DGFT Notifies Updated Export Policy in Sync with Finance Act 2024 [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has issued a notification to update Schedule-II (Export Policy) of ITC(HS) 2022, syncing it with...
![Income Tax Annual Digest 2024: ITAT Cases [Part 31]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-ITAT-Cases-Income-Tax-Cases-Part-31-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 31]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 30]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-ITAT-Cases-Part-30-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 30]")
![ITAT quashes Rs.6.99 Crore Presumptive Addition on Share Transfer due to lack of evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Share-Transfer-ITAT-Presumptive-Addition-taxscan.jpg "ITAT quashes Rs.6.99 Crore Presumptive Addition on Share Transfer due to lack of evidence [Read Order]")
![Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Shapoorji-Pallonji-Andhra-Pradesh-HC-GST-Refund-TDS-Electronic-Cash-Ledger-taxscan.jpg "Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]")
Applicability of S.68 to CSR Funds: ITAT Rules Addition Unjustified as Identity and Genuineness Proven [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) ruled that Section 68 of Income Tax Act,1961 did not apply to Corporate Social Responsibility (CSR) funds received by the assessee and...
![Applicability of S.68 to CSR Funds: ITAT Rules Addition Unjustified as Identity and Genuineness Proven [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CSR-Funds-ITAT-Rules-ITAT-Ahmedabad-ITAT-Income-Tax-Act-Section-68-Corporate-Social-Responsibility-Income-Tax-Income-Tax-Appellate-Tribunal-taxscan.jpg "Applicability of S.68 to CSR Funds: ITAT Rules Addition Unjustified as Identity and Genuineness Proven [Read Order]")
Con Banega Crorepati?! Incarcerated Sukesh Chandrashekhar writes to FM offering to pay Income Tax of ₹7,640 Crore
Alleged Conman Sukesh Chandrashekhar has come clean in a tell-all letter addressed to Finance Minister Nirmala Sitharaman, offering to pay income tax on his global income of ₹22,410 Crore acquired...
Addition of ₹20.44 Lakh as Unexplained Cash Deposits During Demonetization: ITAT Directs Fresh Adjudication [Read Order]
The Agra Bench of Income Tax Appellate Tribunal(ITAT) set aside the Commissioner of Income Tax(Appeals)[CIT(A)] order and directed for fresh adjudication regarding the addition of ₹20.44 lakh as...
![Addition of ₹20.44 Lakh as Unexplained Cash Deposits During Demonetization: ITAT Directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Unexplained-Cash-Deposits-ITAT-Commissioner-of-Income-Tax-Specified-Financial-Transactions-demonetization-period-demonetized-currency-Demonetization-SFT-Income-Tax-Returns-Taxscan.jpg "Addition of ₹20.44 Lakh as Unexplained Cash Deposits During Demonetization: ITAT Directs Fresh Adjudication [Read Order]")
Eviction of Tenant from Corporate Debtor's Property Cannot be Sought Under u/s 60(5) of IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) has held that eviction of tenant from the property of corporate debtor can only be sought under the Act in which tenancy was...
No Disqualification of Village Panchayat Member merely on Non-Payment and Arrears of Tax: Bombay HC [Read Order]
The Bombay High Court recently granted relief to a village panchayat member, observing that no disqualification under Section 41(1)(h) of the Maharashtra Village Panchayats Act, 1959 may be initiated...
