TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

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

CENVAT Credit Allowed on Capital Goods for Captive Power Plant Under Rules 3(4) and 3(5) of Credit Rules
July 8, 2025   Case Laws     Central Excise

Appellant Entitled to Refund with Interest Under Customs Act Section 27A for Capital Goods Import Duty (EPCG)
July 8, 2025   Case Laws     Customs

Appellant Entitled to Refund Under Section 14 Limitation Act for Delay Due to Jurisdictional Lapse in Reassessment
July 8, 2025   Case Laws     Customs

Second Revisional Order Quashed Under Section 263 Due to Lack of Specific Reasons and Evidence
July 8, 2025   Case Laws     Income Tax

Interest deduction allowed under Section 24(b) for let-out property loans; no addition under Section 56(2)(vii)(ii) for minor valuation difference
July 8, 2025   Case Laws     Income Tax

Final Assessment Order Under Section 143(3) Read with 144C(13) Declared Time-Barred for Delay Beyond One Month
July 8, 2025   Case Laws     Income Tax

Receipts from CRS and Altea Systems Are Business Income, Not Royalty Under Section 9(1)(vi)
July 8, 2025   Case Laws     Income Tax

ITAT Sends Taxation of Non-Resident Service Receipts Under DTAA to DRP for Fresh Review
July 8, 2025   Case Laws     Income Tax

ITAT Upholds AO's Assessment Under Sections 143(3), 144B; Allows 80G and 37(1) Deductions
July 8, 2025   Case Laws     Income Tax

Valuation under Section 56(2)(vii)(b) Remanded for Revised DVO Report Considering Assessee's Evidence
July 8, 2025   Case Laws     Income Tax

Section 7 Application Upheld: Financial Debt Valid, Insolvency Proceedings Initiated Despite Settlement Claims
July 8, 2025   Case Laws     IBC

Bail Granted in High-Value Customs Duty Evasion Case Under Section 437 with Strict Conditions
July 8, 2025   Case Laws     Customs

Confiscation of Textile Rolls Quashed as Goods Not Notified Under Section 123; Burden on Revenue Not Met
July 8, 2025   Case Laws     Customs

Provisional Attachment Under PMLA Does Not Require Direct Link Between Offence and Property
July 8, 2025   Case Laws     Money Laundering

Digital Signature on Form 10-IC Valid Under Section 115BAA, Denial of Benefits Set Aside
July 8, 2025   Case Laws     Income Tax

ITAT Rules Payments to Slum Dwellers Not Rent Under Section 194I, Upholds Disallowance of Delayed PF/ESI Payments
July 8, 2025   Case Laws     Income Tax

Penalties under Customs Act Sections 112(a), 112(b), and 114AA Quashed Due to Lack of Evidence and Inquiry Failures
July 8, 2025   Case Laws     Customs

Writ Petition Dismissed for Non-Appearance; No Violation of Natural Justice Under Section 73 CGST/SGST Act
July 8, 2025   Case Laws     GST

GST not applicable on transfer of leasehold rights of industrial land under current GST laws, says HC ruling
July 8, 2025   Case Laws     GST

Depreciation Allowed on Goodwill from Amalgamation Under Approved Scheme and Valuation Report
July 8, 2025   Case Laws     Income Tax

Revision order under Section 263 quashed; assessment under Section 143(3) upheld with valid foreign tax credit and donation deductions
July 8, 2025   Case Laws     Income Tax

Section 263 Revision Not Justified When AO's Order Is Neither Erroneous Nor Prejudicial to Revenue
July 8, 2025   Case Laws     Income Tax

Conviction Affirmed Under Section 138 NI Act for Cheque Dishonour Without Sufficient Defense Evidence
July 8, 2025   Case Laws     Indian Laws

Income Tax Statements Inadmissible in Central Excise Cases; Duty and Penalties Quashed Under Central Excise Rules
July 8, 2025   Case Laws     Central Excise

Provisional Attachment Upheld Under PMLA Sections 8(2) and 8(3); Legitimate Source Not Proven by Appellants
July 8, 2025   Case Laws     Money Laundering

More Highlights

Articles Articles, Tax Laws, GST

Short Notes Short Notes

Restricting Cash Transaction Regime : Clause 185 of Income Tax Bill, 2025 Vs. Section 269SS of Income Tax Act, 1961
Defining the High Court for Tax Matters : Clause 374 of the Income Tax Bill, 2025 Vs. Section 269 of the Income-tax Act, 1961
Monetary Limits of Filing of Appeals by Income-tax Authorities : Clause 373 of the Income Tax Bill, 2025 Vs. Section 268A of the Income-tax Act, 1961
Continuity and Evolution of computation of limitation periods for filing appeals or applications in Indian Income Tax Law : Clause 372 of the Income Tax Bill, 2025 Vs. Section 268 of the Income-tax Act, 1961
Amendment of assessments in cases where appellate proceedings result in a change in the assessment of a body of individuals (BOI) or an association of persons (AOP) : Clause 371 of Income Tax Bill, 2025 Vs. Section 267, Income Tax Act, 1961
Procedural Mechanisms for Executing Supreme Court Cost Awards under Indian Income Tax Law : Clause 370 of Income Tax Bill, 2025 Vs. Section 266 of Income-tax Act, 1961
Doctrine of No Automatic Stay in Tax Recovery : Clause 369, Income Tax Bill, 2025 Vs. Section 265, Income-tax Act, 1961
Creating a schemes for the faceless effect of orders, to reducing direct interactions between taxpayers and tax authorities : Clause 532 of the Income Tax Bill, 2025 Vs. Section 264B of the Income-tax Act, 1961
From Faceless Revision to Comprehensive Reform : Clause 532 of the Income Tax Bill, 2025 Vs. Section 264A of the Income-tax Act, 1961
Administrative Remedies under the Indian Tax Law : Clause 378 of the Income Tax Bill, 2025 Vs. Section 264 of the Income-tax Act, 1961
Revisionary Powers under the Income Tax Law : Clause 377 of the Income Tax Bill, 2025 Vs. Section 263 of the Income-tax Act, 1961
Procedural Safeguards and Judicial Discretion in Supreme Court Appeals : Clause 368 of the Income Tax Bill, 2025 Vs. Section 262 of the Income-tax Act, 1961
Certification and Access to the Supreme Court : Clause 367 of the Income Tax Bill, 2025 Vs. Section 261 of the Income-tax Act, 1961
Majority Decision and Bench Strength : Clause 366 of Income Tax Bill, 2025 Vs. Section 260B of Income Tax Act, 1961
High Court Appeals under Indian Income Tax Law : Clause 365 of the Income Tax Bill, 2025 Vs. Section 260A of the Income-tax Act, 1961
Procedural Autonomy and Judicial Independence in Tax Appeals : Clause 364 of the Income Tax Bill, 2025 Vs. Section 255 of the Income-tax Act, 1961
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

More Notes

Notifications Notifications

IBC

- Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2025.
July 4, 2025

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

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

High-level review held to fast-track infrastructure projects worth Rs.36,296 crore in Gujarat and Rajasthan
July 8, 2025


Markets decline in early trade amid caution ahead of tariff deadline, weak Asian peers
July 7, 2025


Asian shares are mostly down as Trump's tariff deadline looms, pressure steps up
July 7, 2025


Rupee falls 26 paise to 85.66 against US dollar in early trade
July 7, 2025


Trump threatens additional tariffs on countries aligning with 'Anti-American policies of BRICS'
July 7, 2025


Pressure from Trump for trade deals before Wednesday deadline, but hints of more time for talks
July 7, 2025


BRICS group condemns increase of tariffs in summit overshadowed by Middle East tensions
July 7, 2025


BRICS condemns Pahalgam attack; calls for shunning double standards in combating terrorism
July 7, 2025


BRICS condemns Pahalgam attack; calls for shunning double standards in combating terror
July 6, 2025


US tariffs on European goods threaten to shake up world's largest trade relationship
July 6, 2025


Mumbai airport: Man held with hydroponic weed worth Rs 9.6 cr; two held with Rs 1.49 cr gold
July 6, 2025


BRICS summit opens in Brazil overshadowed by Trump's tariff policies, Middle East tensions
July 6, 2025


Ball in Washington's court on India-US interim trade agreement before July 9: Sources
July 6, 2025


Goyal assures Srinagar apple traders to look into their demands
July 6, 2025


NATGRID asks states to use its database to control criminal activities
July 6, 2025


More News

Forum - Popular issues Discussion Forum - queries and issues

Forum - Recent Replied Issues

 

Latest Case Laws Latest Case Laws

 

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

 

 

 

Quick Updates:Latest Updates