Seized Documents From Group Companies Justify Coordinated Investigation: Madras HC Upholds Transfer u/s 127 of the ITA [Read Order]
The High Court of Madras,ruled that seized documents from group entities justified the transfer of assessment cases under Section 127 of the Income...
![Paper Importer Claims Customs Duty Exemption Using Forged Scrips: CESTAT Upholds ₹65.42 Lakh Duty Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Paper-import-duty.jpg "Paper Importer Claims Customs Duty Exemption Using Forged Scrips: CESTAT Upholds ₹65.42 Lakh Duty Demand [Read Order]")
![Supplies Amid Imports and IGST over Inter-State Trade & Supplies have similar Tax Rate: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Supply-of-goods-CESTAT-similar-Tax-Rate-taxscan.jpg "Supplies Amid Imports and IGST over Inter-State Trade & Supplies have similar Tax Rate: CESTAT [Read Order]")
![Supreme Court & High Courts Weekly Round-up [April 5th to April 11th,2025]](https://www.taxscan.in/wp-content/uploads/2025/04/Weekly-Round-up-High-Courts-Supreme-Court-taxscan.jpg "Supreme Court & High Courts Weekly Round-up [April 5th to April 11th,2025]")
No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]
The Supreme Court of India ruled that bail under Section 447 of the Companies Act, 2013, which deals with corporate fraud, cannot be granted unless the twin conditions prescribed under Section 212(6)...
![No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/corporate-fraud.jpg "No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]")
Supreme Court Probes Customs Officer’s Locus Standi to file PIL against Abhishek Banerjee’s Wife on 2019 Incident [Read Judgement]
The Supreme Court recently dismissed a Public Interest Litigation (PIL) filed by customs officer Raj Kumar Barthwal, who had sought an investigation into an incident from 2019 at the Kolkata airport...
![Supreme Court Probes Customs Officer’s Locus Standi to file PIL against Abhishek Banerjee’s Wife on 2019 Incident [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/suprem-court.jpg "Supreme Court Probes Customs Officer’s Locus Standi to file PIL against Abhishek Banerjee’s Wife on 2019 Incident [Read Judgement]")
Verified Share Transactions with DEMAT Statements cannot be Treated as Bogus Income without Concrete Proof: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that share transactions backed by DEMAT statements and executed through stock exchanges cannot be treated as bogus income without...
![Verified Share Transactions with DEMAT Statements cannot be Treated as Bogus Income without Concrete Proof: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/DEMAT.jpg "Verified Share Transactions with DEMAT Statements cannot be Treated as Bogus Income without Concrete Proof: ITAT [Read Order]")