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...
![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]")
![CIT(A) fails to exclude COVID-19 period for Calculating Limitation: ITAT directs Recalculation of 90-Day limit starting from October 3, 2021 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/COVID-19-ITAT-ITAT-directs-recalculation-taxscan.jpg "CIT(A) fails to exclude COVID-19 period for Calculating Limitation: ITAT directs Recalculation of 90-Day limit starting from October 3, 2021 [Read Order]")
Supreme Court quashes FIR against Ex-Excise Commissioner on Disproportionate Assets held from 1996 to 2020, Observes Change in Economy [Read Judgement]
In a recent judgment, the Supreme Court of India recently quashed a First Information Report ( FIR ) lodged against a former Excise Commissioner accused of possessing disproportionate assets from...
![Supreme Court quashes FIR against Ex-Excise Commissioner on Disproportionate Assets held from 1996 to 2020, Observes Change in Economy [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/01/Supreme-Court-Supreme-Court-of-India-FIR-against-Ex-Excise-Commissioner-Change-in-Economy-taxscan.jpg "Supreme Court quashes FIR against Ex-Excise Commissioner on Disproportionate Assets held from 1996 to 2020, Observes Change in Economy [Read Judgement]")
![[BREAKING] No Hard-Locking of Auto Populated GSTR-3B Values for Now in GST Portal: GSTN Advisory](https://www.taxscan.in/wp-content/uploads/2025/01/GST-Portal-GSTN-GSTR-3B-STR-3B-Values-for-Now-in-GST-Portal-Taxscan.jpg "[BREAKING] No Hard-Locking of Auto Populated GSTR-3B Values for Now in GST Portal: GSTN Advisory")
CPC Assessed Income under New Regime via Form 10IE: ITAT sets aside Order as Return Filed under Old Regime, Conditions of S. 115 BAC Not Fully Met [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the assessment order which was assessed under the new regime citing that the return was filed under the new regime and conditions...
![CPC Assessed Income under New Regime via Form 10IE: ITAT sets aside Order as Return Filed under Old Regime, Conditions of S. 115 BAC Not Fully Met [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Pune-CPC-Assessed-Income-Income-CPC-New-Regime-via-Form-10IE-Form-10IE-taxscan.jpg "CPC Assessed Income under New Regime via Form 10IE: ITAT sets aside Order as Return Filed under Old Regime, Conditions of S. 115 BAC Not Fully Met [Read Order]")
Setback to Tiger Global in Flipkart Deal: Supreme Court stays DTAA Benefits, says 'Through Consideration Required’ [Read Judgement]
The latest decision that has been passed by the apex court has stayed the Double Tax Avoidance Agreement ( DTAA ) benefits granted by the Delhi High Court, which has caused a setback to Tiger Global...
Himachal Pradesh HC Admits Petition Challenging Eligibility Conditions for GSTAT Technical Member [Read Order]
The Himachal Pradesh High Court has admitted a petition challenging the eligibility conditions for the appointment of a Technical Member in the Goods and Services Tax Appellate Tribunal (GSTAT). ...
![Himachal Pradesh HC Admits Petition Challenging Eligibility Conditions for GSTAT Technical Member [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Himachal-Pradesh-HC-Himachal-Pradesh-HC-Admits-Petition-Challenging-Petition-Challenging-Eligibility-Eligibility-Conditions-GSTAT-Technical-Member-taxscan.jpg "Himachal Pradesh HC Admits Petition Challenging Eligibility Conditions for GSTAT Technical Member [Read Order]")
![Penalty u/s 271(1)(c) for Unexplained Cash Deposits: ITAT restores matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Agra-Unexplained-Cash-Deposits-Income-Tax-section-2711c-of-Income-Tax-Act-TAXSCAN.jpg "Penalty u/s 271(1)(c) for Unexplained Cash Deposits: ITAT restores matter to AO [Read Order]")