Sponsored
    Follow Us:

Archive: 11 September 2023

Posts in 11 September 2023

CESTAT Quashes SCN for Lack of Suppression or Misstatement Allegations

September 11, 2023 393 Views 0 comment Print

A detailed analysis of CESTAT Bangalore’s ruling in favor of Nexteer Automotive India over the Commissioner of Central Excise and Service Tax. Learn why the show-cause notices were quashed.

ITAT Orders Re-Adjudication of Trust’s 12AB Registration Cancellation for Failure to Prove Activity Genuineness

September 11, 2023 780 Views 0 comment Print

ITAT Pune re-adjudicates Vishranti Gruh Trust’s cancelled 12AB registration due to failure in furnishing genuineness of activities. Learn more about the decision.

Value of Tools and Dies Includable in Assessable Value of Excisable Goods

September 11, 2023 228 Views 0 comment Print

Understand the value of tools and dies includable in the assessable value of excisable goods with the recent ruling on this case by CESTAT Ahmedabad.

CESTAT quashes Confiscation, Fines & Customs Duty Demand Due to Lack of CLRI Report

September 11, 2023 225 Views 0 comment Print

CESTAT Chennai sets aside confiscation, fines, and customs duty demands against Benign International due to a lack of CLRI report. Read for comprehensive analysis.

Charges levied by Foreign Bank Not Taxable under Banking & other Financial Services

September 11, 2023 570 Views 0 comment Print

CESTAT Chennai rules that Kadri Mills (CBE) Ltd. is not liable to pay tax on banking charges deducted by foreign banks. The article provides a comprehensive analysis of the judgment.

GST: Calcutta HC stays Section 61 notice over jurisdiction issue

September 11, 2023 1377 Views 0 comment Print

Calcutta High Court allows Gopeshwar Iron & Steel’s appeal, staying a notice under Section 61 of the CGST Act, 2017. Discover why jurisdiction matters in this intricate tax case.

ITAT allows expenditure incurred on amenities provided to tenants against house property income

September 11, 2023 849 Views 0 comment Print

Analysis of ITAT Kolkata’s landmark decision in Bagaria More Co. Ltd. vs ADIT, focusing on the treatment of the cost of amenities provided to tenants under Income from House Property.

Separation of garnet sand from beach sand is manufacturing process; ITAT allows section 32AC deduction

September 11, 2023 216 Views 0 comment Print

A detailed analysis of the ITAT Chennai’s ruling on Trimex Sands Pvt. Vs PCIT. The court allows income tax deductions, recognizing mineral extraction from beach sand as manufacturing u/s 2(29BA) of the Income Tax Act.

Differential duty demand unsustainable if Original Bills of Entry Assessment not challenged

September 11, 2023 459 Views 0 comment Print

CESTAT Kolkata order in Rajib Saha Vs Commissioner of Customs. Learn how CESTAT quashed the differential duty demand Without Challenging Original Bills of Entry Assessment on PPC Cement imported from Bangladesh.

Excess Stock-Related Income is ‘Business Income & Not Subject to Section 69B

September 11, 2023 642 Views 0 comment Print

Explore the landmark ruling of Vijay Shriram Gundale Vs ACIT by ITAT Pune. Learn how excess stock income is categorized as business income, exempt from Section 69B of the Income Tax Act.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031