![Reassessment Beyond Four Years Invalid Without New Tangible Material: Bombay HC Quashes Section 148 Notices to BPCL [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/500x300_2101195-reassessment-tangible-material-bombay-hc-bombay-hc-quashes-bpcl-taxscan.webp "Reassessment Beyond Four Years Invalid Without New Tangible Material: Bombay HC Quashes Section 148 Notices to BPCL [Read Order]")
Reassessment Beyond Four Years Invalid Without New Tangible Material: Bombay HC Quashes Section 148 Notices to BPCL [Read Order]
The Bombay High Court, in a recent decision, has ruled that reassessment proceedings initiated against Bharat Petroleum Corporation Ltd. (BPCL) for...
![CBIC Notifies Customs Duty and AIDC for Import of Yellow Peas [Read Notification]](https://images.taxscan.in/h-upload/2025/10/30/250x150_2101080-cbic-customs-duty-customs-duty-and-aidc-import-of-yellow-peas-taxscan-.webp "CBIC Notifies Customs Duty and AIDC for Import of Yellow Peas [Read Notification]")
Kerala HC Affirms S 263 Order citing Assessing Officer's Failure to Adjudicate on 'Slump Sale' [Read Order]
The Kerala High Court has affirmed a revision order under Section 263 of the Income Tax Act, holding that the Assessing Officer's failure to properly adjudicate whether a transaction constituted a...
![Kerala HC Affirms S 263 Order citing Assessing Officers Failure to Adjudicate on Slump Sale [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2101070-kerala-high-court-assessing-officer-slump-sale-taxscan.webp "Kerala HC Affirms S 263 Order citing Assessing Officers Failure to Adjudicate on Slump Sale [Read Order]")
Toll Payments get Complicated with "KYV" Requirements: All You Need to Know About the New FASTag KYC-like Compliance Rule
If recurring KYC verifications for bank accounts weren’t enough, Indian vehicle owners now have a fresh compliance headache to deal with the Know Your Vehicle (KYV) mandate. Rolled out as a...
No ITC of Cess on Electricity Supplied Outside Factory: Chhattisgarh HC Says External or Ancillary Use Not Business-Linked [Read Order]
In a recent ruling, the Chhattisgarh High Court held that ITC ( Input Tax Credit ) of Compensation Cess under Goods and Services Tax ( GST ) is not admissible on electricity supplied outside the...
![No ITC of Cess on Electricity Supplied Outside Factory: Chhattisgarh HC Says External or Ancillary Use Not Business-Linked [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2101003-chhattisgarh-high-court-electricity-supplied-outside-factory-taxscan.webp "No ITC of Cess on Electricity Supplied Outside Factory: Chhattisgarh HC Says External or Ancillary Use Not Business-Linked [Read Order]")
VAT Tribunal must Consider all Grounds Raised By Dealer: Gujarat HC Remands Assessment Matter [Read Order]
In a recent decision, the Gujarat High Court observed that the VAT Tribunal must consider all grounds raised by a dealer before passing its order, and that failure to do so amounts to a violation of...
![VAT Tribunal must Consider all Grounds Raised By Dealer: Gujarat HC Remands Assessment Matter [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2100951-vat-hc-order-taxscan.webp "VAT Tribunal must Consider all Grounds Raised By Dealer: Gujarat HC Remands Assessment Matter [Read Order]")
