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BREAKING NEWS
India’s Cotton Textile Exports Crossed $35.6 Billion in Last 3 Years says Union Minister  |  
Fix incoming for MetaMask bug that’s slowly killing solid-state drives  |  
UK working to sell $7B in seized Bitcoin to boost budget: Report  |  
Ethereum is scaling: TPS, gas limit up as validators back 45M target  |  
Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge  |  

August 25, 2025

Category: India

India

Disallowance of Business Expenses Made Without Proper Justification: ITAT Restricts It to 10% of Expenses Claimed [Read Order]

ITAT Caps Disallowance of Unjustified Business Expenses at 10% ITAT Caps Disallowance of Unjustified Business Expenses at 10% In a significant ruling impacting businesses across

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India

Madras HC Conditionally Quashes GST Assessment Orders Over Rejected Appeals, Citing Natural Justice Violation [Read Order]

Madras HC Quashes GST Assessment Orders, Grants Relief to Taxpayer Madras High Court Grants Conditional Relief in GST Assessment Case In a significant ruling, the

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India

Pre-Shipment Inspection Certificate not issued by DGFT-Approved Agency for Mauritius: CESTAT upholds Penalty [Read Order]

Mauritius-Bound Goods Face Penalty: Customs Tribunal Upholds Fine for Faulty Inspection Certificate In a significant ruling impacting exports to Mauritius, the Customs, Excise, and Service

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India

Kerala HC Grants Relief to Spice Exporter: Stays Coercive Action Until Appeal is Heard [Read Order]

Kerala High Court Offers Respite to Spice Exporter, Stay on Coercive Actions Kerala High Court Offers Respite to Spice Exporter, Stay on Coercive Actions The

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India

Google is Hiring Chartered Accountant

Google Announces Hiring for Chartered Accountant Role in India In a significant opportunity for finance professionals in India, Google has announced an opening for an

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India

Accenture Is Hiring B. Com Graduates

Accenture Opens Doors for B.Com Graduates: Exciting Opportunities Await! Accenture is inviting applications for the position of Financial Plan & Analysis Senior Analyst, presenting a

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India

Exported Goods Misdeclared as “Natural Abrasive Grain” Instead of Restricted “Natural Garnet”: CESTAT upholds DGFT Policy Violation [Read Order]

Customs Tribunal Upholds Policy Violation in Export Misdeclaration Case Customs Tribunal Rules Against Exporter in Misdeclaration Case The Customs Excise and Service Tax Appellate Tribunal

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India

Loose Sheets and Pocket Diary Not Sufficient to Prove Clandestine Clearance of Mild Steel Ingots: CESTAT [Read Order]

CESTAT: Loose Papers Insufficient to Prove Illegal Steel Ingot Removal In a recent ruling, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated

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India

Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]

ITAT Upholds 100% Tax Exemption for Co-operative Society Under Section 80P ITAT Reaffirms 100% Tax Exemption Under Section 80P; Dismisses Co-operative Society’s Appeal In a

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India

Wine Stock Discrepancies in Bonded Warehouse: CESTAT finds License Cancellation Too Harsh [Read Order]

CESTAT Relief: License Cancellation Over Wine Stock Discrepancies Deemed Excessive Wine Warehouse License Cancellation Overturned: Penalty Imposed In a recent ruling with significant implications for

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Recent Posts

  • India’s Cotton Textile Exports Crossed $35.6 Billion in Last 3 Years says Union Minister
  • Fix incoming for MetaMask bug that’s slowly killing solid-state drives
  • UK working to sell $7B in seized Bitcoin to boost budget: Report
  • Ethereum is scaling: TPS, gas limit up as validators back 45M target
  • Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge
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