IFSCA notifies IFSCA (Procedure for making regulations and subsidiary instructions) Regulations, 2025
The International Financial Services Centres Authority ( IFSCA ) has notified the IFSCA (Procedure for Making Regulations and Subsidiary ...
![Denial of Hearing Despite Prior Direction of Coordinate Bench: Calcutta HC Sets Aside Income Tax Order, Remands Matter to NFAC [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/250x150_2068876-calcutta-high-court-nfac-income-tax-taxscan.webp "Denial of Hearing Despite Prior Direction of Coordinate Bench: Calcutta HC Sets Aside Income Tax Order, Remands Matter to NFAC [Read Order]")
Duty Drawback and RoDTEP Claims Withheld Since 2017: Madras HC Directs Authorities to Act on Exporter’s Grievance Against ‘Risky Exporter’ Status [Read Order]
The Madras High Court has directed the customs authorities to consider a representation for the removal of the “risky exporter” alert and act on the long-pending duty drawback and RoDTEP claims...
![Duty Drawback and RoDTEP Claims Withheld Since 2017: Madras HC Directs Authorities to Act on Exporter’s Grievance Against ‘Risky Exporter’ Status [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068906-madras-high-court-duty-drawback-release-order-taxscan.webp "Duty Drawback and RoDTEP Claims Withheld Since 2017: Madras HC Directs Authorities to Act on Exporter’s Grievance Against ‘Risky Exporter’ Status [Read Order]")
Drawback Demand Quashed as Exporter Not Properly Heard: Madras HC Orders Reconsideration, Directs Exporter to Submit BRCs [Read Order]
The Madras High Court has set aside an order-in-original, which had directed an exporter to repay ₹15.81 lakh as Duty Drawback, along with applicable interest. The Court found that the exporter had...
![Drawback Demand Quashed as Exporter Not Properly Heard: Madras HC Orders Reconsideration, Directs Exporter to Submit BRCs [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068910-madras-high-court-drawback-demand-quashed-taxscan.webp "Drawback Demand Quashed as Exporter Not Properly Heard: Madras HC Orders Reconsideration, Directs Exporter to Submit BRCs [Read Order]")
SC Restores Cheque Dishonour Case: Rules Partners Can Be Prosecuted Even Without Naming Firm [Read Judgement]
The Supreme Court has held that a firm's partners can be prosecuted under Section 138 of the Negotiable Instruments Act, 1881, even if the firm itself is not named as an accused. The Court...
![SC Restores Cheque Dishonour Case: Rules Partners Can Be Prosecuted Even Without Naming Firm [Read Judgement]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068846-supreme-court-cheque-dishonour-taxscan.webp "SC Restores Cheque Dishonour Case: Rules Partners Can Be Prosecuted Even Without Naming Firm [Read Judgement]")
CBI Court sentences Former Sr. Accountant of Postal Department for Two Years for Forgery and Cheating both Centre and State Govt
The Special CBI Court in Patna on Monday sentenced a Senior Accountant with the Postal Department, to two years of rigorous imprisonment along with a fine of ₹1.10 lakh in a case of fraud and...
Nitin Gupta IRS Appointed Chairperson of NFRA: New Executive Body Headed by CBDT, Finance Ministry and Income Tax Dept. Veteran
A civil servant who has undertaken principal positions across various governmental bodies, Gupta previously served as the Chairman of the Central Board of Direct Taxes (CBDT) from June 2022 to June...
![Half-Yearly Customs, Excise and Service Tax Case Digest: CESTAT Decisions 2025 [Part III]](https://images.taxscan.in/h-upload/2025/07/23/500x300_2068012-cestat-3.webp "Half-Yearly Customs, Excise and Service Tax Case Digest: CESTAT Decisions 2025 [Part III]")
No Automatic Dissolution on Partner’s Death: SC Condemns Indian Oil Corporation Limited for Arbitrary Denial of Kerosene Supply to Firm [Read Order]
The Supreme Court of India has dismissed the Special Leave Petition filed by Indian Oil Corporation Limited (IOCL) challenging a Calcutta High Court order that mandated continued kerosene supply to...
![No Automatic Dissolution on Partner’s Death: SC Condemns Indian Oil Corporation Limited for Arbitrary Denial of Kerosene Supply to Firm [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068845-indian-oil-taxscan.webp "No Automatic Dissolution on Partner’s Death: SC Condemns Indian Oil Corporation Limited for Arbitrary Denial of Kerosene Supply to Firm [Read Order]")