![Natural Justice Breach and Procedural Delay Renders GST Assessment Invalid: Madras High Court Directs De-Freezing of Bank Accounts [Read Order]](https://images.taxscan.in/h-upload/2025/10/19/500x300_2098018-natural-justice-breach-and-procedural-delay-renders-gst-assessment-invalid-madras-high-court-directs-de-freezing-of-bank-accounts-txn.webp "Natural Justice Breach and Procedural Delay Renders GST Assessment Invalid: Madras High Court Directs De-Freezing of Bank Accounts [Read Order]")
Natural Justice Breach and Procedural Delay Renders GST Assessment Invalid: Madras High Court Directs De-Freezing of Bank Accounts [Read Order]
The Bench of the Madras High Court ruled that breach of principles of natural justice and undue procedural delay in completing assessment...
Relief for Dalmia Bharat: ITAT Rules Payment for Technical Knowhow on Manufacturing Refractories is Revenue Expenditure, Not Capital [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that the amount to be a fully deductible revenue expenditure regarding the disallowance of payments made for acquiring technical ...
![Relief for Dalmia Bharat: ITAT Rules Payment for Technical Knowhow on Manufacturing Refractories is Revenue Expenditure, Not Capital [Read Order]](https://images.taxscan.in/h-upload/2025/10/19/500x300_2097957-dalmia-bharat-itat-rules-payment-technical-knowhow-manufacturing-refractories-revenue-expenditure-capital-taxscan.webp "Relief for Dalmia Bharat: ITAT Rules Payment for Technical Knowhow on Manufacturing Refractories is Revenue Expenditure, Not Capital [Read Order]")
Failure to verify New vs. Renewed Deposits on unsecured loans: ITAT Remits ₹2.62 Cr Issue for Fresh verification [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) remitted the matter to the Assessing Officer (AO) for a fresh adjudication of the addition made on account of unsecured loans accepted by...
![Failure to verify New vs. Renewed Deposits on unsecured loans: ITAT Remits ₹2.62 Cr Issue for Fresh verification [Read Order]](https://images.taxscan.in/h-upload/2025/10/19/500x300_2097944-failure-to-verify-new-vs-renewed-deposits-unsecured-loans-itat-remits-fresh-verification-taxscan.webp "Failure to verify New vs. Renewed Deposits on unsecured loans: ITAT Remits ₹2.62 Cr Issue for Fresh verification [Read Order]")
Relief for Dalmia Bharat: ITAT Rules Cancellation of Forward Contract for Machinery is capital receipt [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of Rs. 92,05,509 and held that the gain from the cancellation of a foreign exchange forward contract was a capital ...
![Relief for Dalmia Bharat: ITAT Rules Cancellation of Forward Contract for Machinery is capital receipt [Read Order]](https://images.taxscan.in/h-upload/2025/10/19/500x300_2097942-dalmia-bhara-itat-rules-cancellation-forward-contract-machinery-capital-receipt-taxscan.webp "Relief for Dalmia Bharat: ITAT Rules Cancellation of Forward Contract for Machinery is capital receipt [Read Order]")
![ITAT upholds ₹7.66 Cr Business Loss from NSEL Suspension as Bad Debt u/s 36(1)(vii) [Read Order]](https://images.taxscan.in/h-upload/2025/10/19/500x300_2097938-itat-business-loss-nsel-us-361vii-taxscan.webp "ITAT upholds ₹7.66 Cr Business Loss from NSEL Suspension as Bad Debt u/s 36(1)(vii) [Read Order]")
![Share Premium from Earlier Year Not Taxable: ITAT Deletes ₹6.40 Lakh Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/500x300_2097801-share-premium-itat-taxscan.webp "Share Premium from Earlier Year Not Taxable: ITAT Deletes ₹6.40 Lakh Addition u/s 68 [Read Order]")
Donation Deduction Issue Rendered Academic: ITAT declines to Examine Claim u/s 35(1)(ii) After Invalidating Reopening [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that there was no need for adjudication on the issue of deduction claimed for donations made to an approved scientific research...
![Donation Deduction Issue Rendered Academic: ITAT declines to Examine Claim u/s 35(1)(ii) After Invalidating Reopening [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/500x300_2097798-donation-deduction-itat-taxscan.webp "Donation Deduction Issue Rendered Academic: ITAT declines to Examine Claim u/s 35(1)(ii) After Invalidating Reopening [Read Order]")
₹173 Cr from Insider Trading in Indian Energy Exchange Shares: SEBI Imposes Market & Banking Restrictions on Noticees
The Securities andExchange Board of India (SEBI) recently passed an ex-parte interim order restraining eight connected individuals from dealing in securities and freezing alleged unlawful gains of...
