CBIC Clarifies Delhi Development Authority Not a local authority as per S. 2(69) of the CGST Act, 2017 [Read Circular]
The Central Board of Indirect Taxes & Customs (CBIC), through the Circular No. 245/02/2025-GST clarified that Delhi Development Authority (DDA)...
![CBIC Clarifies Regularizing Payment of GST on Skilling Services provided by Training Partners approved by the National Skill Development Corporation [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/01/CBIC-payment-of-GST-National-Skill-Development-Corporation-GST-payments-on-skilling-services-taxscan.jpg "CBIC Clarifies Regularizing Payment of GST on Skilling Services provided by Training Partners approved by the National Skill Development Corporation [Read Circular]")
![Deduction u/s 80IA(4) cannot be Denied for Delayed Filing of Form 10CCB Audit Report: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Deduction-us-80IA4-Delayed-Filing-of-Form-10CCB-Audit-Report-ITAT-TAXSCAN.jpg "Deduction u/s 80IA(4) cannot be Denied for Delayed Filing of Form 10CCB Audit Report: ITAT [Read Order]")
![CBIC Issues Circular for Regularizing payment of GST on Co-Insurance Premium Apportioned [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/01/GST-on-Co-Insurance-Premium-CBIC-GST-Insurance-Premium-Taxscan.jpg "CBIC Issues Circular for Regularizing payment of GST on Co-Insurance Premium Apportioned [Read Circular]")
![CBIC clarifies Applicability of GST on Penal Charges by Regulated Entities [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/01/GST-on-Penal-Charges-CBIC-GST-Taxscan.jpg "CBIC clarifies Applicability of GST on Penal Charges by Regulated Entities [Read Circular]")
No Customs Duty Payable by Corporate Debtor on Sale of Floating Dry Dock to Foreign-Buyer During Liquidation: NCLT [Read Order]
The Amravati Bench of the National Company Law Tribunal (NCLT) ruled recently that a corporate debtor is not required to pay customs duty while selling floating dry dock (FDD) to a foreign buyer...
CIT(E)'s Order Set Aside: ITAT Remands Matter to AO for Re-examination in Light of Landmark Judgments [Read Order]
In a significant development, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside the decision of the Commissioner of Income Tax (Exemption) (CIT(E)) rejecting the registration...
![CIT(E)s Order Set Aside: ITAT Remands Matter to AO for Re-examination in Light of Landmark Judgments [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Order-Set-Aside-Re-examination-Landmark-Judgments-Tax-Law-Appeal-Remand-section-12A-taxscan.jpg "CIT(E)s Order Set Aside: ITAT Remands Matter to AO for Re-examination in Light of Landmark Judgments [Read Order]")
Unexplained Cash Deposits of ₹14.53 Lakh: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) deleted the addition of ₹14.53 Lakh under Section 68 of the Income Tax Act,1961 ruling that the unexplained cash deposit was legitimate. ...
![Unexplained Cash Deposits of ₹14.53 Lakh: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Unexplained-Cash-Deposits-ITAT-Addition-us-68-of-Income-Tax-Act-TAXSCAN.jpg "Unexplained Cash Deposits of ₹14.53 Lakh: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]")
Arrest on Wrongful Availment of ITC Based on Manipulated Bills: Rajasthan HC Refuses to Grant Bail [Read Order]
The Rajasthan High Court has refused to grant bail to Input Tax Credit (ITC) amounting to 10.87 crores, based on forged transactions and also manipulated the bills showing transportation of goods...
![Arrest on Wrongful Availment of ITC Based on Manipulated Bills: Rajasthan HC Refuses to Grant Bail [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Wrongful-Availment-of-ITC-ITC-Based-on-Manipulated-Bills-Rajasthan-HC-Rajasthan-HC-Refuses-to-Grant-Bail-Rajasthan-High-Court-ITC-non-existing-firms-ITC-based-on-sham-bills-Taxscan.jpg "Arrest on Wrongful Availment of ITC Based on Manipulated Bills: Rajasthan HC Refuses to Grant Bail [Read Order]")
Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT) ruled that the funds received from lease premiums and rent collected on behalf of the Government of Maharashtra are not taxable in the hands of...
![Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Taxability-of-Lease-Taxability-Taxability-of-Lease-Premiums-Rent-Collected-State-Government-ITAT-ITAT-Rules-ITAT-Rules-Funds-Not-Taxable-Taxable-taxscan.jpg "Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]")