Day: May 7, 2026
85 articlesCustom Duty

Custom Duty
Customs Confiscation Not Justified for Mere 7% Excess Quantity: CESTAT Delhi
Custom Duty

Custom Duty
Exports of Iron Ore must be assessed on Wet Metric Tonne (WMT) basis and not on Dry Metric Tonne (DMT) basis
Income Tax

Income Tax
No addition for “bogus purchases” when assessee already declared higher GP – Mumbai ITAT grants major relief to diamond trader
Income Tax

Income Tax
Section 194C TDS Cannot Create Tax Liability on Dissolved Firm if Receipts Already Offered to Tax
Company Law

Company Law
NCLT Admits Insolvency Plea as Simultaneous CIRP against Borrower & Guarantor Is Permissible
Income Tax

Income Tax
Bank Accounts Cannot Remain Frozen After ITAT Remand of Tax Appeals: Gauhati HC
Income Tax

Income Tax
ITAT Remands ₹38.04 Lakh Tax Addition as Legal Heir Was Not Given Effective Opportunity
Income Tax

Income Tax
ITAT Quashes Assessment as DRP Order Upload Date Determined Limitation Period
Custom Duty

Custom Duty
CESTAT Denies Concessional Customs Duty as ABS Components Were Suitable for Use in Motor Vehicles
Income Tax

Income Tax
ITAT deletes ₹5.68 Crore Addition as Encashed Bank Guarantees Were Govt Funds
Service Tax

Service Tax
CESTAT Rejects Service Tax Demand as Mining Activity cannot Be Taxed as Site Formation Before 31.05.2007
Income Tax

Income Tax
Delay in Filing Form 10B Not Grounds to Deny Section 11 Exemption When Report Was Filed Before Processing
Income Tax

Income Tax
ITAT Deletes ₹3.03 Crore Addition as AO Failed to Conduct Independent Verification
Goods and Services Tax

Goods and Services Tax
