ITAT held that Indian Women Traditionally Keep Jewelry at Maternal Home for Various Reasons and CBDT instruction, where the status of the family and customs and practices of the community to which family belongs, permit an assessee to hold larger quantity of jewellery and ornaments out of the purview of seizure.
Read the detailed analysis of Smt. Kopparum Laxminarayan Kumuda vs ITO case by ITAT Bangalore. Learn why cash deposits were taxed at 8%.
Discover the CESTAT Bangalore judgment on Pigeon International vs. Commissioner of Customs. Analysis of penalties, violations, and conclusions.
NCLAT directs NCLT to decide on reconstitution of CoC after considering reply in Srei Equipment Finance Ltd. Vs Harsh Arora case. Full text of judgment included.
Read the Kerala High Court judgment on Hotel Allied Trades Pvt. Ltd vs ACIT regarding expenditure on leasehold premises. Detailed analysis and implications included.
Explore the detailed analysis of P. A. Jose Vs Union of India judgment by Kerala High Court regarding the valuation methodology for opening and closing stock. Understand the implications and legal aspects.
NCLAT Delhi rules on Avil Menezes’ appeal regarding CIRP costs in Sunil Hitech vs Abdul Qudduskhan case. Detailed analysis of fabrication and erection work claims.
CESTAT Kolkata reduces penalty in Mittal Iron Foundry case, stating clandestine removal claims lack corroborative evidence.
Delhi High Court set aside an order against Ethos Limited for non-consideration of a detailed GST reply. The Proper Officer must reassess the case fairly within 30 days.
Delhi High Court dismisses appeal against IBBI, citing res judicata principle. Full text of judgment and analysis provided.