Section 263 Limitation Runs from Original Assessment, Not Reassessment: ITAT Delhi
ITAT Delhi quashed a Section 263 revision, holding it was barred by limitation as the revision concerned issues outside the reassessment proceedings.
Excise Commissioner Cannot Question HPC Eligibility Certificates: Gujarat HC
Aluminium Formwork Classifiable as Structure, Not Mould: CESTAT Kolkata Quashes Customs Duty Demand
ITAT Pune Allows Section 80P(2)(d) Deduction on Cooperative Bank Interest
NCLT Kochi Orders Stakeholder Meetings for Kinder Women’s Hospital–Kindorama Healthcare Merger
Gujarat HC Grants Section 12AB Registration Despite Member-Related Incidental Objects
ITAT Restricts Estimated Commission on Cheque Discounting to 0.35 Percent
CBDT Circular Non-Compliance Does Not Invalidate Section 143(2) Notice: ITAT Delhi
ITAT Upholds Section 115BBE on Excess Stock, Deletes Duplicate Income Additions
Kerala HC Upholds Bank’s SARFAESI Sale, Directs Removal of Subsequent Property Attachment
NCLAT Dismisses State Tax Appeal, Upholds Resolution Plan Distribution to Operational Creditor
NCLAT Rejects State Tax Department’s Secured Creditor Claim Under MVAT Section 37
SC Acquits Accused Under Section 138 NI Act Due to Patent Material Alteration of Cheque
CESTAT Sets Aside Customs Duty Demand by Invalidating DRI Rejection of Origin Certificates
Madras HC Quashes Duty Drawback Demand Raised After 12-Year Delay
CESTAT Sets Aside Confiscation of Exotic Birds for Lack of Smuggling Proof
CESTAT Quashes Confiscation of Gold for Curable Advance Authorisation Lapse
No Service Tax Demand After Reversal of CENVAT Credit on Exempt Trading: CESTAT Mumbai
CESTAT dismissed the Revenue's appeal, holding that reversal of CENVAT credit attributable to exempt trading amounted to non-availment of such credit.
CESTAT Kolkata Quashes Service Tax Demand Based Solely on Form 26AS
CESTAT set aside the service tax demand after finding it was based solely on Form 26AS data and accepting evidence that the disputed receipts…
ITAT Allows Carry Forward Loss Set-Off Under Section 80, Remands Quantification
ITAT Bangalore allowed set-off of brought forward business losses from AYs 2012-13 and 2013-14, set aside lower authorities' orders, and remanded loss quantification.
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
Adv Akruti Goyal, a practicing CA handling GST compliance from 2015-2021. Qualified as a lawyer in…
Ajay Kumar Agrawal FCA, a science graduate and fellow chartered accountant in practice for over 26…
Contributor on tax, GST and corporate-law developments.
