![Bombay High Court to Decide: Should Donuts Be Taxed at 5% or 18% GST? [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/dounts-GST.jpg "Bombay High Court to Decide: Should Donuts Be Taxed at 5% or 18% GST? [Read Order]")
Bombay High Court to Decide: Should Donuts Be Taxed at 5% or 18% GST? [Read Order]
The Bombay High Court is set to decide whether donuts should be taxed at 5% or 18% under the Goods and Services Tax (GST) regime, a case that could...
![Addition of Unexplained Share Application Money and Expenditure: ITAT Upholds Deletion by CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Money-and-Expenditure.jpg "Addition of Unexplained Share Application Money and Expenditure: ITAT Upholds Deletion by CIT(A) [Read Order]")
![Unexplained Investment Addition of ₹96.99 Lakh: ITAT Remands Matter to AO for Fresh Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/unexplained-investment.jpg "Unexplained Investment Addition of ₹96.99 Lakh: ITAT Remands Matter to AO for Fresh Examination [Read Order]")
![Reassessment without Reasons to Believe: ITAT Restores Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Reassessment.jpg "Reassessment without Reasons to Believe: ITAT Restores Matter to CIT(A) [Read Order]")
Kannada Actress Ranya Rao Arrested for Smuggling ₹12.56 Crore Worth of Gold at Bengaluru Airport
Kannada actress Ranya Rao was arrested at Bengaluru's Kempegowda International Airport for attempting to illegally bring in a staggering 14.2 kilograms of gold worth Rs. 12.56 crore. The Directorate...
Discrepancy in Opening Balance of Furniture and Fittings: ITAT Remands Matter to AO for Verification [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal (ITAT) remanded the matter to the Assessing Officer (AO) for verification after noting a discrepancy in the opening balance of furniture and...
![Discrepancy in Opening Balance of Furniture and Fittings: ITAT Remands Matter to AO for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/opening-balance.jpg "Discrepancy in Opening Balance of Furniture and Fittings: ITAT Remands Matter to AO for Verification [Read Order]")
Relief to General Electric: Delhi HC Quashes Income Tax Reassessment Noting Lack of Material Evidence and Mere Reliance on Past Surveys [Read Order]
The Delhi High Court has quashed the reassessment proceedings initiated against GE Grid (Switzerland) GmbH, a subsidiary of General Electric (GE), ruling that the Income Tax Department failed to...
![Relief to General Electric: Delhi HC Quashes Income Tax Reassessment Noting Lack of Material Evidence and Mere Reliance on Past Surveys [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Delhi-High-court-Relief-to-General-Electric-Income-Tax-Reassessment-TAXSCAN.jpg "Relief to General Electric: Delhi HC Quashes Income Tax Reassessment Noting Lack of Material Evidence and Mere Reliance on Past Surveys [Read Order]")
AO Denies Immunity from Penalty for Late Filing of Form 28: ITAT Restores Matter as CIT(A) fails to decide on merits [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter, stating that the Commissioner of Income Tax (Appeals) [CIT(A)] failed to decide the immunity application regarding...
![AO Denies Immunity from Penalty for Late Filing of Form 28: ITAT Restores Matter as CIT(A) fails to decide on merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Cochin-Form-28-Penalty-for-Late-Filing-of-Form-28-TAXSCAN.jpg "AO Denies Immunity from Penalty for Late Filing of Form 28: ITAT Restores Matter as CIT(A) fails to decide on merits [Read Order]")
![DGFT restricts Import of Platinum under HS Code 7110, Except for 99% Pure Alloys [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/DGFT-DGFT-restricts-Import-of-Platinum-Platinum-import-restriction-DGFT-TAXSCAN.png "DGFT restricts Import of Platinum under HS Code 7110, Except for 99% Pure Alloys [Read Notification]")