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Archive: 29 September 2023

Posts in 29 September 2023

ITAT Delhi Upholds Disallowance of Bad Debt for Non-Business Activity

September 29, 2023 621 Views 0 comment Print

Read full text of ITAT Delhi order in Ajay Kumar vs. ACIT, where disallowance of bad debt was upheld as assessee was not involved in a real estate business

No Service Tax on Manufacturing through Job-Work under ‘Management, Maintenance, or Repair Services

September 29, 2023 813 Views 0 comment Print

Read the full text of the CESTAT Ahmedabad order in Gujarat Insecticides Ltd vs. C.C.E. & S.T. where no service tax was imposed on manufacturing through job-work.

ITAT deletes Section 271(1)(b) Penalty for Notices Sent to Incorrect Address

September 29, 2023 696 Views 0 comment Print

ITAT Jaipur’s decision on Sakku Devi’s penalty u/s 271(1)(b) of the Income Tax Act due to non-compliance with notices sent to an incorrect address.

CESTAT denies Area-Based Excise Duty Exemption due to Late production Commencement

September 29, 2023 354 Views 0 comment Print

Read the full text of the CESTAT Delhi order on Agarwal Aluminiums vs. Commissioner, where area-based excise duty exemption was denied due to production date.

IBC Discussion Paper: RP Appointment, Report Sharing, Creditor Meetings

September 29, 2023 579 Views 0 comment Print

Read Insolvency and Bankruptcy Board of India’s discussion paper on RP appointment, report sharing with guarantors, and creditor meeting mandates.

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