Top Tax & Finance Stories in India – Latest Updates

Begin typing your search above and press return to search.

Home
»
Top Stories

ITAT Deletes ₹11.18 Lakh Demonetization Addition: NRI’s Cash Deposit Accepted as Genuine US Remittance [Read Order]

In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition of ₹11.18 lakh made on account of cash...

Stamp Duty Refund Interest Principle Distinguished: Calcutta HC Dismisses Plea for Interest on Rent...

Income Tax Details Vital to Verify Business Transactions: Gujarat HC Modifies Bail Conditions in...

Income Tax Returns Not Indicative of Real Earnings: Gujarat HC Dismisses Plea to Reduce Maintenance...

Paytm Payments Bank - RBI - Bank Licence - Operations - taxscan

End to Paytm Payments Bank: RBI Cancels Bank Licence, Operations to Cease

ICAP Removes Attempt Limitation for CA Final Examinations

The Institute of Chartered Accountants of Pakistan (ICAP) has officially announced the removal of restrictions on the number of attempts for the CA Final (CAF) examinations. The decision...

ICAP - Attempt Limitation - CA Final Examinations - taxscan

AAR and AAAR Weekly Round Up

This round-up analytically summarises the key rulings of the Goods and Services Tax Authority for Advance Ruling ( AAR ) and Appellate Authority for Advance Ruling ( AAAR ) reported at...

GSTAT Procedure Rules, 2025: What Tax Practitioners Must Know before Filing Appeal

The Goods and Services Tax (GST), introduced on July 1, 2017, created a unified tax regime jointly administered by the Center and the States. The Goods and Services Tax Appellate Tribunal (GSTAT)...

GSTAT Procedure Rules 2025 - Tax Practitioners - Filing Appeal - taxscan

Penalty u/s 271E Cannot Survive When Quantum Addition is Deleted: ITAT Holds Foundation of Penalty Collapses [Read Order]

The Income Tax Appellate Tribunal (ITAT), AgraBench, held that the penalty imposed under Section 271E of the Income Tax Act, 1961 cannot be sustained when the quantum addition has already been...

Declared Value of Second-Hand Machinery Cannot Be Enhanced Solely on Local Chartered Engineer Certificate: CESTAT [Read Order]

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai bench held that declared value of imported second-hand machinery cannot be enhanced solely on the basis of a local Chartered...

CESTAT Weekly Round-Up

CESTAT Upholds Service Tax on Legal Expenses as Contractor Fails to Substantiate Stamp Purchase Claim M/s Ram Lal Contractor vsCommissioner of Central Excise & CGST, Kanpur ...

Supreme Court & High Courts Weekly Round-Up

This weekly round-up analytically summarises the key stories related to the Supreme Court & High Courts reported at Taxscan.in during the previous week from April 18, 2026 to April 24, 2026. ...