Patna High Court examines if ITC can be denied when goods are delivered directly to end consumers and not physically received by the dealer.
CESTAT holds exporters not liable for service tax on foreign bank remittance charges, citing rules on services rendered outside India. Appeals allowed with relief.
CESTAT Chennai rules against service tax demand on Eastman Exports, clarifying no service recipient relation for foreign agent and bank deductions in export proceeds.
CESTAT remands Finolex Industries’ customs duty refund case, citing misapplication of Section 18(2) in provisional assessment finalization. Unjust enrichment debated.
ITAT Ahmedabad allows Khedbrahma Taluka Primary Teachers Co-op. Credit Society Ltd. 80P deduction despite a minor delay in IT return filing, citing technical glitches and statutory interpretation.
The ITAT Delhi has allowed an 80IC deduction for Mantangi Rubber Pvt. Ltd. despite a 46-minute delay in return filing, deeming Section 80AC directory and emphasizing justice.
The Delhi High Court has ruled against the “negative blocking” of Electronic Credit Ledgers, citing that such actions exceed the scope of Rule 86A of the CGST Rules.
Mumbai ITAT rules in favor of M.K. Shelters, quashing income additions for multiple years. The tribunal cited insufficient evidence linking the dormant firm to alleged cash transactions and noted critical procedural errors by the Assessing Officer in the reassessment.
ITAT Mumbai rules cash deposits in SBNs during demonetization, with explained sources, cannot be treated as unexplained income, citing judicial precedents.
Mumbai ITAT dismisses Section 68 addition on NICAF LLP, clarifying that Section 47(xiiib)(f) violations relate to capital gains, not unexplained credits, in company-to-LLP conversions.
