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

CESTAT sets aside Rs. 222.1 crore service tax demand on additional license fees citing limitation and no suppression under Section 73(1)
July 2, 2025   Case Laws     Service Tax

Clandestine removal charges upheld based on computerized records despite no cash recovery or excess consumption evidence
July 2, 2025   Case Laws     Central Excise

ITAT allows NHAI grant as shareholder funds, reverses maintenance provision treatment under section 43 Explanation 10
July 2, 2025   Case Laws     Income Tax

Interest payments on booking cancellations held contractual obligations not penalties allowable under section 37(1)
July 2, 2025   Case Laws     Income Tax

Assessee wins appeal on statistical grounds; multiple tax issues remanded to AO for fresh consideration with proper documentation under section 153A
July 2, 2025   Case Laws     Income Tax

Bail granted for tax evasion charges under GST Act Sections 132 after considering custody period and health issues
July 2, 2025   Case Laws     GST

Mechanical approval under section 153D without proper examination invalidates entire assessment order despite procedural compliance
July 2, 2025   Case Laws     Income Tax

FEMA violations upheld for plastic granules import misdeclaration but penalty reduced from Rs 60 lakh to Rs 30 lakh
July 2, 2025   Case Laws     FEMA

Interest on enhanced compensation for land acquisition taxable under sections 145B, 45(5), 56(2)(viii) post-2010 amendment
July 2, 2025   Case Laws     Income Tax

Revenue fails to prove residential units exceed 60 square meters limit for Section 80IB deduction denial
July 2, 2025   Case Laws     Income Tax

ITAT remands transfer pricing case for fresh adjudication despite procedural lapses, rejects business restructuring disclosure requirement
July 2, 2025   Case Laws     Income Tax

Underwriting agreement losses on flat sales upheld as genuine business expenses under section 69C deletion
July 2, 2025   Case Laws     Income Tax

ITAT dismisses revenue appeal confirming deletion of Section 68 additions for accommodation entries and unaccounted commission income
July 2, 2025   Case Laws     Income Tax

ITAT deletes additions for advances from creditors, customer advances, section 68, and voluntary disclosure without corroborating evidence
July 2, 2025   Case Laws     Income Tax

Assessment order passed beyond Section 144C(13) statutory timeline declared invalid due to mandatory procedural non-compliance
July 2, 2025   Case Laws     Income Tax

CESTAT quashes bank guarantee requirement for provisional release of seized betel nuts under Section 110A
July 2, 2025   Case Laws     Customs

Dealer remains eligible for Karasamadhana Scheme benefits despite later Section 64(1) revision proceedings under KVAT Act
July 2, 2025   Case Laws     VAT / Sales Tax

Accused successfully rebutted statutory presumptions under Sections 118 and 139 by proving no debt existed, acquittal upheld
July 2, 2025   Case Laws     Indian Laws

Revenue appeal dismissed on metal scrap valuation redetermination under Rule 12 Customs Valuation Rules 2007
July 2, 2025   Case Laws     Customs

ITAT cancels Black Money Act Section 43 penalty for inadvertent non-disclosure of foreign assets
July 2, 2025   Case Laws     Income Tax

Assessee granted Section 54 exemption after purchasing replacement property within two-year timeframe despite fund rotation allegations
July 2, 2025   Case Laws     Income Tax

Interim bail granted for GST arrest under Section 132(1) due to procedural defects in communicating arrest reasons
July 2, 2025   Case Laws     GST

Petitioner can challenge pre-show cause notice and avail amnesty benefits under Section 128A before June 2025
July 2, 2025   Case Laws     GST

GST registration cancellation overturned due to violation of natural justice principles under Section 29(2)(c)
July 2, 2025   Case Laws     GST

Appeals disposed of regarding provisional attachment order quantification under Sections 3 and 4 PMLA proceedings
July 2, 2025   Case Laws     Money Laundering

More Highlights

Articles Articles, Tax Laws, GST

Short Notes Short Notes

Delegated Powers in Indian Tax Law : Clause 532 of the Income Tax Bill, 2025 Vs. Section 231 of the Income Tax Act, 1961
Legal and Practical Perspectives on Tax Clearance for Departing Individuals under Indian Tax Law : Clause 420 of the Income Tax Bill, 2025, Vs. Section 230 of the Income-tax Act, 1961
Uniform Recovery Mechanisms in Indian Tax Law : Clause 419 of the Income Tax Bill, 2025 vs. Section 229 of the Income-tax Act, 1961
International Tax Recovery Mechanisms under Indian Law : Clause 418 of the Income Tax Bill, 2025 Vs. Section 228A of the Income Tax Act, 1961
Evaluating the Mechanism for Income Tax Recovery via State Governments in India : Clause 417 of the Income Tax Bill, 2025 Vs. Section 227 of the Income-tax Act, 1961
Garnishee Proceedings and Tax Recovery : Clause 416 of the Income Tax Bill, 2025 Vs. Section 226 of the Income-tax Act, 1961
Analysis of Stay and Amendment Provisions in Tax Recovery: Clause 415 of the Income Tax Bill, 2025 vs. Section 225 of the Income-tax Act, 1961
Validity and Amendment of Tax Recovery Certificates : Clause 413(4) of the Income Tax Bill, 2025 Vs. Section 224 of the Income-tax Act, 1961
Jurisdiction and Procedure for Tax Recovery : Clause 414 of the Income Tax Bill, 2025 Vs. Section 223 of the Income-tax Act, 1961
Evolution and Implications of Tax Recovery Provisions in India : Clause 413 of the Income Tax Bill, 2025 Vs. Section 222 of the Income-tax Act, 1961
Legal and Practical Aspects of Penalty for Tax Default under the New and Old Income Tax Laws : Clause 412 of the Income Tax Bill, 2025 Vs. Section 221 of the Income-tax Act, 1961
Comparative Analysis of Tax Recovery and Default Provisions : Clause 411 of the Income Tax Bill, 2025 Vs. Section 220 of the Income Tax Act, 1961
Streamlining Advance Tax Credit in Indian Tax Legislation : Clause 410 of the Income Tax Bill, 2025 Vs. Section 219 of the Income Tax Act, 1961
Analyzing the Deeming Provisions for Advance Tax Default : Clause 409 of the Income Tax Bill, 2025 vs. Section 218 of the Income-tax Act, 1961
Evolution and Implications of Advance Tax Instalment Provisions : Clause 408 of the Income Tax Bill, 2025 Vs. Section 211 of the Income-tax Act, 1961
Assessing Officer's Powers and Taxpayer Rights in Advance Tax : Clause 407 of the Income Tax Bill, 2025 Vs. Section 210(3)-(6) of the Income-tax Act, 1961
Reforming Advance Tax Obligations : Clause 406 of the Income Tax Bill, 2025 Vs. Section 210 of the Income-tax Act, 1961
Comparative Legal Analysis of Advance Tax Computation: Clause 405 of the Income Tax Bill, 2025 vs. Section 209 of the Income Tax Act, 1961
Understanding Advance Tax Thresholds : Clause 404 of the Income Tax Bill, 2025 Vs. Section 208 of the Income-tax Act, 1961
Significant provision governing the liability for the payment of advance tax in India : Clause 403 of Income Tax Bill, 2025 Vs. Section 207 of Income Tax Act, 1961
Legal and Practical Implications of PAN Non-Compliance : Clause 397(2) of the Income Tax Bill, 2025 Vs. Section 206CC of the Income Tax Act, 1961
Centralized Processing of Tax Deduction and Collection Statements : Clause 399 of Income Tax Bill, 2025 and Comparative Analysis with Section 206CB of Income-tax Act, 1961
Evolution of Tax Deduction and Collection Account Number : Clause 397(1) of the Income Tax Bill, 2025 Vs. Section 206CA of the Income-tax Act, 1961
Evolution and Implications of TDS/TCS Default Provisions : Clause 398 of the Income Tax Bill, 2025 Vs. 206C(6A), (7), (7A), and (8) of the Income-tax Act, 1961 of the Income-tax Act, 1961
Innovations in TDS/TCS Reporting and Compliance : Clause 397(3) of Income Tax Bill, 2025 vs. Section 206C(3),(3A),(3B),(5) and (6) of Income Tax Act, 1961

More Notes

Notifications Notifications

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
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

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

FTP

- Corrigendum to Notification No. 18/2025-26 dated 17.06.2025 on amendment in Import Policy of specific items covered under Chapter 71 of ITC (HS) 2022 of Schedule -I (Import Policy)
June 25, 2025

SEBI

- Notification Under Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007
June 25, 2025

IT

- Agreement between the Government of the Republic of India and the Government of Sultanate of Oman for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes
June 25, 2025

ADD

- Corrigendum - Notification No. 20/2025-Customs (ADD), dated the 24th June, 2025
June 24, 2025

FEMA

- Foreign Exchange Management (Export of Goods & Services) (Amendment) Regulations, 2025
June 24, 2025

More Notifications

Circulars/ Public Notices Circulars/ Public Notices

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

Customs

- Amendment in Import Policy of specify items covered under Chapter 71 of ITC (HS) 2022 of Schedule-I (Import Policy)
June 19, 2025

Customs

- Use of ICETABs for efficient export examination and clearance
June 19, 2025

DGFT

- Seeking application for allocation of Pharma Grade Sugar under restricted category
June 18, 2025

Customs

- Ensuring adherence of Indian Standard of respective Input material of Steel and Steel Products intended for import which are notified in QCO and requires mandatory registration on SIMS portal
June 18, 2025

More Circulars

News News, PIB

CCI approves acquisition of shares of Billionbrains Garage Ventures Limited by Viggo Investment Pte. Ltd.
July 2, 2025


CCI approves the proposed investment by British International Investment plc in ReNew Photovoltaics Private Limited.
July 2, 2025


Competition Commission of India approves acquisition of certain equity shares in NACL Industries Limited by Coromandel International Limited
July 2, 2025


Competition Commission of India again penalises Federation of Publishers and Booksellers Association in India ( FPBAI ) and its office-bearers for anti-competitive practices
July 2, 2025


MPEDA Organises First National Skill Olympiad to Promote Seafood Value Addition
July 2, 2025


Rail and road projects evaluated in the 96th Meeting of Network Planning Group
July 2, 2025


Manipur has one of the most stringent processes for issuing Aadhaar to adults, says official
July 2, 2025


Punjab sees record 44 pc growth in GST collections in June
July 1, 2025


DFS launches 3 months campaign for Saturation of Financial Inclusion (FI) Schemes at Gram Panchayat (GP) & Urban Local Body (ULB) level in all districts from 01.07.2025 to 30.09.2025
July 1, 2025


Gross GST collections rise 6.2 pc to over Rs 1.84 lakh cr in Jun
July 1, 2025


Cabinet Approves Research Development and Innovation (RDI) Scheme to scale up Research, Development and Innovation in Strategic and Sunrise Domains
July 1, 2025


Gross and Net GST revenue collections for the month of June, 2025
July 1, 2025


Sebi holds outreach programme to boost municipal bond ecosystem
July 1, 2025


Gross GST collections rise 6.2 pc to over Rs 1.84 lakh cr in June
July 1, 2025


GST Day 2025, celebrating 8 years of GST, One Nation One Tax
July 1, 2025


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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.

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