BCI Reschedules AIBE-XX Registration, Fee Payment & Correction Date: Check Here
The Bar Council of India (BCI) has issued a fresh notification revising the schedule for the All India Bar Examination - XX (AIBE-XX). As per an...
![Now Open Bank Account & Safe Deposit Lockers without Nominee: RBI Releases New Directions [Read Notification]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100788-open-bank-account-safe-deposit-lockers-rbi-new-directions-taxscan.webp "Now Open Bank Account & Safe Deposit Lockers without Nominee: RBI Releases New Directions [Read Notification]")
![CESTAT Sets aside Service Tax Demand on Contractor, Citing Bona Fide Belief to Bar Extended Period [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100776-cestat-service-tax-demand-bona-fide-belief-extended-period-taxscan.webp "CESTAT Sets aside Service Tax Demand on Contractor, Citing Bona Fide Belief to Bar Extended Period [Read Order]")
![NCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100719-nclt-liquidator-for-multicity-hospitalities-multicity-hospitalities-coc-votes-taxscan.webp "NCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]")
![No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100855-lapse-in-union-banks-auction-drat-borrowers-plea-over-notice-service-sale-timing-taxscan.webp "No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]")
Royalty and FTS Taxable on Receipt Basis Only: ITAT Follows Consistent Precedent in Favour of Siemens AG [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has reaffirmed that Siemens Aktiengesellschaft (Siemens AG), a tax resident of Germany, is liable to tax on royalty and fees for...
![Royalty and FTS Taxable on Receipt Basis Only: ITAT Follows Consistent Precedent in Favour of Siemens AG [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100680-siemens-itat-taxscan.webp "Royalty and FTS Taxable on Receipt Basis Only: ITAT Follows Consistent Precedent in Favour of Siemens AG [Read Order]")
Senior Citizen's Bonafide Belief and Ignorance of law is Reasonable Cause u/s 273B: ITAT Deletes Penalty [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted a penalty of ₹20,00,000/- levied under Section 271D of the Income Tax Act, 1961 and held that the senior citizen assessee had...
![Senior Citizens Bonafide Belief and Ignorance of law is Reasonable Cause u/s 273B: ITAT Deletes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100700-senior-citizen-bonafide-ignorance-of-law-reasonable-cause-itat-penalty-taxscan.webp "Senior Citizens Bonafide Belief and Ignorance of law is Reasonable Cause u/s 273B: ITAT Deletes Penalty [Read Order]")
![SEBI Amends Issue and Listing of Non-Convertible Securities Regulations, 2025 [Read Notification]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100571-sebi-notifies-amendment-of-sebi-issue-and-listing-of-non-convertible-securities-regulations-inserts-new-chapters-and-schedule-taxscan.webp "SEBI Amends Issue and Listing of Non-Convertible Securities Regulations, 2025 [Read Notification]")
Reassessment Initiated on New Grounds Not in Notice u/s 148A(b) for AY 2018-19: Delhi HC Quashes Order against E&Y Emeia Ltd [Read Order]
The Delhi High Court set aside an order initiating reassessment proceedings under Section 148 of the Income Tax Act, 1961 and held that the decision was based on new grounds that were not mentioned...
![Reassessment Initiated on New Grounds Not in Notice u/s 148A(b) for AY 2018-19: Delhi HC Quashes Order against E&Y Emeia Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100559-reassessment-delhi-hc-ey-emeia-ltd-reassessment-initiated-new-grounds-not-in-notice-taxscan.webp "Reassessment Initiated on New Grounds Not in Notice u/s 148A(b) for AY 2018-19: Delhi HC Quashes Order against E&Y Emeia Ltd [Read Order]")
Composite Works Contracts Not Taxable as ECIS: CESTAT Sets Aside ₹36 Lakh Service Tax Demand and Penalty [Read Order]
The principal bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi held that composite works contracts are not taxable as ECIS and the Tribunal set aside ₹36 lakh servicetax...
![Composite Works Contracts Not Taxable as ECIS: CESTAT Sets Aside ₹36 Lakh Service Tax Demand and Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100520-cestat-lakh-service-tax-demand-penalty-taxscan.webp "Composite Works Contracts Not Taxable as ECIS: CESTAT Sets Aside ₹36 Lakh Service Tax Demand and Penalty [Read Order]")
S. 234E TDS Late Fee Levy Prospective: ITAT Restores Appeal for Fresh Adjudication Subject to Payment of 10k Cost [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal for fresh adjudication by the Commissioner of Income Tax (Appeals) [CIT(A)] for TDS late fee issue subject to...
![S. 234E TDS Late Fee Levy Prospective: ITAT Restores Appeal for Fresh Adjudication Subject to Payment of 10k Cost [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100712-tds-late-fee-levy-prospective-itat-appeal-payment-taxscan.webp "S. 234E TDS Late Fee Levy Prospective: ITAT Restores Appeal for Fresh Adjudication Subject to Payment of 10k Cost [Read Order]")