![Interest Liability Under Rule 7 of Excise Rules Arise Only When Assessment Were Made Provisional After New Rules: CESTAT rules in favour of Cadbury India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-Excise-Rules-Cadbury-India-TAXSCAN.jpg "Interest Liability Under Rule 7 of Excise Rules Arise Only When Assessment Were Made Provisional After New Rules: CESTAT rules in favour of Cadbury India [Read Order]")
Interest Liability Under Rule 7 of Excise Rules Arise Only When Assessment Were Made Provisional After New Rules: CESTAT rules in favour of Cadbury India [Read Order]
As a relief to Cadbury India, the Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) has held that interest liability...
![Kerala High Court orders expedited review of stay Petition to Halt Enforcement of Contested VAT Assessments [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Kerala-High-Court-Orders-Kerala-High-Court-expedited-review-stay-Petition-VAT-Assessments-Halt-Enforcement-VAT-Assessments-taxscan.jpg "Kerala High Court orders expedited review of stay Petition to Halt Enforcement of Contested VAT Assessments [Read Order]")
Iron Content in Iron Ore Fines to be Calculated on Wet Metric Ton Basis for assessments before May 1, 2022, All Impurities Including Moisture Deducted for Customs Duty Determination: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata bench has held that the calculation of iron (Fe) content in iron ore fines for customs duty determination must be done on a...
Reopening of Assessments u/s 153A of Income Tax Act Unjustified if No Incriminating Material Linked to Undisclosed Income Discovered in Search: Patna HC [Read Order]
The High Court of Patna has held that the reopening of assessments under Section 153A of the Income Tax Act, 1961 is unjustified if no incriminating material linked to undisclosed income is...
![Reopening of Assessments u/s 153A of Income Tax Act Unjustified if No Incriminating Material Linked to Undisclosed Income Discovered in Search: Patna HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Reopening-of-Assessments-Income-Tax-Act-Unjustified-if-No-Incriminating-Material-Linked-to-Undisclosed-Income-Discovered-in-Search-Patna-HC-TAXSCAN.jpg "Reopening of Assessments u/s 153A of Income Tax Act Unjustified if No Incriminating Material Linked to Undisclosed Income Discovered in Search: Patna HC [Read Order]")
No Reassessment Proceedings shall Conducted on Completed/unabated Assessments if no Incriminating Material Found During Search: Supreme Court [Read Judgement]
The Supreme Court bench, consisting of Justice C.T. Ravikumar and Justice Manoj Misra, declared that if no evidence indicating wrongdoing is discovered during the search, reassessment proceedings...
From Direct Entry Scheme to Skill based Assessments: Central Govt. approves ICAI new Syllabus for CA Students
According to sources, the law ministry has approved the new syllabus proposed by Institute of Chartered Accountants of India (ICAI) for the Chartered Accountancy - CA Foundation, CA Intermediate and...
![ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Assessments-Notices-Invalid-Notices-Income-Tax-Act-Income-Tax-Tax-Taxscan-.jpg "ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]")