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.
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.
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.
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.
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.
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.
Explore the Allahabad High Court judgment in Manoj Steel Traders Vs State of U.P. Learn why the court ruled that non-communication of an order by an advocate is not a valid reason for condoning delay in filing an appeal.
ITAT Mumbai quashes PCIT order against Masani Engineering Co. Pvt Ltd . Explore detailed analysis of why allegations of understated revenue in P&L were baseless.
ITAT Kolkata’s ruling on additional depreciation under Section 32(1)(iia) of Income Tax Act on Captive Power Plant Equipment in DCIT Vs Tirupati Sugars.
Understand nuances of claiming tax deductions on payments to relatives in business. Learn how Section 40A(2) of Income Tax Act, 1961 impacts you.
