ICAI Notifies Chartered Accountants (First Amendment) Regulations, 2025: Key Changes Inside
The Institute of Chartered Accountants of India ( ICAI ) has notified the Chartered Accountants (First Amendment) Regulations, 2025, proposing...
![Loss on Abandoned Real Estate Project Allowable as Revenue Deduction: ITAT Overturns ₹64.72 Cr Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2056923-real-estate-project-taxscan.webp "Loss on Abandoned Real Estate Project Allowable as Revenue Deduction: ITAT Overturns ₹64.72 Cr Disallowance [Read Order]")
![Taxpayer Unable to Sign Appeal Does Not Constitute Reasonable Cause : ITAT Refuses to Condone 1,233 Days Delay [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2056893-condoned-itat-income-tax-appellate-tribunal-assessee-limitation-appeal-filing-taxcsan.webp "Taxpayer Unable to Sign Appeal Does Not Constitute Reasonable Cause : ITAT Refuses to Condone 1,233 Days Delay [Read Order]")
![CSR Contributions Eligible For Deduction as Donations If Conditions Satisfied u/s 80G: ITAT Accepts 50% of Total Donation [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2056884-csr-itat-csr-deduction-taxscan.webp "CSR Contributions Eligible For Deduction as Donations If Conditions Satisfied u/s 80G: ITAT Accepts 50% of Total Donation [Read Order]")
No Service Tax on Projects Completed Before July 2010, Even If Payments Are Received Later: CESTAT [Read Order]
The Hyderabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that service tax cannot be levied on construction projects completed before July 1, 2010, even if...
![No Service Tax on Projects Completed Before July 2010, Even If Payments Are Received Later: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056881-no-service-tax.webp "No Service Tax on Projects Completed Before July 2010, Even If Payments Are Received Later: CESTAT [Read Order]")
Land and Material Costs Must Be Excluded When Calculating Service Tax on Works Contracts: CESTAT [Read Order]
The Hyderabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that while calculating service tax on works contracts, the value of land and materials must be...
![Land and Material Costs Must Be Excluded When Calculating Service Tax on Works Contracts: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056862-service-tax-taxscan.webp "Land and Material Costs Must Be Excluded When Calculating Service Tax on Works Contracts: CESTAT [Read Order]")
Managing Section 143(2) Income Tax Scrutiny Notices for AY 2024–25: A Guide for Tax Practitioners with Checklist for Taxpayers
The Central Board of Direct Taxes has initiated the widespread issuance of scrutiny notices under Section 143(2) of the Income Tax Act for the Assessment Year 2024–25. As tax professionals, it is...
Rectification Applications u/s 74 of Finance Act Can Extend Appeal Limitation Period If Disposed of Properly: CESTAT [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that filing and disposal of a rectification application under Section 74 of the Finance Act, 1994, can...
![Rectification Applications u/s 74 of Finance Act Can Extend Appeal Limitation Period If Disposed of Properly: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056853-rectification-applications-cestat-taxscan.webp "Rectification Applications u/s 74 of Finance Act Can Extend Appeal Limitation Period If Disposed of Properly: CESTAT [Read Order]")
![Supreme Court & High Courts Weekly Round-up [June 21st to June 28th, 2025]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056770-site-img30-1.webp "Supreme Court & High Courts Weekly Round-up [June 21st to June 28th, 2025]")