![Subsidy from Govt Rehabilitation Scheme Milk Producers’ Co-operative is Capital Receipt, Not Taxable as Revenue Receipt: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114587-milk-producers-co-operative-capital-receipt-taxable-revenue-receipt-madras-hc-taxscan.webp "Subsidy from Govt Rehabilitation Scheme Milk Producers’ Co-operative is Capital Receipt, Not Taxable as Revenue Receipt: Madras HC [Read Order]")
Subsidy from Govt Rehabilitation Scheme Milk Producers’ Co-operative is Capital Receipt, Not Taxable as Revenue Receipt: Madras HC [Read Order]
The Madras High Court has directed the income tax department to treat the subsidy/grant-in-aid of Rs. 3.5 crores received from the government ...
![New Compounding Guidelines of CBDT apply Only to Fresh Applications: Madras HC Clarifies Scope of S. 279 [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114198-cbdt-madras-hc-fresh-applications-compounding-guidelines-madras-hc-tax-ruling-taxscan.webp "New Compounding Guidelines of CBDT apply Only to Fresh Applications: Madras HC Clarifies Scope of S. 279 [Read Order]")
![Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114211-benami-attachment-cannot-breach-impregnable-firewall-nclt-approved-resolution-plan-madras-hc-taxscan.webp "Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]")
![Bhagavad Gita, Vedanta and Yoga Not Religious activities Per Se: Madras HC sets aside FCRA rejection of Trust Teaching Gita, Yoga [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113825-bhagavad-gita-vedanta-yoga-religious-activities-madras-hc-fcra-rejection-trust-teaching-gita-yoga-taxscan.webp "Bhagavad Gita, Vedanta and Yoga Not Religious activities Per Se: Madras HC sets aside FCRA rejection of Trust Teaching Gita, Yoga [Read Order]")
![Madras HC affirms CBIC Notifications Extending Time limit to Issue order u/s 73 Ultra vires to S. 168A, says both ‘Illegal’ [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113517-madras-hc-affirms-cbic-notifications-extending-time-limit-issue-order-taxscan.webp "Madras HC affirms CBIC Notifications Extending Time limit to Issue order u/s 73 Ultra vires to S. 168A, says both ‘Illegal’ [Read Order]")
Bad Debt Income Tax Deduction for Rural Branch Advances to be Computed on Aggregate Average of Monthly Outstanding Balances: Madras HC [Read Order]
The Madras High Court has dismissed two appeals filed by the Income Tax Department, holding that the deduction for provision for bad and doubtful debts under Section 36(1)(viia) of the Income Tax...
![Bad Debt Income Tax Deduction for Rural Branch Advances to be Computed on Aggregate Average of Monthly Outstanding Balances: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112975-bad-debt-income-tax-deduction-madras-hc-taxscan.jfif "Bad Debt Income Tax Deduction for Rural Branch Advances to be Computed on Aggregate Average of Monthly Outstanding Balances: Madras HC [Read Order]")
Accountant fails to Submit GST Returns for 6 Months: Madras HC orders GSTN to take Necessary Actions for filing Returns [Read Order]
The Madurai Bench of Madras High Court has directed the Goods and Services Tax Network ( GSTN ) to take necessary technical steps to enable a taxpayer to file pending returns after noting that...
![Accountant fails to Submit GST Returns for 6 Months: Madras HC orders GSTN to take Necessary Actions for filing Returns [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112939-gst-return-madras-hc-taxscan.jfif "Accountant fails to Submit GST Returns for 6 Months: Madras HC orders GSTN to take Necessary Actions for filing Returns [Read Order]")
Indian Currency is ‘Goods’ Under Customs Act, Seizure without issuing SCN within Six Months is Illegal: Madras HC [Read Order]
In a recent ruling, the Madras High Court held that Indian currency is treated as “goods” under the Customs Act, 1962, and that when such currency is seized under Section 110, the Customs Department...
![Indian Currency is ‘Goods’ Under Customs Act, Seizure without issuing SCN within Six Months is Illegal: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112827-madras-hc-indian-currency-goods-customs-act-seizure-scn-illegal-taxscan.webp "Indian Currency is ‘Goods’ Under Customs Act, Seizure without issuing SCN within Six Months is Illegal: Madras HC [Read Order]")
Income Tax Deductions u/s 80IA and 80HHC can be Claimed Together Subject to 100% Profit Cap: Madras HC
In a recent ruling, the Madras High Court held that deductions under Sections 80IA and 80HHC of the Income Tax Act, 1961 can be claimed together, subject to the condition that the total deduction...
Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]
The Madras High Court has held that reopening of assessment is valid where excess deduction under Section 80HHC has been granted, even if the original scrutiny assessment order was completely...
![Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112735-madras-highcourt-taxscan.jfif "Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]")
Cash Deposit used for Creating FD cannot Be Clubbed to Cross ₹50 Lakh Threshold: Madras HC Quashes Section 148A Action [Read Order]
In a recent decision, the Madras High Court has quashed reassessment proceedings initiated under Section 148A of the Income Tax Act, 1961, holding that cash deposits and fixed deposits created out...
![Cash Deposit used for Creating FD cannot Be Clubbed to Cross ₹50 Lakh Threshold: Madras HC Quashes Section 148A Action [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112744-cash-deposit-creating-fd-clubbed-threshold-madras-hc-section148a-action-taxscan.webp "Cash Deposit used for Creating FD cannot Be Clubbed to Cross ₹50 Lakh Threshold: Madras HC Quashes Section 148A Action [Read Order]")
Madras HC Strikes Down TN Govt Notification Reducing VAT Exemption For Paper Board Companies [Read Order]
https://www.taxscan.in/tags/tax-demandMeta: Madras HC Strikes Down TN Govt Notification Reducing VAT Exemption For Paper Board Companies In a recent ruling, the Madras High Court held that the...
![Madras HC Strikes Down TN Govt Notification Reducing VAT Exemption For Paper Board Companies [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112659-madras-hc-strikes-down-tn-govt-notification-redu0cing-vat-exemption-paper-board-companies-taxscan.webp "Madras HC Strikes Down TN Govt Notification Reducing VAT Exemption For Paper Board Companies [Read Order]")