Varda Marakkar
![Income from Sale of White Button Mushroom Cultivated Indoors is still “Agricultural Income”, not “Business Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-Income-Tax-Appellate-Tribunal-Button-mushroom-cultivation-TAXSCAN.jpg "Income from Sale of White Button Mushroom Cultivated Indoors is still “Agricultural Income”, not “Business Income”: ITAT [Read Order]")
Income from Sale of White Button Mushroom Cultivated Indoors is still “Agricultural Income”, not “Business Income”: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) in Mumbai recently ruled that income from the sale of white button mushrooms cultivated indoors should be...
![Statements Retracted at Cross Examination have No Evidentiary Value Cannot be Relied Upon to Demand Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Statements-Retracted-Cross-Examination-No-Evidentiary-Value-Relied-Upon-to-Demand-Duty-CESTAT-TAXSCAN.jpg "Statements Retracted at Cross Examination have No Evidentiary Value Cannot be Relied Upon to Demand Duty: CESTAT [Read Order]")
![Determinate Beneficiaries to be Taxed as “Individual”, Not as “Association Of Persons” at Marginal Rate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-TAXSCAN-1.jpg "Determinate Beneficiaries to be Taxed as “Individual”, Not as “Association Of Persons” at Marginal Rate: ITAT [Read Order]")
![Purchase of One Residential House with Modifications of Two Adjacent Properties Amounts to a Single Residential House: ITAT Allows S.54F Exemption Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-Income-Tax-Act-TAXSCAN.jpg "Purchase of One Residential House with Modifications of Two Adjacent Properties Amounts to a Single Residential House: ITAT Allows S.54F Exemption Claim [Read Order]")
Accounts Manager Tortured and Statement not Voluntarily Taken: CESTAT quashes Excise Duty Demand and Penalty [Read Order]
In a notable ruling, the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) Kolkata quashed an excise duty demand and penalties imposed on one assessee, Ramgarh Sponge Iron Private...
![Accounts Manager Tortured and Statement not Voluntarily Taken: CESTAT quashes Excise Duty Demand and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Kolkata-CESTAT-quashes-Excise-Duty-Excise-Duty-Demand-and-Penalty-Accounts-Manager-Accounts-Manager-Tortured-Voluntarily-Taken-taxscan.jpg "Accounts Manager Tortured and Statement not Voluntarily Taken: CESTAT quashes Excise Duty Demand and Penalty [Read Order]")
Assessee paid Excess Amount against Demand of Rs.4,20,162/- on Account of Short Payment: CESTAT quashes Service Tax Demand, Penalty [Read Order]
Recently the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) in Kolkata has quashed a service tax demand of Rs. 4,20,162/- against an assessee, M/s Saila Shipping & Clearing...
![Assessee paid Excess Amount against Demand of Rs.4,20,162/- on Account of Short Payment: CESTAT quashes Service Tax Demand, Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Kolkata-Service-Tax-Demand-Service-Tax-Excess-payment-service-tax-Taxscan.jpg "Assessee paid Excess Amount against Demand of Rs.4,20,162/- on Account of Short Payment: CESTAT quashes Service Tax Demand, Penalty [Read Order]")
![Service Tax Pertaining to Reimbursable Expenses not Payable by Assessee: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Kolkata-Service-Tax-Reimbursable-Expenses-not-Payable-by-Assessee-Service-Tax-Pertaining-Customs-Excise-and-Service-Tax-Appellate-Tribunal-taxscan.jpg "Service Tax Pertaining to Reimbursable Expenses not Payable by Assessee: CESTAT [Read Order]")
Extension of Import Restrictions by Dept amidst Suffering Detention and Demurrage Charges: CESTAT reduces Redemption Fine and Penalty to Rs. 25 Lakhs [Read Order]
In a ruling recently, the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) in Kolkata reduced the redemption fine and penalty imposed on an assessee, M/s Rahul Agro Industries, to Rs....
![Extension of Import Restrictions by Dept amidst Suffering Detention and Demurrage Charges: CESTAT reduces Redemption Fine and Penalty to Rs. 25 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Kolkata-CESTAT-reduces-Redemption-Fine-Redemption-Fine-and-Penalty-Extension-of-Import-Restrictions-by-Dept-amidst-taxscan.jpg "Extension of Import Restrictions by Dept amidst Suffering Detention and Demurrage Charges: CESTAT reduces Redemption Fine and Penalty to Rs. 25 Lakhs [Read Order]")
Assessee Deposited Cash from Earlier Withdrawals: ITAT quashes Rs. 9.84 Lakh Income Additions [Read Order]
In a recent decision, the Income Tax Appellate Tribunal ( ITAT ) in Bangalore provided relief to a Canara Bank employee and national hockey player, by setting aside income additions totaling Rs. 9.84...
![Assessee Deposited Cash from Earlier Withdrawals: ITAT quashes Rs. 9.84 Lakh Income Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Bangalore-Income-Tax-Income-Additions-Cash-Deposit-ITAT-quashes-Income-Additions-Taxscan.jpg "Assessee Deposited Cash from Earlier Withdrawals: ITAT quashes Rs. 9.84 Lakh Income Additions [Read Order]")
No Misreporting in PF and Cess Deduction Claims Made in Good Faith: ITAT quashes 84 Lakhs S.270 Penalty under Income Tax [Read Order]
Recently in a ruling the Income Tax Appellate Tribunal (ITAT) Bangalore quashed an ₹84 lakh penalty imposed on a company for under-reporting income under the Income Tax Act 1961 (ITA), specifically...
![No Misreporting in PF and Cess Deduction Claims Made in Good Faith: ITAT quashes 84 Lakhs S.270 Penalty under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Misreporting-PF-Cess-Deduction-Claims-ITAT-Penalty-Income-Tax-taxscan.jpeg "No Misreporting in PF and Cess Deduction Claims Made in Good Faith: ITAT quashes 84 Lakhs S.270 Penalty under Income Tax [Read Order]")