![University’s Affiliation Fees are Statutory levies, exempt from GST: Bombay HC quashes Tax Demand on Educational Activities [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102808-universitys-affiliation-fees-statutory-levies-exempt-from-gst-bombay-hc-tax-demand-educational-activities-taxscan.webp "University’s Affiliation Fees are Statutory levies, exempt from GST: Bombay HC quashes Tax Demand on Educational Activities [Read Order]")
University’s Affiliation Fees are Statutory levies, exempt from GST: Bombay HC quashes Tax Demand on Educational Activities [Read Order]
The Bench of Bombay High Court has quashed Rs.4.83 Crore Goods and Services Tax (GST) amount demanded on educational activities, ruling that the ...
![ITAT Holds Bona Fide Belief and Lack of Technical Knowledge Constitute Sufficient Cause, Condones 972-Day Delay by 71-Year-Old Assessee [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102737-itat-bona-fide-belief-lack-of-technical-knowledge-constitute-sufficient-cause-condones-taxscan.webp "ITAT Holds Bona Fide Belief and Lack of Technical Knowledge Constitute Sufficient Cause, Condones 972-Day Delay by 71-Year-Old Assessee [Read Order]")
![Time-Barred and Vague Satisfaction Note: ITAT Quashes Assessments Beyond Six-Year Limit u/s 153C [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102757-vague-satisfaction-note-itat-itat-quashes-itat-quashes-assessments-taxscan.webp "Time-Barred and Vague Satisfaction Note: ITAT Quashes Assessments Beyond Six-Year Limit u/s 153C [Read Order]")
![Gujarat HC Calls on GST Council to Review 160% Compensation Cess on Merchant Exporter Supplies [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102713-gujarat-high-court-merchant-exporter-gujarat-hc-calls-taxscan.webp "Gujarat HC Calls on GST Council to Review 160% Compensation Cess on Merchant Exporter Supplies [Read Order]")
![Proceedings Must Comply with Faceless Reassessment Procedure under Amended IT Act: Bombay HC Stays Old Notices [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102731-faceless-reassessment-reassessment-it-act-bombay-hc-old-notices-taxscan.webp "Proceedings Must Comply with Faceless Reassessment Procedure under Amended IT Act: Bombay HC Stays Old Notices [Read Order]")
S. 68 Applies to Cash Credits in Books Even under Presumptive Tax: ITAT Deletes Ad Hoc Profit Addition [Read Order]
In a detailed ruling clarifying the interaction between presumptive taxation and unexplained cash credit provisions, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that...
![S. 68 Applies to Cash Credits in Books Even under Presumptive Tax: ITAT Deletes Ad Hoc Profit Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102778-cash-credits-in-books-presumptive-tax-itat-taxscan.webp "S. 68 Applies to Cash Credits in Books Even under Presumptive Tax: ITAT Deletes Ad Hoc Profit Addition [Read Order]")
Supreme Court Backs Byju's, rejects US Lender Glas Trust's Plea against NCLT’s Order on Aakash’s Equity Rights Issue
In a recent ruling, the Supreme Court of India has dismissed appeals filed by US-based lender GLAS Trust Company LLC and the Insolvency Resolution Professional of Byju's, upholding an NCLAT order...
PCIT cannot use Suo Motu Revisional Power u/s 263 if AO has Allowed Deductions after Investigation: Kerala HC grants Relief to Apollo Tyres [Read Order]
The Kerala High Court recently granted relief to Apollo Tyres, holding that the Principal Commissioner of Income Tax (PCIT) cannot invoke suo motu revisional powers under Section 263 of the Income...
![PCIT cannot use Suo Motu Revisional Power u/s 263 if AO has Allowed Deductions after Investigation: Kerala HC grants Relief to Apollo Tyres [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102753-pcit-suo-motu-revisional-power-apollo-tyres-relief-to-apollo-tyres-taxscan.webp "PCIT cannot use Suo Motu Revisional Power u/s 263 if AO has Allowed Deductions after Investigation: Kerala HC grants Relief to Apollo Tyres [Read Order]")
GST Dept cannot Deny ITC to Buyer if Selling Dealer’s Registration Cancelled Post-Transaction: Allahabad HC [Read Order]
The Allahabad High Court recently ruled that the Goods and Services Tax (GST) Department cannot deny input tax credit (ITC) to a purchasing dealer merely because the registration of the selling...
![GST Dept cannot Deny ITC to Buyer if Selling Dealer’s Registration Cancelled Post-Transaction: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102712-gst-dept-itc-to-registration-cancelled-post-transaction-allahabad-hc-taxscan.webp "GST Dept cannot Deny ITC to Buyer if Selling Dealer’s Registration Cancelled Post-Transaction: Allahabad HC [Read Order]")
Delhi HC Sets aside Income Tax Reassessment Notice against Michael and Susan Dell Foundation [Read Order]
The Delhi High Court has set aside an income tax reassessment notice issued against the Michael and Susan Dell Foundation, directing the tax authorities to reconsider the matter after hearing the...
![Delhi HC Sets aside Income Tax Reassessment Notice against Michael and Susan Dell Foundation [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102743-delhi-hc-sets-income-tax-reassessment-notice-michael-susan-dell-foundation-taxscan.webp "Delhi HC Sets aside Income Tax Reassessment Notice against Michael and Susan Dell Foundation [Read Order]")
NCLAT allows Liquidator to remove Auctioned Assets, rejects Reliance Realty's Ownership Claims and Obstruction of Sale Process [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench, dismissed an appeal by Reliance Realty Limited, upholding a National Company Law Tribunal (NCLT) order that...
![NCLAT allows Liquidator to remove Auctioned Assets, rejects Reliance Realtys Ownership Claims and Obstruction of Sale Process [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102710-reliance-nclat-allows-liquidator-ownership-claims-taxscan.webp "NCLAT allows Liquidator to remove Auctioned Assets, rejects Reliance Realtys Ownership Claims and Obstruction of Sale Process [Read Order]")
NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench, dismissed an appeal by Manish Bagrodia, an ex-director of Winsome Yarns Limited, upholding a National...
![NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102703-nclat-valuation-reports-coc-members-and-participants-coc-members-taxscan.webp "NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]")