![Maida Pappad is ‘Snack Pellet’, Applies 5% GST Due to Extrusion Process, rules AAR [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/500x300_2075505-maida-papad.webp "Maida Pappad is ‘Snack Pellet’, Applies 5% GST Due to Extrusion Process, rules AAR [Read Order]")
Maida Pappad is ‘Snack Pellet’, Applies 5% GST Due to Extrusion Process, rules AAR [Read Order]
The Tamil Nadu Authority for Advance Ruling (AAR) has held that so-called 'Maida Pappad' qualifies as extruded snack pellets, attracting 5% GST...
![Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/250x150_2075493-insolvency.webp "Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]")
![Non-issuance and Non-service of Notice u/s 143(2) Renders Reassessment Order Null and Void: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/250x150_2075447-2071302-reassessment-set-of-facts-available-original-assessment-legally-bad-itat-taxscan.webp "Non-issuance and Non-service of Notice u/s 143(2) Renders Reassessment Order Null and Void: ITAT [Read Order]")
![IBBI Acknowledges One-Day Delay in RTI Response but Sees No Ground to Interfere with CPIO’s Reply [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/250x150_2075470-ibbi-reply-delay-taxscan.webp "IBBI Acknowledges One-Day Delay in RTI Response but Sees No Ground to Interfere with CPIO’s Reply [Read Order]")
![Customs Fails to Prove 2019 Order Served: CESTAT Treats 2021 Attested Copy as Service Date, says Appeal File on Time [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/250x150_2075459-customs-fails-order-served-cestat-service-appeal-taxscan.webp "Customs Fails to Prove 2019 Order Served: CESTAT Treats 2021 Attested Copy as Service Date, says Appeal File on Time [Read Order]")
Smuggling of Gold Concealed Behind Car Arm Rest Without Licit Documents: CESTAT Upholds Confiscation and Penalty u/s 112(b) [Read Order]
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the confiscation of gold and penalty under Section 112(b) of the Customs Act, 1962, after the assessee...
![Smuggling of Gold Concealed Behind Car Arm Rest Without Licit Documents: CESTAT Upholds Confiscation and Penalty u/s 112(b) [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/500x300_2075439-2065083-smuggling-gold-concealed-shoes-via-airport-staff-taxscan-4.webp "Smuggling of Gold Concealed Behind Car Arm Rest Without Licit Documents: CESTAT Upholds Confiscation and Penalty u/s 112(b) [Read Order]")
Bonafide Error in Claiming 15% Depreciation Instead of 7.5%: ITAT finds Assessee Eligible for Additional Depreciation u/s 32(1)(iia) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) held that a bonafide error in claiming 15% depreciation instead of the eligible 7.5% on plant and machinery used for less than 180 days ...
![Bonafide Error in Claiming 15% Depreciation Instead of 7.5%: ITAT finds Assessee Eligible for Additional Depreciation u/s 32(1)(iia) [Read Order]](https://images.taxscan.in/h-upload/2025/08/10/500x300_2075264-bonafide-error-bonafide-error-in-claiming-15-depreciation-taxscan.webp "Bonafide Error in Claiming 15% Depreciation Instead of 7.5%: ITAT finds Assessee Eligible for Additional Depreciation u/s 32(1)(iia) [Read Order]")
Legal Heir Cannot Be Expected to Explain Unexplained Bank Credits of Deceased: ITAT notes AO fails to Verify Sources, Deletes Penalty [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted penalty under section 271(1)(c) of Income Tax Act,1961, holding that a legal heir cannot be expected to explain unexplained ...
![Legal Heir Cannot Be Expected to Explain Unexplained Bank Credits of Deceased: ITAT notes AO fails to Verify Sources, Deletes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/08/10/500x300_2075254-legal-heir-explain-unexplained-bank-credits-unexplained-bank-credits-taxscan.webp "Legal Heir Cannot Be Expected to Explain Unexplained Bank Credits of Deceased: ITAT notes AO fails to Verify Sources, Deletes Penalty [Read Order]")
Surcharge on Private Discretionary Trust Income: ITAT Applies 15% Rate as Income Does Not Exceed ₹2 Crores [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) applied a 15% surcharge on the income of a private discretionary trust, as the total income did not exceed ₹2 crores. Anil Gala...
![Surcharge on Private Discretionary Trust Income: ITAT Applies 15% Rate as Income Does Not Exceed ₹2 Crores [Read Order]](https://images.taxscan.in/h-upload/2025/08/10/500x300_2075243-surcharge-on-private-discretionary-private-discretionary-taxscan.webp "Surcharge on Private Discretionary Trust Income: ITAT Applies 15% Rate as Income Does Not Exceed ₹2 Crores [Read Order]")
SBN Deposits Not Unexplained Income: ITAT Deletes ₹ 17.16 Lakh Addition u/s 69A, Holds Demonetization Deposits Valid Until 31.12.2016 [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that deposits of Specified Bank Notes (SBNs) made during the demonetisation period cannot be treated as unexplained income...
![SBN Deposits Not Unexplained Income: ITAT Deletes ₹ 17.16 Lakh Addition u/s 69A, Holds Demonetization Deposits Valid Until 31.12.2016 [Read Order]](https://images.taxscan.in/h-upload/2025/08/10/500x300_2075225-sbn-deposits-sbn-deposits-not-unexplained-income-taxscan.webp "SBN Deposits Not Unexplained Income: ITAT Deletes ₹ 17.16 Lakh Addition u/s 69A, Holds Demonetization Deposits Valid Until 31.12.2016 [Read Order]")
![SEBI Revises Framework for Conversion of Private Listed InvIT into Public InvIT [Read Circular]](https://images.taxscan.in/h-upload/2025/08/10/500x300_2075207-sebi-sebi-revises-framework-for-conversion-taxscan.webp "SEBI Revises Framework for Conversion of Private Listed InvIT into Public InvIT [Read Circular]")