![Professional Misconduct during Statutory Audit of Religare Finvest: Delhi HC Directs Petitioner to File Objections towards NFRA SCN [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/2070831-professional-misconduct-during-statutory-audit-statutory-audit-statutory-audit-of-religare-finvest-taxscan.webp "Professional Misconduct during Statutory Audit of Religare Finvest: Delhi HC Directs Petitioner to File Objections towards NFRA SCN [Read Order]")
Professional Misconduct during Statutory Audit of Religare Finvest: Delhi HC Directs Petitioner to File Objections towards NFRA SCN [Read Order]
The Delhi High Court recently directed a petitioner who challenged a Show Cause Notice issued by the National Financial Reporting Authority (NFRA) in...
![CESTAT Allows Concessional Duty Benefit on Aluminium Based Laminates Used in MCPCBs [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/2070722-cestat-concessional-duty-aluminium-laminates-used-mcpcbs-taxscan1.webp "CESTAT Allows Concessional Duty Benefit on Aluminium Based Laminates Used in MCPCBs [Read Order]")
![NCLAT Dismisses Appeal, Grants Liberty to Seek Withdrawal of CIRP Under Section 12A; CoC Constitution Deferred for Two Weeks [Read Order]](https://images.taxscan.in/h-upload/2025/07/29/2070453-download-nclat-dismisses-appeal-grants-liberty-to-seek-withdrawal-of-cirp-under-section-12a-coc-constitution-deferred-for-two-weeks.webp "NCLAT Dismisses Appeal, Grants Liberty to Seek Withdrawal of CIRP Under Section 12A; CoC Constitution Deferred for Two Weeks [Read Order]")
![Relief for Malayala Manorama: CESTAT Allows Classification of Imported Paper in Reels as Newsprint Due to Non-ISO Testing [Read Order]](https://images.taxscan.in/h-upload/2025/07/29/2070429-malayala-manorama.webp "Relief for Malayala Manorama: CESTAT Allows Classification of Imported Paper in Reels as Newsprint Due to Non-ISO Testing [Read Order]")
![₹1.5 Cr Property Funded by Immoral Trafficking of Women & Crime: Delhi HC Upholds ED’s PMLA Attachment due to No Proof of Legit Income Source [Read Order]](https://images.taxscan.in/h-upload/2025/07/29/2070368-property-funded-by-immoral-trafficking-property-funded-by-immoral-trafficking-of-women-crime-taxscan.webp "₹1.5 Cr Property Funded by Immoral Trafficking of Women & Crime: Delhi HC Upholds ED’s PMLA Attachment due to No Proof of Legit Income Source [Read Order]")
Reimbursed Expenses Like "Other Expenses" and "Extra Hour Service Charges" Not Taxable Under Service Tax: CESTAT [Read Order]
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that reimbursed expenses such as "Other Expenses" and "Extra Hour Service Charges" are not includible in...
![Reimbursed Expenses Like Other Expenses and Extra Hour Service Charges Not Taxable Under Service Tax: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/28/2070076-reimbursed-expenses-other-expenses-and-extra-hour-service-charges-extra-hour-service-charges-taxscan.webp "Reimbursed Expenses Like Other Expenses and Extra Hour Service Charges Not Taxable Under Service Tax: CESTAT [Read Order]")
Paying IGST and Penalty under Protest does not Negate AO’s Liability to Pass Reasoned Order: Supreme Court upholds Assessee’s Right of Appeal [Read Judgement]
The Supreme Court recently passed a noteworthy judgment, holding that the payment of Integrated Goods and Services Tax (IGST) and penalty under protest by an assessee does not absolve the proper...
![Paying IGST and Penalty under Protest does not Negate AO’s Liability to Pass Reasoned Order: Supreme Court upholds Assessee’s Right of Appeal [Read Judgement]](https://images.taxscan.in/h-upload/2025/07/28/2069983-paying-igst-penalty-protest-negate-aos-liability-pass-reasoned-order-supreme-court-right-of-appeal-taxscan.webp "Paying IGST and Penalty under Protest does not Negate AO’s Liability to Pass Reasoned Order: Supreme Court upholds Assessee’s Right of Appeal [Read Judgement]")
Any money/property recovered constitutes 'proceeds of crime’: Orissa HC upholds proceedings under PMLA for offence of Money Laundering [Read Order]
The High Court of Orissa observed that any money/property recovered constitutes 'proceeds of crime’ unless same is disproved at trial and upheld the proceedings under the Prevention of...
![Any money/property recovered constitutes proceeds of crime’: Orissa HC upholds proceedings under PMLA for offence of Money Laundering [Read Order]](https://images.taxscan.in/h-upload/2025/07/27/2069657-orissa-hc-taxscan.webp "Any money/property recovered constitutes proceeds of crime’: Orissa HC upholds proceedings under PMLA for offence of Money Laundering [Read Order]")
Supreme Court Declares Hyatt Has Permanent Establishment in India, Must Pay Tax Under Indo-UAE Treaty [Read Judgement]
The Supreme Court of India held that Hyatt International Southwest Asia Ltd., a company incorporated in Dubai, has a permanent establishment (PE) in India under Article 5(1) of the Indo-UAE Double...
![Supreme Court Declares Hyatt Has Permanent Establishment in India, Must Pay Tax Under Indo-UAE Treaty [Read Judgement]](https://images.taxscan.in/h-upload/2025/07/26/2069309-supreme-court-declares-hyatt-taxscan.webp "Supreme Court Declares Hyatt Has Permanent Establishment in India, Must Pay Tax Under Indo-UAE Treaty [Read Judgement]")
Income Tax Dept has No Statutory Power to Cancel Sale Deeds : Madras HC Quashes Attachment Order [Read Order]
The Madras High Court, while quashing the attachment order passed by the TaxRecovery Officer ( TRO ), ruled that there is no statutory provision in favour of the income tax department to annul or...
![Income Tax Dept has No Statutory Power to Cancel Sale Deeds : Madras HC Quashes Attachment Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/2068953-income-tax-department-cancel-sale-deeds-taxscan.webp "Income Tax Dept has No Statutory Power to Cancel Sale Deeds : Madras HC Quashes Attachment Order [Read Order]")
Reopening Beyond 4 Years Invalid if Material Facts Disclosed: Madras HC Dismisses Revenue's Appeal
The Madras High Court has dismissed an appeal filed by the Income Tax Department challenging the Income Tax Appellate Tribunal’s decision that quashed a reassessment proceeding initiated after four...
SC Restores Cheque Dishonour Case: Rules Partners Can Be Prosecuted Even Without Naming Firm [Read Judgement]
The Supreme Court has held that a firm's partners can be prosecuted under Section 138 of the Negotiable Instruments Act, 1881, even if the firm itself is not named as an accused. The Court...
![SC Restores Cheque Dishonour Case: Rules Partners Can Be Prosecuted Even Without Naming Firm [Read Judgement]](https://images.taxscan.in/h-upload/2025/07/25/2068846-supreme-court-cheque-dishonour-taxscan.webp "SC Restores Cheque Dishonour Case: Rules Partners Can Be Prosecuted Even Without Naming Firm [Read Judgement]")