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Highlights Highlights, Income Tax, GST, Import Eport and Corporate Laws

Kerala SGST Updates Delegation for Waiver Applications Under Section 128A from March 2025 Onward
July 5, 2025   Circulars     GST - States

Kerala GST Department implements Section 74A procedural changes for streamlined tax adjudication across departmental verticals
July 5, 2025   Circulars     GST - States

GST demand order quashed for exceeding show-cause notice amount under Section 75(7)
July 5, 2025   Case Laws     GST

Petitioner's installment request must be considered within three weeks despite admitted liability of Rs.35,59,067
July 5, 2025   Case Laws     GST

Detenue held in illegal custody beyond 24-hour limit violating Article 22 fundamental rights
July 5, 2025   Case Laws     GST

Money laundering accused cannot seek blanket arrest protection without challenging FIRs under Section 438 CrPC
July 5, 2025   Case Laws     Money Laundering

Xiaomi's challenge to FEMA Rule 4(3) opinion formation rejected, unauthorized royalty payments case proceeds to adjudication
July 5, 2025   Case Laws     FEMA

Settlement Commission immunity limited to customs matters, cannot protect against FERA Section 56 export realization violations
July 5, 2025   Case Laws     FEMA

Indexation benefit for LTCG computation starts from letter of intent date not property registration date under section 45
July 5, 2025   Case Laws     Income Tax

ITAT allows short-term capital loss on share sale, rules oral family agreements credible without additional sham evidence
July 5, 2025   Case Laws     Income Tax

ITAT quashes assessment proceedings under section 153C due to jurisdictional defects in satisfaction note
July 5, 2025   Case Laws     Income Tax

Service on Chartered Accountant insufficient for Section 260A appeals; ITAT must serve assessees directly within limitation period
July 5, 2025   Case Laws     Income Tax

Arbitration award set aside for exceeding mandatory three-month timeline under Section 34 violating public policy
July 5, 2025   Case Laws     Indian Laws

GST appeal delay can be condoned under Section 5 of Limitation Act when sufficient cause shown
July 5, 2025   Case Laws     GST

Petition seeking recall of bail order in Input Tax Credit fraud case dismissed for lack of merit
July 5, 2025   Case Laws     GST

Bail granted to accused in CGST evasion case upheld after chargesheet filing constituted material change in circumstances
July 5, 2025   Case Laws     GST

Central Para Military Force wins appeal against service tax demand on notional value of facilities provided by SSP
July 5, 2025   Case Laws     Service Tax

Sales tax incentives for establishing industrial units in developing areas ruled capital receipts under purpose test
July 5, 2025   Case Laws     Income Tax

ITAT quashes revisional order under section 263 on land acquisition compensation interest taxability dispute
July 5, 2025   Case Laws     Income Tax

ITAT reverses income recharacterization ruling AO cannot change business income classification without contrary evidence
July 5, 2025   Case Laws     Income Tax

Director discharged from Section 138 prosecution after proving resignation before cheque issuance through proper company documentation
July 5, 2025   Case Laws     Indian Laws

Company fails to prove underlying debt for dishonored cheque worth Rs 1.5 crores under Section 138
July 5, 2025   Case Laws     Indian Laws

Appeals allowed against currency confiscation and penalty under Sections 121 and 117 in gold smuggling case involving innocent customers
July 5, 2025   Case Laws     Customs

Revision petition dismissed for stock shortage addition under Section 264 - entire shortage taxable as off-books sales
July 5, 2025   Case Laws     Income Tax

ITAT upholds assessment validity despite multiple DINs, allows partial appeal on section 40(a)(iib) additions
July 5, 2025   Case Laws     Income Tax

More Highlights

Articles Articles, Tax Laws, GST

Short Notes Short Notes

Rectification, Stay, and Finality: Dissecting the Tribunal's Role : Clause 363 of Income Tax Bill, 2025 Vs. Section 254 of Income-tax Act, 1961
Reforming the Appellate Process : Clause 362 of the Income Tax Bill, 2025 Vs. Section 253 of the Income-tax Act, 1961
Tribunal Independence and Service Conditions : Clause 361(2) of the Income Tax Bill, 2025 and Section 252A of the Income-tax Act, 1961
Transformation of Tribunal Administration in Indian Tax Law : Clause 361(1), (3) to (5) of the Income Tax Bill, 2025 Vs. Income Tax Bill, 2025 and the Income-tax Act, 1961
Legal Framework and Practical Impact of Appellate Powers in Indian Taxation: : Clause 360 of the Income Tax Bill, 2025 Vs. Section 251 of the Income-tax Act, 1961
Continuity and Change in Income Tax Appellate Procedures : Clause 359 of the Income Tax Bill, 2025 Vs. Section 250 of the Income-tax Act, 1961
Procedure and Limitation for Tax Appeals : Clause 358 of the Income Tax Bill, 2025 Vs. Section 249 of the Income-tax Act, 1961
Redefining Appellate Jurisdiction in Indian Tax Law : Clause 357 of the Income Tax Bill, 2025 Vs. Section 246A of the Income-tax Act, 1961
Evolution of Appellate Remedies in Indian Income Tax Law : Clause 356 of the Income Tax Bill, 2025 Vs. Section 246 of the Income-tax Act, 1961
Appellate Remedies against Advance Rulings : Clause 389 of the Income Tax Bill, 2025 Vs. Section 245W of the Income Tax Act, 1961
Evolution of Procedural Regulation in Advance Rulings under Indian Tax Law : Clause 388 of Income Tax Bill, 2025 Vs. Section 245V of Income Tax Act, 1961
The Transformation of Advance Rulings Powers under Indian Tax Law : Clause 387 of the Income Tax Bill, 2025 Vs. Section 245U of the Income-tax Act, 1961
Fraud, Misrepresentation, and the Void Ab Initio Doctrine in Advance Rulings : Clause 386 of the Income Tax Bill, 2025 Vs. Section 245T of the Income-tax Act, 1961
Jurisdictional Bar on Parallel Proceedings : Clause 385 of the Income Tax Bill, 2025 Vs. Section 245RR of the Income-tax Act, 1961
Procedure for processing applications for advance rulings in the Indian tax regime : Clause 384 of the Income Tax Bill, 2025 and Section 245R of the Income-tax Act, 1961
Procedural Evolution of Advance Ruling Applications : Clause 383 of the Income Tax Bill, 2025 Vs. Section 245Q of the Income-tax Act, 1961
Legal Insights on Vacancies and Defects in Advance Ruling Bodies : Clause 382 of Income Tax Bill, 2025 Vs. Section 245P of Income-tax Act, 1961
Administrative Efficiency vs. Judicial Oversight : Clause 381 of the Income Tax Bill, 2025 Vs. Section 245OB of the Income-tax Act, 1961
Changing Landscape of Advance Rulings in Indian Tax Law : Clause 380 of the Income Tax Bill, 2025 Vs. Section 245N of the 1961 Act
Evolving ADR Mechanisms in Indian Taxation : Clause 379 of the Income Tax Bill, 2025 Vs. Section 245MA of the Income Tax Act, 1961
Set-off and Withholding of Tax Refunds : Clause 438 of the Income Tax Bill, 2025 Vs. Section 245 of the Income-tax Act, 1961
Change in the Interest on Tax Refunds under Indian Income Tax Law : Clause 437 of the Income Tax Bill, 2025 Vs. Section 244A of the Income-tax Act, 1961
Limits on Challenging Completed Assessments in Refund Proceedings : Clause 436 of Income Tax Bill, 2025 Vs. Section 242 of Income-tax Act, 1961
Automatic Refunds under Indian Income Tax Law : Clause 435 of the Income Tax Bill, 2025 Vs. Section 240 of the Income-tax Act, 1961
Procedural and Substantive Aspects of TDS Refunds : Clause 434 of Income Tax Bill, 2025 Vs. Section 239A of the Income-tax Act, 1961

More Notes

Notifications Notifications

Co. Law

- Companies (Listing of equity shares in permissible jurisdictions) Amendment Rules, 2025.
July 3, 2025

CVD

- Seeks to impose CVD on Continuous Cast Copper Wire Rods originating in or exported from Indonesia, Malaysia, Thailand and Vietnam
July 3, 2025

IT

- Exemption from specified income U/s 10(46) of IT Act 1961 - Karnataka State Pollution Control Board
July 2, 2025

IT

- Amendment in Notification No. 44/2017 dated 5th June, 2017 - Cost inflation Index for the F.Y. Year 2025-26
July 1, 2025

Cus (NT)

- Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s MB Crusher
June 30, 2025

Cus (NT)

- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
June 30, 2025

Cus

- Seeks to amend Notification No. 130/2010-Customs, dated the 23rd December, 2010 - Exemption from Additional duty on specified goods by designated airlines when imported from specified countries
June 30, 2025

FTP

- Extension in Minimum Import Price (MIP) Condition on import of Soda Ash covered under Chapter 28 of ITC (HS) 2022, Schedule-I (Import Policy)
June 30, 2025

FTP

- Continuation of imposition of Quantitative Restriction on import of Low Ash Metallurgical Coke under Chapter 27 of ITC (HS) 2022, Schedule - I (Import Policy)
June 30, 2025

Co. Law

- Companies (Restriction on number of layers) Amendment Rules, 2025
June 27, 2025

Co. Law

- Companies (Incorporation) Amendment Rules, 2025
June 27, 2025

FTP

- Port restriction on import of certain goods from Bangladesh to India under ITC (HS), 2022 Schedule 1 (Import Policy)
June 27, 2025

CVD

- Seeks to impose CVD on Digital Offset Printing Plates, originating in or exported from China PR and Taiwan
June 27, 2025

ADD

- Seeks to impose Anti Dumping Duty on imports of Plastic Processing Machines originating in, or exported from China PR and Taiwan for a period of 5 years
June 26, 2025

CVD

- Seeks to impose CVD on imports of " Effect pearlescent pigments or mica pearlescent pigments, excluding effect pigments for automotive applications " originating in or exported from China PR for a period of 5 years
June 26, 2025

More Notifications

Circulars/ Public Notices Circulars/ Public Notices

DGFT

- Procedure for filing application for obtaining Import Authorisation for import of Low Ash Metallurgical Coke subject to Country-wise Quantitative Restrictions (QR)
July 2, 2025

SEBI

- Ease of Doing Investment Special Window for Re-lodgement of Transfer Requests of Physical Shares
July 2, 2025

Customs

- Registration of Importers of Plastic Raw Material on Centralized EPR Portal for Plastic Packaging as per Plastic Waste Management Rules, 2016 (as amended)
July 2, 2025

Customs

- Port restriction on import of certain goods from Bangladesh to India under ITC (HS), 2022 Schedule 1 (Import Policy)
July 1, 2025

Income Tax

- Clarification regarding CBDT's Circular No. 5/2025 dated 28.03.2025 for waiver on levy of interest under section 201(1A)(ii)/ 206C(7) of the Income-tax Act, 1961, as the case may be, in specific cases
July 1, 2025

SEBI

- Extension towards Adoption and Implementation of Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)
June 30, 2025

SEBI

- Timelines for rebalancing of portfolios of mutual fund schemes in cases of all passive breaches
June 26, 2025

SEBI

- Industry Standards on Minimum information to be provided to the Audit Committee and Shareholders for approval of Related Party Transactions
June 26, 2025

DGFT

- Amendment under Appendix 2T (List of Export Promotion Councils/Commodity Boards/Export Development Authorities) of Appendices and ANFs of FTP 2023
June 25, 2025

DGFT

- Amendment in details of an authorized agency enlisted under Appendix 2E of FTP, 2023 - Agency authorized to issue Certificate of Origin (Non - Preferential)
June 25, 2025

Income Tax

- Relaxation of time limit for processing of valid returns of income filed electronically pursuant to order u/s 119(2)(b) of the Income-tax Act, 1961 passed by Competent Authority
June 25, 2025

FEMA

- Extension of the validity of FCRA registration certificates
June 24, 2025

GST

- Reviewing authority, Revisional Authority and Appellate Authority in respect of orders passed by Common Adjudicating Authority (CAA) for show cause notices issued by DGGI
June 24, 2025

Customs

- Extension of validity of the NOC for the Alcoholic Beverages Bottled in Origin & in Bulk
June 20, 2025

Customs

- Amendment in Import Policy of items covered under CTH 2843 under Chapter 28 of ITC (HS) 2022 of Schedule-I (Import Policy)
June 20, 2025

More Circulars

News News, PIB

India expands Quality Control Orders from 14 to 156 in a decade: Union Minister of Commerce and Industry Shri Piyush Goyal
July 5, 2025


153 countries importing toys from India: Union Minister of Commerce and Industry, Shri Piyush Goyal
July 5, 2025


National Conference on Responsible Business Conduct (NCRBC) 2025 concludes its second day
July 5, 2025


Stock markets muscle through intense volatility amid buying rush in heavyweights
July 4, 2025


India-US trade pact likely before July 9; certain issues still pending in agri, auto sectors
July 4, 2025


China imposes anti-dumping duties on European brandy as trade tensions rise
July 4, 2025


World shares mostly down as Trump's tariff deadline looms, while US stocks set records
July 4, 2025


Tax benefits available under NPS shall apply mutatis mutandis to UPS
July 4, 2025


National Herald case: ED case very strange, Sonia Gandhi argues in court
July 4, 2025


Indian team back from US; trade talks to continue
July 4, 2025


Govt employees under Unified Pension Scheme to get tax benefit akin to NPS: Finmin
July 4, 2025


How US-based Jane Street manipulated Indian mkts to make illegal gains of over Rs 36,000 cr
July 4, 2025


Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr
July 4, 2025


BJP legislator says banned gutka easily accessible in Maharashtra, slams FDA
July 4, 2025


ED raids in money laundering case against ex-Jharkhand minister Yogendra Sao
July 4, 2025


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Jiva Seva is Shiva Seva:
Service to humanity is Service to God

May I be born again and again, and suffer thousands of miseries so that I may worship the only God that exists, the only God I believe in, the sum total of all souls—and above all, my God the wicked, my God the miserable, my God the poor of all races, of all species, is the special object of my worship.

- Swami Vivekananda, CW, 5:137

 

 

 

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