Aiswarya Krishnadas
![Taxpayer entitles to Deduction for CENVAT Credit Written Off out of Assets acquired from GAPAIL through Slump Sale: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Delhi-CENVAT-CENVAT-Credit-Central-Value-Added-Tax-Tax-news-Taxscan.jpg "Taxpayer entitles to Deduction for CENVAT Credit Written Off out of Assets acquired from GAPAIL through Slump Sale: ITAT [Read Order]")
Taxpayer entitles to Deduction for CENVAT Credit Written Off out of Assets acquired from GAPAIL through Slump Sale: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that the taxpayer was entitled to a deduction for the Central Value Added Tax (...
![Section 249(4)(b) does not Apply when there is No question of Advance Tax in Income Tax Reassessment Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-Reassessment-Proceedings-Income-Tax-Reassessment-taxscan.jpg "Section 249(4)(b) does not Apply when there is No question of Advance Tax in Income Tax Reassessment Proceedings: ITAT [Read Order]")
![Company’s book, Including Manual Cash book, deemed Non-Incriminating u/s 153A of Income Tax Act: ITAT deletes S.69 Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-company-books-Manual-cash-books-section-69-income-tax-act-TAXSCAN.jpg "Company’s book, Including Manual Cash book, deemed Non-Incriminating u/s 153A of Income Tax Act: ITAT deletes S.69 Addition [Read Order]")
![Investment Source once accepted by AO cannot be Rectified using S.154: ITAT sets aside Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Delhi-Income-Tax-Assessment-Order-Assessment-Order-Assessing-Officer-Section-154-of-the-Income-Tax-Act-Taxscan.jpg "Investment Source once accepted by AO cannot be Rectified using S.154: ITAT sets aside Income Tax Assessment Order [Read Order]")
![Round Ridge Cement tiles Eligible for Customs Duty-Free Import: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CESTAT-CESTAT-Bangalore-Round-Ridge-Cement-Tiles-Customs-Duty-Free-Import-Tax-news-Taxscan.jpg "Round Ridge Cement tiles Eligible for Customs Duty-Free Import: CESTAT [Read Order]")
Anti-Dumping Duty Leviable on Green Reflective Glass during Period 4th Jan 2009 to 22nd May 2009: CESTAT [Read Order]
The Bangalore bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) ruled that anti-dumping duty is leviable on green reflective glass for the period from 4th January 2009 to 22nd...
![Anti-Dumping Duty Leviable on Green Reflective Glass during Period 4th Jan 2009 to 22nd May 2009: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Anti-Dumping-Duty-CESTAT-CESTAT-Bangalore-Green-Reflective-Glass-Reflective-Glass-Anti-Dumping-Duty-taxscan.jpg "Anti-Dumping Duty Leviable on Green Reflective Glass during Period 4th Jan 2009 to 22nd May 2009: CESTAT [Read Order]")
Taxpayer Follows Mercantile System of Accounting Consistently: ITAT allows Deduction of Rs. 34.2 lakhs u/s 57 of Income Tax Act [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) allowed a deduction of Rs. 34.2 lakhs under Section 57 of the Income Tax Act, noting that the taxpayer consistently followed the...
![Taxpayer Follows Mercantile System of Accounting Consistently: ITAT allows Deduction of Rs. 34.2 lakhs u/s 57 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Section-57-of-the-Income-Tax-Act-ITAT-Kolkata-income-tax-deduction-Taxscan.jpg "Taxpayer Follows Mercantile System of Accounting Consistently: ITAT allows Deduction of Rs. 34.2 lakhs u/s 57 of Income Tax Act [Read Order]")
Debt Written Off in Books of Account is to be Allowed as Bad Debts: ITAT directs AO to delete Addition of Rs. 6.69 crore [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer ( AO ) to delete the addition of Rs. 6.69 crore after ruling that debt written off in the books of...
ITAT dismisses Appeal u/s 68 of Income Tax Act Due to Absence of Explanation for Transactions [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal under Section 68 of the Income Tax Act,1961 due to the absence of an explanation for the transactions. The...
![ITAT dismisses Appeal u/s 68 of Income Tax Act Due to Absence of Explanation for Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-tax-appellate-tribunal-income-tax-acts-Income-tax-sections-Section-68-TAXSCAN.jpg "ITAT dismisses Appeal u/s 68 of Income Tax Act Due to Absence of Explanation for Transactions [Read Order]")
No Incriminating Material found during Search: ITAT quashes Assessment u/s 153A of Income Tax Act [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the assessment under Section 153A of the Income Tax Act, 1961 as no incriminating material was found during the course of the...
![No Incriminating Material found during Search: ITAT quashes Assessment u/s 153A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-Income-tax-news-Income-tax-search-Income-tax-assessment-taxscan.jpg "No Incriminating Material found during Search: ITAT quashes Assessment u/s 153A of Income Tax Act [Read Order]")
Issuance of Notice in Name of Dead Person is not Valid: ITAT directs AO to quash Assessment Order u/s 143 (3) of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer ( AO ) to quash the assessment order issued under Section 143(3) of the Income Tax Act, 1961 stating that the issuance of...
![Issuance of Notice in Name of Dead Person is not Valid: ITAT directs AO to quash Assessment Order u/s 143 (3) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Issuance-of-Notice-Dead-Person-ITAT-AO-Assessment-Order-Income-Tax-Act-taxscan.jpg "Issuance of Notice in Name of Dead Person is not Valid: ITAT directs AO to quash Assessment Order u/s 143 (3) of Income Tax Act [Read Order]")
Supreme Court Issues Notice on Application Seeking Condonation of Delay and SLP w.r.t. Customs EPCG License [Read Judgement]
The Supreme Court issued notice on the application seeking condonation of delay and the Special Leave Petition filed by the Customs Department with respect to the Customs Export Promotion Capital...
![Supreme Court Issues Notice on Application Seeking Condonation of Delay and SLP w.r.t. Customs EPCG License [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/Supreme-Court-Condonation-of-Delay-Customs-Special-Leave-Petition-taxscan.jpg "Supreme Court Issues Notice on Application Seeking Condonation of Delay and SLP w.r.t. Customs EPCG License [Read Judgement]")