Delhi High Court grants relief to Oriental Bank of Commerce, allowing depreciation on temporary wooden structures. Analysis of key issues in the judgment.
CESTAT Bangalore quashes penalty under Section 112A of Customs Act on undervaluation of artificial flowers and photo frames due to lack of corroborative evidence. Analysis of the case.
ITAT Pune directs re-adjudication in Anita Anil Rangale’s case, emphasizing employees’ non-entitlement to ERS and company’s lack of obligation under Sec 89.
CESTAT Ahmedabad rules on CENVAT credit eligibility. Intas Pharmaceuticals allowed to claim credit based on law at service receipt, not credit availing date.
Understand the condonation of delay imposed by the Delhi High Court in the case of CIT Vs. Standard Chartered Grindlays Pty Ltd. Learn about the penalty imposed and the background of the appeal under Section 271(1)(c) of the Income-tax Act, 1961.
Delhi High Court’s verdict on reassessment under Section 153A of Income Tax Act without incriminating material. Analysis and legal implications. Learn more.
Kerala High Court orders consideration of condonation application for 234 days delay in an appeal against rejection of FTC claim. Learn more in this analysis.
Kerala High Court orders Customs to provisionally release a seized vehicle in the case of Shabin S. vs. Joint Commissioner of Customs under section 110A of the Customs Act.
Learn about the Kerala High Court ruling in Carmel Builders and Fibrotech Industries Pvt. Ltd vs. Commissioner of Central Excise, stating no bank account attachment for service tax appeals after pre-deposit.
Learn about the ITAT Delhi case of Sujata Banerjee vs. ACIT, where the Assessing Officer’s addition of unexplained income was deleted due to sufficient source of income.
