ICAI Issues Handbook on Interest, Late Fee and Penalties under GST - December 2025 Edition
The Institute ofChartered Accountants of India (ICAI) has issued the December 2025 Edition of the “Handbook on Interest, Late Fee and Penalties under...
![DGFT Export Restrictions on Garnet Not Limited To Beach Sand Minerals, Apply Regardless of Source: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114569-dgft-export-restrictions-garnet-limited-beach-sand-minerals-apply-regardless-source-cestat.webp "DGFT Export Restrictions on Garnet Not Limited To Beach Sand Minerals, Apply Regardless of Source: CESTAT [Read Order]")
![SVLDR Benefit Not Available For Service Tax SCN Issued After 30 June 2019: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114549-svldr.webp "SVLDR Benefit Not Available For Service Tax SCN Issued After 30 June 2019: Delhi HC [Read Order]")
![EDC Payment TDS Dispute: ITAT Sets Aside TDS Default Order, Directs Fresh Inquiry regarding Income Tax Return Filings [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114488-edc-payment-tds-dispute-itat-sets-aside-tds-default-order-directs-fresh-inquiry-regarding-income-tax-return-filings-taxscan.webp "EDC Payment TDS Dispute: ITAT Sets Aside TDS Default Order, Directs Fresh Inquiry regarding Income Tax Return Filings [Read Order]")
Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]
The Supreme Court in a recent case has upheld the full forfeiture of ₹37.80 crore deposited by the appellant towards the proposed purchase of the Raichur plant of Surana Industries Ltd. in...
![Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114195-failure-meet-nclt-timelines-justifies-full-forfeiture-deposits-supreme-court-rejects-purchases-challenge-liquidation-sale-taxscan.webp "Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]")
Books of Account must be Rejected u/s 145(3) before Unexplained Cash Additions: ITAT Deletes ₹64 Lakh Addition [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the Assessing Officer cannot treat cash deposits as unexplained income without first rejecting the books of account under Section...
![Books of Account must be Rejected u/s 145(3) before Unexplained Cash Additions: ITAT Deletes ₹64 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114512-tribunal-deleted-64-lakh-addition-since-accepted-books-failed-follow-mandatory-procedure-addition-consequential-penalty-under-taxscan.webp "Books of Account must be Rejected u/s 145(3) before Unexplained Cash Additions: ITAT Deletes ₹64 Lakh Addition [Read Order]")
Passenger Carrying 250 gm Undeclared Gold Bar through Green Channel Liable to Confiscation: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that a passenger who carried an undeclared 250-gram gold bar through the green channel was liable to confiscation and the court refused to interfere...
![Passenger Carrying 250 gm Undeclared Gold Bar through Green Channel Liable to Confiscation: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114508-passenger-carrying-250-gm-undeclared-gold-bar-taxscan.webp "Passenger Carrying 250 gm Undeclared Gold Bar through Green Channel Liable to Confiscation: Delhi HC [Read Order]")
Second CRCL Report Prepared without Drawing Fresh Samples of Exported Products: Delhi HC Questions Customs [Read Order]
In a recent ruling, the Delhi High Court questioned the Customs Department for relying on a second CRCL report that was prepared without drawing any fresh samples of the exported products, and...
![Second CRCL Report Prepared without Drawing Fresh Samples of Exported Products: Delhi HC Questions Customs [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114492-second-crcl-report-prepared-without-drawing-fresh-samples-of-exported-products-delhi-hc-questions-customs-taxscan.webp "Second CRCL Report Prepared without Drawing Fresh Samples of Exported Products: Delhi HC Questions Customs [Read Order]")
Worn Rolex Watch Carried by Passenger is ‘Personal Effect’, Cannot be Detained as Import: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that a worn Rolex watch carried by a passenger qualifies as a “personal effect” under the Baggage Rules, 2016, and cannot be detained by customs...
![Worn Rolex Watch Carried by Passenger is ‘Personal Effect’, Cannot be Detained as Import: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114507-the-delhi-high-court-held-worn-rolex-watch-carried-passenger-personal-effect-under-baggage-rules-cannot-detained-customs-import-taxscan.webp "Worn Rolex Watch Carried by Passenger is ‘Personal Effect’, Cannot be Detained as Import: Delhi HC [Read Order]")
Why CA Cannot issue GST Clearance Certificate in Service Tenders: Insights from Bombay HC Order [Read Order]
Government service tenders often impose strict eligibility conditions to ensure that public work is awarded only to compliant and reliable contractors. One common requirement is the submission of a...
![Why CA Cannot issue GST Clearance Certificate in Service Tenders: Insights from Bombay HC Order [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114491-gst-clearance-certificate-service-tenders-bombay-hc-taxscan.webp "Why CA Cannot issue GST Clearance Certificate in Service Tenders: Insights from Bombay HC Order [Read Order]")