![ITAT quashes Reassessment Due to Vague Reasons and Lack of Jurisdiction for New Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Quashes-Reassessment-Due-Vague-Reasons-and-Lack-of-Jurisdiction-Lack-of-Jurisdiction-Lack-of-Jurisdiction-for-New-Additions-Jurisdiction-for-New-Additions-taxscan.jpg "ITAT quashes Reassessment Due to Vague Reasons and Lack of Jurisdiction for New Additions [Read Order]")
ITAT quashes Reassessment Due to Vague Reasons and Lack of Jurisdiction for New Additions [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal(ITAT) quashed the reassessment of the assessee for Assessment Year 2010-11, citing vague reasons...
![Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Pending-Arbitration-Prohibit-Financial-Creditors-Financial-Creditors-dispute-even-Pending-Arbitration-avail-remedy-section-7-of-IBC-IBC-taxscan.jpg "Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]")
![Disallowance of Expenses u/s 14A: ITAT Allows Appeal Due to No Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Mumbai-ITAT-Allows-Appeal-Due-Exempt-Income-Taxscan.jpg "Disallowance of Expenses u/s 14A: ITAT Allows Appeal Due to No Exempt Income [Read Order]")
![GST SCN citing No Business at Premises conflicts with Physical Verification Report: Delhi HC quashes GST Registration Cancellation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/GST-SCN-citing-GST-Business-at-Premises-conflicts-Physical-Verification-Report-Physical-Verification-Delhi-HC-quashes-Delhi-HC-GST-Registration-Cancellation-taxscan.jpg "GST SCN citing No Business at Premises conflicts with Physical Verification Report: Delhi HC quashes GST Registration Cancellation [Read Order]")
![No Cancellation of GST Registration on mere Allegation without providing Reasoning to Aggrieved Business: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-GST-Registration-GST-taxscan.jpg "No Cancellation of GST Registration on mere Allegation without providing Reasoning to Aggrieved Business: Delhi HC [Read Order]")
Cross-Examination not Absolute Right in Customs Cases, But Necessary for Fair Trial in Certain Circumstances: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that while cross-examination is not an absolute right in customs adjudication, it becomes necessary in cases where statements of co-accused form the...
![Cross-Examination not Absolute Right in Customs Cases, But Necessary for Fair Trial in Certain Circumstances: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Cross-Examination-Right-in-Customs-Cases-Customs-Cases-Necessary-for-Fair-Trial-Certain-Circumstances-Delhi-HC-Circumstances-Customs-taxscan.jpg "Cross-Examination not Absolute Right in Customs Cases, But Necessary for Fair Trial in Certain Circumstances: Delhi HC [Read Order]")
Delhi HC upholds Constitutionality of S. 132 Companies and NFRA Rules in Challenge by CA Firms, quashes SCNs [Read Order]
The Delhi High Court recently rejected a challenge to the constitutional validity of Section 132(4) of the Companies Act, 2013, and Rules 3, 8, 10, and 11 of the National Financial Reporting...
![85% of Unaccounted Cash Receipts as Income: ITAT Directs AO to Tax based on Net Profit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-Net-Profit-Tax-Based-on-Net-Profit-Taxscan.jpg "85% of Unaccounted Cash Receipts as Income: ITAT Directs AO to Tax based on Net Profit [Read Order]")
![Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-ITAT-ITAT-Order-Goodwill-License-Taxscan.jpg "Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]")
“Personal Effects” u/s 2(vi) of Baggage Rules cannot exclude Personal Jewelry or Ornaments: Delhi HC [Read Order]
The Delhi High Court recently noted that 3 gold bangles would have been worn by the petitioner as a part of her personal effects, and there was no requirement to declare the same. The writ...
![“Personal Effects” u/s 2(vi) of Baggage Rules cannot exclude Personal Jewelry or Ornaments: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-Jewelry-Ornaments-Taxscan.jpg "“Personal Effects” u/s 2(vi) of Baggage Rules cannot exclude Personal Jewelry or Ornaments: Delhi HC [Read Order]")
Court Cannot Condone Delay in Filing of Appeal Beyond Timeline u/s 107(1) and 107(4) CGST Act: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court ruled that the statutory timeline for filing an appeal, as provided under Section 107(1) and the additional one-month condonable period under Section 107(4),...
![Court Cannot Condone Delay in Filing of Appeal Beyond Timeline u/s 107(1) and 107(4) CGST Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-CGST-CGST-Act-Taxscan-.jpg "Court Cannot Condone Delay in Filing of Appeal Beyond Timeline u/s 107(1) and 107(4) CGST Act: Delhi HC [Read Order]")
Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]
In a recent case, the Delhi High Court has held that the fees paid by IPR law firm Remfry & Sagar to acquire the goodwill of the founder is a business expense and are deductible under Section 37...
![Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Remfry-Sagar-Delhi-High-Court-Income-Tax-Act-taxscan.jpg "Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]")