Day: May 10, 2023
63 articlesExcise Duty
Excise Duty
Disallowance of expense already disallowed by Assessee amounts to double disallowance
Corporate Law
Corporate Law
Order attaching accounts u/s 5 of PML Act unsustainable as passed without recording reasons
Custom Duty
Custom Duty
No post import condition in Notification No. 21/2002-Cus. – CESTAT quashes Tax & Penalty demand, confiscation of aircrafts not sustainable
Income Tax
Income Tax
Foreign tax credit against form 67 filed before completion of assessment is duly allowable
Income Tax
Income Tax
Cost of improvement allowed for purchase of AC, curtains, light fittings while computing capital gains
Income Tax
Income Tax
Revisional jurisdiction u/s 263 not invocable merely because PCIT may entertain different view
Income Tax
Income Tax
section 68 addition if Assessee duly explained source & disclosed identity of payers
Custom Duty
Custom Duty
Department cannot insist that importer should avail benefit of a particular notification when they are eligible for different notifications
Income Tax
Income Tax
AO cannot reopen the assessment based on very same material & take another view
Income Tax
Income Tax
ITAT directs CIT(A) to examine if mandatory notice u/s 143(2) was issued by AO before issue of reassessment order
Excise Duty
Excise Duty
Manufacturer shall not avail CENVAT Credit if refund claim is filed under Notification No. 41/2007-ST
Income Tax
Income Tax
No Deemed Rent Addition for Unsold Flats declared as Stock In Trade
Income Tax
Income Tax
Invocation of section 263 justified if AO failed to enquire about non-deduction of TDS on CFS charges
Excise Duty
Excise Duty
