Finance Ministry updates Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold, Silver, and Areca Nuts [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) under the Ministry of Finance issued Notification No. 88/2024-Customs (N.T.) dated December...
![Service Tax not applicable on extraction of Iron Ore from leased mines: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Service-Tadax-leased-mines-CESTAT-Bangalore-Section-65-Tax-not-applicable-extraction-of-Iron-Ore-taxscan.jpg "Service Tax not applicable on extraction of Iron Ore from leased mines: CESTAT [Read Order]")
![Disallowance of Rs.25.85 Lakh Purchases due to Lack of Documentation: ITAT reduces Addition to 12.5% [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Purchases-Due-Purchases-Due-to-Lack-of-Documentation-Lack-of-Documentation-Reduces-Addition-ITAT-Surat-taxscan.jpg "Disallowance of Rs.25.85 Lakh Purchases due to Lack of Documentation: ITAT reduces Addition to 12.5% [Read Order]")
CIT(E) Rejects Trust's Registration over limited review of objectives: ITAT orders Fresh Consideration [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) ordered fresh consideration of an application for registration under Section 12AB of the Income Tax Act,1961, following the rejection of...
![CIT(E) Rejects Trusts Registration over limited review of objectives: ITAT orders Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Surat-Trusts-Registration-ITAT-Orders-Taxscan.jpg "CIT(E) Rejects Trusts Registration over limited review of objectives: ITAT orders Fresh Consideration [Read Order]")
MCA Extends CSR-2 Filing Deadline till March 31, 2025: Second Amendment to Companies (Accounts) Rules, 2024 [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has issued Notification No. G.S.R. 794(E), dated December 31, 2024, announcing an extension of the CSR-2 filing deadline. Companies now have until March 31,...
Foreign Contribution (Regulation) Rules, 2011 Amendment lets Carry Forward of Unspent Allowable Administrative Expenses [Read Notification]
The Ministry of Home Affairs has released a new Notification dated 31.12.2024 promulgating numerous amendments to the Foreign Contribution (Regulation) Rules, 2011, providing relevant associations...
CIRP Application cannot be Withdrawn without Application Filed by Applicant who Initiates Section 7 Application: NCLAT
The New Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) in its recent ruling has held that CIRP cannot be withdrawn without application filed by applicant who initiates section 7...
![PCITs Rejection of Refund Claim and Rectification Application: ITAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/PCIT-ITAT-ITAT-Dismisses-Appeal-Income-Tax-Appellate-Tribunal-Surat-Bench-of-Income-Tax-Appellate-Tribunal-National-Faceless-Appeal-Centre-Income-tax-Income-tax-news-Taxscan.jpg "PCITs Rejection of Refund Claim and Rectification Application: ITAT Dismisses Appeal [Read Order]")
GST: CBIC Clarifies ITC Eligibility for Goods Delivered Under Ex-Works Contracts as per 16(2)(b) of CGST Act [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ), under the Ministry of Finance, issued Circular No. 241/35/2024-GST dated December 31, 2024, to provide clarity on the eligibility of Input...
![GST: CBIC Clarifies ITC Eligibility for Goods Delivered Under Ex-Works Contracts as per 16(2)(b) of CGST Act [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/01/GST-Goods-Delivered-Under-Ex-Works-CBIC-CBIC-Clarifies-ITC-Eligibility-ITC-Eligibility-ITC-taxscan.jpg "GST: CBIC Clarifies ITC Eligibility for Goods Delivered Under Ex-Works Contracts as per 16(2)(b) of CGST Act [Read Circular]")
![Loading Activities in Mining Area does not Qualify as Cargo Handling Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-Delhi-Cargo-Handling-Services-Mining-Area-Taxscan.jpg "Loading Activities in Mining Area does not Qualify as Cargo Handling Services: CESTAT [Read Order]")