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India–Oman FTA Poised to Transform Bilateral Trade: Goyal Highlights New Opportunities as Investments Cross USD 5 Billion
India and Oman are preparing to elevate their long‑standing economic partnership through a forthcoming Free Trade Agreement (FTA) that both sides...
![Mis-declaration Not Proved: CESTAT Rules Scrap Classification Alone Cannot Trigger Penal Action in Customs Valuation Disputes [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/250x150_2108590-cestat-taxscan.jfif "Mis-declaration Not Proved: CESTAT Rules Scrap Classification Alone Cannot Trigger Penal Action in Customs Valuation Disputes [Read Order]")
Onus is on Income Tax Dept to bring Corroborative Material to Tax Amount credited in Foreign Bank Account of NRI: ITAT [Read Order]
The Ahmadabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that onus is on Income Tax Department, to bring corroborative material to tax amount credited in foreign bank account of...
![Onus is on Income Tax Dept to bring Corroborative Material to Tax Amount credited in Foreign Bank Account of NRI: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/NRI-taxation-and-foreign-bank-account-NRI-tax-liability-in-foreign-bank-account-income-tax-Foreign-Bank-Account-of-NRI-taxscan.jpg "Onus is on Income Tax Dept to bring Corroborative Material to Tax Amount credited in Foreign Bank Account of NRI: ITAT [Read Order]")
Relief to Reliance Industries: Delhi HC holds 2.3 Billion USD Arbitral Award Claim against RIL 'Unenforceable' [Read Order]
The Delhi High Court has recently held, in favour of the Reliance Industries Limited, that the 2.3 Million US Dollar arbitral award claim against Reliance raised in an execution petition by the...
CESTAT sets aside Rejection on ground of Time-bar and Premature Refund Claim, directs Readjudication [Read Order]
The Customs Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench directed re adjudication and set aside rejection on ground of time-bar and premature refund claim. The appellant M/s...
![CESTAT sets aside Rejection on ground of Time-bar and Premature Refund Claim, directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/CESTAT-Refund-Claim-Readjudication-TAXSCAN.jpg "CESTAT sets aside Rejection on ground of Time-bar and Premature Refund Claim, directs Readjudication [Read Order]")
![Loss due to Currency Fluctuation is Capital Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Business-Loss-Taxscan.jpg "Loss due to Currency Fluctuation is Capital Loss: ITAT [Read Order]")