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Judiciary

Seizure of imported goods: HC directs Custom authorities to consider representation of appellant

December 1, 2023 342 Views 0 comment Print

Madras High Court directs Customs authorities to review representation of Jineshwar Enterprise regarding seized imported goods. Know details of court order.

CESTAT Quashes Customs Act Penalty (Section 117) Due to Lack of Direct Connivance Evidence

December 1, 2023 888 Views 0 comment Print

Read the full text of the CESTAT Chennai order in the Sinnamani Vs Commissioner of Customs case. CESTAT quashes penalty under Section 117 of the Customs Act, citing the absence of direct evidence of connivance. Explore the analysis and conclusion of the order.

ITAT Directs Re-adjudication for Late Fees u/s 234E, No Opportunity Given for Appeal Delay Reasons

December 1, 2023 588 Views 0 comment Print

In a recent appeal, Halo Technologies challenges the CIT(A)’s order on late fees under Section 234E of the Income Tax Act. ITAT Mumbai directs re-adjudication, citing lack of opportunity for the Assessee to explain the delay. Full text of the ITAT order dated 20.10.2023.

CENVAT Credit Eligible for Factory-to-Depot Outward Transportation Service

December 1, 2023 297 Views 0 comment Print

Explore the CESTAT Mumbai order on Bunty Foods’ CENVAT credit dispute for outward transportation. Analysis, legal insights, and implications explained.

ITAT Allows losses which were disallowed due to incorrect comprehension of Section 43(6) provisions

December 1, 2023 378 Views 0 comment Print

Explore ITAT Delhi’s decision in DCIT Vs Bharti Realty Holdings Ltd, allowing previously disallowed losses due to incorrect interpretation of Section 43(6) provisions.

ITAT set-aside order of CIT(A) for not passing the order on merit

December 1, 2023 534 Views 0 comment Print

Explore the ITAT Mumbai’s reversal of CIT(A)’s order in Laxman Mahadev Patil Vs ITO case for not passing a merit-based decision. Read the full text and analysis.

GST Interest/Penalty Waived for Delayed GSTR-3B After GSTN Cancellation

December 1, 2023 18882 Views 0 comment Print

Kerala High Court recently addressed the issue of levying GST interest and penalties for the delay in filing GSTR-3B after the cancellation of the Goods and Services Tax Identification Number (GSTIN).

Section 245C(5) amended by Finance Act, 2021 to be read down with retrospective late date as 31.03.2021

December 1, 2023 609 Views 0 comment Print

Madras High Court held that section 245C(5) of the Income Tax Act, 1961 (as amended by the Finance Act, 2021) is read down by removing the retrospective last date of 1st date of February, 2021 as 31st day of March, 2021. All applications even in respect of cases arising between 01.02.2021 to 31.03.2021 shall be deemed to be pending application for purpose of consideration by Interim Board for settlement.

GST payable under FCM on Residential Dwellings Leased for Commercial Use

December 1, 2023 1482 Views 0 comment Print

GST AAR Rajasthan ruling on Deepak Jain’s commercial property lease clarifies GST implications on residential dwellings, emphasizing actual use over designation.

No section 68 addition in the hands of conduit entity

December 1, 2023 1791 Views 0 comment Print

Read the detailed analysis of the ITAT Mumbai ruling in Standard Fiscal Markets Pvt. Ltd. vs DCIT case. No section 68 addition for conduit entity. Insights on tax implications.

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