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Gauhati HC allows Defaulting GST Firm to Seek Revocation of Cancelled Registration, Orders Bank Accounts Defreezing Subject to Security [Read Order]

In a recent ruling, the Gauhati High Court allowed a defaulting GST ( Goods and Services Tax ) firm to apply for revocation of its cancelled GST...

FinMin Revises Customs Tariff Values for Gold and Silver [Read Notification]

BCI - Part - Time - Online - LLB - Degrees - acquired - Academic - Year - taxscan

BCI clarifies Non-Recognition of Evening, Part-Time, Online LLB Degrees acquired since 2000-01...

Uttarakhand HC allows Taxpayer to Seek Revocation of GST Registration Cancelled for Non-Filing of...

Andhra Pradesh HC Holds Transfer of Business as Going Concern Not Taxable under GST, Sets Aside AAAR...

Agricultural Land is at 2.75 Km from Municipal Limit as per Google Map: ITAT quashes Capital Gain Addition [Read Order]

The Raipur Bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed a long-term capital gains addition after holding that the land sold by the assessee was a rural agricultural land...

Stakeholders Show Unwillingness to Mediation: DRAT Directs DRT to Expedite Hearing of Securitisation Application [Read Order]

The Debt Recovery Appellate Tribunal (DRAT), Kolkata, has disposed of an appeal, directing the debt recovery tribunal to hear the pending securitization application expeditiously. The appeal...

Omission of IGST Section 13(8)(b): How Budget 2026 Resets Taxation of Intermediary Services

Budget 2026 proposes a high-impact change in GST law for cross-border services. It targets a single clause, but the effect reaches a wide set of Indian service providers that work with overseas...

Early Judicial Signal on Section 74A: Madras HC decides S. 74 Order issued for FY 2024-25 [Read Order]

The Madurai Bench of the Madras High Court held that for Financial Year 2024-25 onwards, proceedings must be initiated under Section 74A and not under the erstwhile Sections 73 or 74. Baskar...

ITAT Directs Fresh Examination of Alleged Accommodation Entry Addition Based on Investigation Wing Inputs [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a matter back to the Assessing Officer, holding that an addition made solely on the basis of uncorroborated information ...

ITAT Deletes Additions Made Solely on Basis of Third-Party Information, Grants Relief to Assessee

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted additions made solely on third-party information without independent verification by the Assessing Officer, finding it ...

CIT(A)’s Order is Unjust and Unfair: ITAT Restores ₹14.25 Cr Addition u/s 56(2)(viib) After Rejecting DCF Valuation [Read Order]

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the Revenue’s appeal and restored an addition of over ₹14.25 crore made under Section 56(2)(viib) of the Income Tax Act, 1961,...

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