Sahara Cooperative Society Deposit Refund: Amit Shah affirms Release of ₹2,314 Crore to 12,97,111 Depositors
The Union Minister of Cooperation Amit Shah has announced the release of ₹2,314.20 crore to 12,97,111 depositors who transacted with the 4...
![Claim of Refund of Excessive TDS collected under CGST Act: Telangana HC directs L&T to File Appeal before Adjudicating Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/LT-and-PES-JV.jpg "Claim of Refund of Excessive TDS collected under CGST Act: Telangana HC directs L&T to File Appeal before Adjudicating Authority [Read Order]")
![Denial of S.80P(2)(d) Deduction on Interest Income: ITAT Grants Deduction for Cooperative Banks and Savings Accounts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Deduction-on-Interest-Income.jpg "Denial of S.80P(2)(d) Deduction on Interest Income: ITAT Grants Deduction for Cooperative Banks and Savings Accounts [Read Order]")
![Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Hyderabad-ITAT-ruling-on-AO-prior-inquiry-TAXSCAN.jpg "Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]")
![Denial of Expense Deductions due to Lack of Supporting Documents: ITAT Sets Aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Documents.jpg "Denial of Expense Deductions due to Lack of Supporting Documents: ITAT Sets Aside Order [Read Order]")
Allahabad HC quashes GST Demands on Merged Max Ventures, Rules Proceedings against Non-Existent Entities Invalid [Read Order]
In a recent judgment, the Allahabad High Court quashed the GST demands issued against Max Ventures and Industries Limited after its merger with Max Estates Limited, ruling that tax demands made...
![Allahabad HC quashes GST Demands on Merged Max Ventures, Rules Proceedings against Non-Existent Entities Invalid [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/max-estates-limited.jpg "Allahabad HC quashes GST Demands on Merged Max Ventures, Rules Proceedings against Non-Existent Entities Invalid [Read Order]")
![Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/PF-ESI-Contribution.jpg "Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]")
Kerala Police Warns against Whatsapp-based Gift Voucher Scam Claiming to be issued by Reserve Bank of India
The Kerala Police has issued a note of warning regarding a Whatsapp-based financial scam purportedly in the name of the Reserve Bank of India (RBI). The scamsters send in a message to unassuming...
Deduction of Bad Debts u/s 36 Income Tax Act only if Lends in Ordinary Course of Banking/ Money Lending Business: Delhi HC [Read Order]
The Delhi High Court has made it clear that allowance in respect of bad debts as an expense under Section 36 of the Income Tax Act, 1961, is permissible only if the assesseee represents money lent in...
![Deduction of Bad Debts u/s 36 Income Tax Act only if Lends in Ordinary Course of Banking/ Money Lending Business: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Delhi-high-court-Deduction-of-Bad-Debts-Section-36-Income-Tax-Act-TAXSCAN.jpg "Deduction of Bad Debts u/s 36 Income Tax Act only if Lends in Ordinary Course of Banking/ Money Lending Business: Delhi HC [Read Order]")
Stamp Duty Not Payable by Wife for Flat Acquired as Part of Compromise in Divorce Case: Supreme Court [Read Judgment]
The Supreme Court recently excluded a wife from paying stamp duty under the Registration Act, 1908 ("Act") if she got an apartment as part of a settlement with her husband in a divorce dispute. In...
![Stamp Duty Not Payable by Wife for Flat Acquired as Part of Compromise in Divorce Case: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2025/03/Stamp-Duty.jpg "Stamp Duty Not Payable by Wife for Flat Acquired as Part of Compromise in Divorce Case: Supreme Court [Read Judgment]")
Delay in Finalizing Gold Jewellery Import Assessment: Delhi HC Directs Release of Bank Guarantee with Interest [Read Order]
The High Court of Delhi directed the release of the Bank Guarantee with interest due to an unjustified delay in finalizing the provisional assessment of imported gold jewellery. Om Gems And...
![Delay in Finalizing Gold Jewellery Import Assessment: Delhi HC Directs Release of Bank Guarantee with Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Delhi-High-Court-Gold-Jewellery-import-Gold-jewellery-import-assessment-delay-TAXSCAN.jpg "Delay in Finalizing Gold Jewellery Import Assessment: Delhi HC Directs Release of Bank Guarantee with Interest [Read Order]")
![₹26.35 Lakh Addition on Cash Deposits during Demonetization: ITAT Orders Deletion [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Delhi-Cash-Deposits-during-Demonetization-TAXSCAN.jpg "₹26.35 Lakh Addition on Cash Deposits during Demonetization: ITAT Orders Deletion [Read Order]")