Madras HC stayed recovery of Section 271C penalty on payment of Rs.4 crore, noting a prima facie case based on the Supreme Court’s ruling on belated TDS deduction.
ITAT Mumbai allowed Section 80G deduction on eligible CSR donations, remanded delayed Form 67 FTC claim and dismissed Revenue’s appeal.
CESTAT Delhi set aside the appellate order and held that QFT tubes, being components of ELISA kits, are not eligible for the customs duty exemption available to ELISA kits.
ITAT Bangalore restored the appeal after holding that mere upload of an order on the ITBA portal is not valid service under Section 282 and remanded the matter to CIT(A).
ITAT Mumbai set aside rejection of Section 12AB registration, holding that the corrected Form 10AB was curative and directed grant of regular registration.
ITAT Delhi allowed the registered valuer’s cost of improvement after holding that the AO could not reject it without making a reference to the DVO under Section 55A.
ITAT Chennai remanded TP adjustment on global IT services after admitting additional evidence and directed fresh examination by the AO/TPO.
ITAT Agra upheld Section 201 and 201(1A) demand on LFC payments involving foreign travel, finding no interim court order applicable to the assessee.
ITAT Mumbai dismissed the Revenue’s appeal after holding that the consequential assessment could not survive once the Section 263 order was quashed.
ITAT Mumbai deleted Section 271AA penalty for unreported international transaction citing reasonable cause and set aside CIT(A)’s penalty enhancement.
