![CIT’s Order to Recompute Tamil Nadu Cements’ Set-Off Valid as Method Used Was Faulty: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/500x300_2059220-cits-order-cits-order-for-tamil-nadu-cements-taxscan.webp "CIT’s Order to Recompute Tamil Nadu Cements’ Set-Off Valid as Method Used Was Faulty: Madras HC [Read Order]")
CIT’s Order to Recompute Tamil Nadu Cements’ Set-Off Valid as Method Used Was Faulty: Madras HC [Read Order]
In a recent ruling, the Madras High Court upheld the CIT’s direction to the Assessing Officer to recompute Tamil Nadu Cements Corporation’s set-off...
![TDS Deducted, Physical Verification Done, Payments by Cheque : Madras HC Upholds ITAT Order Allowing Development Expenses, Rejects Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/05/250x150_2059395-itat-order-taxscan.webp "TDS Deducted, Physical Verification Done, Payments by Cheque : Madras HC Upholds ITAT Order Allowing Development Expenses, Rejects Revenue’s Appeal [Read Order]")
![Life Membership Fee received by Private Club is Capital Receipt, Not Taxable to Income: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/05/250x150_2059373-capital-receipt-1.webp "Life Membership Fee received by Private Club is Capital Receipt, Not Taxable to Income: Madras HC [Read Order]")
![No Interference with Order by Income Tax Settlement Commission Unless Contrary to Law or involves Bias, Fraud, or Malice: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/250x150_2059135-income-tax-settlement-commission-law-taxscan.webp "No Interference with Order by Income Tax Settlement Commission Unless Contrary to Law or involves Bias, Fraud, or Malice: Madras HC [Read Order]")
Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AO's Changed Opinion on Forex Gains [Read Order]
In a recent ruling, the Madras High Court quashed the reopening of Hyundai Motor India Ltd’s income tax assessment, stating that the action was based merely on a change of opinion by the Assessing...
![Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AOs Changed Opinion on Forex Gains [Read Order]](https://images.taxscan.in/h-upload/2025/07/03/500x300_2058629-relief-for-hyundai-hyundai-madras-hc-madras-hc-rules-taxscan.webp "Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AOs Changed Opinion on Forex Gains [Read Order]")
Win for Deloitte: Madras HC Rules Firms and HUFs Cannot Be Partners in a Firm, Quashes PCIT Order Disallowing Partner Remuneration [Read Order]
In a recent decision, the Madras High Court quashed the Principal Commissioner of Income Tax’s (PCIT) order against Deloitte Haskins & Sells, ruling that only individuals and not firms or Hindu...
![Win for Deloitte: Madras HC Rules Firms and HUFs Cannot Be Partners in a Firm, Quashes PCIT Order Disallowing Partner Remuneration [Read Order]](https://images.taxscan.in/h-upload/2025/06/16/500x300_2045458-deloitte-win-taxscan.webp "Win for Deloitte: Madras HC Rules Firms and HUFs Cannot Be Partners in a Firm, Quashes PCIT Order Disallowing Partner Remuneration [Read Order]")
Non-Consideration of Statement: Bombay HC directs Dept to Reconsider Customs Classification Issue with Personal Hearing Opportunity [Read Order]
The High Court of Bombay in a recent matter quashed a show-cause notice and impugned order in a matter regarding disputed Customs Tariff Classification of Goods citing the lack of consideration of...
Non-Filing of Declaration & Input-Output Ratio is not Pre-Condition for Claiming Rebate on Excise of Exported Goods: Bombay HC Rules in Favour of Volvo Group [Read Order]
In a ruling in favour of Volvo Groups, the Bombay High Court held that non-filing of declaration & input-output ratio is not a pre-condition for claiming rebate on excise of exported goods. It...
GST Commissioner to Recover Interest on Non-Renewal of ₹2.22 Cr FDs from Officers' Salary: Bombay HC [Read Order]
The Bombay High Court has directed the Commissioner of GST and Central Excise ( CX ) to recover interest from the salaries or retirement benefits of officers responsible for the non-renewal of fixed...
![GST Commissioner to Recover Interest on Non-Renewal of ₹2.22 Cr FDs from Officers Salary: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/GST-Bombay-High-Court-Bombay-HC-TAXSCAN.jpg "GST Commissioner to Recover Interest on Non-Renewal of ₹2.22 Cr FDs from Officers Salary: Bombay HC [Read Order]")
Bombay HC rejects faulty affidavit filed by Customs Officer, ordered fresh filing by September 20 [Read Order]
The Bombay High Court (HC), in a recent ruling, rejected the affidavit produced by the Customs Officer. The Bombay HC was satisfied that the respondent Surgive Mehra may not even have read the...
