![GST Paid on Exempt Residential Rentals: Andhra Pradesh HC allows Refund, sets aside Deficiency Memos [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2093054-cbic-gst-on-renting-gst-renting-of-immovable-property-immovable-property-rcm-goods-and-services-tax-taxscan.webp "GST Paid on Exempt Residential Rentals: Andhra Pradesh HC allows Refund, sets aside Deficiency Memos [Read Order]")
GST Paid on Exempt Residential Rentals: Andhra Pradesh HC allows Refund, sets aside Deficiency Memos [Read Order]
The High Court of Andhra Pradesh allowed refund claims on Goods and Services Tax ( GST ) paid for renting residential dwellings that were exempt...
![CESTAT’s Remand Order Not a Final Decision: Delhi HC Rules Taxpayer Eligible for SVLDRS Relief [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093051-svldrs-relief-taxscan.webp "CESTAT’s Remand Order Not a Final Decision: Delhi HC Rules Taxpayer Eligible for SVLDRS Relief [Read Order]")
![Email Bounce Does Not Invalidate GST Notices Service if available on Portal: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093041-gst-notices-taxscan.webp "Email Bounce Does Not Invalidate GST Notices Service if available on Portal: Delhi HC [Read Order]")
![AO Erred in Disallowing ₹1.89 Cr Penalty & Other Expenses: ITAT remands ₹73.26 Lakh UIL Penny-Stock Loss for Fresh Examination [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093002-ao-penalty-itat-uil-penny-stock-taxscan.webp "AO Erred in Disallowing ₹1.89 Cr Penalty & Other Expenses: ITAT remands ₹73.26 Lakh UIL Penny-Stock Loss for Fresh Examination [Read Order]")
OTN Cards and Modules Incapable of Independent Operation Classifiable as Parts, Not Apparatus: CESTAT Upholds Classification under ‘Parts’ Heading [Read Order]
The New Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that Optical Transport Network (OTN) cards and modules incapable of independent operation are...
![OTN Cards and Modules Incapable of Independent Operation Classifiable as Parts, Not Apparatus: CESTAT Upholds Classification under ‘Parts’ Heading [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092987-otn-cards-cestat-upholds-taxscan.webp "OTN Cards and Modules Incapable of Independent Operation Classifiable as Parts, Not Apparatus: CESTAT Upholds Classification under ‘Parts’ Heading [Read Order]")
Madras HC Orders Release of DRI-Seized Knitted Fabrics: Importer to Pay Declared Duty, 50% Differential Duty & Execute Bonds [Read Order]
The Madras High Court recently ordered the provisional release of viscose knitted fabrics that was seized by the Directorate of Revenue Intelligence (DRI) during the import process after laying...
![Madras HC Orders Release of DRI-Seized Knitted Fabrics: Importer to Pay Declared Duty, 50% Differential Duty & Execute Bonds [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092991-site-image.webp "Madras HC Orders Release of DRI-Seized Knitted Fabrics: Importer to Pay Declared Duty, 50% Differential Duty & Execute Bonds [Read Order]")
![RBI Announces the Constitution of the Payments Regulatory Board [Read Announcement]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092955-rbi-rbi-strips-guidelines-2025-taxscan.webp "RBI Announces the Constitution of the Payments Regulatory Board [Read Announcement]")
Mere Audit Report Omission of Transaction alone Cannot Support Addition when Books are Proper and AO Fails to Prove Undisclosed Source: ITAT Deletes Addition [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that mere omission of a transaction in the Tax Audit Report cannot justify an addition when the assessee’s books of account are...
![Mere Audit Report Omission of Transaction alone Cannot Support Addition when Books are Proper and AO Fails to Prove Undisclosed Source: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092984-audit-reports-omission-taxscan.webp "Mere Audit Report Omission of Transaction alone Cannot Support Addition when Books are Proper and AO Fails to Prove Undisclosed Source: ITAT Deletes Addition [Read Order]")
NCLAT Upholds CIRP Initiation by Central Bank Against Corporate Guarantor Despite Stamping and Novation Contentions, Dismisses Appeal of SEPL’s Ex Director [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by Siddharth Satish Katariya, Ex-Director of Superfine Extrusions Private Limited (SEPL),...
![NCLAT Upholds CIRP Initiation by Central Bank Against Corporate Guarantor Despite Stamping and Novation Contentions, Dismisses Appeal of SEPL’s Ex Director [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092979-appeal-dismissed-taxscan.webp "NCLAT Upholds CIRP Initiation by Central Bank Against Corporate Guarantor Despite Stamping and Novation Contentions, Dismisses Appeal of SEPL’s Ex Director [Read Order]")
NCLAT Confirms Bid-Rigging in UP Soil Testing Tenders, Upholds Penalties on Companies and Directors [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has upheld the Competition Commission of India's (CCI) order finding several companies and their directors guilty of bid-rigging in soil testing...
![NCLAT Confirms Bid-Rigging in UP Soil Testing Tenders, Upholds Penalties on Companies and Directors [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092954-soil-testing-tenders.webp "NCLAT Confirms Bid-Rigging in UP Soil Testing Tenders, Upholds Penalties on Companies and Directors [Read Order]")
Revenue Wrongly Treated Assessee’s Immovable Property Sale as Purchase: ITAT Deletes Addition, Criticises AO and CIT(A) [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has strongly criticised the Assessing Officer and Commissioner of Income Tax (Appeals) [CIT(A)] for erroneously treating an assessee’s...
![Revenue Wrongly Treated Assessee’s Immovable Property Sale as Purchase: ITAT Deletes Addition, Criticises AO and CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092958-property-sale-purchase-itat-taxscan.webp "Revenue Wrongly Treated Assessee’s Immovable Property Sale as Purchase: ITAT Deletes Addition, Criticises AO and CIT(A) [Read Order]")