Aiswarya Krishnadas
![Taxpayer is not Owner of Property: ITAT deletes Addition of 25 lakhs u/s 56 of Income Tax Act [Read Read]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Delhi-Income-Tax-Tax-news-ITAT-Taxscan.jpg "Taxpayer is not Owner of Property: ITAT deletes Addition of 25 lakhs u/s 56 of Income Tax Act [Read Read]")
Taxpayer is not Owner of Property: ITAT deletes Addition of 25 lakhs u/s 56 of Income Tax Act [Read Read]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has nullified the addition of Rs. 25 lakhs under Section 56 of the Income Tax Act,...
![Deduction from Employee Salary for Food Facility Provided in Factory Premises not Classified as Supply u/s 7 of CGST Act: Gujarat AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Deduction-Employee-Salary-Food-Facility-Factory-Premises-Classified-Supply-CGST-Act-Gujarat-AAR-taxscan.jpg "Deduction from Employee Salary for Food Facility Provided in Factory Premises not Classified as Supply u/s 7 of CGST Act: Gujarat AAR [Read Order]")
![CESTAT Calls for Re-determination as Micro-Cellular Goods Assessment Falters, Questions Reliance on Unofficial Test Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CESTAT-Calls-Re-determination-Micro-Cellular-Goods-Assessment-Falters-Questions-Reliance-Unofficial-Test-Report-taxscan.jpg "CESTAT Calls for Re-determination as Micro-Cellular Goods Assessment Falters, Questions Reliance on Unofficial Test Report [Read Order]")
![Service Tax is not Leviable on Service Received in SEZ u/s 26 of Customs Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Ahmedabad-CESTAT-Service-Tax-Received-in-SEZ-Tax-news-Txascan.jpg "Service Tax is not Leviable on Service Received in SEZ u/s 26 of Customs Act: CESTAT [Read Order]")
Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted unexplained credits under Section 68 of the Income Tax Act, 1961, as it found the deposit transactions by the Assessee Company to...
![Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-Tax-Act-ITAT-Delhi-income-tax-news-tax-news-taxscan.jpg "Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]")
Manufactured Product in Syringes without Needle cannot be classified as Parts and Accessories of Goods of heading 9018: CESTAT [Read Order]
The Ahmedabad bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) ruled that a manufactured product contained in syringes without needles cannot be categorized as parts and...
![Manufactured Product in Syringes without Needle cannot be classified as Parts and Accessories of Goods of heading 9018: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Syringes.jpg "Manufactured Product in Syringes without Needle cannot be classified as Parts and Accessories of Goods of heading 9018: CESTAT [Read Order]")
No Knowledge about Gold Concealed in Bags: CESTAT deletes Penalty u/s 112 of Customs Act [Read Order]
The Kolkata bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) rendered a decision to annul the penalty under Section 112 of the Customs Act, 1962, citing lack of knowledge...
![No Knowledge about Gold Concealed in Bags: CESTAT deletes Penalty u/s 112 of Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Gold-Concealed-in-Bags.jpg "No Knowledge about Gold Concealed in Bags: CESTAT deletes Penalty u/s 112 of Customs Act [Read Order]")
Issuing Second SCN for Excise Demand without Adjudicating First Deems Jurisdictionally Void:Â CESTAT [Read Order]
The Mumbai bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) ruled that issuing a second Show Cause Notice ( SCN ) for excise demand without adjudicating the first was deemed...
![Issuing Second SCN for Excise Demand without Adjudicating First Deems Jurisdictionally Void:Â CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CESTAT-Mumbai-Second-SCN-Adjudicating-First-Deems-Jurisdictionally-Void-CESTAT-Updating-taxscan.jpg "Issuing Second SCN for Excise Demand without Adjudicating First Deems Jurisdictionally Void:Â CESTAT [Read Order]")
No CENVAT taken on Inputs/ Capital Goods or Input Services used in Rendering Service Goods: CESTAT Remands for Reconsideration [Read Order]
The Ahmedabad bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has remanded the case for reconsideration, stating that no Central Value Added Tax ( CENVAT ) credit was taken...
![No CENVAT taken on Inputs/ Capital Goods or Input Services used in Rendering Service Goods: CESTAT Remands for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CESTAT-CENVAT-cenvat-credit-rules-product-rendering-service-capital-goods-Taxscan.jpg "No CENVAT taken on Inputs/ Capital Goods or Input Services used in Rendering Service Goods: CESTAT Remands for Reconsideration [Read Order]")
![Consignment Note Absence Invalidates Service Tax Claim for GTA: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Goods-Transport-Agency-Service-Tax-Goods-Transport-Agency-taxscan-.jpg "Consignment Note Absence Invalidates Service Tax Claim for GTA: CESTAT [Read Order]")