Read about the ITAT Pune’s decision in Kirti Bipin Thorat vs. ITO case for A.Y. 2014-15, where additions on unaccounted cash income from share sales were upheld.
Nayagi Fireworks Ltd. vs. ACIT case, where cash deposits of Rs. 99.50 Lacs were disputed and ITAT provides an opportunity to substantiate source.
Sikkim High Court is set to decide on the challenge to Rule 31A of the CGST Rules. Learn about the case and its implications in this update.
Read about a CAAR Delhi case where it couldn’t provide a ruling on the classification of goods under the Quality Control Order, 2022.
Explore a case where CAAR Delhi clarifies its role in interpreting customs notifications, refusing to provide rulings on notification intent
Roasted areca/betel nuts fall under Custom Tariff Heading 2008, specifically under CTI 2008 19 20 ‘Other roasted nuts & seeds’ of Chapter 20 of First Schedule of Customs Tariff Act, 1975.
Explore the Kerala High Court’s verdict on Section 80P and its impact on a co-operative bank’s interest income. Discover key judgments and insights.
Explore the Angel Engicon vs State of Bihar tax appeal case, the impact of non-constituted tribunal, and the statutory remedies under B.G.S.T. Act.
CESTAT Mumbai held that eligibility of benefit of notification no. 30/2004-CE dated 9th July 2004 owing to reversal of CENVAT Credit needs to be examined by lower authorities. Accordingly, matter restored back to original authority for fresh determination.
CESTAT Mumbai held that as differential duty was paid with interest on expiry of export obligation period, there is no violation of the conditions of Advance License under Notification no. 96/2009-Cus. dated 11.09.2009 and hence redemption fine and penalty set aside.
