![Relief for Wipro Technologies: Karnataka HC Upholds CENVAT Credit Refund Despite Exported Software Services being Non-Taxable [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078210-wipro-technologies-karnataka-hc-cenvat-credit-software-services-non-taxable-taxscan.webp "Relief for Wipro Technologies: Karnataka HC Upholds CENVAT Credit Refund Despite Exported Software Services being Non-Taxable [Read Order]")
Relief for Wipro Technologies: Karnataka HC Upholds CENVAT Credit Refund Despite Exported Software Services being Non-Taxable [Read Order]
The High Court of Karnataka granted relief to Wipro Technologies by upholding the Customs, Excise and Service Tax Appellate Tribunal’s ( CESTAT) order...
![Any equitable mortgage created in favour of Bank after execution of Gift Deed, cannot be a valid mortgage: DRAT Dismisses Appeal of UCO Bank [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078257-any-equitable-mortgage-mortgage-created-in-favour-of-bank-taxscan.webp "Any equitable mortgage created in favour of Bank after execution of Gift Deed, cannot be a valid mortgage: DRAT Dismisses Appeal of UCO Bank [Read Order]")
![‘Vigilantibus Non Dormientibus Jura Subveniunt’: Orissa HC Declines to Entertain Writ Filed against GST S. 73 Order after 11 Months without Explanation [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078252-orissa-hc-declines-gst-taxscan.webp "‘Vigilantibus Non Dormientibus Jura Subveniunt’: Orissa HC Declines to Entertain Writ Filed against GST S. 73 Order after 11 Months without Explanation [Read Order]")
![DIN Mandatory while Issuing GST SCN or Order: Andhra Pradesh HC Quashes Registration Cancellation Notice [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078246-document-identification-number-taxscan.webp "DIN Mandatory while Issuing GST SCN or Order: Andhra Pradesh HC Quashes Registration Cancellation Notice [Read Order]")
![ICAI Releases FAQs Guide on Management Representation Letter (MRL) - August 2025 Edition [Read FAQs]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078239-icai-faqs-management-representation-letter-taxscan.webp "ICAI Releases FAQs Guide on Management Representation Letter (MRL) - August 2025 Edition [Read FAQs]")
Karnataka HC allows Conversion of MEIS Shipping Bills to DEPB Scheme stating Similar Examination Scale, Dismisses Revenue’s Appeal [Read Order]
The High Court of Karnataka upheld the Customs Excise and Service Tax Appellate Tribunal’s ( CESTAT) order allowing the conversion of MEIS shipping bills to the DEPB scheme stating that the scale of...
![Karnataka HC allows Conversion of MEIS Shipping Bills to DEPB Scheme stating Similar Examination Scale, Dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078201-depb-scheme-taxscan.webp "Karnataka HC allows Conversion of MEIS Shipping Bills to DEPB Scheme stating Similar Examination Scale, Dismisses Revenue’s Appeal [Read Order]")
PCIT Orders Reassessment of Investments and FDs u/s 263: ITAT Sets Aside Order, Holds AO Properly Verified Details [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) sets aside Principal Commissioner of Income Tax (PCIT) order directing reassessment of investments and fixed deposits under Section 263 of...
![PCIT Orders Reassessment of Investments and FDs u/s 263: ITAT Sets Aside Order, Holds AO Properly Verified Details [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078223-pcit-investments-and-fds-itat-taxscan.webp "PCIT Orders Reassessment of Investments and FDs u/s 263: ITAT Sets Aside Order, Holds AO Properly Verified Details [Read Order]")
Imposition of 100% Penalty under GST Without Proving Fraud: Supreme Court Restores Review Petition for Fresh Consideration [Read Judgement]
In a recent ruling, the Supreme Court has directed the Andhra Pradesh High Court to reconsider a review petition challenging the imposition of 100% penalty under Section 74 of the Central Goods and...
![Imposition of 100% Penalty under GST Without Proving Fraud: Supreme Court Restores Review Petition for Fresh Consideration [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078214-imposition-of-penalty-penalty-under-gst-without-proving-fraud-taxscan.webp "Imposition of 100% Penalty under GST Without Proving Fraud: Supreme Court Restores Review Petition for Fresh Consideration [Read Judgement]")
Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]
The Central Board of Direct Taxes (CBDT), Ministry of Finance issued Notification No. 133/2025 [G.S.R. 555(E)] dated 18 August 2025, amending the Income Tax Rules, 1962 by introducing two new ...
![Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078208-cbdt-salary-income-tax-rules-taxscan.webp "Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]")
![Govt Exempts Customs Duty and AIDC on Cotton Imports for a Limited Period [Read Notification]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078196-govt-exempts-customs-duty-customs-duty-taxscan.webp "Govt Exempts Customs Duty and AIDC on Cotton Imports for a Limited Period [Read Notification]")
![ITAT Holds SBI PLR Applicable for Arm’s Length Interest on INR-Denominated FCCDs [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078152-arms-length-interest-taxscan.webp "ITAT Holds SBI PLR Applicable for Arm’s Length Interest on INR-Denominated FCCDs [Read Order]")