ICAI CA Foundation Exam September 2025 Admit Cards Out!: Download Here
The Institute of Chartered Accountants of India (ICAI) has released the admit cards for the CA Foundation September 2025 session. The admit cards have...
![Bar Council Enrollment Fee Waiver Case: Supreme Court Issues Notice to BCI and BCUP [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/28/250x150_2081455-bar-council-india-taxscan.webp "Bar Council Enrollment Fee Waiver Case: Supreme Court Issues Notice to BCI and BCUP [Read Judgement]")
![Finance Ministry Issues Vacancy Circular for Deputation Posts in GSTAT [Read Circular]](https://images.taxscan.in/h-upload/2025/08/28/250x150_2081437-finance-ministry-issues-vacancy-circular-finance-ministry-gstat-taxscan.webp "Finance Ministry Issues Vacancy Circular for Deputation Posts in GSTAT [Read Circular]")
![Seven Adjacent Residential Units on Same Floor Constitute ‘One Residential House’ u/s 54 of Income Tax Act: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/250x150_2081404-residential-units-one-residential-house-income-tax-act-itat-taxscan.webp "Seven Adjacent Residential Units on Same Floor Constitute ‘One Residential House’ u/s 54 of Income Tax Act: ITAT [Read Order]")
Income Tax Assessment against Company Dissolved and Struck Off u/s 560(5) of Companies Act Held Invalid: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) held that an income tax assessment made against a company dissolved and struck off under Section 560(5) of the Companies Act,2013 was...
![Income Tax Assessment against Company Dissolved and Struck Off u/s 560(5) of Companies Act Held Invalid: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/500x300_2081371-income-tax-assessment-company-dissolved-struck-off-companies-act-itat-taxscan.webp "Income Tax Assessment against Company Dissolved and Struck Off u/s 560(5) of Companies Act Held Invalid: ITAT [Read Order]")
Section 269SS intended to curb Black Money, does not extend to Genuine Final Consideration: ITAT quashes ₹20 Lakh Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin Bench, has set aside a penalty of ₹20 lakh levied under Section 271D of the Income Tax Act, 1961, in a property transaction case, ruling that cash...
![Section 269SS intended to curb Black Money, does not extend to Genuine Final Consideration: ITAT quashes ₹20 Lakh Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/500x300_2081411-itat-delhi-penalty-taxpayer-itat-penalty-taxscan.webp "Section 269SS intended to curb Black Money, does not extend to Genuine Final Consideration: ITAT quashes ₹20 Lakh Penalty [Read Order]")
Centre Extends Cotton Import Duty Exemption by Three Months: Changes Come A Day After Trump’s 50% Tariffs on India [Read Notification]
The central government on Thursday announced the extension of the duty-free exemption period for the import of cotton. The extension has been effectuated to ease pressure on India’s textile...
![Centre Extends Cotton Import Duty Exemption by Three Months: Changes Come A Day After Trump’s 50% Tariffs on India [Read Notification]](https://images.taxscan.in/h-upload/2025/08/28/500x300_2081387-cotton-import-duty-taxscan.webp "Centre Extends Cotton Import Duty Exemption by Three Months: Changes Come A Day After Trump’s 50% Tariffs on India [Read Notification]")
CESTAT Rules Assessable Value Must Be CIF with Air Freight Limited to 20% of FOB, Not Ex-Works [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that assessable value must be based on CIF, with air freight limited to 20% of the FOB value, and...
![CESTAT Rules Assessable Value Must Be CIF with Air Freight Limited to 20% of FOB, Not Ex-Works [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/500x300_2081369-cestat-rules-assessable-value-taxscan.webp "CESTAT Rules Assessable Value Must Be CIF with Air Freight Limited to 20% of FOB, Not Ex-Works [Read Order]")
Failure to Verify Importer’s Credentials and Mis-declaration of Goods: CESTAT Upholds Revocation of Customs Broker License [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that a customs broker’s license can be revoked when the broker fails to verify the importer’s credentials...
![Failure to Verify Importer’s Credentials and Mis-declaration of Goods: CESTAT Upholds Revocation of Customs Broker License [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/500x300_2081363-failure-verify-importers-credentials-mis-declaration-of-goods-cestat-revocation-of-customs-broker-license-taxscan.webp "Failure to Verify Importer’s Credentials and Mis-declaration of Goods: CESTAT Upholds Revocation of Customs Broker License [Read Order]")