Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

🚨 Important Update for Our Users

We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.

⚠️ This portal will be discontinued on 31-July-2025 at 23:59:59

⏳ Loading countdown...

If you encounter any issues or problems while using the new portal,
please let us know via our feedback form , with specific details, so we can address them promptly.

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

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

Government Approves International Hospital for Scientific Research Benefits Under Section 35(1)(ii) of Income-tax Act
July 26, 2025   Notifications     Income Tax

Central Government Approves Institution for Social Science Research Under Section 35(1)(iii) of Income-tax Act
July 26, 2025   Notifications     Income Tax

Tax Authority Extends GST Audit Completion Period for 2021-2022 Audits Under Relevant State GST Act
July 26, 2025   Circulars     GST - States

Import clearance allowed without warehousing if authorization issued before Customs clearance under Para 2.12 FTP 2023
July 26, 2025   Circulars     DGFT

DFIA Scheme Limits Technical Correlation to Paragraph 4.29 Inputs; Others Require Only Name and Quantity Declaration
July 26, 2025   Circulars     Customs

Penalty under Section 114 Customs Act requires confiscation under Section 113; no confiscation means no penalty imposed
July 26, 2025   Case Laws     Customs

Filling Toner Powder in Used Cartridges Counts as Manufacture Under Customs Rules, Duty Demand Set Aside
July 26, 2025   Case Laws     Customs

High Court Sets Aside TDS Denial Under Section 197, Orders Fresh Consideration Following SC Precedent
July 26, 2025   Case Laws     Income Tax

Income of Revocable Foreign Trust from Indian NCDs Not Taxable Under Sections 61, 63, 161 India-UAE DTAA
July 26, 2025   Case Laws     Income Tax

NCLAT Upholds Settlement Using Rs. 50 Crores for Construction Costs, Limits RP's Valuation Authority Under CIRP
July 26, 2025   Case Laws     IBC

Sanction for Prosecution Under Sections 276C(1) and 277A Upheld; Assessment Proceedings Don't Bar Criminal Action
July 26, 2025   Case Laws     Income Tax

Section 54(1) allows capital gains exemption when investing sale proceeds in multiple residential houses, not just one unit
July 26, 2025   Case Laws     Income Tax

AO cannot replace DCF with NAV under Rule 11UA without new funds or unaccounted income proof
July 26, 2025   Case Laws     Income Tax

Transfer Order Under Section 127 Upheld Despite Petitioners' Challenges on Hearing and Rank Differences
July 26, 2025   Case Laws     Income Tax

AO exceeded jurisdiction by adding income beyond section 148 reasons; reassessment order under section 147 quashed
July 26, 2025   Case Laws     Income Tax

Business expenses disallowed under Section 37 due to lack of valid contract and insufficient documentary evidence
July 26, 2025   Case Laws     Income Tax

Petition Challenging Cigarette Smuggling Penalty Dismissed; Appeals Allowed Under Section 129A Customs Act
July 26, 2025   Case Laws     Customs

Attachment Order Upheld Under PMLA Sections 5(1) 8(1) Based on Circumstantial Evidence and Financial Trail Analysis
July 26, 2025   Case Laws     Money Laundering

Public Charitable Trust Income Taxed Normally, Section 167A and 167B MMR Not Applicable Here
July 26, 2025   Case Laws     Income Tax

Penalty under Section 271D barred by limitation; reassessment void due to improper approval under Section 151
July 26, 2025   Case Laws     Income Tax

Penalty under Section 129(3) GST Act quashed due to technical glitch, no intent to evade tax found
July 26, 2025   Case Laws     GST

ITAT Upholds Section 263 Revision, Confirms Validity of Section 144 Ex Parte Assessment Order
July 26, 2025   Case Laws     Income Tax

Revision under Section 263 requires total lack of enquiry, not just inadequacy, for valid revision orders
July 26, 2025   Case Laws     Income Tax

HC refuses extraordinary relief in ITC blocking under Rule 86A, emphasizing factual inquiry and evidence-based decisions
July 26, 2025   Case Laws     GST

PVC Raincoats Classified Under HSN 3926 as Plastic Articles, Attracting 18% GST Under Schedule III Entry 111
July 26, 2025   Case Laws     GST

More Highlights

Articles Articles, Tax Laws, GST

Short Notes Short Notes

Legislative Continuity and Change in Tax Treatment of Specified Articles : SCHEDULE-XIII of the Income Tax Bill, 2025 Vs. Comparative Analysis with SCHEDULE 11 of the Income-tax Act, 1961
Statutory Classification of Minerals under Indian Income Tax Law : SCHEDULE-XII of the Income Tax Bill, 2025 Vs. SCHEDULE 07 of the Income-tax Act, 1961
Modernising Provident, Superannuation, and Gratuity Fund Regulation and Taxation : SCHEDULE-XI of the Income Tax Bill, 2025 Vs. SCHEDULE 04 (the Fourth Schedule) of the Income-tax Act, 1961
Practical Perspectives on Insurance Business Taxation in India : SCHEDULE-XIV of Income Tax Bill, 2025 Vs. SCHEDULE 01 of Income-tax Act, 1961
Transitional Powers and Executive Discretion in Indian Tax Statutes : Clause 535 of the Income Tax Bill, 2025 Vs. Section 298 of the Income-tax Act, 1961
The Jurisprudence of Repeal and Savings in Indian Income Tax Law : Clause 536 of the Income Tax Bill, 2025 Vs. Section 297 of the Income-tax Act, 1961
Legislative Scrutiny of Delegated Legislation in Indian Tax Law : Clause 534 of the Income Tax Bill, 2025 Vs. Section 296 of the Income-tax Act, 1961
Rule-Making Powers under Indian Income Tax Law : Clause 533 of the Income Tax Bill, 2025 Vs. Section 295 of the Income Tax Act, 1961
The Legal Evolution of Tax Exemptions for Union Territories : Clause 531 of the Income Tax Bill, 2025 Vs. Section 294A of the Income-tax Act, 1961
Evolution and Analysis of Interim Tax Charging Provisions : Clause 530 of the Income Tax Bill, 2025 Vs. Section 294 of the Income-tax Act, 1961
Evolution of Executive Scheme-Making Powers in Indian Income Tax Law : Clause 532 of the Income Tax Bill, 2025 Vs. Section 293D of the Income-tax Act, 1961
Withdrawal of Statutory Approvals under Indian Income Tax Law : Clause 529 of the Income Tax Bill, 2025 Vs. Section 293C of the Income-tax Act, 1961
Legal Perspectives on Condonation of Delay in Income Tax Approvals : Clause 528 of Income Tax Bill, 2025 Vs. Section 293B of Income-tax Act, 1961
Executive Discretion and Tax Incentives in India's Mineral Oil Sector : Clause 527 of the Income Tax Bill, 2025 Vs. Section 293A of the Income Tax Act, 1961
Immunity and Jurisdictional Bar in Tax Administration : Clause 526 of the Income Tax Bill, 2025 Vs. Section 293 of the Income-tax Act, 1961
Authorisation and Assessment in Multi-Person Search Cases : Clause 525 of the Income Tax Bill, 2025 Vs. Section 292CC of the Income Tax Act, 1961
Rebuttable Presumptions in Tax Searches : Clause 524 of the Income Tax Bill, 2025 Vs. Section 292C of the Income-tax Act, 1961
Deeming Service of Notice in Tax Proceedings Under Income Tax Law : Clause 523 of the Income Tax Bill, 2025 Vs. Section 292BB of the Income-tax Act, 1961
Technicalities vs. Substantive Justice : Clause 522 of the Income Tax Bill, 2025 Vs. Section 292B of the Income-tax Act, 1961
Exclusion of Probationary Relief for Tax Offenders : Clause 521 of the Income Tax Bill, 2025 Vs. Section 292A of the Income-tax Act, 1961
Jurisdictional Thresholds for Tax Offence Trials : Clause 520 of the Income Tax Bill, 2025 Vs. Section 292 of the Income-tax Act, 1961
Immunity from Prosecution under Income Tax Law : Clause 519 of the Income Tax Bill, 2025 Vs. Section 291 of the Income-tax Act, 1961
Practical Impact of Indemnity Provisions in Indian Tax Statutes : Clause 518 of the Income Tax Bill, 2025 Vs. Section 290 of the Income-tax Act, 1961
Legal Mandate for Receipts in Indian Tax Law : Clause 517 of the Income Tax Bill, 2025 Vs. Section 289 of the Income-tax Act, 1961
Evolution of Rounding Off Provisions regarding tax payable in Indian Tax Law : Clause 516 of the Income Tax Bill, 2025 Vs. Section 288B of the Income-tax Act, 1961

More Notes

Notifications Notifications

ADD

- Corrigendum - Notification No. 18/2025-Customs (ADD), dated the 23rd June, 2025
July 24, 2025

IT

- Central Government approves IQRAA International Hospital And Research Centre , under the aegis of J D T Islam Orphanage Committee Kozhikode, Kerala for Scientific Research under the category of Other Institution for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961
July 24, 2025

IT

- Central Government approves Gitarthganga, Ahmedabad for Social Science or Statistical Research under the category of Other Institution for the purposes of clause (iii) of sub-section (1) of section 35 of the Income tax Act, 1961
July 24, 2025

IT

- Exemption from specified income U/s 10(46) of IT Act 1961 - Puducherry Building and Other Construction Workers Welfare Board
July 22, 2025

IT

- Exemption from specified income U/s 10(46) of IT Act 1961 - Andhra Pradesh Building and Other Construction Workers Welfare Board
July 22, 2025

IT

- Exemption from specified income U/s 10(46A) of IT Act 1961 - Moradabad Development Authority
July 22, 2025

IT

- Exemption from specified income U/s 10(46A) of IT Act 1961 - Greater Ludhiana Area Development Authority
July 22, 2025

Cus

- Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A related to "Horses for polo" - Exemption to specified sports goods imported.
July 19, 2025

IT

- Central Government notifies the provisions of Chapter XVII of the IT Act 1961, shall not apply to payments received by International Crops Research Institute for the Semi-Arid Tropics [Exemption from TDS Provisions]
July 18, 2025

Cus

- Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition.
July 18, 2025

ADD

- Seeks to continue levy of anti-dumping duty on Aniline imported from China PR for 5 years
July 18, 2025

IT

- Exemption from specified income U/s 10(46) of IT Act 1961 - Andhra Pradesh Pollution Control Board
July 18, 2025

FTP

- Corrigendum to Notification No. 21/2025-26 dated 27.06.2025 on Port restriction on import of certain goods from Bangladesh to India under ITC (HS), 2022 Schedule 1 (Import Policy)
July 17, 2025

IT

- Seeks to amend Notification No. 67/2018 dated 16th October, 2018 - Designation of the Court of Session as Special Court
July 17, 2025

IT

- Exemption from specified income U/s 10(46A) of IT Act 1961 - New Okhla Industrial Development Authority
July 17, 2025

More Notifications

Circulars/ Public Notices Circulars/ Public Notices

Customs

- Correlation of Technical Characteristics, Quality and Specification of the Inputs with the Export Product under the DFIA Scheme
July 24, 2025

SEBI

- Frequently Asked Questions (FAQs) related to regulatory provisions for Research Analysts
July 23, 2025

FEMA

- Issued updated Security Manual for Licensed Defence Industries (SMLDI), 2025
July 23, 2025

Customs

- Continuation of online application facility under MOOWR Scheme - hosted on Invest India portal
July 23, 2025

DGFT

- Extension in last date of application for export of Pharma Grade Sugar
July 22, 2025

DGFT

- Clarification regarding applicability of Para 2.12 of the Foreign Trade Policy, 2023
July 22, 2025

Customs

- Acceptance of electronic Certificate of Origin (e-CoO) issued under India- Mauritius CECPA
July 22, 2025

Customs

- Submission of applications under MOOWR Scheme
July 22, 2025

DGFT

- Amendment in ANF-2N for issuance of export authorization of Pharma Grade Sugar
July 22, 2025

Income Tax

- Partial Modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962
July 21, 2025

DGFT

- Clarification regarding Export of "Organic Textiles"
July 15, 2025

Customs

- Ensuring adherence of Indian Standard of respective Input material of Steel and Steel Products intended for import which are notified in QCO and requires mandatory registration on SIMS portal
July 15, 2025

DGFT

- Inputs on Draft Internal Compliance Programme Document for adoption by Industry for export of dual use(SCOMET) items
July 14, 2025

IBC

- Withdrawal of Form IP-1 Submission Requirement and Introduction of Revised Reporting Framework CP-1 to CP-5) under the Insolvency and Bankruptcy Code, 2016
July 14, 2025

Customs

- Amendment in Import Policy of specified items covered under Chapter 71 of ITC (HS) 2022 of Schedule-I (Import Policy).
July 9, 2025

More Circulars

News News, PIB

Himachal govt to auction securities worth Rs1,000 crore
July 26, 2025


Exclusion of Aadhaar, ration cards in SIR 'patently absurd': Petitioner NGO to SC
July 26, 2025


India-UK free trade agreement 'game-changing', every section stands to benefit: Goyal
July 26, 2025


India's seafood exports set to compete with Vietnam, Singapore after UK trade deal
July 26, 2025


ED raids against Anil Ambani Group companies continue on day 3
July 26, 2025


India-UK free trade agreement 'game-changing', every section to benefit: Goyal
July 26, 2025


Innovation, R&D Focus, and Policy Reforms could Steer India to a $970 Million Vegetable Seed Hub by 2030
July 26, 2025


Cong won't be scared of BJP's intimidation, says Pilot as he meets Baghel's jailed son
July 26, 2025


US-China trade talks: Can China reduce its export dependence?
July 26, 2025


India-US trade agreement will be big shot in the arm: Arvind Panagariya
July 26, 2025


Government Strengthens Startup Ecosystem Through Fund of Funds, Seed Fund Support, and Credit Guarantee Fund Under Startup India
July 26, 2025


Government Expands GeM Access for MSEs, Startups, and Women Entrepreneurs
July 26, 2025


Roots of India-Maldives relations as deep as the ocean: PM Modi
July 25, 2025


India, UK biz optimistic about FTA seeking to double bilateral trade by 2030: Goyal
July 25, 2025


India-UK trade agreement does not dilute New Delhi''s right to issue compulsory licences: Official
July 25, 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