Mankind Pharma Faces ₹2.27 Crore GST Penalty Over Alleged Reporting Discrepancies
Mankind Pharma Ltd, which holds top positions in the Pharma sector, disclosed that the Kolkata GST authorities imposed a penalty of Rs. 2.27 crore...
![Clear Violation of S. 250(6): ITAT sets aside Ex- Parte Order regarding addition on Cash Deposits of Rs. 33 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Income-Tax-Appellate-Tribunal-Section-2506-of-the-Income-Tax-Act-Ex-Parte-Order-taxscan.jpg "Clear Violation of S. 250(6): ITAT sets aside Ex- Parte Order regarding addition on Cash Deposits of Rs. 33 Lakhs [Read Order]")
![Invalid Reassessment Notice due to Lack of PCCIT Approval: ITAT quashes Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Invalid-Reassessment-Notice-Reassessment-Notice-PCCIT-PCCIT-Approval-ITAT-ITAT-Quashes-Additions-Reassessment-Reassessment-Notice-Due-to-Lack-of-PCCIT-Approval-Assessing-Officer-Income-Tax-Act-Taxscan.jpg "Invalid Reassessment Notice due to Lack of PCCIT Approval: ITAT quashes Additions [Read Order]")
![ITAT sets aside Ex-Parte Order after Technical Glitches led to Non-Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Income-Tax-Appellate-Tribunal-Ex-Parte-Order-ITAT-Technical-Glitches-TAXSCAN.jpeg "ITAT sets aside Ex-Parte Order after Technical Glitches led to Non-Compliance [Read Order]")
Unexplained Cash Deposits u/s 69A: ITAT upholds CIT(A)'s deletion of ₹2.27 Crore Addition [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision to delete the ₹2.27 crore addition made by the Assessing Officer ( AO )...
![Unexplained Cash Deposits u/s 69A: ITAT upholds CIT(A)s deletion of ₹2.27 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Unexplained-Cash-Deposits-TAXSCAN.jpg "Unexplained Cash Deposits u/s 69A: ITAT upholds CIT(A)s deletion of ₹2.27 Crore Addition [Read Order]")
Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) quashed an ex parte order issued by the Commissioner of Income Tax (Appeals) [CIT(A)] due to the assessee did not receive the income tax...
![Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Hearing-Notice-Income-Tax-Hearing-Notice-ITAT-ITAT-Quashes-ITAT-Quashes-Ex-Parte-Order-Ex-Parte-Order-taxscan.jpg "Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]")
![Addition of LTCG and Unsecured Loans Due to Lack of Documentation: ITAT Remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Kolkata-LTCG-addition-unsecured-loans-lack-of-documentation-ITAT-remands-AO-review-Section-68-of-Income-Tax-Act-Section-68-Income-Tax-Appellate-Tribuna-Income-Tax-taxscan.jpg "Addition of LTCG and Unsecured Loans Due to Lack of Documentation: ITAT Remands Matter to AO [Read Order]")
SEBI Announces Trading Window Restrictions Exemption for Non-Convertible Securities Subscriptions [Read Circular]
On December 30, 2024, the Securities and Exchange Board of India ( SEBI ) announced a huge regulatory update, allowing subscriptions to non-convertible securities even during trading window closure...
