Taxscan Team
![Income Tax Addition u/s 68 not permissible in the absence of any Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Addition-u-s-68-absence-of-any-Books-of-Account-ITAT-Books-of-Account.jpg "Income Tax Addition u/s 68 not permissible in the absence of any Books of Account: ITAT [Read Order]")
Income Tax Addition u/s 68 not permissible in the absence of any Books of Account: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the Income Tax Addition under section 68 of the Income Tax Act,1961 is not...
![Supreme Court grants Reduction of Amount towards limited Compounding of Offence punishable u/s 135 of the Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Supreme-Court-Reduction-of-Amount-limited-Compounding-of-Offence-punishable-us-135-of-the-Customs-Act-Taxscan.jpg "Supreme Court grants Reduction of Amount towards limited Compounding of Offence punishable u/s 135 of the Customs Act [Read Order]")
![Delhi HC directs NaFC to withdraw assessment orders without issuing draft notice under S. 144B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Delhi-HC-NaFC-assessment-orders-assessment-notice-taxscan.jpg "Delhi HC directs NaFC to withdraw assessment orders without issuing draft notice under S. 144B [Read Order]")
![Reassessment Powers could not be exercised for the purpose of Re-verification: Gujarat High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Reassessment-powers-could-not-be-exercised-for-the-purpose-of-Re-verification-Gujarat-High-Court-TAXSCAN.jpg "Reassessment Powers could not be exercised for the purpose of Re-verification: Gujarat High Court [Read Order]")
![Tribunal at Appellate stage cannot club Refund Claims of different quarters: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Tribunal-Appellate-stage-cannot-club-the-refund-claims-of-different-quarters-rules-CESTAT-TAXSCAN.jpg "Tribunal at Appellate stage cannot club Refund Claims of different quarters: CESTAT [Read Order]")
TDS Credit should be Allowed when Assessee has offered income relating to said TDS: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the TDS credit should be allowed when the assessee has offered the income relating to TDS under the provisions of the...
![TDS Credit should be Allowed when Assessee has offered income relating to said TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/TDS-TDS-Credit-income-ITAT-taxscan-.jpg "TDS Credit should be Allowed when Assessee has offered income relating to said TDS: ITAT [Read Order]")
No bar of unjust enrichment on Accumulation of Credit on Clearance of Excisable Goods during Excise Law Regime: CESTAT [Read Order]
A Single Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), held that No bar of unjust enrichment on accumulation of credit on clearance of excisable goods during Excise Law...
![No bar of unjust enrichment on Accumulation of Credit on Clearance of Excisable Goods during Excise Law Regime: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Nunjust-enrichment-Accumulation-Credit-Clearance-Excisable-Goods-during-Excise-Law-Regime-CESTAT-TAXSCAN.jpg "No bar of unjust enrichment on Accumulation of Credit on Clearance of Excisable Goods during Excise Law Regime: CESTAT [Read Order]")
No Adverse inference against availment of CENVAT Credit: CESTAT quashes Disallowance of Credit [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), quashed disallowance of credit on the ground that no adverse inference against availment of CENVAT Credit. ...
![No Adverse inference against availment of CENVAT Credit: CESTAT quashes Disallowance of Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/availment-of-CENVAT-Credit-CENVAT-Credit-CESTAT-CESTAT-quashes-Disallowance-of-Credit-Disallowance-of-Credit-Credit-taxscan.jpg "No Adverse inference against availment of CENVAT Credit: CESTAT quashes Disallowance of Credit [Read Order]")
Legality of Service Tax Credit can only be questioned to the ISD by Jurisdictional Authority: CESTAT [Read Order]
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), held that legality of Service Tax Credit can only be questioned to the Input Service Distributor (ISD) by...
![Legality of Service Tax Credit can only be questioned to the ISD by Jurisdictional Authority: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Service-Tax-Credit-ISD-Jurisdictional-Authority-CESTAT-taxscan.jpg "Legality of Service Tax Credit can only be questioned to the ISD by Jurisdictional Authority: CESTAT [Read Order]")
Delhi HC transfers matter to Higher Bench to decide admissibility of Writ Petition when jurisdictional AO was located outside NCT of Delhi
A Division Bench of the Delhi High Court transferred matter to Higher Bench to decide admissibility of writ petition when jurisdictional Assessing Officer (AO) was located outside National Capital...
