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How Much Cash is Too Much? Understanding Permissible Limits on Holding, Carrying and Transacting Cash in India
We live in an age where technology is growing by leaps and bounds. The push for digitisation is at its highest. Digitisation has also transformed...
![ITAT Grants Major Relief to SRF Limited, Deletes Major Additions and Treats CER & TUF Subsidy Receipts as Capital [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114238-itat-grants-major-relief-to-srf-limited-taxscan.jfif "ITAT Grants Major Relief to SRF Limited, Deletes Major Additions and Treats CER & TUF Subsidy Receipts as Capital [Read Order]")
![ITAT Grants Cummins India ₹210 Cr Relief, Deletes ₹12.7 Cr TP Adjustment, Upholds 10AA & 80JJAA Claims Despite One‑Day Delay in Return Filing [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114187-itat-grants-cummins-india-210-cr-relief-deletes-127-cr-tp-adjustment-claims-despite-oneday-delay-return-filing-taxscan.webp "ITAT Grants Cummins India ₹210 Cr Relief, Deletes ₹12.7 Cr TP Adjustment, Upholds 10AA & 80JJAA Claims Despite One‑Day Delay in Return Filing [Read Order]")
![Liquidator Cannot Short-Circuit Jurisdiction: NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/2111253-liquidator-cannot-short-circuit-jurisdictn-nclat-refuses-adjudicate-disputed-contractual-dues-against-up-rajkiya-nirman-nigam-taxscan.webp "Liquidator Cannot Short-Circuit Jurisdiction: NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]")
![GST Clearance Certificate Issued by CA Not Acceptable when Tender Involves Services: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114283-gst-clearance-certificate-issued-ca-acceptable-tender-involves-services-bombay-hc-taxscan.webp "GST Clearance Certificate Issued by CA Not Acceptable when Tender Involves Services: Bombay HC [Read Order]")
Service Tax on Access to Amusement Facilities Unconstitutional: Kerala HC sets aside Demand [Read Judgment]
“Attempt to impose service tax on "access to amusement facilities" as unconstitutional, held the Kerala High Court ruling Parliament lacks legislative competence to tax such activities when they are...
![Service Tax on Access to Amusement Facilities Unconstitutional: Kerala HC sets aside Demand [Read Judgment]](https://images.taxscan.in/h-upload/2025/12/23/2114237-service-tax-access-amusement-facilities-unconstitutional-taxscan.webp "Service Tax on Access to Amusement Facilities Unconstitutional: Kerala HC sets aside Demand [Read Judgment]")
Statements u/s 108 of Customs Act Not Admissible Evidence Without S. 138B Compliance: Kerala HC Sets Aside Penalties in Gold Smuggling Case [Read Order]
The Kerala High Court has refused to interfere with the decision of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) arising from the alleged smuggling of gold through Cochin...
![Statements u/s 108 of Customs Act Not Admissible Evidence Without S. 138B Compliance: Kerala HC Sets Aside Penalties in Gold Smuggling Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114178-statements-us-108-of-customs-act-not-admissible-evidence-without-s-138b-compliance-kerala-hc-sets-aside-penalties-in-gold-smuggling-case-taxscan.webp "Statements u/s 108 of Customs Act Not Admissible Evidence Without S. 138B Compliance: Kerala HC Sets Aside Penalties in Gold Smuggling Case [Read Order]")
Foreign-Marked Nearly 20 Kg Gold Seized in Town Area Not Presumptively Smuggled Without Corroborative Evidence: Delhi HC quashes Penalty [Read Order]
In a recent ruling, the Delhi High Court held that foreign-marked gold seized in a town area cannot be presumed to be smuggled in the absence of corroborative evidence, and that penalty...
![Foreign-Marked Nearly 20 Kg Gold Seized in Town Area Not Presumptively Smuggled Without Corroborative Evidence: Delhi HC quashes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114168-whatsapp-image-2025-12-23-at-105035-am.webp "Foreign-Marked Nearly 20 Kg Gold Seized in Town Area Not Presumptively Smuggled Without Corroborative Evidence: Delhi HC quashes Penalty [Read Order]")