Read the full text of the ITAT Mumbai order in the case of Nikhil Suryakant Shah vs ITO. The ITAT has deleted the addition for deemed interest on a loan given by the director to the company. Get the analysis and conclusion here.
Explore the CESTAT’s recent ruling in the case of Kashmir Steel Rolling Mills vs Commissioner of Central Excise, where the tribunal upheld the rejection of the refund claim for Educational Cess due to its exclusion in the area-based exemption notification.
Learn about CESTAT’s recent ruling in the Aricent Technologies case, which validates the grant of CENVAT credit even when service-exporting premises are not registered under Rule 5 of CENVAT Credit Rules.
Read about ITAT Delhi’s important ruling in the Hyderabad Distilleries and Wineries Pvt Ltd case, confirming that income from lease rent and packaging charges in manufacturing services is treated as business income.
ead the full text of the CESTAT Chennai order in the case of Commissioner, Namakkal Municipality Vs Commissioner of GST & Central Excise. The case deals with the imposition of penalties and interest on service tax retrospectively. The CESTAT Chennai sets aside the interest and penalties, citing the retrospective amendment and the principle of non-ex post facto penalties.
Read the latest circular from the Insurance Regulatory and Development Authority of India (IRDAI) regarding insurance claims for floods in Himachal, Punjab, Haryana, and Delhi regions. Get insights on immediate service response, helpline activation, claims processing, and submission of information to IRDAI.
In the recent landmark decision, CESTAT Ahmedabad has allowed Cenvat Credit on sugar cess paid as CVD on raw sugar imports, favoring Renuka Sugars Limited. This ruling, echoing several previous judgements, clarifies the position of cess as excise duty.
Read an in-depth analysis of the Ishoo Narang Vs ACIT (ITAT Hyderabad) case. The ITAT upheld a penalty levied due to non-compliance with a notice under section 271 of the Income Tax Act.
Examine the Calcutta High Courts ruling in Usha Martin Limited Vs Deputy Commissioner of State Tax, highlighting how the court adjudicated on matters related to delayed appeals, e-Way Bill expiration, and tax levies.
In a significant ruling, ITAT Delhi sets aside the exparte order against Maha Singh, allowing a fresh evaluation of unexplained cash deposits following due principles of natural justice.