ITAT Mumbai deletes surcharge on Lintas Employees Trust, ruling that surcharge applies only if income exceeds ₹50 lakh. Read case details and legal findings.
ITAT Mumbai ruled in favor of Ujjwal Business Trust, deleting surcharge levied by CPC on income below ₹50 lakh. Read the case summary and key legal findings.
Charging tolls on bad roads was unfair and ordered an 80% reduction in toll fees at 2 key toll plazas as tolls were meant to provide good-quality roads, and if the roads were damaged, people should not be forced to pay.
Madras High Court held that order passed without considering documentary evidences furnished by the petitioner suffers from non-application of mind to material on record. Hence, order set aside with direction to department to re-examine issue.
Madras High Court rules IGST refund cannot be denied for exports qualifying as zero-rated supply, even when higher duty drawback rates are claimed.
Madras High Court remanded the matter as notice in DRC-01A was merely uploaded in GST portal and hence petitioner was unaware about initiated proceedings. Further, petitioner directed to deposit 25% of disputed taxes.
Revision order issued by PCIT was quashed against Make My Trip (India) Private Limited as AO had conducted a proper inquiry before allowing the deduction of Employee Stock Option Plan (ESOP) expenses.
ITAT Mumbai held that the receipt from parking facilities is to be treated as business income instead of income from other sources since the same was already accepted as business income in earlier assessment years.
ITAT Pune rules that Rule 128 for claiming Foreign Tax Credit is directory, not mandatory. Belated filing of Form 67 does not disqualify FTC claims.
Delhi HC quashes IGST on re-imported repaired aircraft parts, ruling additional levies unconstitutional. Clarifies scope of integrated tax under IGST Act.
