Analysis of the CESTAT Bangalore order in the case of DLF Southern Towns Pvt Ltd vs. Commissioner of Customs where violation of import policy led to confiscation and penalty.
Kapilaben Kanjibhai Patel Oral Specific Deferred Family Trust Vs ITO (ITAT Ahmedabad)- Case involves calculation of interest on income tax refund under Section 244A of Income Tax Act. ITAT remands matter back to Assessing Officer for proper verification and calculation.
Explore the details and implications of the Vikash Daga vs ACIT case, where ITAT Delhi upheld the right to claim foreign tax credit under Section 90, despite procedural anomalies. Understand the balance between procedural norms and substantive rights in the context of the Income Tax Act.
ITAT upheld the right of an individual to use personal savings, including those from a late spouse, for the repayment of a bank loan, and dismissed the claim that such actions constitute unexplained investment.
Detailed review of ITAT Delhi’s ruling in favor of the assessee, Tarik Tondon, where the reassessment order was cancelled due to lack of verification of the information which initiated the reopening.
ITAT Pune in case of Rajendra Supadu Jadhav Vs DCIT allows section 54F deduction based on date of assignment deed for transfer of lease rights in MIDC plots.
ITAT Delhi overturns an ex-parte assessment passed under Section 144, citing insufficient opportunity for the assessee. The case is returned to the AO for a re-examination in compliance with the law.
CESTAT Delhi has remanded a case involving National Engineering Industries Ltd. back for reconsideration. The dispute concerns the wrongful availment of Cenvat credit on ineligible services.
A significant ITAT Kolkata ruling declares no penalty for delayed filing of books of account due to reasonable causes under Section 273B of Income Tax Act, 1961. Explore the details of this precedent-setting case.
In a dispute involving Jagat Janani Services and the Commissioner of Central Excise, CESTAT Kolkata has ordered re-adjudication after the original adjudicating authority rejected a reconciliation statement without adequate reasoning.
