Akhaigha T Josh
![CENVAT Credit Cannot Be Denied If Service Tax Is Paid and Accepted: CESTAT Remands All Nippon Airways’s Case for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/500x300_2059082-cenvat-credit-cestat-orders-demand-exempted-and-dutiable-goods-taxscan-1.webp "CENVAT Credit Cannot Be Denied If Service Tax Is Paid and Accepted: CESTAT Remands All Nippon Airways’s Case for Verification [Read Order]")
CENVAT Credit Cannot Be Denied If Service Tax Is Paid and Accepted: CESTAT Remands All Nippon Airways’s Case for Verification [Read Order]
The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held that CENVAT credit cannot be denied if service tax has...
![Delayed Service of GST Notice Hardcopy: Madras HC Condones 142-Day Delay and Allows Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/02/250x150_2057903-size.webp "Delayed Service of GST Notice Hardcopy: Madras HC Condones 142-Day Delay and Allows Tax Appeal [Read Order]")
![HC Cannot Direct ICICI to Take Possession of Mortgaged Property, Private Bank Not ‘State’ Under Article 12: Punjab and Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/250x150_2055645-pendency-of-proceedings-nclat-rules-favour-of-icici-bank-section-7-bar-financial-creditors-nclat-delhi-taxscan.webp "HC Cannot Direct ICICI to Take Possession of Mortgaged Property, Private Bank Not ‘State’ Under Article 12: Punjab and Haryana HC [Read Order]")
![ITAT upholds PCIT Order on Depreciation Disallowance, holds AO Ignored Rental Terms and Asset Usage Facts [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/250x150_2054669-pcit-order-depreciation-disallowance-asset-usage-facts-taxscan.webp "ITAT upholds PCIT Order on Depreciation Disallowance, holds AO Ignored Rental Terms and Asset Usage Facts [Read Order]")
ITAT sets aside PCIT Order on Revenue Recognition, Holds No Revenue Prejudice as Income Declared in Subsequent Years [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) set aside an order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263 of the Income Tax Act, 1961. The bench...
![ITAT sets aside PCIT Order on Revenue Recognition, Holds No Revenue Prejudice as Income Declared in Subsequent Years [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/500x300_2054662-itat-itat-roundup-weeklyrounup-taxscan-6.webp "ITAT sets aside PCIT Order on Revenue Recognition, Holds No Revenue Prejudice as Income Declared in Subsequent Years [Read Order]")
ITAT sets aside Income Tax Penalty on Fruit Dealer for Misreporting, Directs CIT(A) to Reconsider Immunity Despite Form 68 Lapse [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has set aside a penalty imposed for misreporting of income while directing the Commissioner of Income Tax (Appeals) ( CIT(A) ) to...
![ITAT sets aside Income Tax Penalty on Fruit Dealer for Misreporting, Directs CIT(A) to Reconsider Immunity Despite Form 68 Lapse [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054364-2041840-penalty-us-2711c-estimated-itat-penalty-absence-concealment-taxscan.webp "ITAT sets aside Income Tax Penalty on Fruit Dealer for Misreporting, Directs CIT(A) to Reconsider Immunity Despite Form 68 Lapse [Read Order]")
ITAT Holds Peak Credit Theory Not Applicable in Undisclosed Income Gold Stock Case; Directs AO to Verify Details as per CBDT SOP/Guidelines [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) has held that the theory of peak credit is inapplicable in a case involving undisclosed income channeled through bogus gold trade...
![ITAT Holds Peak Credit Theory Not Applicable in Undisclosed Income Gold Stock Case; Directs AO to Verify Details as per CBDT SOP/Guidelines [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054189-income-gold-stock-case.webp "ITAT Holds Peak Credit Theory Not Applicable in Undisclosed Income Gold Stock Case; Directs AO to Verify Details as per CBDT SOP/Guidelines [Read Order]")
Addition of 1% Commission to ₹63L Income for Issuing Bogus Sales Bills: ITAT sustains Tax Computation due to No Plausible Explanation [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed six appeals with common grounds, challenging the justification of the order by the Commissioner of Income Tax...
![Addition of 1% Commission to ₹63L Income for Issuing Bogus Sales Bills: ITAT sustains Tax Computation due to No Plausible Explanation [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053082-bogus-sales-bills-itat-taxscan.webp "Addition of 1% Commission to ₹63L Income for Issuing Bogus Sales Bills: ITAT sustains Tax Computation due to No Plausible Explanation [Read Order]")
Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) recently directed the Assessing Officer (AO) to re-examine whether the VoluntaryRetirement Scheme (VRS) issue compensation amount was...
![Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2051143-deduction-deduction-of-vrs-compensation-vrs-compensation-by-auto-dealer-taxscan.webp "Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]")
![Relief to Reliance Motors: ITAT holds Loan to Non-Shareholder Not a Deemed Dividend [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2051072-reliance-motors-itat-non-shareholder-taxscan.webp "Relief to Reliance Motors: ITAT holds Loan to Non-Shareholder Not a Deemed Dividend [Read Order]")