Fighting Corruption in Luxury? Lokpal Plans ₹70-Lakh BMWs for Its Members, Sparks Outrage
India’s anti-corruption ombudsman, the Lokpal, is facing sharp criticism after issuing a tender to buy seven luxury sedans, priced at about Rs. 70...
![DGFT Eases Import Rules for Lightweight Synthetic Knitted Fabrics [Read Notification]](https://images.taxscan.in/h-upload/2025/10/21/250x150_2098922-dgft-synthetic-knitted-fabrics-knitted-fabrics-fabrics-lightweight-synthetic-knitted-fabrics-taxscan.webp "DGFT Eases Import Rules for Lightweight Synthetic Knitted Fabrics [Read Notification]")
![MAT Adjustment Must Be Based on Lower of Business Loss or Depreciation: ITAT Dismisses Appeal of Sungroup Enterprises [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/250x150_2098829-sungroup-enterprises-itat-new-delhi-mat-adjustment-taxscan.webp "MAT Adjustment Must Be Based on Lower of Business Loss or Depreciation: ITAT Dismisses Appeal of Sungroup Enterprises [Read Order]")
![Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/250x150_2098825-section-7-ibc-petition-nclt-pre-covid-taxscan.webp "Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]")
![Post-Reservation Application to Deposit Rs. 15.62 Crores Under Rule 11 Not Maintainable: NCLAT Dismisses Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/250x150_2098817-appeal-taxscan.webp "Post-Reservation Application to Deposit Rs. 15.62 Crores Under Rule 11 Not Maintainable: NCLAT Dismisses Appeal [Read Order]")
Testing and Analysis Services provided to Foreign Clients Qualify as 'Export of Services' under the FTDR Act: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Bench at Hyderabad allowed appeals by assessee against Order-in-Original dated 29.10.2012 October 29, 2012. They have appealed against...
![Testing and Analysis Services provided to Foreign Clients Qualify as Export of Services under the FTDR Act: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/500x300_2098807-analysis-services-foreign-clients-export-services-ftdr-act-cestat-.webp "Testing and Analysis Services provided to Foreign Clients Qualify as Export of Services under the FTDR Act: CESTAT [Read Order]")
Service Tax Demand Cannot be Held as Bad in Law merely due to Payment made in Advance: CESTAT Remands Appeal for Redetermination [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Bench at Hyderabad partly allowed an appeal against the demand for Rs.2,44,22,912/- raised by department under four different ...
![Service Tax Demand Cannot be Held as Bad in Law merely due to Payment made in Advance: CESTAT Remands Appeal for Redetermination [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/500x300_2098801-service-tax-demand-cestat-hyderabad-tascan.webp "Service Tax Demand Cannot be Held as Bad in Law merely due to Payment made in Advance: CESTAT Remands Appeal for Redetermination [Read Order]")
Trading is Not a Service under Cenvat Credit Rules: CESTAT Remands Appeal for Recalculation of Recoverable Credit and Penalty [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) at Hyderabad allowed an appeal by way of remand to the Original Authority for the purpose of computation of the amount of credit...
![Trading is Not a Service under Cenvat Credit Rules: CESTAT Remands Appeal for Recalculation of Recoverable Credit and Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/500x300_2098790-cenvat-credit-rules-taxscan.webp "Trading is Not a Service under Cenvat Credit Rules: CESTAT Remands Appeal for Recalculation of Recoverable Credit and Penalty [Read Order]")
Brought-Forward Loan Cannot Be Taxed without Payment During Relevant Year: ITAT Deletes ₹1.45 Cr Deemed Dividend Addition [Read Order]
The bench of the Income Tax Appellate Tribunal, Raipur, held that loans received in an earlier year cannot be treated as deemed dividend in a subsequent year when no payment was made during the...
![Brought-Forward Loan Cannot Be Taxed without Payment During Relevant Year: ITAT Deletes ₹1.45 Cr Deemed Dividend Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/500x300_2098691-taxed-without-payment-itat-deemed-dividend-taxscan.webp "Brought-Forward Loan Cannot Be Taxed without Payment During Relevant Year: ITAT Deletes ₹1.45 Cr Deemed Dividend Addition [Read Order]")
