ITAT sets aside Penalty, Orders Fresh Proceedings after Reconsideration of Quantum Addition [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the penalty imposed under Section 271AAB of the Income Tax Act,1961 and ordered fresh proceedings after the…

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ITAT remands Case to CIT(E) for Re-examination due to Insufficient Hearing Notice [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case to the Commissioner of Income Tax (Exemptions) [CIT(E)] for re-examination, citing an insufficient hearing notice period.…

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ITC Reversal on Book Adjustments: How to Draft Reply for Response to GST Show Cause Notice [Find Format Here]

Top Stories ITC Reversal on Book Adjustments: How to Draft Reply for Response to GST Show Cause Notice [Find Format Here] This article outlines the legal grounds for responding to…

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CBIC imposes Anti-Dumping Duty on Cellophane Transparent Film for 5 years [Read Notification]

The Central Board of Indirect Taxes and Customs ( CBIC ) has announced the imposition of an anti-dumping duty on “Cellophane Transparent Film,” classified under tariff items 3920 71 11 and…

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GST Recovery and Hearing Notices ignored: Madras HC orders 25% Pre-Deposit from Cash Ledger for Fresh Consideration [Read Order]

Top Stories GST Recovery and Hearing Notices ignored: Madras HC orders 25% Pre-Deposit from Cash Ledger for Fresh Consideration [Read Order] It was directed to treat the previous order as…

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No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order]

Top Stories No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order] The ruling reinforces that ITC blocking is a severe and exceptional…

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