Mumbai ITAT rules in favor of Speco Infrastructure, maintaining deletions of tax additions by appellate authority in a reasoned order for AY 2013-14.
Uncover the Delhi ITAT ruling where cash deposits from sale proceeds, if properly explained, aren’t deemed unexplained credits. Read a detailed case analysis.
A comprehensive breakdown of the Madras High Court judgment on ITC reversal without original tax invoices, affirming it doesn’t constitute double taxation under TNVAT Act.
Bombay High Court allows income tax deduction for excise duty claims, clarifying it doesn’t lead to double deduction. Key details and implications explained.
In a landmark ruling, the Calcutta High Court quashed a 200% penalty imposed for an expired e-way bill during goods export to Bangladesh, citing exceptional circumstances.
Delhi ITAT’s landmark decision: Funds received by charitable trusts under Swachh Bharat Abhiyan in a fiduciary capacity are not considered income. Details inside.
Mumbai ITAT deletes penalty under section 271(1)(c) for Eureka Outsourcing Solutions, stating making an incorrect claim does not amount to furnishing inaccurate particulars.
Explore the case of Zheng Yuan Mobiles Pvt. Ltd. vs DCIT at ITAT Delhi. Learn why improper vouchers led to disallowance and how it was overturned.
Chennai ITAT finds revisionary authority’s exercise of jurisdiction under section 263 invalid when a larger issue is pending before CIT(A), upholding legal precedents.
Explore the impact of Notification No. 60/2023-DGFT, where the Indian Trade Classification (Harmonised System) of Export Items is notified under Chapter 01-39 of Schedule 2
