ITAT partly allowed the Revenue’s appeal, holding the second house purchased under a separate registered deed was not eligible for Section 54F deduction.
CESTAT upheld CENVAT credit on aircraft running expenses and executive jet hiring charges, finding the services eligible as input services.
CESTAT permitted provisional release of seized silver jewellery for re-export on execution of a bond equal to the goods’ value and partly allowed the appeal.
Mumbai ITAT quashed reassessment under Sections 147/148, holding that search-based proceedings against a third party should have been initiated under Section 153C.
ITAT Mumbai upheld deletion of Section 68 additions on unsecured loans and customer advances, dismissing Revenue’s Rule 46A challenge.
CESTAT Chennai set aside the service tax demand as time-barred, holding the Department failed to establish wilful intent to evade amid earlier ambiguity on sub-contractor taxation.
Supreme Court reversed the programme producer service demand, restricted the first show cause notice to the normal limitation period, and set aside the penalty.
CESTAT Delhi allowed CENVAT credit on factory repair and maintenance services and GTA input service, setting aside denial, interest and penalty.
ITAT Mumbai remanded issues relating to Sections 40(a)(i), 40(a)(ia) and 80G to the AO for verification, allowing the Revenue’s appeal for statistical purposes.
ITAT Kolkata allowed admission of an additional ground claiming deduction under Section 80JJAA, holding the appellate authority could entertain the claim.
