The Appellate Tribunal CESTAT, Delhi partially allowed the appeal in a case concerning the rejection of a rebate on exported services. The Tribunal overturned the denial of refund for housekeeping services, considering them essential as input services. However, the rejection of refund for group insurance and health policy was upheld, as these were deemed welfare measures rather than directly connected to the appellant's business activities. The judgment emphasized the necessity of a service's direct connection to business operations to qualify as an input service for credit eligibility.

The Income Tax Bill, 2025, outlines comprehensive provisions for the administration of income tax in India. It includes definitions, tax charges, and the scope of total income for residents and non-residents. The Bill addresses income deemed received, apportionment between spouses, and exemptions for political parties. It details classifications of income, deductions, and specific conditions for various income heads. It also covers capital gains, losses, deductions for specific expenditures, and special taxation regimes for entities like co-operative societies and non-profit organizations. The Bill further provides for tax authorities' powers, procedures for assessments, penalties, and appeals, and repeals the Income-tax Act, 1961.

The Tribunal partly allowed both the assessee's and revenue's appeals, while dismissing the assessee's cross-objection as infructuous. Key outcomes included the restoration of several issues to the AO for fresh examination, such as the disallowance of weighted deduction u/s 35(2AB), short grant of foreign tax credit, and deletion of addition under section 50C. The Tribunal upheld the CIT(A)'s decisions on various disallowances and transfer pricing adjustments, often following precedents from earlier orders. Additionally, the Tribunal deleted certain transfer pricing adjustments, including those related to share application money and guarantee commissions.

The Tribunal dismissed various grounds raised by the Revenue and allowed several grounds raised by the assessee, following previous decisions and legal principles. The appeal by the assessee was partly allowed for statistical purposes, while the appeal by the Revenue was dismissed.

The Tribunal ruled in favor of the assessee on various grounds including disallowance under section 43B, club membership fees, interest from the Income Tax Department, deduction under section 80HHC, head office expenses, long-term capital loss, additional depreciation, contributions to local organizations, rural development expenses, exchange rate fluctuation loss, PF/ESIC payments, advertisement film expenses, professional fees for software development, exclusion of sales tax and excise duty from turnover, deductions under section 80IA for Vikram Power Unit and rail system, and deduction under section 80M.

The appeal was partly allowed, with directions to re-compute the Arm's Length Price (ALP) and allow certain expenses and depreciation claims. The disallowance under section 37(1) was upheld, referencing a Supreme Court judgment. Penalty proceedings were initiated without merit.

The Tribunal partially allowed the Assessee's appeal, remitting several issues back to the AO/TPO for fresh consideration. The Revenue's appeal was partly allowed for statistical purposes, with specific directions given for each issue. The Tribunal addressed various tax issues, including transfer pricing adjustments, warranty cost adjustments, disallowance of provisions, TDS disallowances, deferred revenue additions, MTM losses, and corporate tax matters, providing detailed analysis and directions for compliance and verification.

The court held that transactions involving the supply of implants, surgical items, and medicines during medical treatment are predominantly services and not sales. Therefore, these transactions are not subject to VAT under the RVAT Act, 2003. The judgment of the Tax Board was upheld, deciding in favor of the respondents-assessees and against the petitioner-Revenue. All Sales Tax Revision Petitions were dismissed.

The Tribunal remitted several issues back to the AO/TPO for fresh consideration or verification, including the bifurcation of service segments, adjustment for warranty cost, addition of deferred revenue, disallowance of miscellaneous expenses and advances written off, provision for warranty expenses, disallowance of rebates, future lease rentals, and TDS deductions. The Tribunal upheld decisions to delete additions for repairs and maintenance, interest levies, suppression of income, advances written off, unexplained expenditure, foreign exchange loss, and other liabilities. The Assessee's appeal was partly allowed, while the Revenue's appeal was partly allowed for statistical purposes.

The Tribunal partly allowed the assessee's appeals for AYs 2003-04 and 2006-07, and fully allowed appeals for AYs 2007-08 and 2008-09. It dismissed the Revenue's appeals for AYs 2003-04, 2006-07, 2007-08, and 2008-09. Key rulings included the recognition of subsidies as non-taxable capital receipts, allowance of business-related aircraft expenditure, and acceptance of deductions under sections 80HHC and 80IA. The Tribunal upheld the CIT(A)'s decisions on various disallowances and deductions, emphasizing adherence to judicial precedents and proper inquiry procedures.

The court dismissed the appeal, upholding the decisions of MERC and APTEL. The Appellant is obligated to pay Late Payment Surcharge (LPS) as per the terms of the Power Purchase Agreements (PPAs), and the RBI notifications do not constitute a change in law affecting the PPAs. The court emphasized that contractual terms must be honored, and financial difficulties or changes in interest rate systems do not alter the obligations under the PPAs.

The National Anti-Profiteering Authority found that the Respondent had contravened Section 171 of the CGST Act by not passing on the benefit of additional Input Tax Credit to buyers, resulting in profiteering. The Respondent was directed to refund the profiteered amount with interest to affected buyers within three months. A Show Cause Notice for a penalty was issued, and the DGAP was directed to investigate additional ITC benefits in 24 other projects. The Commissioners of CGST/SGST Haryana were tasked with ensuring compliance with the order.

The National Anti-Profiteering Authority (NAA) found the Respondent guilty of not passing on the benefit of Input Tax Credit (ITC) post-GST, resulting in profiteering of ?13,35,79,636/-. The NAA ordered the Respondent to reduce prices, refund the profiteered amount with interest, and pass on future ITC benefits. A Show Cause Notice for penalty under Section 171(3A) of the CGST Act, 2017 was issued. The Commissioners of CGST/SGST Haryana were tasked with monitoring compliance. The order, delayed by the COVID-19 pandemic, was passed under the force majeure clause.

The Tribunal partly allowed the Revenue's appeals for assessment years 2012-13, 2013-14, and 2014-15, and partly allowed the appeal for assessment year 2011-12. The decisions were based on detailed analysis, with findings including condonation of appeal filing delay, validation of reassessment based on new information, disallowance of expenses without opportunity for cross-examination, and various disallowances being upheld or deleted based on legal principles and evidentiary support.

The tribunal partly allowed the Revenue's appeal, emphasizing the importance of examining the nature and genuineness of expenditures in accordance with the law, even when following the mercantile system of accounting. The judgment highlighted the need for a thorough assessment of expenses and adherence to accounting practices to ensure accurate computation of profits and gains.

The High Court held that mineral oil wells should not be treated as buildings for depreciation under Section 32 of the Income-tax Act. The court restored the decision of the Commissioner of Income-tax (Appeals) and reversed the Tribunal's findings, ruling in favor of the assessee.

The court held that credit for income tax paid in a foreign country in relation to income under Section 10A is not available under Section 90(1)(a). Unavailed MODVAT credit cannot be considered as income under Section 2(24). Commission paid to directors should be allocated to the units they head. AMC profits related to computers manufactured by the assessee are eligible for deduction under Section 80IB. VAT and GST collected in foreign jurisdictions should be included in export turnover. Capital gains on stock-in-trade conversion should be recognized when sold. Deduction under Section 10A for foreign exchange yet to be received is allowed. Software sales to STP units should be excluded from export turnover. Corporate expenses allocated at 20%. Expenses allocation based on actual expenditure. Units approved by STPI are eligible for deduction under Section 10A. Losses of 10A units carried forward. Various incomes included under Section 80HHC. Certain incomes exempted under Section 10A. Provision for warranty claims allowable. Non-deduction of TDS for software imports not disallowed. Excise duty and sales tax included in total turnover under Section 80HHC. Telecommunication expenses exclusion remanded. Prior period items question deleted. Interest levy under Section 234D remanded. Termination expenses not substantial question of law. Taxability of interest under Section 244A remanded for calculation.

A single working woman inquired about tax rebates on medical expenses for herself and her non-dependent parents, specifically mentioning Rs. 20,000 spent on dental treatment. Two responses clarified that under Section 80DDB, deductions are available for medical expenses related to critical illnesses, but only for dependents, and require a medical certificate from a government hospital. The deductions are up to Rs. 40,000, or Rs. 60,000 for senior citizens. However, no deductions are available for dental expenses, and only Medi-claim insurance premiums or medical allowances from employers, up to Rs. 15,000, are deductible.

The Tribunal allowed the deduction for accrued leave salaries paid during the Assessment Year 1986-87. The ground regarding expenditure on maintenance of certain buildings was dismissed. The Tribunal decided in favor of the assessee for recovery of guest house expenses and partly allowed the appeal on disallowance of expenditure on tea and coffee served to visitors. However, disallowances on various other expenses were upheld, including payments to clubs, expenditure on employees' get-togethers, and business meetings. Deductions for investments, contributions, remuneration, and allowances were mostly allowed, following precedents and judgments from previous years.

Captive consumption refers to the use of goods produced by one division of an organization and consumed by another division within the same entity for further manufacturing. Excise duty liability arises upon manufacturing but is collected upon removal from the manufacturing site, regardless of sale. The assessable value for captive consumption is 110% of the cost of production, as per Central Excise Valuation Rules, 2000. Cost components include materials, wages, direct expenses, overheads, quality control, R&D, packing, and administrative costs related to production. Adjustments for stock, scrap, and by-products are made, while financial charges and abnormal costs are excluded.