ITAT Delhi held that incentives in the form of excise duty refund, sales tax remission, sales/ VAT input tax refund received ...

Ltd., has ruled that cash deposits made during the demonetization period, which are duly recorded in the assessee’s books of account, cannot be treated as unexplained money under Section 69A of the ...

Income Tax Appellate Tribunal (ITAT), Delhi bench, has registered the dismissal of an appeal filed by Flovel Energy Pvt. Ltd. for the assessment year 2017-18. The action was taken by the tribunal ...

Mumbai, has issued a ruling on the customs classification of a product described as ‘Timber Steel,’ a composite material used ...

Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside orders from the Commissioner of Income Tax (Exemption) [CIT (E)] that had rejected applications for registration under Section 12A ...

The CAAR Mumbai examined the nature of the products and the manufacturing process described by the applicant. In evaluating ...

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has set aside penalty orders issued against G.D. Goenka Pvt. Ltd. for as ...

The Commissioner (Appeals) had dismissed the company’s appeal (Appeal No. 212 of 2024) on the sole ground that the mandatory pre-deposit required under Section 107 of the Central Goods and Services ...

The core of the petitioner’s argument before the High Court was that a notice under Section 46 is a prerequisite for initiating assessment proceedings under Section 62. Without this prior notice and ...

Delhi High Court has dismissed an appeal filed by the Principal Commissioner of Income Tax (PCIT) against an order of the Income Tax Appellate Tribunal (ITAT) concerning the assessment of Punjab & ...

Given the trust’s failure to provide any explanation for its non-compliance, the ITAT decided to impose a cost of Rs. 5,000 on the trust. The trust is required to pay this amount to the Income Tax ...

Allahabad High Court has ruled that circulars issued by the Goods and Services Tax (GST) Council are binding on the tax department. The court quashed demand orders issued against Krishna ...