Addition made under Section 69A based only on statements and a pen drive that were never tested or corroborated was not justified as such evidence could not be treated as credible unless the taxpayer was confronted with it and given an opportunity to respond.
CBIC clarifies review, revision, and appeal process for GST orders issued by Common Adjudicating Authorities related to DGGI show cause notices.
CBDT notifies FSSAI for income tax exemption under section 10(46A) of the Income-tax Act, effective from assessment year 2026-27, subject to conditions.
India’s Ministry of Finance imposes anti-dumping duties on Potassium Tertiary Butoxide (KTB) from China PR, USA, and Sodium Tertiary Butoxide (STB) from China PR for five years.
India’s Finance Ministry revised anti-dumping duties on Decor Paper imports from China following a mid-term review, adjusting rates for specific producers and others.
Nickel Hydroxide powder with additives like cobalt and graphite was classifiable as a miscellaneous chemical product under Customs Tariff Heading (CTH) 3824 and not as an inorganic chemical under CTH 2825.
IBBI fines Resolution Professional Pankaj Majithia for failing to secure assets, seek NCLT approval, and ensure a transparent auction. A review of the order.
Ministry of Home Affairs extends FCRA registration validity for certain entities with pending renewal applications or expiring between July-September 2025.
Since the notice was issued under Section 148 in the name of a non-existing entity, despite the department having been intimated about the amalgamation much earlier, the impugned notice under Section 148 was null and void. Consequently, the reassessment order passed based on this invalid notice was quashed.
ICAI adds 5 cities for the ISA Assessment Test (3.0) on 12 July 2025. Exam to be held in CBT mode; other details from earlier notice remain unchanged.
