ITAT Ahmedabad deleted disallowance of NSEL-related bad debts, allowing deduction under Section 36(1)(vii) and alternatively as business loss under Section 28.
Kerala HC dismissed the appeal against SARFAESI recovery, holding that the borrowers failed to establish MSME status or seek revival before NPA classification.
ITAT Ahmedabad directed verification and allowed set-off of brought forward business loss against Section 50 short-term capital gains as per law.
Bombay HC directed CBDT to decide a pending Section 119(2)(b) condonation application within three months, while continuing interim relief in a reassessment challenge.
ITAT Hyderabad upheld addition of ₹30.59 lakh after cash receipts, commission claim and bank deposits were not supported by reliable evidence.
ITAT Delhi quashed the assessment as it was digitally signed after the limitation period under Section 144C(13), rendering the order time-barred.
ITAT Ahmedabad restored the TDS credit dispute to the AO to verify a bona fide PAN error in Form 26QB and grant consequential relief after verification.
CESTAT Chennai held that construction and maintenance services for Police Academy and Tamil Nadu Police Housing Corporation were not taxable, while upholding service tax on construction of Common Effluent Treatment Plants.
CESTAT Chennai set aside service tax demands on construction of educational institutions, Government buildings and highway medians, holding them outside Works Contract Service and ruling the demand time-barred.
CESTAT Kolkata set aside denial of CENVAT credit on steel items and welding electrodes used for capital goods and allowed the appeal.
