![ITAT orders fresh hearing for Ex Parte dismissal of Agricultural Income Tax case [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063723-agricultural-income-tax-case-taxscan.webp "ITAT orders fresh hearing for Ex Parte dismissal of Agricultural Income Tax case [Read Order]")
ITAT orders fresh hearing for Ex Parte dismissal of Agricultural Income Tax case [Read Order]
The Cochin bench of Income Tax Appellate Tribunal directed a fresh hearing for an ex parte agricultural income for the year 2020-2021 and the appeal...
![GST ITC Reversal: Madras High Court Applies Section 16(5) Relief, Orders Refund to Business Proprietor [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063746-madras-high-court-gst-itc-business-proprietor-taxscan.webp "GST ITC Reversal: Madras High Court Applies Section 16(5) Relief, Orders Refund to Business Proprietor [Read Order]")
![NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063724-no-appeal-under-section-61-filed-against-an-order-nclat-not-covered-by-part-ii-of-i-b-code-part-ii-of-i-b-code-taxscan-2.webp "NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]")
![Deduction Claim on Unpaid Ad-hoc Bonus from AY 1984-85: Bombay HC Quashes ₹12L Income Tax Penalty from 2002 ITAT Order citing Plausibility [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063729-deduction-deduction-claim-deduction-claim-on-unpaid-ad-hoc-bonus-ad-hoc-bonus-taxscan.webp "Deduction Claim on Unpaid Ad-hoc Bonus from AY 1984-85: Bombay HC Quashes ₹12L Income Tax Penalty from 2002 ITAT Order citing Plausibility [Read Order]")
Patna HC Refuses to Interfere in GST Dispute Under Writ Jurisdiction, Cites Availability of Statutory Appeal Before Tribunal [Read Order]
The Patna High Court refused to interfere in the GST dispute under writ jurisdiction, citing the availability of a statutory appeal before the tribunal, as the bench did not find scope of...
![Patna HC Refuses to Interfere in GST Dispute Under Writ Jurisdiction, Cites Availability of Statutory Appeal Before Tribunal [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063713-patna-hc-patna-hc-refuses-to-interfere-patna-hc-refuses-to-interfere-in-gst-dispute-taxscan.webp "Patna HC Refuses to Interfere in GST Dispute Under Writ Jurisdiction, Cites Availability of Statutory Appeal Before Tribunal [Read Order]")
Delhi HC Stays ₹1,140 Crore Angel Tax Demand Against OYO, Offering Temporary Relief Ahead of IPO Plans
In a recent development, the Delhi High Court stayed a Rs. 1,140 crore angel tax demand raised by the Income Tax Department against Oravel Stays Pvt. Ltd, the parent company of travel tech firm OYO,...
Jane Street deposits ₹4,843 Crores to Escrow Account with SEBI Lien in Alleged BANKNIFTY Manipulation Case [Read Press Release]
The Securities andExchange Board of India (SEBI) has issued an update on the Jane Street market manipulation issue involving a ginormous ₹36,500 crore. Consequent to the proceedings and an interim...
![Jane Street deposits ₹4,843 Crores to Escrow Account with SEBI Lien in Alleged BANKNIFTY Manipulation Case [Read Press Release]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063718-jane-street-sebi.webp "Jane Street deposits ₹4,843 Crores to Escrow Account with SEBI Lien in Alleged BANKNIFTY Manipulation Case [Read Press Release]")
![No GST Exemption for School Bus Services Paid Directly By Parents: AAAR [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063707-gst-exemption-school-bus-services-school-bus-taxscan.webp "No GST Exemption for School Bus Services Paid Directly By Parents: AAAR [Read Order]")
GSTN Clarifies GSTR-1 Filing for B2C Supplies: Table 12B Not Mandatory, Dummy Entry Required in Table 12A
The Goods and Services Tax Network (GSTN) issued a clarification to help taxpayers filing GSTR-1 returns for B2C (Business-to-Consumer) supplies. This clarification addresses confusion and technical...
