Commissions, Forums & Tribunals ITAT Upholds Deletion of ₹3 Crore Addition, Says Low Income Alone Cannot Prove Lack of Creditworthiness EditorJune 6, 2026June 11, 20264 mins June 5, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has dismissed the Revenue Department’s appeal against ANR…
Commissions, Forums & Tribunals CESTAT Rejects Department’s ₹22.88 Crore Excise Demand Against Sharp Menthol, Upholds CENVAT Credit Eligibility EditorJune 6, 2026June 11, 20265 mins June 5, 2026 : In a significant ruling on CENVAT credit and export-related excise benefits, the Principal Bench of the…
Commissions, Forums & Tribunals NCLT Rejects St. John Lines’ ₹35 Crore Claim Against Liquidator in St. John Freight Insolvency Case EditorJune 6, 2026July 4, 20264 mins June 5, 2026 : The National Company Law Tribunal (NCLT), Chennai Bench, has dismissed an application filed by Singapore-based St….
Commissions, Forums & Tribunals CESTAT rules mere transport of goods by road is not taxable GTA service, sets aside ₹2.08 crore tax demand. EditorJune 6, 2026June 11, 20264 mins June 5, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside a service…
Commissions, Forums & Tribunals ITAT Delhi deletes ₹5.60 crore Section 69A addition, holding audited business cash deposits cannot be treated as unexplained income. EditorJune 5, 2026June 16, 20266 mins June 4, 2026 : ITAT Deletes ₹5.60 Crore Addition in Demonetisation Cash Deposit Case – In a judgment delivered on…
Commissions, Forums & Tribunals ITAT Grants Major Tax Relief to Manugraph India, Allows R&D Expense Deduction and Limits Section 14A Disallowance EditorJune 5, 2026June 16, 20265 mins June 4, 2026 : In a significant ruling for corporate taxpayers claiming research and development benefits and facing disallowances under…
Commissions, Forums & Tribunals ITAT Mumbai grants Manugraph relief on Section 14A disallowance and allows R&D expense deduction under Section 37(1). EditorJune 5, 2026June 15, 20265 mins June 4, 2026 : The Income Tax Appellate Tribunal (ITAT) has granted substantial relief to Manugraph India Limited by restricting…
Commissions, Forums & Tribunals Consumer Commission Orders Jalandhar Restaurant to Refund Service Charges, Awards Compensation for Unfair Trade Practice EditorJune 5, 2026June 22, 20264 mins June 4, 2026 : In a significant ruling for consumer rights, the District Consumer Disputes Redressal Commission, Jalandhar, has held…
Commissions, Forums & Tribunals ITAT Deletes ₹76.45 Crore Transfer Pricing Addition Against EbixCash, Rules CCDs Cannot Be Treated as Equity Team Law NotifyJune 5, 2026June 15, 20264 mins June 4, 2026 : In a significant ruling for transfer pricing litigation and cross-border financing structures, the Mumbai Bench of…
Commissions, Forums & Tribunals CESTAT set aside ₹1.44 crore customs duty demand and penalties against Bharti Gems in a major SEZ customs ruling. EditorJune 4, 2026June 8, 20265 mins June 3, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has delivered a major relief…
