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Judiciary

ITAT upholds deletion of section 40A(3) Addition for bonus payments

December 1, 2023 2016 Views 0 comment Print

Explore the JCIT vs S.V. Balasubramani HUF case at ITAT Chennai. Learn why bonus payment disallowance under section 40A(3) of the Income Tax Act was challenged and the outcome of the appeal.

SC Upholds Raised Monetary Limits: Dismisses Customs Appeal by Revenue

December 1, 2023 669 Views 0 comment Print

Explore the Supreme Court judgment on Commissioner of Customs vs. Godavari Drugs Ltd. as it dismisses the customs appeal, citing increased monetary limits according to the CBIC Circular.

CESTAT directs department to verify EODC and grant benefits to appellant

December 1, 2023 321 Views 0 comment Print

In a Customs case, CESTAT Chennai instructs the adjudicating authority to verify EODC for Solar Soles Pvt Ltd, potential benefits to follow upon production.

Service Tax Demand Invalid Without Specific Service Category in SCN

December 1, 2023 1782 Views 0 comment Print

Read about recent CESTAT Chennai order in case of K. Mayakrishnan vs. Commissioner of Central Excise and Service Tax. Tribunal ruled that a Service Tax demand without specifying service category in Show Cause Notice is not maintainable.

Reassessment merely because AO didn’t carried independent enquiries of confirmation from creditors unsustainable

December 1, 2023 693 Views 0 comment Print

ITAT Chandigarh held that initiation of reassessment proceeding merely on the fact that AO has not carried out independent enquiries of confirmations from the creditors, without pointing out any deficiency or inaccuracy, cannot be a base to hold that order was erroneous in so far as prejudicial to the interest of revenue. Accordingly, reassessment unsustainable.

Penalty under GST Not Automatic, Requires Evaluation: Calcutta High Court

December 1, 2023 3078 Views 0 comment Print

Explore the detailed analysis of the Calcutta High Court’s landmark decision on GST penalties. Learn why automatic penalties under Section 129 are not upheld.

Vague & unsubstantiated Service Tax SCN cannot stand scrutiny of law

December 1, 2023 909 Views 0 comment Print

Read the full analysis of the CESTAT Chandigarh order on Punjab State Grains Procurement Corporation Ltd. vs Commissioner of Central Excise. Learn how a vague service tax notice was successfully challenged, highlighting legal scrutiny and limitations. Explore the details of the case, arguments, and the crucial decision made on 03/11/2023.

SCN not mention delayed payments or specify alleged non-existent dealer: HC Set-aside order

December 1, 2023 618 Views 0 comment Print

Delhi High Court orders re adjudication in Omkara Footwear case, challenging rejection of refund appeals for non-existent entity and delayed payment. Full judgment analysis.

Applicability of Article 8 of India-Singapore DTAA concerning Vessel Handling Charges

December 1, 2023 399 Views 0 comment Print

Explore the Bengal Tiger Line vs. DCIT case: ITAT Chennai rules in favor of the assessee, allowing benefits under India-Singapore DTAA for Vessel Handling Charges.

Interest received u/s 28 of Land Acquisition Act taxable as income from other sources

December 1, 2023 1215 Views 0 comment Print

ITAT Delhi dismisses appeal, upholding taxability of interest received under Section 28 of Land Acquisition Act as income from other sources. Details of the case here.

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