Relief for Nokia India: CESTAT allows Refund of Excess CVD, Rules Challenge to Original Assessment Not Mandatory [Read Order]

Top Stories Relief for Nokia India: CESTAT allows Refund of Excess CVD, Rules Challenge to Original Assessment Not Mandatory [Read Order] CESTAT granted refund of excess CVD to Nokia India,…

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Setback for Royal Enfield: CESTAT Rejects ₹1.79 Cr Refund Claim on SIPCOT Charges Over 31-Day Delay [Read Order]

The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that Royal Enfield Motors’ claim for refund of Rs. 1.79 crore in service tax paid on…

Continue ReadingSetback for Royal Enfield: CESTAT Rejects ₹1.79 Cr Refund Claim on SIPCOT Charges Over 31-Day Delay [Read Order]

Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order]

Top Stories Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order] The Tribunal asserted that cash deposits made during the demonetization…

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Pharmacy Income Not Separate Business, Exempt u/s 11: ITAT grants Relief to Charitable Hospital [Read Order]

Top Stories Pharmacy Income Not Separate Business, Exempt u/s 11: ITAT grants Relief to Charitable Hospital [Read Order] The tribunal noted that medicines are one of the most common healthcare…

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Challenge against order rejecting GST refund: Delhi HC Disposes of Petition on Availability of Statutory Remedy [Read Order]

In a recent ruling, the Delhi High Court refused to entertain the petition as the impugned GST order rejecting the refund claim was passed after considering the reply and the…

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Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]

In a significant ruling, the Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that rental income derived by a charitable trust, if incidental and ancillary to its…

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Income Tax Notices Must Include Reasons, Even if Not Mandatory by Law: Patna HC Quashes Preliminary Orders [Read Order]

In a recent ruling, the Patna High Court quashed preliminary orders and held that notices issued under Section 148 of the Income Tax Act, even under the unamended provisions, must…

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