DGFT extends Free Import Policy for Pigeon Peas for 1 Year [Read Notification]
The Ministry of Commerce & Industry, through its Directorate General of Foreign Trade (DGFT), has issued Notification No. 51/2024-25 dated...
![CBDT clears Implementation Difficulties Faced under Income Tax Direct Tax Vivad Se Vishwas Scheme, 2024 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CBDT-CBDT-clears-Implementation-Implementation-Difficulties-faced-under-Income-Tax-Direct-Income-Tax-Direct-Tax-Vivad-Se-Vishwas-Scheme-taxscan.jpg "CBDT clears Implementation Difficulties Faced under Income Tax Direct Tax Vivad Se Vishwas Scheme, 2024 [Read Order]")
![Delay in filing appeal due to pending cases in civil courts and financial struggle: ITAT condones 180 days delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/TAT-condones-delay-ITAT-Pune-Appeal-delay-due-to-civil-court-cases-ITAT-lenient-on-delay-Delay-condonation-petition-taxscan.jpg "Delay in filing appeal due to pending cases in civil courts and financial struggle: ITAT condones 180 days delay [Read Order]")
![Price not Sole Sale Consideration: Supreme Court axes Excise Duty Demands against BPCL [Read judgement]](https://www.taxscan.in/wp-content/uploads/2025/01/Price-not-Sole-Sale-Sole-Sale-Sole-Sale-Consideration-Consideration-Supreme-Court-Excise-Duty-Excise-Duty-Demands-BPCL-taxscan.jpg "Price not Sole Sale Consideration: Supreme Court axes Excise Duty Demands against BPCL [Read judgement]")
“Been sitting at the Laxmi Nagar Income Tax Office, Delhi…..and there’s no sign of staff or officers” Distressed CA posts on X
A post published by Chartered Accountant ( CA ) Sanjay Sharma highlights the sad state of affairs at the Laxmi Nagar Income Tax Office, Delhi wherein the CA was kept waiting for the concerned staff...
Non-Appearance Due to Accounts Team Employee's Exit from Company: ITAT Imposes ₹5,000 Penalty and Remands Matter [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) remanded matters to the Commissioner of Income Tax (appeals)[CIT(A)] considering that the non-appearance was due to employees' exit and...
![Non-Appearance Due to Accounts Team Employees Exit from Company: ITAT Imposes ₹5,000 Penalty and Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Mumbai-income-tax-news-Income-tax-Taxscan.jpg "Non-Appearance Due to Accounts Team Employees Exit from Company: ITAT Imposes ₹5,000 Penalty and Remands Matter [Read Order]")
AO Partially Disallows Property Improvement Costs; ITAT Allows Full Deduction, Accepting Architect's Valuation [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) overturned the partial disallowance of property improvement costs claimed by the assessee, directing full allowance based on the...
![AO Partially Disallows Property Improvement Costs; ITAT Allows Full Deduction, Accepting Architects Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/AO-ITAT-ITAT-Allows-Full-Deduction-Architects-Valuation-Income-tax-news-Income-tax-ITAT-news-calculation-of-Long-Term-Capital-Gains-Assessing-Officer-architects-valuation-certificate-Taxscan.jpg "AO Partially Disallows Property Improvement Costs; ITAT Allows Full Deduction, Accepting Architects Valuation [Read Order]")
![Implementation of Govt Projects not exigible to Service Tax: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Calcutta-high-court-Service-Tax-Implementation-Taxscan.jpg "Implementation of Govt Projects not exigible to Service Tax: Calcutta HC [Read Order]")
No Penalty Imposable u/s 16(7) HP VAT Act w/o Contravention of 16(4): Himachal Pradesh HC [Read Order]
The Himachal Pradesh High Court has ruled that the penalty provision under Section 16(7) of the Himachal Pradesh Value Added Tax (HP VAT) Act, 2005, cannot be applied unless the statutory authority...
