GSTN Issues Advisory on Biometric-Based Aadhaar Authentication for GST Registration Applicants in Tamil Nadu and Himachal Pradesh
In a recent development aimed at streamlining the GST registration process, the Goods and Services Tax Network ( GSTN ) has rolled out a new...
![Foundations S. 80G application rejected for Non-Compliance with CIT(E) Notices: ITAT remands matter for reasonable opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Charitable-Institutions-Non-Compliance-taxscan.jpg "Foundations S. 80G application rejected for Non-Compliance with CIT(E) Notices: ITAT remands matter for reasonable opportunity [Read Order]")
![ITAT Upholds ₹168.61 Crore TDS Credit Due to Form 26AS Discrepancy, Directs AO to Verify Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Ahmedabad-ITAT-Upholds-Credit-Due-Verify-Income-Directs-AO-Delayed-TDS-Deposits-Income-Tax-Appellate-Tribunal-Income-Tax-taxscan.jpg "ITAT Upholds ₹168.61 Crore TDS Credit Due to Form 26AS Discrepancy, Directs AO to Verify Income [Read Order]")
![ITAT Quashes Penalty for Under-Reporting: Holds Assessees Actions Bona Fide [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Quashes-Penalty-for-Under-Reporting-Assessees-Actions-Bona-Fide-Assessees-Actions-Bona-Fide-taxpayers-CIT-Income-Tax-Act-DACSS-Granites-Pvt.-Ltd-ITAT-Bengaluru-Taxscan.jpg "ITAT Quashes Penalty for Under-Reporting: Holds Assessees Actions Bona Fide [Read Order]")
Issue on Compliance of Rule 6 of CCR: CESTAT Sets aside Demand Order issued against Mahindra & Mahindra Ltd [Read Order]
The Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) set aside the demand order issued against Mahindra & Mahindra Ltd for non compliance of Rule 6 of the...
![Issue on Compliance of Rule 6 of CCR: CESTAT Sets aside Demand Order issued against Mahindra & Mahindra Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-CESTAT-Mumbai-Demand-Order-issued-against-Mahindra-Mahindra-Ltd.-Mahindra-Rule-6-of-CCR-taxscan.jpg "Issue on Compliance of Rule 6 of CCR: CESTAT Sets aside Demand Order issued against Mahindra & Mahindra Ltd [Read Order]")
'Source of Source' Requirement Restricted to Share Capital, Excludes Unsecured Loans and Applies Prospectively from AY 2023-24: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) clarified that the obligation to explain the "source of source" under Section 68 of the Income Tax Act, 1961, is restricted to credits...
![Source of Source Requirement Restricted to Share Capital, Excludes Unsecured Loans and Applies Prospectively from AY 2023-24: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Source-of-Loan-Requirement-Restricted-Requirement-Restricted-to-Share-Capital-Share-Capital-Excludes-Unsecured-Loans-Applies-Prospectively-ITAT-taxscan.jpg "Source of Source Requirement Restricted to Share Capital, Excludes Unsecured Loans and Applies Prospectively from AY 2023-24: ITAT [Read Order]")
Income Tax Rules Amendment 2025: New Conditions for Venture Capital Funds, Finance Companies in IFSCs, Retail Schemes, and ETFs [Read Notification]
The Ministry of Finance, through the Central Board of Direct Taxes ( CBDT ), has issued Notification No. 10/2025 dated January 27, 2025, announcing important amendments to the Income Tax Rules, 1962....
![Income Tax Rules Amendment 2025: New Conditions for Venture Capital Funds, Finance Companies in IFSCs, Retail Schemes, and ETFs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Rules-Income-Tax-Income-Tax-Rules-Amendment-2025-Income-Tax-Rules-Amendment-taxscan.jpg "Income Tax Rules Amendment 2025: New Conditions for Venture Capital Funds, Finance Companies in IFSCs, Retail Schemes, and ETFs [Read Notification]")
MCA Imposes Penalty on Private Limited Company and its Directors for Non-Filing of Financial Statements for 5 Consecutive years u/s 137(3) of Companies Act [Read Order]
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty was imposed on a private limited company and its directors for not filing...
Failure to Maintain Registered Office by Company: Penalty imposed by MCA on Company and Directors [Read Order]
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty of Rs. 4 lakhs was imposed on a private limited company and its directors for...
Chhagan Bhujbal's Agricultural Income under Scanner: ITAT directs AO to Verify Sales Records [Read Order]
Chhagan Bhujbal, a prominent politician from Maharashtra and a member of the 15th Legislative Assembly, is facing scrutiny over the agricultural income declared in his tax returns for the assessment...
![Chhagan Bhujbals Agricultural Income under Scanner: ITAT directs AO to Verify Sales Records [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Chhagan-Bhujbal-Agricultural-Income-Income-Tax-Appellate-Tribunal-Assessment-Officer-Sales-Records-Under-Scanner-taxscan.jpg "Chhagan Bhujbals Agricultural Income under Scanner: ITAT directs AO to Verify Sales Records [Read Order]")