![Govt Constitutes Interim Settlement Boards Under Central Excise Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Interim-Settlement-Boards-Central-Excise-Act-Ministry-of-Finance-TAXSCAN.jpg "Govt Constitutes Interim Settlement Boards Under Central Excise Act [Read Notification]")
Govt Constitutes Interim Settlement Boards Under Central Excise Act [Read Notification]
The Ministry of Finance has issued Notification No. 02/2025-Central Excise (N.T.) dated April 8, 2025, announcing the constitution of four Interim...
![Deadline Alert: CBDT Sets April 30 as Last Day for Vivad se Vishwas Declarations [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/CBDT-Last-date-for-Vivad-se-Vishwas-Declarations-Vivad-se-Vishwas-TAXSCAN.jpg "Deadline Alert: CBDT Sets April 30 as Last Day for Vivad se Vishwas Declarations [Read Notification]")
![Win for Kalyan Jewellers: CESTAT rules Non-Studded Silver Articles Classifiable as Articles of Jewellery with Nil Duty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Kalyan-Jewellers-Win-for-Kalyan-Jewellers-CESTAT-CESTAT-Rules-Non-Studded-Silver-Articles-Articles-of-Jewellery-taxscan.jpg "Win for Kalyan Jewellers: CESTAT rules Non-Studded Silver Articles Classifiable as Articles of Jewellery with Nil Duty [Read Order]")
![Relief to Air Asia: Karnataka HC Quashes Criminal Proceedings Under Pre-Amendment Companies Act Due to Retrospective Decriminalization [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Air-asia-Karnataka-HC-Retrospective-Decriminalization-TAXSCAN.jpg "Relief to Air Asia: Karnataka HC Quashes Criminal Proceedings Under Pre-Amendment Companies Act Due to Retrospective Decriminalization [Read Order]")
![Calcutta HC Stays Recovery of Outstanding GST Dues considering Non Constitution of GSTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/GSTAT-GSTAT-to-be-in-Action-Goods-and-Services-Tax-Appellate-Tribunal-commence-operations-Revenue-Secretary-taxscan.jpg "Calcutta HC Stays Recovery of Outstanding GST Dues considering Non Constitution of GSTAT [Read Order]")
Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]
The Ministry of Finance has issued four notifications, S.O. 1625(E) to S.O. 1629(E), dated April 5, 2025, announcing the amalgamation of multiple Regional Rural Banks ( RRBs ) in Andhra Pradesh,...
![Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Amalgamation-RRBs-Across-Four-States-and-UT-taxscan.jpg "Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]")
Temporary Exemption from ICEGATE: Manual Duty Payments via TR6 Permitted for SEZ IT/ITeS Units [Read Order]
The Ministry of Commerce and Industry issued Notification No. 43014/4/2025-SEZ dated April 1, 2025, granting a temporary exemption to Developers, Co-developers, and IT/ITeS units operating in Special...
![Temporary Exemption from ICEGATE: Manual Duty Payments via TR6 Permitted for SEZ IT/ITeS Units [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/SEZ-taxscan.jpeg "Temporary Exemption from ICEGATE: Manual Duty Payments via TR6 Permitted for SEZ IT/ITeS Units [Read Order]")
No Evidence of Cash Receipt: ITAT Deletes Addition of Rs.2.5 Crore due to Lack of Corroborative Proof
The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has nullified an addition of Rs. 2.5 crore made by tax authorities against Shrigopal Rameshkumar Sales Pvt. Ltd. The tribunal ruled that the...
Limitation Period under IBC Starts From Date of Judgment Pronounced in Open Court: Supreme Court [Read Judgement]
The Supreme Court held that the incident which triggers the running of the limitation period under the Insolvency and Bankruptcy Code (IBC) 2016 is the the date of pronouncement of the Order and in...
![Limitation Period under IBC Starts From Date of Judgment Pronounced in Open Court: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-NCLAT.jpg "Limitation Period under IBC Starts From Date of Judgment Pronounced in Open Court: Supreme Court [Read Judgement]")
ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has cancelled a penalty of Rs.22.93 lakh that was imposed on Silver Oak Buildcon Private Limited, a construction company based in Pune. The...
![ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.11.11-PM.jpeg "ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]")
No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has remanded a matter back to the Assessing Officer for fresh verification in a case involving alleged capital gains based on a cancelled...
![No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.39.50-PM.jpeg "No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]")