DPIIT and Paytm sign MoU to Enhance Manufacturing and Innovation in Fintech Hardware Startups
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has entered into a landmark...
![ITAT Upholds Denial of Exemption u/s 54, Citing Failure to Invest in New Asset Within Specified Timeframe [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Upholds-Denial-Denial-of-Exemption-Denial-of-Exemption-Section-54-Citing-Failure-to-Invest-Specified-Timeframe-Failure-to-Invest-taxscan.jpg "ITAT Upholds Denial of Exemption u/s 54, Citing Failure to Invest in New Asset Within Specified Timeframe [Read Order]")
![ITAT allows S.80G Deduction for donation out of CSR funds to PM National Relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-CSR-funds-PM-National-Relief-Fund-Section-80G-of-Income-Tax-Act-TAXSCAN.jpg "ITAT allows S.80G Deduction for donation out of CSR funds to PM National Relief Fund [Read Order]")
![50% Disputed GST Demand deposited in Wrong Head: Madras HC sets aside Matter on 10% Pre-deposit out of remaining 50% [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Disputed-GST-Demand-deposited-in-Wrong-Head-Madras-HC-Matter-Pre-deposit-taxscan.jpg "50% Disputed GST Demand deposited in Wrong Head: Madras HC sets aside Matter on 10% Pre-deposit out of remaining 50% [Read Order]")
Subsequent Sale of Liquor to Customers not Exigible to Tax: Andhra Pradesh HC Sets Aside Assessment order under VAT Act [Read Order]
The Andhra Pradesh High Court has held that subsequent sale of liquor to customers not exigible to Value Added Tax ( VAT ) and set aside the assessment order dated 06.01.2022 and rectification...
![Subsequent Sale of Liquor to Customers not Exigible to Tax: Andhra Pradesh HC Sets Aside Assessment order under VAT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Liquor-Tax-VAT-Act-taxscan.jpg "Subsequent Sale of Liquor to Customers not Exigible to Tax: Andhra Pradesh HC Sets Aside Assessment order under VAT Act [Read Order]")
AO not Legally Entitled to Calculates Sales on Hypothetical Basis ignoring Evidence: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Lucknow Bench, has ruled that Assessing Officer (AO) is not legally entitled to estimate sales on a hypothetical basis while ignoring documentary evidence....
![AO not Legally Entitled to Calculates Sales on Hypothetical Basis ignoring Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Lucknow-ITAT-case-on-hypothetical-sales-calculation-TAXSCAN.jpg "AO not Legally Entitled to Calculates Sales on Hypothetical Basis ignoring Evidence: ITAT [Read Order]")
Consolidated SCN Involving Multiple Assessment Years can be Issued in Existence of Common Period of Adjudication: Kerala HC [Read Order]
The Kerala High Court stated that consolidated show cause notice involving multiple assessment years can be issued when a common period of adjudication exists. The Division Bench of Justices A.K....
![Consolidated SCN Involving Multiple Assessment Years can be Issued in Existence of Common Period of Adjudication: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Kerala-High-Court-SCN-Consolidated-SCN-Show-cause-notice-TAXSCAN.jpg "Consolidated SCN Involving Multiple Assessment Years can be Issued in Existence of Common Period of Adjudication: Kerala HC [Read Order]")
The Importance of Judicial Prudence in Provisional Bank Account Attachments under GST Law [Find Draft Reply Format Here]
The GST is a destination-based tax on the consumption of goods and services. The Goods and Services Tax (GST) regime, which went into effect in 2017, has revealed a new aspect of India's indirect...
![The Importance of Judicial Prudence in Provisional Bank Account Attachments under GST Law [Find Draft Reply Format Here]](https://www.taxscan.in/wp-content/uploads/2025/02/The-Importance-of-Judicial-Prudence-Judicial-Prudence-Judicial-Prudence-in-Provisional-Bank-Account-Provisional-Bank-Account-Bank-Account-Attachments-GST-Law-taxscan.jpg "The Importance of Judicial Prudence in Provisional Bank Account Attachments under GST Law [Find Draft Reply Format Here]")
