Piyush Goyal Praises Proposed India-US Trade Pact as 'Mother of All Deals'
Union Minister Piyush Goyal recently spoke at the Invest Kerala Global Summit (IKGS) and explained the importance of the proposed trade agreement...
![ITAT Sets Aside PCITs Revision, Upholds Deduction u/s 10AA Due to Proper AO Review [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Sets-Aside-PCITs-Revision-PCITs-Revision-PCITs-Upholds-Deduction-Section-10AA-Due-to-Proper-AO-Review-AO-Review-taxscan.jpg "ITAT Sets Aside PCITs Revision, Upholds Deduction u/s 10AA Due to Proper AO Review [Read Order]")
![Neither CIT(A) Nor AO Accurately Computed Taxpayers Income: ITAT Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-12.jpg "Neither CIT(A) Nor AO Accurately Computed Taxpayers Income: ITAT Remands Matter [Read Order]")
![Compensation Paid for Project Delays in Real Estate Business is Deductible Expense: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Compensation-Paid-for-Project-Project-Delays-Project-Delays-in-Real-Estate-Business-Real-Estate-Business-Real-Estate-Business-is-Deductible-Expense-Deductible-Expense-ITAT-taxscan.jpg "Compensation Paid for Project Delays in Real Estate Business is Deductible Expense: ITAT [Read Order]")
![CESTAT Sets Aside ₹10 Lakh Penalty under Rule 26(1) Due to Lack of Goods Confiscation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-delhi.jpg "CESTAT Sets Aside ₹10 Lakh Penalty under Rule 26(1) Due to Lack of Goods Confiscation [Read Order]")
Service Tax on R&D and Consultancy under RCM: CESTAT sets aside Extended Limitation due to Lack of Willful Suppression [Read Order]
The Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) set aside the extended limitation period for service tax demand on Research and Development ( R&D ) and...
![Service Tax on R&D and Consultancy under RCM: CESTAT sets aside Extended Limitation due to Lack of Willful Suppression [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/RCM-Service-Tax-Consultancy-Under-RCM-taxscan.jpg "Service Tax on R&D and Consultancy under RCM: CESTAT sets aside Extended Limitation due to Lack of Willful Suppression [Read Order]")
Kerala HC Directs Revenue Authority to Refund Amount Deposited after Setoff Property Tax [Read Order]
The Kerala High Court disposed of the writ petition directing the 2nd respondent to take appropriate steps to refund the amount deposited by the petitioner at the time of preferring the appeal after...
Chhattisgarh HC Refuse to Grant Bail on Offence Committed Under PMLA citing link with Coal Scam [Read Order]
The Chhattisgarh High Court refused to grant bail for the accused who was arrested for the offence under the Prevention of Money Laundering Act, 2002 (“the PMLA”) as the prosecution has prima...
Failure to Serve Notices at Correct Address: ITAT orders Reassessment of Unexplained Deposits and Income [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) recently set aside the assessment order against the assessee, citing violations of natural justice and failure to consider additional...
![Failure to Serve Notices at Correct Address: ITAT orders Reassessment of Unexplained Deposits and Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Ahmedabad-Reassessment-of-Unexplained-Deposits-TAXSCAN.jpg "Failure to Serve Notices at Correct Address: ITAT orders Reassessment of Unexplained Deposits and Income [Read Order]")
Failure to File Copy of Financial Statement u/s 137 of Companies Act: MCA imposes Penalty on Company and Board of Directors
In a recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ), the Registrar of Companies imposed a fine of ₹3.3 lakhs on the company and its board of directors for the...
Homebuyers can now Take Possession during CIRP: IBBI Introduces Amendments to IRP of Corporate Persons Regulations, 2016
Through Notification No. IBBI/2024-25/GN/REG122, dated 03.02.2025, the Insolvency and Bankruptcy Board of India ( IBBI ) has proposed changes to the IBBI (Insolvency Resolution Process for Corporate...
Additions for Cash Deposits and Advances u/s 69A: ITAT Deletes Addition Based on Recorded Sales [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT)deleted the addition made under Section 69A of Income Tax Act,1961 for cash deposits and advances, holding that the amounts were sourced from...
![Additions for Cash Deposits and Advances u/s 69A: ITAT Deletes Addition Based on Recorded Sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Additions-for-Cash-Deposits-Cash-Deposits-Cash-Deposits-and-Advances-Section-69A-ITAT-ITAT-Deletes-Addition-Based-on-Recorded-Sales-Recorded-Sales-taxscan.jpg "Additions for Cash Deposits and Advances u/s 69A: ITAT Deletes Addition Based on Recorded Sales [Read Order]")