![Unsigned Draft Agreement has No Evidentiary Value Without Independent Inquiry by AO: ITAT Deletes ₹13 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090335-unsigned-draft-agreement-evidentiary-itat-taxscan.webp "Unsigned Draft Agreement has No Evidentiary Value Without Independent Inquiry by AO: ITAT Deletes ₹13 Lakh Addition [Read Order]")
Unsigned Draft Agreement has No Evidentiary Value Without Independent Inquiry by AO: ITAT Deletes ₹13 Lakh Addition [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that an unsigned and unregistered agreement to sell has no evidentiary...
![[Breaking] Karnataka HC Directs CBDT to Extend Tax Audit Due Date to 31st October 2025](https://images.taxscan.in/h-upload/2025/09/24/250x150_2090658-karnataka-hc-cbdt-tax-audit-tax-audit-due-date-taxscan.webp "[Breaking] Karnataka HC Directs CBDT to Extend Tax Audit Due Date to 31st October 2025")
![Bright Line Test not Applicable for TP Adjustments on Jewellery, Textiles and Gift Exports: ITAT Remands Joy Alukkas’ Income Tax Case for Fresh Benchmarking [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/250x150_2090373-benefits.webp "Bright Line Test not Applicable for TP Adjustments on Jewellery, Textiles and Gift Exports: ITAT Remands Joy Alukkas’ Income Tax Case for Fresh Benchmarking [Read Order]")
![No Revival of Balance Duty Credit after 7 Years: Calcutta HC Dismisses ₹66.37 Lakh Claim under Incremental Exports Incentivisation Scheme [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/250x150_2090360-balance-duty-credit-calcutta-hc-incremental-exports-incentivisation-scheme-taxscan.webp "No Revival of Balance Duty Credit after 7 Years: Calcutta HC Dismisses ₹66.37 Lakh Claim under Incremental Exports Incentivisation Scheme [Read Order]")
GST Adjudicating Authority cannot Pass Order without Examining Material Adduced by Appellant to Contest Case: Patna HC [Read Order]
The Patna High Court recently set aside orders passed by the Goods and Services Tax (GST) Adjudicating and Appellate Authorities for their failure to consider the materials produced by the...
![GST Adjudicating Authority cannot Pass Order without Examining Material Adduced by Appellant to Contest Case: Patna HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090363-patna-high-court-gst-goods-and-services-tax-taxscan.webp "GST Adjudicating Authority cannot Pass Order without Examining Material Adduced by Appellant to Contest Case: Patna HC [Read Order]")
Quashing Seizure Memo Does Not Prevent Customs Dept. from Investigation and Process: Patna HC [Read Order]
In a recent decision, the Patna High Court quashed a seizure memo issued against a betel nut trader, while clarifying that such quashal does not bar the Customs Department from continuing its...
![Quashing Seizure Memo Does Not Prevent Customs Dept. from Investigation and Process: Patna HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090344-patna-hc-customs-customs-department-customs-department-operations-taxscan.webp "Quashing Seizure Memo Does Not Prevent Customs Dept. from Investigation and Process: Patna HC [Read Order]")
Stockguru Scam: Delhi HC Holds Seized Money as ‘Proceeds of Crime,’ Bars Income Tax Recovery Until PMLA Trial Ends [Read Order]
The Delhi High Court, in the Stockguru scam case, firmly held that money seized from the alleged masterminds constitutes “proceeds of crime” under the Prevention of Money Laundering Act, 2002...
![Stockguru Scam: Delhi HC Holds Seized Money as ‘Proceeds of Crime,’ Bars Income Tax Recovery Until PMLA Trial Ends [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090623-delhi-high-court-stockguru-scam-income-tax-recovery-taxscan.webp "Stockguru Scam: Delhi HC Holds Seized Money as ‘Proceeds of Crime,’ Bars Income Tax Recovery Until PMLA Trial Ends [Read Order]")
Laminating Plastic Films Qualifies as Manufacture: CESTAT Allows CENVAT Credit, Quashes ₹1.37 Crore Excise Demand [Read Order]
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that laminating plastic films amounts to manufacture and that CENVAT credit is admissible. The Tribunal...
![Laminating Plastic Films Qualifies as Manufacture: CESTAT Allows CENVAT Credit, Quashes ₹1.37 Crore Excise Demand [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090349-laminating-plastic-films-manufacture-cestat-cenvat-credit-taxscan.webp "Laminating Plastic Films Qualifies as Manufacture: CESTAT Allows CENVAT Credit, Quashes ₹1.37 Crore Excise Demand [Read Order]")
Access of Residential CCTV Footage for GST Cases: Important Delhi HC Guidelines that Businessmen cannot afford to Miss
The Delhi HighCourt has recently delivered an important ruling on the scope of search and seizure powers under Section 67 of the Central Goods and Services Tax (CGST) Act, 2017. While upholding the...
Setback for FedEx: CESTAT upholds ₹1 Lakh Penalty for Lack of Due Diligence after Red Sandalwood Misdeclared as Copper Wire [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) upheld a penalty of Rs. 1 lakh against FedEx Express Transportation and Supply Chain Services India Pvt. Ltd. ...
![Setback for FedEx: CESTAT upholds ₹1 Lakh Penalty for Lack of Due Diligence after Red Sandalwood Misdeclared as Copper Wire [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090591-setback-for-fedex-fedex-cestat-penalty-lack-of-due-diligence-taxscan.webp "Setback for FedEx: CESTAT upholds ₹1 Lakh Penalty for Lack of Due Diligence after Red Sandalwood Misdeclared as Copper Wire [Read Order]")