ITAT Delhi held that addition under section 68 of the Income Tax Act towards unexplained cash deposits unjustified as source of cash deposit successfully demonstrated by the assessee.
CESTAT Chennai rules in favor of Renault Nissan Automotive India, stating that their refund claim can’t be rejected for not opting for Provisional Assessment.
Analyzing the S R Traders vs. Commissioner of Customs case under Customs Act Section 28, including undervaluation and compliance issues with cosmetics imports.
Delhi High Court sets aside Assessment and Penalty Orders due to AO’s oversight and insufficient response time, remanding matters for a fair hearing.
CESTAT Ahmedabad quashes penalty on Central Industrial Security Force (CISF) due to lack of clarity on service tax liability. Learn more in this article.
Dive into the RKM Powergen vs. Customs case. Learn how project import benefits can’t be denied if the contract registration process began before the goods’ importation.
In a recent CESTAT Mumbai order, the eligibility of cenvat credit for bus transportation charges is discussed. Learn the key details and implications here.
In the case of Ekta Garg Vs ITO (ITAT Delhi), the ITAT ruled that addition under Section 68 & 69 of the Income Tax Act cannot be made if the assessee proves the identity and creditworthiness of lenders for property purchase loans.
This document discusses a tax case involving National Chemical and the Commissioner of Commercial Tax, including issues related to provisional assessments and discrepancies in chemical stocks during a survey.
Analysis of Allahabad High Court’s decision in BL Agro Oils Ltd. vs. State of U.P. regarding tax and penalty imposition due to alleged E-Way bill reuse.
