![Delay in Issuing S.143(2) Notice: ITAT quashes Income Tax Reassessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092794-reassessment-order-itat-taxscan.webp "Delay in Issuing S.143(2) Notice: ITAT quashes Income Tax Reassessment Order [Read Order]")
Delay in Issuing S.143(2) Notice: ITAT quashes Income Tax Reassessment Order [Read Order]
The bench of the Income Tax Appellate Tribunal, Raipur, quashed the reassessment order on procedural grounds, holding that the notice under...
![Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092756-trucks-registered-itat-surat-road-income-tax-appeal-taxscan.webp "Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]")
![NCLAT Holds ICBC Cannot Retain ₹27.60 Crore FD as Reliance Owed No Dues, Lien Letter Limited to Debtor’s Own Liabilities [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092713-nclat-holds-icbc-taxscan.webp "NCLAT Holds ICBC Cannot Retain ₹27.60 Crore FD as Reliance Owed No Dues, Lien Letter Limited to Debtor’s Own Liabilities [Read Order]")
![Provident Fund Dues Not Part of Liquidating Company’s Estate: Madras HC Allows 255-Day Late Claim by EPFO [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092704-provident-fund-taxscan.webp "Provident Fund Dues Not Part of Liquidating Company’s Estate: Madras HC Allows 255-Day Late Claim by EPFO [Read Order]")
![Freight Forwarder Not Liable for Service Tax When Acting as Principal for Goods Exported Outside India: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092700-freight-forwarder-cestat-service-tax-principal-for-goods-exported-taxscan.webp "Freight Forwarder Not Liable for Service Tax When Acting as Principal for Goods Exported Outside India: CESTAT [Read Order]")
Delhi HC Sets Aside GST Demand Order, Directs Fresh Hearing over Improper Service of SCN and RUDs [Read Order]
The High Court of Delhi, set aside the Goods and Service Tax (GST) demand order and directed a fresh hearing over the alleged improper service of the Show Cause Notice (SCN) and supporting ...
![Delhi HC Sets Aside GST Demand Order, Directs Fresh Hearing over Improper Service of SCN and RUDs [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092698-gst-demand-order-1.webp "Delhi HC Sets Aside GST Demand Order, Directs Fresh Hearing over Improper Service of SCN and RUDs [Read Order]")
![Bombay HC admits Revenue Appeal against ITAT Order Deleting Cash Expense Disallowance u/s 40A(3) [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092746-income-tax-act-cash-transaction-overview-of-cash-transaction-tax-evasion-non-cash-payments-reduce-tax-evasion-cash-transaction-provisions-taxscan-1.webp "Bombay HC admits Revenue Appeal against ITAT Order Deleting Cash Expense Disallowance u/s 40A(3) [Read Order]")
DGFT Announces 6-Month Extension of RoDTEP Scheme for DTA, AA, SEZ and EOU Exports: Know New Deadline [Read Notification]
The Directorate General of Foreign Trade (DGFT) has released Notification No.35/2025 dated September 30, 2025, announcing a six-month extension of the Remission of Duties and Taxes on Exported...
![DGFT Announces 6-Month Extension of RoDTEP Scheme for DTA, AA, SEZ and EOU Exports: Know New Deadline [Read Notification]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092767-rodtep-scheme-sezs-aa-holders-taxscan.webp "DGFT Announces 6-Month Extension of RoDTEP Scheme for DTA, AA, SEZ and EOU Exports: Know New Deadline [Read Notification]")
Bombay HC admits Revenue Appeal on Income Tax TDS Applicability and Profit Taxability for Joint Ventures u/s 194C [Read Order]
The Bombay High Court has admitted an appeal filed by the Principal Commissioner of Income Tax-3, Pune, challenging the Income Tax Appellate Tribunal (ITAT), Pune’s decision in favour of Subhash and...
![Bombay HC admits Revenue Appeal on Income Tax TDS Applicability and Profit Taxability for Joint Ventures u/s 194C [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092749-bombay-hc-revenue-appeal-income-tax-tds-joint-ventures-taxscan.webp "Bombay HC admits Revenue Appeal on Income Tax TDS Applicability and Profit Taxability for Joint Ventures u/s 194C [Read Order]")
Relief for HCL Technologies: CESTAT Rules License Fee for Right to Use Software Not Includible in Customs Valuation of Imported CDs [Read Order]
The New Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the license fee paid for the right to use software cannot be included in the customs...
![Relief for HCL Technologies: CESTAT Rules License Fee for Right to Use Software Not Includible in Customs Valuation of Imported CDs [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092747-relief-for-hcl-technologies-hcl-technologies-cestat-taxscan.webp "Relief for HCL Technologies: CESTAT Rules License Fee for Right to Use Software Not Includible in Customs Valuation of Imported CDs [Read Order]")
RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]
The Reserve Bank of India (RBI) has issued seven amendment Directions and Circulars, revising rules on lending against gold and silver, interest rate resets on advances and Basel III capital...
![RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092755-rbi-rules-on-gold-silver-lending-collateral-basel-iii-eases-loan-facilities-banks-and-businesses-taxscan.webp "RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]")
Delhi HC upholds ITAT order Invalidating Penalty Imposed u/s 271 citing Absence of Valid Notice [Read Order]
In a recent case, the Delhi High Court upheld the Income Tax Appellate Tribunal ( ITAT ) order invalidating the penalty imposed under Section 271 of the Income Tax Act, 1961, citing the absence of...
![Delhi HC upholds ITAT order Invalidating Penalty Imposed u/s 271 citing Absence of Valid Notice [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092741-delhi-hc-upholds-itat-order-penalty-taxscan.webp "Delhi HC upholds ITAT order Invalidating Penalty Imposed u/s 271 citing Absence of Valid Notice [Read Order]")