In a landmark decision, ITAT Delhi rules no penalty under 271(1)(c) for a bonafide assessee who revised and added interest income. Analysis of Pramila Tarneja Vs DCIT case.
CESTAT Chandigarh rules on penalty in CCE-Jammu Vs. Khyber Industries (P) Ltd. Detailed analysis of mens rea requirement under Rule 25 of Central Excise Rules.
The Ministry of Corporate Affairs (MCA) in India has imposed penalties on Loram Rail Maintenance India Private Limited for violating Section 173(1) and Section 118(10) of the Companies Act, 2013. This article provides an in-depth analysis of the case, the reasons for the penalty, and the consequences for the company and its directors. Facts about […]
Analyze the CESTAT Kolkata order in Jai Balaji Industries Limited vs. Commissioner of Central Excise, highlighting the issue of levying Service Tax on actual transportation charges, not on provisions.
Read about Madan Kumar’s case where CESTAT Kolkata upholds the confiscation of betel nuts due to failure in providing evidence of legitimacy. Learn more about this customs dispute.
CESTAT Ahmedabad’s decision on penalty under Customs Act for fabricated DEPB scrips. Analysis of the case, rulings, and implications.
A deep dive into CESTAT Kolkata’s ruling in Commissioner of Customs Vs K.K. Woollens, where the court confirmed penalties for undetermined imports of used clothes.
CESTAT Chennai rules in favor of Renault Nissan Automotive India, stating that their refund claim can’t be rejected for not opting for Provisional Assessment.
Analyzing the S R Traders vs. Commissioner of Customs case under Customs Act Section 28, including undervaluation and compliance issues with cosmetics imports.
Delhi High Court sets aside Assessment and Penalty Orders due to AO’s oversight and insufficient response time, remanding matters for a fair hearing.
