CACommunityIndia

AP HC Quashes GST Assessment Once Returns Filed Under Section 62 https://taxguru.in/goods-and-service-tax/ap-hc-quashes-gst-assessment-returns-filed-section-62.html The Andhra Pradesh High Court quashed GST assessment orders issued under Section 62 against Pushpa Decors after the required returns were subsequently filed. The court affirmed the assessment is deemed withdrawn under Section 62(2). The post AP HC Quashes GST Assessment Once Returns Filed Under Section 62 (https://taxguru.in/goods-and-service-tax/ap-hc-quashes-gst-assessment-returns-filed-section-62.html) appeared first on TaxGuru (https://taxguru.in/).

Restorative Justice in Action: Understanding Victimology in India https://taxguru.in/corporate-law/restorative-justice-action-understanding-victimology-india.html India's legal system is shifting to a victim-centered approach, utilizing victimology and re-storative justice through compensation schemes, legal aid, and support centers to prioritize healing over only punishment. The post Restorative Justice in Action: Understanding Victimology in India (https://taxguru.in/corporate-law/restorative-justice-action-understanding-victimology-india.html) appeared first on TaxGuru (https://taxguru.in/).

Supreme Court: Late arbitral award valid unless delay affects findings https://ibclaw.in/supreme-court-late-arbitral-award-valid-unless-delay-affects-findings/ Delay in the delivery of an arbitral award, by itself, is not sufficient to set aside under section 34 of […]

Delay in delivery of an arbitral award, by itself, is not a ground to set aside the award under Section 34 of the Arbitration Act, however, if such delay explicitly and adversely affects the findings, the award may be set aside as being in conflict with the public policy of India [Section 34(2)(b)(ii)] or as patently illegal [Section 34(2A)] and not necessary to invoke the remedy under Section 14(2) – Lancor Holdings Ltd. Vs. Prem Kumar Menon and Ors. – Supreme Court https://ibclaw.in/lancor-holdings-ltd-vs-prem-kumar-menon-and-ors-supreme-court/ Password Email OTP Google Username or Email Password Remember Me   Email Send OTP Enter OTP Verify & Login Resend […]

Objections under Section 47 of Code of Civil Procedure, 1908 (CPC) are maintainable only within a narrow compass, limited to jurisdictional infirmity or voidness, and not for errors of fact or law – MMTC Ltd. Vs. Anglo American Metallurgical Coal Pvt. Ltd. – Supreme Court https://ibclaw.in/mmtc-ltd-vs-anglo-american-metallurgical-coal-pvt-ltd-supreme-court/ Password Email OTP Google Username or Email Password Remember Me   Email Send OTP Enter OTP Verify & Login Resend […]

ITAT Quashes Time-Barred Notice and Upholds CIT(A)’s Approach of Taxing Only Profit on Purchases https://studycafe.in/itat-quashes-time-barred-notice-and-upholds-citas-approach-of-taxing-only-profit-on-purchases-398175.html ITAT Quashes Time-Barred Notice and Upholds CIT(A)’s Approach of Taxing Only Profit on Purchases In the present case, the revenue had filed two appeals challenging separate but the same orders dated 18 June 2024, passed by the National Faceless Appeal Centre (NFAC), Delhi. Due to information received from the Investigation Wing, a search was conducted […]

EPFO Notifies Revised Provident Fund Interest Rate for Q3 of FY 2025-26 https://studycafe.in/epfo-notifies-revised-provident-fund-interest-rate-for-q3-of-fy-2025-26-398184.html EPFO Notifies Revised Provident Fund Interest Rate for Q3 of FY 2025-26 The Employees Provident Fund Organisation (EPFO) under the Ministry of Labour and Employment, Government of India, has recently issued a formal representation (No. HRD/3 (2) 2012/SPF/1448), dated October 27, 2025, announcing revisions in the interest rate for Q3 concerning the Staff Provident Fund […]

GST Department Raids J Infratech Ltd Over Rs. 35 Crore Tax Evasion Allegations in Assam https://studycafe.in/gst-department-raids-j-infratech-ltd-over-rs-35-crore-tax-evasion-allegations-in-assam-398209.html GST Department Raids J Infratech Ltd Over Rs. 35 Crore Tax Evasion Allegations in Assam The State GST Department’s Enforcement Unit raided J Infratech Limited, a construction company based in Gurugram, over allegations of tax evasion worth Rs. 35 crore. The investigation is still ongoing at the company’s Dhubri premises in the Pratapganj region. J […]

ITAT Clarifies: Financial Aid in India, Even for Studies Abroad, Not Foreign Application of Funds https://studycafe.in/itat-clarifies-financial-aid-in-india-even-for-studies-abroad-not-foreign-application-of-funds-398204.html ITAT Clarifies: Financial Aid in India, Even for Studies Abroad, Not Foreign Application of Funds The Income Tax Appellate Tribunal (ITAT), Mumbai, in one of its orders, ruled in favour of an assessee trust by granting Approval under section 80G of the Income Tax Act, 1961, which was earlier rejected by the ld. CIT(E). The […]

EPFO Unveils Employees’ Enrolment Scheme 2025 to Promote Transparency and Regularisation https://studycafe.in/epfo-unveils-employees-enrolment-scheme-2025-to-promote-transparency-and-regularisation-398174.html EPFO Unveils Employees’ Enrolment Scheme 2025 to Promote Transparency and Regularisation The Ministry of Labour and Employment recently issued a press release on November 1 regarding the launch of EPFO’s Employees’ Enrolment Scheme-2025. Union Minister for Labour and Employment and Youth Affairs and Sports, Dr. Mansukh Mandaviya, on November 1, 2025 at the 73rd Foundation […]

SCNs Issued within Limitation Period: Delhi HC upholds Customs Action on Seized Gold Chains u/s 110 of Customs Act https://www.taxscan.in/top-stories/scns-issued-within-limitation-period-delhi-hc-upholds-customs-action-on-seized-gold-chains-customs-act-1436412 The Delhi High Court has upheld the Customs Department’s action in seizing seven gold chains from passengers, holding that the SCNs were issued within the prescribed limitation period under Section 110. The Court directed that the Petitioners be granted a personal hearing to present their case and pay the applicable duty

Late ESI Contribution Deposited Before ITR Due Date: ITAT Upholds Deletion of Disallowance [Read Order] https://www.taxscan.in/top-stories/late-esi-contribution-deposited-before-itr-due-date-itat-upholds-deletion-of-disallowance-1436405 The Tribunal held that employees’ contributions deposited before the due date of filing the Income Tax Return (ITR) under Section 139(1) of the Act could not be disallowed, upholding the deletion of the addition

TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order] https://www.taxscan.in/top-stories/tds-mismatch-on-commission-income-compared-to-form-26as-itat-upholds-deletion-of-216-crore-addition-citing-audited-books-1436388 The Tribunal held that when the assessee's audited books of account reflected all total receipts (including cash and bank transactions) and the discrepancy only pertained to a mismatch with Form 26AS entries, the addition under Section 69A was not justified

No Defect in Books Found: ITAT Upholds Deletion of Ad-Hoc 5% Disallowance on Various Business Expenses [Read Order] https://www.taxscan.in/top-stories/no-defect-in-books-found-itat-upholds-deletion-of-ad-hoc-disallowance-on-various-business-expenses-1436396 The Tribunal held that when the books of accounts were not rejected and the business method had been accepted in previous years, the ad-hoc disallowance of expenses without pointing out specific defects was not justifiable

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Oak Mining: Build Your Legacy in the Digital Future https://www.taxscan.in/news-updates/oak-mining-build-your-legacy-in-the-digital-future-1436407

Trump Tariffs to get questioned at US Top Court https://www.taxscan.in/top-stories/trump-tariffs-to-get-questioned-at-us-top-court-1436395 US President Donald Trump’s expansive import duties are facing the highest judicial scrutiny in the United States, as the Supreme Court prepares to examine the legality of his trade measures. The case could have wide-ranging implications for presidential powers and American trade policy

Identical Gold Chains Not Personal Effects: Delhi HC says Travellers Liable to Declare and Pay Duty [Read Order] https://www.taxscan.in/top-stories/identical-gold-chains-not-personal-effects-delhi-hc-says-travellers-liable-to-declare-and-pay-duty-1436391 Upholding the Customs Department’s action under Section 110 of the Customs Act, 1962, the Court observed that identical gold chains purchased abroad were dutiable articles requiring declaration and payment of duty at the red channel

Notional Interest Cannot Be Added to Fair Rent u/s 23: Bombay HC Upholds AO’s ₹22 Lakh Market Valuation Using Comparable Instances [Read Order] https://www.taxscan.in/top-stories/notional-interest-cannot-be-added-to-fair-rent-us-23-bombay-hc-upholds-aos-22-lakh-market-valuation-using-comparable-instances-1436378 The Court upheld the AO’s market-based valuation of ₹22 lakh, which was derived from comparable rental instances in the same building. The judgment clarifies that municipal rateable value serves only as a guide and may be disregarded when it fails to reflect fair market rent.