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May 13, 2024 Case Laws Income Tax

Penalty u/s 271C - failure to deduct TDS u/s 194C on External Development Charges - The High court noted that the applicability of Section 194C had been explicitly......
May 13, 2024 Case Laws Income Tax

Rectification of mistake u/s 254 - Deduction u/s 80IB - Delay in filing of return of income (ITR) - The High Court, while acknowledging the belated filing of the ROI,......
May 13, 2024 Case Laws Income Tax

Addition of excess jewellery found in search - The Court interpreted CBDT Instruction 1916 and emphasized that it pertains to the seizure stage and does not dictate......
May 13, 2024 Case Laws Income Tax

Addition u/s 41(1) - cessation of liability - In light of the precedent set forth in Sugauli Sugar Works, wherein the Supreme Court clarified that the mere lapse of time....
May 13, 2024 Case Laws Income Tax

Disallowance of depreciation on new Honda City car - The Tribunal observed that the appellant had purchased the vehicle and got it insured on 30.09.2009, which was......
May 13, 2024 Case Laws Income Tax

TP Adjustment - The Appellate Tribunal considered the amendment made to the section, which specified domestic transactions exceeding a certain threshold. The Tribunal......
May 13, 2024 Case Laws Income Tax

TP Adjustment - comparable selection - The Tribunal upheld the inclusion of HSIL Limited in the list of comparables, considering its core business activities in......
May 13, 2024 Case Laws Income Tax

Penalty u/s 271(1)(b) - non-compliance of notice issued u/s 142(1) - Referring to the precedent set by the Supreme Court in Hindustan Steel Ltd. vs. State of Orissa, the....
May 13, 2024 Case Laws Income Tax

Addition u/s 56(2)(viia) - purchase of shares at price more than its fair market value - The tribunal extensively reviewed the submissions and evidence presented,......
May 13, 2024 Case Laws Income Tax

Validity of Revision u/s 263 - Bogus long term capital gain through share transaction of a penny stock company - The tribunal observed that the Pr. CIT based the......
May 13, 2024 Case Laws Income Tax

Deduction us/ 80P(2) - income received on investment made with co-operative banks - The Tribunal interpreted section 80P(2)(d) and (e) to determine the eligibility of......
May 13, 2024 Case Laws Income Tax

Estimation of income - Bogus purchases - The Tribunal considered similar cases and upheld the decision to restrict the disallowance to 6% of the impugned purchases. They....
May 13, 2024 Case Laws Income Tax

Unexplained cash credit being share capital and premium u/s 68 - director of the subscriber company did not appear in response to the summons issued u/s 131 - The......
May 13, 2024 Case Laws Income Tax

Income deemed to accrue or arise in India - reinsurance premium - Permanent Establishment (PE) in India or not - The Tribunal allowed the appeal, rejecting the additions....
May 13, 2024 Case Laws Customs

Monetary limit for appeal to the High Court - The appeal involves a total sum of Rs. 60 lakhs, consisting of the redemption fine and penalty. Citing Instructions dated......
May 13, 2024 Case Laws Customs

SAFTA - Denial of benefit of Notification No.99/2011-CUS - Importation of the goods from Bangladesh - Edible oils - The Tribunal noted that the certificates of origin......
May 13, 2024 Case Laws Customs

Mis-declaration of quantity - Assorted spectacle - The Tribunal acknowledged the misdeclaration of quantity, confirming that the actual quantity exceeded the declared......
May 13, 2024 Case Laws Customs

Seizure - Burden of proof - ‘reasonable belief’ - Onus for proving the goods to be not smuggled - Seizure outside the ‘customs area’ - The Tribunal noted that the burden....
May 13, 2024 Case Laws Customs

Classification of goods - Valuation - Import of ‘non-alloy steel slabs-seconds and defectives’ - confiscation of ‘alloy steel’ - The Tribunal ruled that the imported......
May 13, 2024 Case Laws Customs

Mis-declaration of the retail Sale Price (RSP) - Evasion of payment of Additional Duty of Customs (CVD) - The case revolved around discrepancies in the declared Retail......
May 13, 2024 Case Laws Companies Law

Grant of temporary bail on medical grounds - twin provisions of Section 212 (6) (ii) of the Companies Act, 2013 satisfied or not - Despite the prosecution's objection to....
May 13, 2024 Case Laws Companies Law

Misappropriation of funds/ assets/ shares/ stocks of the said company - illegally transferring of company assets - fraud - the Delhi High Court addressed the legal......
May 13, 2024 Case Laws Insolvency and Bankruptcy

Admission of Section 7 Application - CIRP - The case involved an appeal by a suspended director of a corporate debtor against the admission of a Section 7 application by....
May 13, 2024 Case Laws Money Laundering

Seeking grant of Regular bail - Money Laundering - the Delhi High Court granted bail to an applicant involved in a PMLA case, taking into consideration his role as a......
May 13, 2024 Case Laws Money Laundering

Money Laundering - The petitioner sought exemption from personal appearance, citing Section 205 Cr. P.C., while the Enforcement Directorate argued against it, citing the....
May 13, 2024 Case Laws Service Tax

Levy of service tax on Directors Salary - The Appellate Tribunal ruled in favor of the Appellant, emphasizing that remuneration paid to whole-time directors, who are......
May 13, 2024 Case Laws Service Tax

The case involved a dispute over the taxation of reimbursements, excess pension contributions, and rent-free accommodation received by a security force providing......
May 13, 2024 Case Laws Service Tax

Levy of service tax on rebate/subsidy received from Suzuki Japan - Referring to past Tribunal orders and legal principles, the Tribunal found that the Department cannot.....
May 13, 2024 Case Laws Service Tax

Refund of service tax deposited by mistake of law -The Tribunal concluded that service tax was not leviable on the transaction under dispute. This finding was based on......
May 13, 2024 Case Laws Central Excise

Interest on the pre-deposit - The Tribunal found that the issue revolved around whether the appellants were entitled to interest on the pre-deposit u/s 35FF of the......
May 11, 2024 Case Laws GST

Violation of principles of natural justice - duplication of ITC - The petitioner contended that their detailed reply addressing each allegation with supporting documents....
May 11, 2024 Case Laws GST

Violation of principles of natural justice - While the petitioner raised concerns regarding the violation of Section 65 of the GST Acts and lack of proper notice, the......
May 11, 2024 Case Laws GST

Grant of Regular Bail - fraudulent passing of Input Tax Credit without actual supply of goods - While acknowledging the seriousness of the charges, the court noted the......
May 11, 2024 Case Laws GST

Levy of GST - export of services or not - place of supply - Intermediary services or independent service - The AAR clarified that the applicant's services to foreign......
May 11, 2024 Case Laws Income Tax

Computation of Long-Term Capital Gain derived from transfer of property - Indexed cost of improvement - The Tribunal observed that the bank's loan appraisal included the....
May 11, 2024 Case Laws Income Tax

Income recognition - Interest on NPA - Citing a judgment of the Delhi High Court, affirmed by the Supreme Court, the High Court concluded that if interest on NPAs is not....
May 11, 2024 Case Laws Income Tax

Default in not depositing the TDS amount, as deducted, with the government - The High court underscored the mandatory nature of issuing TDS certificates or ensuring the.....
May 11, 2024 Case Laws Income Tax

Limitation for passing a assessment order - Consequential order passed by the assessing authority beyond the time limit specified u/s 153 (2A) - The High Court examined.....
May 11, 2024 Case Laws Income Tax

Disallowance of loss on sale of Government Securities - permissible business loss or not? - The Tribunal disagreed with the AO's presumption that the securities were not....
May 11, 2024 Case Laws Income Tax

Validity of order passed u/s. 147 against deceased assessee - Citing Section 159(2) of the Act and judicial precedents, the Tribunal emphasized that no order can be......
May 11, 2024 Case Laws Income Tax

Addition u/s 69A on the basis of whatsapp messages - The ITAT noted that the mere presence of WhatsApp messages on a mobile phone does not conclusively prove that the......
May 11, 2024 Case Laws Income Tax

Addition made u/s. 69A - unexplained cash deposits - The Tribunal found merit in the assessee's argument that the cash on hand at the beginning of the financial year......
May 11, 2024 Case Laws Income Tax

Disallowance of deduction claimed u/s 80P - interest and dividends received from investments made with DCCB - The appellate tribunal, in its detailed analysis, upheld......
May 11, 2024 Case Laws Customs

Interest for delay in sanction of refund - The appellant contested the duty assessment, arguing that the amounts paid were arbitrarily enhanced and later set aside by......
May 11, 2024 Case Laws Customs

Smuggling - illegal importation of the seized gold - Confiscation of the gold and Indian currency - The Tribunal found no evidence linking the seized Indian currency to.....
May 11, 2024 Case Laws Customs

Seeking re-export of goods - Absolute confiscation of goods - breach of ‘intellectual property rights’ - The tribunal found that while the goods were correctly......
May 11, 2024 Case Laws Customs

Conversion (Amendment) of shipping bills - substitution of ‘scheme code 19’ by ‘scheme code 03’ in the shipping bills and related invoices - benefits of a scheme -......
May 11, 2024 Case Laws Insolvency and Bankruptcy

Initiation of CIRP - operational debt claimed by RCL was due and payable or not - While the initial operational debt was cleared, issues related to GST payments and......
May 11, 2024 Case Laws Money Laundering

Grant of bail - Money Laundering - illegal mining - The High Court found sufficient grounds under PMLA for the charges, as the proceeds of the crime were derived......
May 11, 2024 Case Laws Service Tax

Refund of service tax paid on Reverse Charge Mechanism - It is the case of the Department that payment of service tax on RCM, availment of CENVAT credit of the same and.....

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N: Central Government, specifies provisions of section 194N of IT Act 196...

N: Securities and Exchange Board of India (Attestation of Documents) (Ame...

F: Export Return

H: Taxpayers can utilize GST input tax credit for pre-deposit appeals.

H: ITC time limit in GST causing double taxation and arbitrarily denying ...

H: Validity of notices against non-existent entities post-amalgamation un...

H: Petitioner's GST registration cancelled for fake invoices, business cl...

H: Food supply to hospitals not exempt, catering service to pay GST.

H: Dredging natural waterbody for flood control, water supply & eco-touri...

H: Cash deposits during demonetization, scrap sale, audit report scrutini...

H: Directors of public companies protected from tax recovery for company ...

H: Income Tax authority's surprise check leads to reassessment notice bas...

H: Additional income offer doesn't attract penalty; Mere cash deposit isn...

H: Indian employee's short Indonesia stint income tax-exempt as non-resident.

H: Correct application of tax laws on accommodation entries: Profit eleme...

H: Tax penalty time limit missed by Revenue despite valid notice from Ass...

H: Property purchase loan interest deductible from capital gains before 2...

H: Portion of expenses disallowed due to lack of evidence, deemed reasona...

C: Business Continuity for Interoperable Segments of Stock Exchanges

F: Interest u/s 50 of CGST Act 2017

F: Late fee or penalty if GSTR 9 not filed

F: Consolidated SCN and Order

A: TYPES OF CUSTOMS DUTY IN INDIA

N: Extension of due date for filing of return in FORM GSTR-3B for the mon...

A: Is the Government Waging War on the Gaming Industry with Direct Taxes?

A: Date of online filing of appeal be considered as date of filing GST ap...

A: Documents Required to Register a Pvt. Ltd. Company in India

A: State GST Department not empowered to initiate proceedings when Centra...

N: Appointment of Adjudicating Authorities u/n CGST Act and IGST Act.

A: Excessive payment u/s 40A(3) are not disallowed incase business expedi...

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