Appraisal Report Alone Insufficient for Section 69 On-Money Addition: Ahmedabad ITAT
ITAT upheld deletion of Section 69 addition after finding alleged on-money was actually cheque payments to the confirming party through banking channels.
ITAT Kolkata Allows Section 80IE Deduction Despite Belated Filing of Form 10CCB
Calcutta HC Seeks Details of Divorce Settlement Before Releasing Freedom Fighter Family Pension
NCLT Stays Director’s Removal Pending Share Exit Under Settlement Agreement
Himachal HC Stays VAT Recovery Against Ex-Partner Pending Firm’s Appeal
Madras HC Quashes Third Reassessment Attempt After Department Dropped Earlier Proceedings
Madras HC Quashes Reassessment Where No Addition Was Made on Recorded Reason for Reopening
Bombay HC: Assessee Cannot Seek Relief on ₹16 Lakh Already Disallowed in Income Computation
ITAT Mumbai Deletes ₹1.71 Crore Section 68 Addition on Advance Received & Refunded Through Banking Channels
Laundry Soap Classifiable Under HSN 34011942, Attracts 18% GST: Gujarat AAR
Ophthalmic Surgical Microscope Classifiable Under HSN 9018, Eligible for 5% GST: AAR Gujarat
GSTAT Orders Anuhar Homes to Pass ₹95.14 Lakh ITC Benefit to Morning Raaga Homebuyers
GSTAT Drops Anti-Profiteering Proceedings Against Bengal Peerless in Digangana Project
Calcutta HC Directs Review of 17-Week Retrospective Tax and Penalty on Newly Registered Vehicle
Orissa HC Directs RTO to Unblock Vehicle on Vahan Portal Pending Penalty Proceedings
Supreme Court Judgments Apply Retrospectively Unless Expressly Made Prospective: SC
20% Deposit Under Section 148 NI Act Not Mandatory in Exceptional Cases: SC
SC Upholds CESTAT Order Rejecting Customs Demand Based on Uncertified Electronic Evidence
Managing Partner Liable for Customs Penalty Despite Penalty on Firm: CESTAT Hyderabad
Finance Ministry Continues Anti-Dumping Duty on Phthalic Anhydride from China & Korea
CESTAT Awards 12% Interest on Refund of Investigation Deposit, Rejects 6% Rate
ROC Chennai Imposes ₹7 Lakh Penalty on Port City Nidhi for NRC Composition Default
ROC Imposes ₹4.09 Lakh Penalty on Space Link Consultancy for Financial Statement Filing Default
ROC Delhi Imposes ₹5.5 Crore Penalty on Hindustan Coca-Cola Holdings for Section 42 Violation
Delhi HC Denies Disclosure of MCA Investigation Orders During Ongoing SFIO Probe
GSTAT Orders Oxford Realty to Refund ₹40.99 Lakh GST ITC Benefit to Godrej Infinity Homebuyers
GSTAT accepted the DGAP report, directed Oxford Realty LLP to refund the remaining ITC benefit with 18% interest, and held no penalty was leviable…
Duty Paid Through Supplementary Invoices Must Be Treated as Pre-Deposit: CESTAT Kolkata
CESTAT remanded the excise valuation dispute after holding that the appellant's duty payment through supplementary invoices should be treated as pre-deposit.
ITAT Mumbai Deletes Section 68 Addition on Repaid Unsecured Loans Through Banking Channels
ITAT upheld deletion of the Section 68 addition after finding the assessee had proved identity, creditworthiness and genuineness of repaid unsecured loans through banking…
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
Adv Akruti Goyal, a practicing CA handling GST compliance from 2015-2021. Qualified as a lawyer in…
