In a recent judgment, Kerala High Court annuls an assessment order, citing the importance of considering the assesse’s reply before passing judgments.
Property renovation cannot be disallowed merely for the reason that no telephone number, VAT/TIN number has been mentioned in the bill and there is no charges of VAT levied in the bill
CESTAT Bangalore’s ruling on Gelatin Mass Waste generated during manufacturing, addressing the demand for CENVAT credit reversal and its sustainability.
Payments made as part of a settlement agreement regarding relinquishment of partnership interests are capital expenditures ITAT Pune in ITO Vs Sarsan Developers
In the Prompt Barter Pvt. Ltd. vs. ITO case, ITAT Kolkata directs AO to remove the income tax addition due to non-consideration of evidences for identity and creditworthiness of investors.
Read the Madras High Court judgment on the classification of Upgraded Beneficiated Ilmenite and its impact on duty drawback. A detailed analysis of the case.
Kerala High Court orders the release of a passport detained due to smuggled gold, subject to the petitioner furnishing future travel details and complying with customs conditions.
Read about the ITAT Delhi’s direction to submit sales tax documents within 6 months. Analysis of the case between Jay Polychem India Ltd and ACIT.
Kerala High Court denies tax refund in Kadavalloor Service Co-Operative Bank Ltd. vs ITO case, orders swift resolution of pending appeals by ITAT
Read the full text of the ITAT Mumbai order in Kailash Judhistir Sahu vs. CIT, where the addition from 12.5% to 6% for inability to produce parties of bogus purchases is restricted.