![RBI discontinues Medium and Long-Term Gold Deposits Under Gold Monetization Scheme [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/Gold-Monetization-Scheme.jpg "RBI discontinues Medium and Long-Term Gold Deposits Under Gold Monetization Scheme [Read Notification]")
RBI discontinues Medium and Long-Term Gold Deposits Under Gold Monetization Scheme [Read Notification]
The Reserve Bank of India (RBI), through Notification No. RBI/2024-25/132 dated March 25, 2025, has announced a major change in the Gold Monetization...
![Incorrect Service Tax Demand Based on TDS Amount: CESTAT Quashes Demand for Inflated Taxable Value [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/CESTAT-Ruling-Service-Tax-Demand-TDS-Amount-Dispute-taxscan.jpg "Incorrect Service Tax Demand Based on TDS Amount: CESTAT Quashes Demand for Inflated Taxable Value [Read Order]")
Service Tax Liability on Various Contracts: CESTAT Quashes Demand, Citing Exemptions and Clarifications [Read Order]
The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal(CESTAT)quashed the demand for service tax on various contracts, citing exemptions and clarifications. Samy Construction,...
![Service Tax Liability on Various Contracts: CESTAT Quashes Demand, Citing Exemptions and Clarifications [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Service-Tax-Construction.jpg "Service Tax Liability on Various Contracts: CESTAT Quashes Demand, Citing Exemptions and Clarifications [Read Order]")
![CBDT expands Safe Harbour Rules: Adds EV Batteries, Raises Threshold to ₹300 Crore [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/CBDT-CBDT-Expands-Safe-Harbour-Rules-Safe-Harbour-Rules-Adds-EV-Batteries-Raises-Threshold-Harbour-Rules-taxscan.jpg "CBDT expands Safe Harbour Rules: Adds EV Batteries, Raises Threshold to ₹300 Crore [Read Notification]")
No Monkey Business Allowed: Kempegowda Customs Thwart Smuggling of Endangered Species from Malaysia to Bengaluru
Customs officials at Kempegowda International Airport (KIA) pulled off a dramatic rescue on Sunday night, intercepting a passenger attempting to smuggle six endangered monkeys from Malaysia into...
ITAT Rules that the Addition of Unexplained Cash Credit u/s.68 is Invalid After Rejecting the Books of Accounts [Read Order]
The Indore bench of the Income Tax Appellate Tribunal (ITAT) ruled that the taxation of unexplained cash credit is invalid after rejecting the books of accounts following a sharp rise in cash...
![ITAT Rules that the Addition of Unexplained Cash Credit u/s.68 is Invalid After Rejecting the Books of Accounts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/unexplained-cash-credits.jpg "ITAT Rules that the Addition of Unexplained Cash Credit u/s.68 is Invalid After Rejecting the Books of Accounts [Read Order]")
![Rental Income From Trust Property cannot be Treated as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-mumbai-Rental-Income-From-Trust-Property-TAXSCAN.jpg "Rental Income From Trust Property cannot be Treated as Business Income: ITAT [Read Order]")
MPs to Make ₹1,24,000 per Month: Know the Perks, Benefits and Numbers in Light of Central Government’s 24% Salary Hike
“Let them Eat Cake” is a quote often claimed to have been said by the queen of France, Marie-Antoinette when she was informed that the common folk of France did not even have bread to eat during the...
