Follow Us:

Archive: July, 2026

Posts in July, 2026

Section 68 Addition Deleted & TP Comparables Included as Evidence Supported Claims: ITAT Mumbai

July 16, 2026 138 Views 0 comment Print

ITAT Mumbai deleted the Section 68 addition, directed inclusion of two TP comparables, deleted forex addition, and ordered recomputation of interest.

Director’s Position Alone Cannot Justify Customs Penalty; ₹1 Crore Levy Quashed: CESTAT Ahmedabad

July 16, 2026 177 Views 0 comment Print

CESTAT Ahmedabad set aside ₹1 crore customs penalty as no show cause notice was issued and no credible evidence linked the appellant to the alleged diversion.

Pre-Deposit Refund Upheld Despite DRC-03 Payment; ₹50,000 Costs Awarded for Harassing Assessee

July 16, 2026 369 Views 0 comment Print

CESTAT Mumbai upheld refund of pre-deposit made through DRC-03, directed payment with interest under Section 35FF and awarded litigation costs.

Section 148 Reassessment Quashed for Non-Disposal of Objections: ITAT Delhi

July 16, 2026 241 Views 0 comment Print

ITAT Delhi quashed the Section 148 reassessment as the Assessing Officer failed to dispose of the assessee’s objections through a separate speaking order.

Section 80GGC Deduction Denied for Bogus Political Donation: ITAT Ahmedabad

July 16, 2026 985 Views 0 comment Print

ITAT Ahmedabad upheld disallowance of Section 80GGC deduction, holding the Revenue’s investigation established the donation formed part of an accommodation entry.

SARFAESI Auction Sale Set Aside for Delayed Bid Payment Without Written Extension: SC

July 16, 2026 220 Views 0 comment Print

Supreme Court set aside a SARFAESI auction sale due to non-compliance with Rule 9 payment requirements and granted the legal heir a one-time opportunity to redeem.

ITAT Kolkata Deletes Section 68 Addition on Accepted Investment Transactions

July 16, 2026 159 Views 0 comment Print

ITAT Kolkata deleted Section 68 and related additions, holding third-party statements lacked corroborative evidence and cross-examination was denied.

Journalist Denied Anticipatory Bail in GST Officer Extortion Case: MP HC

July 16, 2026 2727 Views 0 comment Print

Madhya Pradesh HC rejected anticipatory bail under Section 482 BNSS considering serious allegations and WhatsApp chats in the case diary.

Section 16(5) ITC Rejection Quashed as Returns Were Filed Within Cut-Off Date: Kerala HC

July 16, 2026 192 Views 0 comment Print

Kerala HC quashed ITC denial under Section 16(5) where returns for November 2018 to March 2019 were filed within the prescribed cut-off date

GST Writ Against Section 74 Order Dismissed for Alternate Remedy: Delhi HC

July 16, 2026 266 Views 0 comment Print

Delhi HC dismissed the writ against a Section 74 order, holding the issues should be examined by the appellate authority under Section 107 CGST Act.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031