Commissioner of Customs vs Gamesa Wind Turbine – CESTAT Chennai rules flanges integral to Wind Operated Electric Generators, qualifying for excise duty exemption.
Read the detailed NCLT judgment/order on Gogia Leasing vs JBO Globeworld case. Approval of resolution plan by Hemant Jindal, key features, compliance, and implications.
ITAT concluded that the penalty levied under section 271(1)(c) of the Act was unsustainable due to the defect in the statutory notice and the fact that the penalty was imposed on additions made through estimation.
Calcutta High Court, affirming the Tribunal’s findings, held that the PCIT lacked justification for setting aside the order under Section 263 without conducting a thorough inquiry.
ITAT Mumbai deletes LTCG addition in penny stock case, ruling in favor of Assessee. Landmark decision emphasizes genuine transactions and compliance.
Explore the Supreme Court judgment on penalties for goods transportation after E-way bill expiry. Detailed analysis of Vardan Associates Pvt. Ltd. vs Assistant Commissioner case.
Explore the detailed analysis of the Madhya Pradesh High Courts judgment in PCIT-I vs. Pukhraj Soni (I.T.A. No.585/Ind/2015, AY 2009-10). The courts scrutiny, legal implications, and key findings revealed.
Explore a detailed analysis of a recent Delhi High Court judgment imposing a 6-month imprisonment term for contempt of court. Understand the legal implications and background of the case.
Explore the ITAT Mumbais decision favoring Bombay Society of the Salesian Sisters India, allowing the expenditure on school building repairs and property taxes as an application of income for charitable purposes.
Explore the case of Dombivali Paper Mfg. Co. challenging penalty under section 271(1)(c) for alleged bogus purchases. Detailed analysis, tribunal’s view, and legal insights provided.
