DGFT announces modification of SION E-121, which relates to export of Refined Soyabean Oil (Edible grade) vide Public Notice No. 16/2023 DGFT Dated: 21st June, 2023
Delve into judgment of CESTAT Kolkata in the case of Pecon Computech Pvt Ltd Vs Commissioner of CGST & Excise, underlining non-applicability of unjust enrichment in context of Service Tax refunds
ITAT noted that the explanations provided by the assessee concerning the withdrawals, deposits, and utilization of cash over time were satisfactory. The Tribunal acknowledged the Indian socio-economic constructs where holding cash, especially in rural society, is common.
CESTAT Mumbai in Metro Fashions vs Commissioner of Customs, held that mere sending of Order-in-Original by registered post was not deemed to be valid communication, impacting the limitation period for an appeal.
Delhi ITAT asserts that mere transactions through a DMAT account or selling shares on stock exchange don’t necessarily rebut Section 68 of Income Tax Act. Understand the full implications of this ruling with our comprehensive analysis.
ITAT Kolkata ruled in Kishorepur Paschimanchal SKUS Limited Vs ITO that delay in filing ROI does not deny a taxpayers deduction claims under Section 80P of IT Act 1961
SEBI conducts an investigation into potential market manipulation of five small-cap company shares via bulk SMSs. Explore the in-depth analysis of the case, actions taken, and cautionary advice for the public.
Allahabad High Court in Madhyamik Shiksha Parishad vs. CESTAT, allows revival of appeal before CESTAT subject to payment of Pre-Deposit
Delve into ITAT Delhis ruling in Naveen Chandra Bhatt vs ITO, where the disallowance for late deposit of employees’ contribution to PF/ESIC under Section 36(i)(va) of the IT Act was upheld.
In the case of Bhagyashree Manohar, it was determined that the assessee should not suffer due to non-filing of material information. Considering the new evidences, the case was set aside, and the issues were restored to the AO for fresh adjudication.
