![Non Disclosure of Funds Routed through Tax Havens: Bombay HC upholds Income Tax Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/incometax-reassessment-proceedings-TAXSCAN.jpg "Non Disclosure of Funds Routed through Tax Havens: Bombay HC upholds Income Tax Reassessment Proceedings [Read Order]")
Non Disclosure of Funds Routed through Tax Havens: Bombay HC upholds Income Tax Reassessment Proceedings [Read Order]
The Bombay High Court ruled that the petitioner had not given all relevant information required for the tax assessment and that the roundabout...
![Mortgagee Bank cannot Seek Exclusion of Property from Resolution Plan Approved by Unit Holders Having Conveyance Deeds: NCLAT Dismisses Appeal of HDFC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/HDFC-Bank.webp "Mortgagee Bank cannot Seek Exclusion of Property from Resolution Plan Approved by Unit Holders Having Conveyance Deeds: NCLAT Dismisses Appeal of HDFC [Read Order]")
![Non-Consideration of evidence in Reassessment: Madras HC Directs Petitioner to Seek Appellate Remedy [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Madras-High-Court-Petitioner-Reassessment-taxscan.jpg "Non-Consideration of evidence in Reassessment: Madras HC Directs Petitioner to Seek Appellate Remedy [Read Order]")
CESTAT grants Relief to HDFC by allowing Cenvat Credit on Brokerage/Commission Paid for SLR Maintenance Citing Statutory Obligation [Read Order]
The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) granted relief to M/s. HDFC Ltd. by allowing Cenvat credit on the brokerage/commission paid for underwriting...
![CESTAT grants Relief to HDFC by allowing Cenvat Credit on Brokerage/Commission Paid for SLR Maintenance Citing Statutory Obligation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Mumbai-Customs-Cenvat-Credit-HDFC-TAXSCAN.jpg "CESTAT grants Relief to HDFC by allowing Cenvat Credit on Brokerage/Commission Paid for SLR Maintenance Citing Statutory Obligation [Read Order]")
ITAT Partially upholds Addition of Rs.79.35 Lakh as Unexplained Investment, grants Time for Further Documentation [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) partially upheld the addition of RS.79.35 lakh as unexplained investment related to the property purchase made by the assessee and...
![ITAT Partially upholds Addition of Rs.79.35 Lakh as Unexplained Investment, grants Time for Further Documentation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-TAXSCAN.jpg "ITAT Partially upholds Addition of Rs.79.35 Lakh as Unexplained Investment, grants Time for Further Documentation [Read Order]")
AO made S.69 Income Tax Addition based on Mere Suspicion: ITAT deletes Rs.2.25 Crore Addition [Read Order]
Recently, the Income Tax Appellate Tribunal ( ITAT ) recently set aside an addition of Rs. 2.25 crore made by the Assessing Officer ( AO ) against one assessee/appellant, Tirupati Jewels, New Delhi,...
![AO made S.69 Income Tax Addition based on Mere Suspicion: ITAT deletes Rs.2.25 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-Assessing-Officer-TAXSCAN.jpg "AO made S.69 Income Tax Addition based on Mere Suspicion: ITAT deletes Rs.2.25 Crore Addition [Read Order]")
Interest Charges to be Treated as Inward Supply for Calculating 80% Threshold Limit under GST: AAR [Read Order]
The West Bengal Authority for Advance Ruling ( AAR ) recently ruled that Interest Charges levied by a financing bank against loan availed by the Applicant can be treated as an ‘Inward Supply’ while...
![Interest Charges to be Treated as Inward Supply for Calculating 80% Threshold Limit under GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-AAR-West-Bengal-AAR-GST-Threshold-Limit-TAXSCAN.jpg "Interest Charges to be Treated as Inward Supply for Calculating 80% Threshold Limit under GST: AAR [Read Order]")
Cheques proven for Debt Repayment: Accused Convicted u/s 138 of NI Act for Cheque Dishonor Citing Failure to Rebut Presumption of Debt [Read Order]
The Delhi Judicial First Class Magistrate Court ( JFMC ) convicted the accused under Section 138 of the Negotiable Instruments ( NI ) Act, 1881, for cheque dishonor, citing their failure to rebut the...
Lack of Observations in Appellate Order indicates Non-Application of Mind: Bombay HC remands Excise Matter to CESTAT [Read Order]
A Division Bench of the Bombay High Court quashed an order by the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) that rejected an application by HDFC Bank to rectify a mistake, for...
![Lack of Observations in Appellate Order indicates Non-Application of Mind: Bombay HC remands Excise Matter to CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/bombay-high-court-Appellate-Order-Non-Application-of-Mind-Lack-of-Observations-Excise-Matter-taxscan.jpeg "Lack of Observations in Appellate Order indicates Non-Application of Mind: Bombay HC remands Excise Matter to CESTAT [Read Order]")
![CBIC amends List 34A and List 34B in Appendix of Customs Notification 50/2017 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBIC-List-34A-and-List-34B-Appendix-Customs-Notification-taxscan.jpg "CBIC amends List 34A and List 34B in Appendix of Customs Notification 50/2017 [Read Notification]")