Franklin Joshva
![Creditors Written Off and Discount Receipts Linked to Business Income Taxable at Only 8% of Their Value: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Business-Income-Taxsacan.jpg "Creditors Written Off and Discount Receipts Linked to Business Income Taxable at Only 8% of Their Value: ITAT [Read Order]")
Creditors Written Off and Discount Receipts Linked to Business Income Taxable at Only 8% of Their Value: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to modify the addition citing that only 8% of creditors...
![CIT(A) Ignored CBDT Relief for Delayed ITR Filing: ITAT Remands Matter Back for Order Rectification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Chennai-Bench-of-Income-Tax-Appellate-Tribunal-Central-Board-of-Direct-Taxes-CIT-CBDT-Relief-for-Delayed-ITR-Filing-ITR-Filing-ITAT-Remands-Matter-CBDT-CPC-return-of-income-and-audit-report-ITR-Taxscan.jpg "CIT(A) Ignored CBDT Relief for Delayed ITR Filing: ITAT Remands Matter Back for Order Rectification [Read Order]")
![Commissioner Denies Cross-Examination Opportunity: CESTAT Quashes Excise Demand Order for Violation of S. 9D of CEA [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Excise-Demand-Order-Kolkata-Bench-of-CESTAT-cross-examination-opportunity-citing-Excise-Duty-and-imposed-penalties-Customs-Customs-Excise-and-Service-Tax-Appellate-Tribunal-Taxscan.jpg "Commissioner Denies Cross-Examination Opportunity: CESTAT Quashes Excise Demand Order for Violation of S. 9D of CEA [Read Order]")
![Deduction u/s 54F Allowable for Property Purchased in Wifes Name: ITAT Directs AO to Approve [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Directs-AO-ITAT-Directs-ITR-CIT-Delhi-High-Court-under-section-54F-of-the-Income-Tax-Act-immovable-property-AO-Taxscan.jpg "Deduction u/s 54F Allowable for Property Purchased in Wifes Name: ITAT Directs AO to Approve [Read Order]")
![Dept. Fails to Verify Document Veracity with Key Parties like Suppliers, Buyers, Transporters, Agents: CESTAT Rules Investigation Faulty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Dept.-Fails-to-Verify-Document-CESTAT-CESTAT-Rules-Investigation-Faulty-suppliers-buyers-transporters-agents-veracity-of-documents-show-cause-notice-supplier-of-raw-materials-Kolkata-Taxscan.jpg "Dept. Fails to Verify Document Veracity with Key Parties like Suppliers, Buyers, Transporters, Agents: CESTAT Rules Investigation Faulty [Read Order]")
Relief to TATA Beverages: CESTAT Rules SCN Issued in 2010 for Alleged IPR Service Invalid as Business Transfer Details Disclosed in 2005 [Read Order]
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that the Show Cause Notice (SCN) issued in 2010 for alleged IPR service was invalid citing that the business...
![Relief to TATA Beverages: CESTAT Rules SCN Issued in 2010 for Alleged IPR Service Invalid as Business Transfer Details Disclosed in 2005 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-CESTAT-Kolkata-TATA-TATA-Global-Beverages-Ltd-taxscan.jpg "Relief to TATA Beverages: CESTAT Rules SCN Issued in 2010 for Alleged IPR Service Invalid as Business Transfer Details Disclosed in 2005 [Read Order]")
Relief for TATA Steel: CESTAT Declares Excise Demand Notice Issued After 9.5 Years as Time-Barred, Exceeding 5 Years Limit- [Read Order]
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that the demand notice issued after 9.5 years exceeding the time limit of 5 years is time-barred relieving TATA...
![Relief for TATA Steel: CESTAT Declares Excise Demand Notice Issued After 9.5 Years as Time-Barred, Exceeding 5 Years Limit- [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-CESTAT-Kolkata-Customs-Excise-Service-Tax-Appellate-Tribunal-TAXSCAN.jpg "Relief for TATA Steel: CESTAT Declares Excise Demand Notice Issued After 9.5 Years as Time-Barred, Exceeding 5 Years Limit- [Read Order]")
![Municipal Corporation Engaged in Commercial Activities liable to Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-Service-Tax-liable-in-Commercial-Activities-Municipal-Corporation-Engaged-in-Commercial-Activities-taxscan.jpg "Municipal Corporation Engaged in Commercial Activities liable to Service Tax: CESTAT [Read Order]")
Dept denies Exemption for Wrongful CENVAT Credit use on Exempted Goods: CESTAT grants Relief as Excess Credit was reversed before SCN [Read Order]
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) granted exemption from tax as the excess CENVAT credit was reversed before the show cause notice was issued to the...
![Dept denies Exemption for Wrongful CENVAT Credit use on Exempted Goods: CESTAT grants Relief as Excess Credit was reversed before SCN [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-CESTAT-Kolkata-Cenvat-credit-Wrongful-CENVAT-Credit-on-Exempted-Goods-TAXSCAN.jpg "Dept denies Exemption for Wrongful CENVAT Credit use on Exempted Goods: CESTAT grants Relief as Excess Credit was reversed before SCN [Read Order]")
Services like Construction of Road, Bridge rendered to Government exempted from Tax: CESTAT quashes Demand Order [Read Order]
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) quashed the demand order confirming that services like construction of roads, and bridges rendered to the Government...
![Services like Construction of Road, Bridge rendered to Government exempted from Tax: CESTAT quashes Demand Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Services-Construction-of-Road-Bridge-rendered-Government-exempted-Tax-CESTAT-Demand-Order-taxscan.jpg "Services like Construction of Road, Bridge rendered to Government exempted from Tax: CESTAT quashes Demand Order [Read Order]")