Analysis of Raj Metals & Alloys Vs. Commissioner of Customs case by CESTAT Delhi. Detailed examination of erroneous classification and penalties under Customs Act.
Detailed analysis of the CESTAT Chennai order regarding mis-declaration of goods, penalty under Customs Act 1962, and setting aside of penalties and fines.
ITAT Hyderabad remands Jonna Iron Mart Vs ACIT case regarding Section 41(1) addition due to lack of discussion on Sundry Creditors difference by Income Tax Authorities.
Delhi ITAT ruling favors G-Tekt India Pvt. Ltd., allowing deduction for CENVAT Credit written off. Detailed analysis of the case and implications.
Explore the ITAT Mumbai’s ruling on Section 249(4)(b) in Income Tax Reassessment Proceedings. Detailed analysis of Nine Globe Industries Pvt. Ltd Vs ACIT case.
Chandigarh ITAT rules that mere difference of opinion with AO is insufficient for exercising revisionary power under Section 263, confirming Sec 80P deduction.
Learn about the Kolkata ITAT ruling on compensatory vs. penal nature of environmental compensation payments in Majhaulia Sugar Industries Pvt. Ltd. vs. ITO case.
In Ambience Pvt Ltd vs ITO (ITAT Delhi), the issue of TDS penalty under sec 271C is discussed. Analysis reveals why penalty wasn’t justified due to a bonafide belief.
Kolkata ITAT rules in favor of Dream Valley Barter Pvt. Ltd., stating no addition under Section 68 for share premium if taxpayer proves identity and creditworthiness.
Kolkata ITAT justifies addition u/s 68 in ITO Vs Mangalvani Commercial Pvt. Ltd. for unexplained share capital & premium. Detailed analysis of the case provided.
