CESTAT Mumbai set aside Customs Broker licence revocation, holding Regulations 10(d), 10(e) and 10(n) violations were not proved and CBLR timelines were breached.
ITAT Delhi upheld deletion of a Section 68 addition after accepting that the turnover difference arose from GST-inclusive accounting under Section 145A.
ITAT Kolkata held that income cannot be estimated without rejecting the books of account and directed deletion of the addition after allowing Rule 27 grounds.
NCLT Mumbai partly allowed an oppression petition, directing rectification of the share register and compensation for financial mismanagement.
Know the Section 44ADA eligibility rules, Rs. 50 lakh/Rs. 75 lakh limits, 50% income requirement, audit implications and advance tax provisions.
Know the capital gains tax rules, holding periods, Schedule FA reporting, SGB taxation and foreign investment compliance under the Income-tax Act.
ITAT Bangalore deleted additions treating agricultural income as income from other sources after finding audited books were not rejected.
ITAT Bangalore restored the Section 69A addition to the AO after holding the assessee lacked adequate opportunity to substantiate cash deposits.
ITAT Bangalore condoned a 9-day delay in a Section 270A penalty appeal and remanded the matter to the CIT(A) for decision on merits.
ITAT Bangalore condoned a 38-day delay in filing the appeal before the CIT(A) after accepting hospitalization as sufficient cause and remanded the matter.
