![Interest on Investment by Co-operative Society with another Co-operative Society Eligible for Income Tax Deduction u/s 80P: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122603-interest-investment-co-operative-society-another-co-operative-society-taxscan.jfif "Interest on Investment by Co-operative Society with another Co-operative Society Eligible for Income Tax Deduction u/s 80P: ITAT [Read Order]")
Interest on Investment by Co-operative Society with another Co-operative Society Eligible for Income Tax Deduction u/s 80P: ITAT [Read Order]
The Income Tax Appellate Tribunal, (ITAT), Pune Bench, held that the interest income earned by a Co-operative society from investment made with...
![Ignoring Earlier HC Rulings, Revenue Cannot Insist on 10% TDS u/s 197 Without Showing Change in Facts: Delhi HC in SFDC Ireland Case [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/250x150_2122584-ignoring-earlier-hc-rulings-revenue-cannot-insist.webp "Ignoring Earlier HC Rulings, Revenue Cannot Insist on 10% TDS u/s 197 Without Showing Change in Facts: Delhi HC in SFDC Ireland Case [Read Order]")
![Jewellery Sale Found Genuine: ITAT Deletes ₹1.45 Cr Demonetisation Cash Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/250x150_2122592-jewellery-sale-found-genuine-taxscan.webp "Jewellery Sale Found Genuine: ITAT Deletes ₹1.45 Cr Demonetisation Cash Addition u/s 68 [Read Order]")
![Taxpayer Only Account Opener, Acted as Conduit for Third Party Funds: ITAT Limits Income Tax Liability to 0.5% Commission [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/250x150_2122575-taxpayer-account-third-party-funds-itat-limits-income-tax-liability-commission-taxscan.webp "Taxpayer Only Account Opener, Acted as Conduit for Third Party Funds: ITAT Limits Income Tax Liability to 0.5% Commission [Read Order]")
![VAT Refund Delayed for Over 15 Years Entitles Interest from 2009: Delhi HC Directs Payment to Leather Traders [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/250x150_2122586-vat-refund-delayed-over-15-years-entitles-interest-from-2009-delhi-hc-directs-payment-leather-traders-taxscan.webp "VAT Refund Delayed for Over 15 Years Entitles Interest from 2009: Delhi HC Directs Payment to Leather Traders [Read Order]")
Unexplained Deposits are Cash Sales during Demonetization, Only 8% is Income: ITAT Allows Income Tax Appeal Partly [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has partly allowed an appeal, holding only 8% of unexplained cash deposits as income. Since the deposits made during demonetization were...
![Unexplained Deposits are Cash Sales during Demonetization, Only 8% is Income: ITAT Allows Income Tax Appeal Partly [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122590-unexplained-deposits-are-cash-sales-during-demonetization-only-8-is-income-itat-allows-income-tax-appeal-partly-taxscan.webp "Unexplained Deposits are Cash Sales during Demonetization, Only 8% is Income: ITAT Allows Income Tax Appeal Partly [Read Order]")
GST Registration Found Not Credible, Fails to File Returns: Madras HC Refuses to Condone 418-Day Delay in Appeal [Read Order]
In a recent ruling, the Madras High Court has declined to condone a 418-day delay in filing a writ appeal against a GST assessment order. The court observed that the taxpayers' GST registration...
![GST Registration Found Not Credible, Fails to File Returns: Madras HC Refuses to Condone 418-Day Delay in Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122557-gst-registration-found-not-credible-fails-to-file-returns-madras-hc-refuses-to-condone-418-day-delay-in-appeal-taxscan.webp "GST Registration Found Not Credible, Fails to File Returns: Madras HC Refuses to Condone 418-Day Delay in Appeal [Read Order]")
GST SCN did Not Specify Default Period or Dues: Delhi HC sets aside Retrospective Reg. Cancellation [Read Order]
In a recent ruling, the Delhi High Court set aside the retrospective Goods and Services Tax (GST) cancellation order when the show cause notice does not clearly mention the default period or the ...
![GST SCN did Not Specify Default Period or Dues: Delhi HC sets aside Retrospective Reg. Cancellation [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122582-gst-scn-did-not-specify-default-period-dues-taxscan.webp "GST SCN did Not Specify Default Period or Dues: Delhi HC sets aside Retrospective Reg. Cancellation [Read Order]")
![Gold Imports get Costlier as CBIC Raises Customs Tariff Value by $142 per 10 grams [Read Notifications]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122565-gold-imports-costlier-cbic-customs-tariff-value-grams-taxscan.webp "Gold Imports get Costlier as CBIC Raises Customs Tariff Value by $142 per 10 grams [Read Notifications]")
Supreme Court issues Notice on Centre’s Plea Claiming Power to Levy Interest & Penalty on IGST Under Unamended Customs Tariff Act [Read Order]
The Supreme Court of India has issued notice in case dealing with the question of whether interest and penalty can be levied on Integrated Goods and Services Tax (IGST) on imported goods under...
![Supreme Court issues Notice on Centre’s Plea Claiming Power to Levy Interest & Penalty on IGST Under Unamended Customs Tariff Act [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122561-supreme-court-issues-notice-centres-plea-claiming-power-levy-interest-penalty-igst-under-unamended-customs-tariff-act-taxscan.webp "Supreme Court issues Notice on Centre’s Plea Claiming Power to Levy Interest & Penalty on IGST Under Unamended Customs Tariff Act [Read Order]")
Supreme Court Declines to Entertain Plea Against Delhi HC Ruling Setting Aside SFIO Investigation into Moser Baer Group [Read Order]
The Supreme Court of India declined to entertain plea challenging the Delhi High Court’s order which set aside the Central Government’s direction for Serious Fraud Investigation Office (SFIO)...
![Supreme Court Declines to Entertain Plea Against Delhi HC Ruling Setting Aside SFIO Investigation into Moser Baer Group [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122556-supreme-court-declines-entertain-plea-against-delhi-hc.webp "Supreme Court Declines to Entertain Plea Against Delhi HC Ruling Setting Aside SFIO Investigation into Moser Baer Group [Read Order]")