The Mumbai Bench of the National Company Law Tribunal (NCLT)condoned 92 days delay as the liquidators delayed to submit claims due to medical difficulty of officer in charge. The Department of State Tax through the

In a major relief to Hyundai Merchant Marine India Pvt.Ltd, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has deleted the penalty imposed by the Customs Department and held that no penalty can be

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) directed the Non-Resident Company to pay 20% of Outstanding Demand of Income Tax and stayed 80% of outstanding demand for 180 days. The assessee, Blackstone FP

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a mere change in the heads of income would not attract penalty under the Income Tax Act, 1961. The assessee

In a recent ruling, the ITAT, Mumbai bench, confirmed that penalty is not leviable where there is a difference of opinion between the assessee and the Revenue as to the head of income under which

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made on the corpus fund and held that the receipt of compensation for hardship is in the nature of capital receipt and

The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that the Commissioner of Customs has the power can recover both the movable and immovable properties of the

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted transfer pricing adjustment pertaining to import of Minipress for trading purposes. The Assessee, M/s. Pfizer Ltd. is into the business of manufacturing and trading

As a relief to Cadbury India, the Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) has held that interest liability under rule 7 of the Central Excise Rules arises only when assessments

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench granted a conditional stay to Vodafone India Services Pvt Ltd. (VISPL) in a transfer pricing case, directing the company to pay Rs. 230 crore towards a disputed

In a major relief to M/s Mumbai Nasik Expressway, the Mumbai Bench of Income Tax Appellate Tribunal (ITAT) allowed 25% depreciation regarding expenditure incurred for development of roads. The assessee company, M/s Mumbai Nasik Expressway

The Income Tax Appellate Tribunal (ITAT), Mumbai bench directed readjudication due to the failure to produce documents concerning the loan transaction and the purchase and pledge of shares. The Assessing Officer issued a notice under

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the award is taxable as “income from other sources” under the provisions of the Income Tax Act, 1961. The assessee, an individual,

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed to avail un-utilized Cenvat credit on export of input services. The appellant availed Cenvat Credit of service tax paid on various

The Income Tax Appellate Tribunal (ITAT), Mumbai bench has granted an extension to the stay granted to Vodafone Idea since the appeal could not be disposed for the reason thatthe Commissioner (Appeals) insisted personal hearing