![Relief to Make My Trip: ITAT Quashes Revision Order Noting AOs Proper Inquiry on ESOP Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Make-my-Trip.jpg "Relief to Make My Trip: ITAT Quashes Revision Order Noting AOs Proper Inquiry on ESOP Expenses [Read Order]")
Relief to Make My Trip: ITAT Quashes Revision Order Noting AO's Proper Inquiry on ESOP Expenses [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) quashed the revision order issued by the Principal Commissioner of Income Tax (PCIT) against...
![Kerala HC Stays Recovery Proceedings under Income Tax Act Till Disposal of Pending Appeal before ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Kerala-HC-Kerala-HC-Stays-Recovery-Proceedings-Recovery-Proceedings-Income-Tax-Act-Income-Tax-Income-Tax-Act-Till-Disposal-Till-Disposal-of-Pending-Appeal-taxscan.jpg "Kerala HC Stays Recovery Proceedings under Income Tax Act Till Disposal of Pending Appeal before ITAT [Read Order]")
![SARFAESI Proceedings to Recover Loan can be Initiated by Bank if it wasn’t Party to Resolution Plan: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Kerala-High-Court-SARFAESI-Proceedings-SARFAESI-Proceedings-to-Recover-Loan-TAXSCAN.jpg "SARFAESI Proceedings to Recover Loan can be Initiated by Bank if it wasn’t Party to Resolution Plan: Kerala HC [Read Order]")
![CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/sun-pharmaceutical.jpg "CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]")
S. 129 of GST Act not Attracts If Goods Quantity or Weight are Correct on Physical Verification: Calcutta HC directs to Release Vehicle [Read Order]
The Calcutta High Court directed the Goods and Services Tax (GST) department to release vehicle and held that department cannot seize goods under section 129 of GST Act, 2017 when quantity or...
![S. 129 of GST Act not Attracts If Goods Quantity or Weight are Correct on Physical Verification: Calcutta HC directs to Release Vehicle [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/GST-Act-Attracts-If-Goods-Quantity-Weight-are-Correct-Physical-Verification-Calcutta-HC-TAXSCAN.jpg "S. 129 of GST Act not Attracts If Goods Quantity or Weight are Correct on Physical Verification: Calcutta HC directs to Release Vehicle [Read Order]")
Citizens Entitled to Interest on Lost Stamp Paper Refund, Govt Cannot Retain Money Without Legal Basis: Supreme Court [Read Judgement]
In a recent ruling, the Supreme Court of India ruled that citizens are entitled to interest on refunds for lost stamp paper. The court also explained that the government cannot retain money without a...
ICAI Allows CA Final Candidates to Opt for Permanent Exemptions: Know Key Details Here [Read Guidelines]
The Institute of Chartered Accountants of India ( ICAI ) has allowed the Chartered Accountancy ( CA ) Final candidates to make their exhausted exemptions permanent. This update applies to candidates...
S. 56(2)(viib) of Income Tax does not Cover Holding-Subsidiary Share Transactions: ITAT quashes Revision Order against Oyo [Read Order]
In arecent ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) has quashed the revision order passed under section 263 of the Income Tax Act, 1961 against Oyo holding that share...
![S. 56(2)(viib) of Income Tax does not Cover Holding-Subsidiary Share Transactions: ITAT quashes Revision Order against Oyo [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Section-562viib-of-Income-Tax-Income-Tax-Cover-Holding-Subsidiary-Share-Transactions-ITAT-ITAT-Quashes-Revision-Order-against-Oyo-taxscan.jpg "S. 56(2)(viib) of Income Tax does not Cover Holding-Subsidiary Share Transactions: ITAT quashes Revision Order against Oyo [Read Order]")
Appeal by Medical Trust Against Income Tax Order issued u/s 201: Kerala HC Stays Recovery Proceedings Initated [Read Order]
In a ruling on the appeal filed by the Medical trust against Income Tax order issued under section 201 of the Income Tax Act, 1961, the Kerala High Court stayed the recovery proceedings initated by...
ITC Denied Invoking S. 17(5) of GST Act without Indicating Reason: Madras HC Sets Aside Order [Read Order]
The Madras High Court, in its judgment, set aside the Goods and Service Tax (GST) order denying Input Tax Credit (ITC) by invoking section 17(5) of the GST Act, 2017, without indicating reason. ...
![ITC Denied Invoking S. 17(5) of GST Act without Indicating Reason: Madras HC Sets Aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITC-Madras-High-Court-Madras-HC-on-ITC-denial-TAXSCAN.jpg "ITC Denied Invoking S. 17(5) of GST Act without Indicating Reason: Madras HC Sets Aside Order [Read Order]")