Accounting Contract Scam: Mumbai CA Duped of ₹1.64 Crore by Fraudster Posing as Secretary
A chartered accountant in Mumbai was duped of Rs. 1.64 crore by a man posing as a secretary for a Jodhpur-based company. The victim, Bharat Dhanji...
![ITAT Rejects DVO Valuations, Ensures Equal Treatment Among Co-owners [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Equal-Treatment.jpg "ITAT Rejects DVO Valuations, Ensures Equal Treatment Among Co-owners [Read Order]")
![CESTAT Rejects PFCL’s ₹2 Crore Refund Claim on Employee Secondment to Subsidiary, Observes Service Tax Collection from PFFCL [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-CESTAT-Rejects-PFCLs-Refund-Claim-Refund-Claim-on-Employee-Secondment-to-Subsidiary-Observes-Service-Tax-Collection-Service-Tax-taxscan.jpg "CESTAT Rejects PFCL’s ₹2 Crore Refund Claim on Employee Secondment to Subsidiary, Observes Service Tax Collection from PFFCL [Read Order]")
![ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Bangalore-Favor-of-Assessee-Deductions-Section-80JJAA-Additional-Depreciation-taxscan.jpg "ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]")
ITAT Deletes Addition of Rs 40 Lakhs, Holds Assessee's Explanation on Cash Deposits as Sufficient [Read Order]
In a major relief to the assessee, the Income Tax Appellate Tribunal (ITAT) Chennai Bench has deleted an addition of Rs. 40 lakhs made under Section 69A of the Income Tax Act, 1961, holding that the...
![ITAT Deletes Addition of Rs 40 Lakhs, Holds Assessees Explanation on Cash Deposits as Sufficient [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Chennai-ITAT-Deletes-Addition-case-Cash-Deposits-TAXSCAN.jpg "ITAT Deletes Addition of Rs 40 Lakhs, Holds Assessees Explanation on Cash Deposits as Sufficient [Read Order]")
 Shareholder's Account to be Taxed under Life Insurance Business Provisions: ITAT in Kotak Mahindra Life Insurance case [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) in the Kotak Mahindra Insurance case held that theshareholder's account is to be taxed under life insurance business provisions. The...
![Â Shareholders Account to be Taxed under Life Insurance Business Provisions: ITAT in Kotak Mahindra Life Insurance case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Mumbai-Kotak-Mahindra-Life-Insurance-case-taxscan.jpg "Â Shareholders Account to be Taxed under Life Insurance Business Provisions: ITAT in Kotak Mahindra Life Insurance case [Read Order]")
GST Paid Voluntarily before Issuance of Demand Order: Madras HC Calls it Ex Parte, Sets aside Orders [Read Order]
In a recent ruling, the Madras High Court quashed GST (Goods and Services Tax) demand orders, terming them "ex parte." The court observed that the taxpayer had voluntarily paid the GST liability...
![GST Paid Voluntarily before Issuance of Demand Order: Madras HC Calls it Ex Parte, Sets aside Orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Madras-High-Court-GST-Demand-Order-Ex-Parte-taxscan.jpg "GST Paid Voluntarily before Issuance of Demand Order: Madras HC Calls it Ex Parte, Sets aside Orders [Read Order]")
ITAT Remands matter for Fresh Assessment Over Delay in Filing Audit Report u/s Form 10BB [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case back to the Assessing Officer (AO) for a fresh assessment concerning the delay in filing an audit report under Form...
![ITAT Remands matter for Fresh Assessment Over Delay in Filing Audit Report u/s Form 10BB [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-chennai-Assessment-Over-Delay-Filing-Audit-Report-taxscan.jpg "ITAT Remands matter for Fresh Assessment Over Delay in Filing Audit Report u/s Form 10BB [Read Order]")
Extending Limitation to Adjudicate GST SCN by Notification u/s.168A: Supreme Court Defers Matter observing Varying HC Opinions [Read Judgment]
The Supreme Court of India has reserved its judgment in a matter regarding the legality of extending the time limit for the adjudication of a Goods and Services Tax (GST) Show Cause Notices (SCN)...
![Extending Limitation to Adjudicate GST SCN by Notification u/s.168A: Supreme Court Defers Matter observing Varying HC Opinions [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2025/02/Supreme-Court-GST-SCN-limitation-extension-case-Extending-Limitation-GST-SCN-TAXSCAN.jpeg "Extending Limitation to Adjudicate GST SCN by Notification u/s.168A: Supreme Court Defers Matter observing Varying HC Opinions [Read Judgment]")