Supreme Court to Decide on Whether Wipro Can Claim Excise Exemption for New Products Made in Existing Unit Post Cut-Off Date, Lists matter on 15th Sep 2025
In a pending appeal, the Supreme Court of India is set to examine a challenge filed by the Commissioner of CGST against Wipro Enterprises Pvt. Ltd.,...
![Bar Council of Delhi Cancels Licenses of Over 100 Advocates for Fake Degrees [Read Notification]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086210-bar-council-of-delhi-bar-council-of-india-taxscan.webp "Bar Council of Delhi Cancels Licenses of Over 100 Advocates for Fake Degrees [Read Notification]")
![Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086184-2085588-supreme-court-income-tax-taxscan.webp "Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]")
Customs Dept. Cannot Deny Import Duty Exemption Made under Valid DFRC/DFIA Licences but Later Cancelled by DGFT: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ), Chennai has ruled that Customs authorities cannot deny duty exemption on imports made under valid DFRC/DFIA licences which were...
![Customs Dept. Cannot Deny Import Duty Exemption Made under Valid DFRC/DFIA Licences but Later Cancelled by DGFT: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086130-import-duty-exemption-taxscan.webp "Customs Dept. Cannot Deny Import Duty Exemption Made under Valid DFRC/DFIA Licences but Later Cancelled by DGFT: CESTAT [Read Order]")
NFRA Releases Provisional list of Audit Firms of Listed Companies that Failed to File NFRA-2 forms During 2023-24 [Read Provisional list]
The NationalFinancial Reporting Authority has published a provisional list of audit firms of listed companies that have not filed the NFRA-2 annual return for the reporting period 2023-24 (audit...
![NFRA Releases Provisional list of Audit Firms of Listed Companies that Failed to File NFRA-2 forms During 2023-24 [Read Provisional list]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086131-nfra-releases-provisional-list-audit-firms-of-listed-companies-failed-to-file-nfra-2-during-2023-24-taxscan.webp "NFRA Releases Provisional list of Audit Firms of Listed Companies that Failed to File NFRA-2 forms During 2023-24 [Read Provisional list]")
Service Tax Demand Raised Solely on Income Declared in Income Tax Survey is Not Sustainable: CESTAT [Read Order]
The Delhi bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) ruled that service tax demands cannot be sustained solely on the basis of income declared by an assessee during an...
![Service Tax Demand Raised Solely on Income Declared in Income Tax Survey is Not Sustainable: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086116-service-tax-demand-income-declared-in-income-tax-cestat-taxscan.webp "Service Tax Demand Raised Solely on Income Declared in Income Tax Survey is Not Sustainable: CESTAT [Read Order]")
Exporter’s Declaration in Shipping Bills Not False Merely Due to DRI’s Alternate Classification View: CESTAT sets aside Penalty u/s 114AA [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ), New Delhi held that an exporter’s declaration in Shipping Bills cannot be treated as false or incorrect merely because the...
![Exporter’s Declaration in Shipping Bills Not False Merely Due to DRI’s Alternate Classification View: CESTAT sets aside Penalty u/s 114AA [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086071-exporter-shipping-bills-cestat-penalty-taxscan.webp "Exporter’s Declaration in Shipping Bills Not False Merely Due to DRI’s Alternate Classification View: CESTAT sets aside Penalty u/s 114AA [Read Order]")
Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, dismissed Revenue’s appeal ruling that subsequent conversion by the purchaser does not change the character of the agricultural land sold...
![Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086042-purchase-agricultural-property-sale-agricultural-property-agricultural-property-sale-deductible-itat-income-tax-taxscan.webp "Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]")
Higher Turnover in Books of Accounts Can Be Considered for Service Tax Liability, But Only if Figures Reflect Value of Taxable Services: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ), New Delhi held that higher turnover shown in books of accounts can be considered for determining service tax liability, but ...
![Higher Turnover in Books of Accounts Can Be Considered for Service Tax Liability, But Only if Figures Reflect Value of Taxable Services: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086045-service-tax-liability-taxable-services-cestat-taxscan.webp "Higher Turnover in Books of Accounts Can Be Considered for Service Tax Liability, But Only if Figures Reflect Value of Taxable Services: CESTAT [Read Order]")