC on Share Buyback Expenses Unless Linked to Taxable Supply: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITC-Share-Buyback-Expenses-Taxable-Supply-AAR-taxscan.jpg "No ITC on Share Buyback Expenses Unless Linked to Taxable Supply: AAR [Read Order]")
No ITC on Share Buyback Expenses Unless Linked to Taxable Supply: AAR [Read Order]
In the case of Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), the Gujarat Authority for Advance Ruling (AAR) held that the Input...
![Alleged ₹33 Crore GST Invoice Scam: Patna HC Grants Bail to Accused due to Lack of Proper Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/GST-Invoice-Scam-Patna-HC-Bail-Proper-Evidence-taxscan.jpg "Alleged ₹33 Crore GST Invoice Scam: Patna HC Grants Bail to Accused due to Lack of Proper Evidence [Read Order]")
![Delhi HC Quashes Customs Order Over 10-Year Delay and Procedural Lapse [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Customs-Order-Delhi-HC-Procedural-Lapse-taxscan.jpg "Delhi HC Quashes Customs Order Over 10-Year Delay and Procedural Lapse [Read Order]")
Relief to MakeMyTrip: Delhi HC quashes Reassessment Notice for AY 2015–16 as time-barred, citing TOLA inapplicability [Read Order]
The Delhi High Court, granting relief to MakeMyTrip, quashed a reassessment notice issued for Assessment Year(AY) 2015–16, holding it time-barred as the Taxation and Other Laws (Relaxation and...
![Relief to MakeMyTrip: Delhi HC quashes Reassessment Notice for AY 2015–16 as time-barred, citing TOLA inapplicability [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Relief-to-MakeMyTrip-MakeMyTrip-Delhi-HC-Delhi-HC-quashes-taxscan.jpg "Relief to MakeMyTrip: Delhi HC quashes Reassessment Notice for AY 2015–16 as time-barred, citing TOLA inapplicability [Read Order]")
![ITAT quashes CIT(A)’s Ex Parte Penalty Orders Due to Wrong Email Service [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Wrong-Email-Service.jpg "ITAT quashes CIT(A)’s Ex Parte Penalty Orders Due to Wrong Email Service [Read Order]")
![Allahabad HC quashes Ex-Parte GST Order Due to Improper Service of Hearing Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Hearing-Notice-.jpg "Allahabad HC quashes Ex-Parte GST Order Due to Improper Service of Hearing Notice [Read Order]")
![Delhi HC Quashes Notice u/s 148 of Income Tax Act for Improper Service on Foreign Entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/notice-Delhi-HC-Income-Tax-Act-TAXSCAN.jpg "Delhi HC Quashes Notice u/s 148 of Income Tax Act for Improper Service on Foreign Entity [Read Order]")
RBI Deregisters Cuddalore-Villupuram Co-op Employees Bank as a Co-operative Bank [Read Notification]
The Reserve Bank of India (RBI) has officially declared that The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., based in Cuddalore, Tamil Nadu, is no...
![RBI Deregisters Cuddalore-Villupuram Co-op Employees Bank as a Co-operative Bank [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Co-operative-Bank-Bank-RBI-TAXSCAN.jpg "RBI Deregisters Cuddalore-Villupuram Co-op Employees Bank as a Co-operative Bank [Read Notification]")
Partial Relief to Maggie: Delhi HC Rules Delay Not Prejudicial, Remands Matter to CESTAT for Merits Review [Read Order]
The Delhi High Court, while holding that the delay between 2017 and 2021 in adjudicating the Show Cause Notice did not cause any serious prejudice, granted partial relief by setting aside the Customs...
![Partial Relief to Maggie: Delhi HC Rules Delay Not Prejudicial, Remands Matter to CESTAT for Merits Review [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Delhi-High-Court-Maggie-Partial-Relief-to-Maggie-taxscan.jpg "Partial Relief to Maggie: Delhi HC Rules Delay Not Prejudicial, Remands Matter to CESTAT for Merits Review [Read Order]")
![ICAI Releases Exposure Draft of Auditing Standards for LLPs, Seeks Public Comments [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/ICAI-Institute-of-Chartered-Accountants-of-India-CA-Chartered-Accountant-CA-certifies-SPICe-Form-taxscan.jpg "ICAI Releases Exposure Draft of Auditing Standards for LLPs, Seeks Public Comments [Read Notification]")