![Paying Penalty for Willful Delay in Filing ITR does not Exempt Taxpayer from Prosecution: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Paying-Penalty-for-Willful-Delay-Penalty-Willful-Delay-in-Filing-ITR-Exempt-Taxpayer-Taxpayer-from-Prosecution-Karnataka-HC-taxscan.jpg "Paying Penalty for Willful Delay in Filing ITR does not Exempt Taxpayer from Prosecution: Karnataka HC [Read Order]")
Paying Penalty for Willful Delay in Filing ITR does not Exempt Taxpayer from Prosecution: Karnataka HC [Read Order]
In a recent ruling, the Karnataka High Court ruled that merely paying a penalty for delayed filing of Income Tax Returns (ITR) does not exempt a...
![Recording of satisfaction u/s 271E insufficient for Income Tax Penalty proceedings u/s 271D: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Rajasthan-High-Court-Penalty-Income-Tax-taxscan.jpg "Recording of satisfaction u/s 271E insufficient for Income Tax Penalty proceedings u/s 271D: Rajasthan HC [Read Order]")
![No Service Tax on WCS provided to Airport and Non Commercial Governmental Authority: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/No-Service-Tax-Airport-CESTAT-Ruling-Exemption-Taxability-Non-commercial-Governmental-Authority-CESTAT-non-commercial-TAXSCAN.jpg "No Service Tax on WCS provided to Airport and Non Commercial Governmental Authority: CESTAT [Read Order]")
Revenue Cannot Deny CENVAT Credit After Accepting Service Tax Payment from Provider: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that Cenvat credit cannot be denied at the recipient’s end when service tax has been paid and accepted at...
![Revenue Cannot Deny CENVAT Credit After Accepting Service Tax Payment from Provider: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Revenue-Revenue-Cannot-Deny-CENVAT-Credit-Accepting-Service-Tax-Payment-Service-Tax-Payment-Service-Tax-CESTAT-taxscan.jpg "Revenue Cannot Deny CENVAT Credit After Accepting Service Tax Payment from Provider: CESTAT [Read Order]")
No Penalty under Customs Act When Goods Transshipped from Aircrafts and Vessels traversed after fastening Duty: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise And Service Tax Appellate Tribunal (CESTAT) has held that penalty is not payable under Customs Act, 1962 when goods transshipped from aircrafts and vessels...
![No Penalty under Customs Act When Goods Transshipped from Aircrafts and Vessels traversed after fastening Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/No-Penalty-under-Customs-Act-vessels-traversed-CESTAT-Mumbai-aircrafts-and-vessels-traversed-CESTAT-section-111-Customs-Customs-Excise-And-Service-Tax-Appellate-Tribunal-Taxscan-.jpg "No Penalty under Customs Act When Goods Transshipped from Aircrafts and Vessels traversed after fastening Duty: CESTAT [Read Order]")
Bogus Purchases Claim on Rs. 94.3 Crore: ITAT Upholds CIT(A) Relief Based on Supporting Evidence [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]’s decision, dismissing the Revenue’s appeal against the deletion of a ₹94.3 crore...
![Bogus Purchases Claim on Rs. 94.3 Crore: ITAT Upholds CIT(A) Relief Based on Supporting Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Bogus-Purchases-Bogus-Purchases-Claim-ITAT-ITAT-Upholds-CITA-CITA-Relief-Supporting-Evidence-CITA-Relief-Based-on-Supporting-Evidence-taxscan.jpg "Bogus Purchases Claim on Rs. 94.3 Crore: ITAT Upholds CIT(A) Relief Based on Supporting Evidence [Read Order]")
![No Bar to Creditors in Enforcing Personal Guarantees signed on behalf by trust: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Legal-enforcement-of-personal-guarantee-taxscan.jpg "No Bar to Creditors in Enforcing Personal Guarantees signed on behalf by trust: NCLAT [Read Order]")
Kerala SGST Dept Notifies: E-Way Bill Mandatory for Intra State Movement of Gold and Precious Stones [Read Circular]
The Commissioner of State Goods and Services Tax Department (SGST) through the trade Circular No. 1/2025-Kerala GST has announced that e way bill is manadatory for intra state movement of gold and...
![Kerala SGST Dept Notifies: E-Way Bill Mandatory for Intra State Movement of Gold and Precious Stones [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/02/Kerala-SGST-E-way-Bill-Gold-and-Precious-Stones-Taxscan.jpg "Kerala SGST Dept Notifies: E-Way Bill Mandatory for Intra State Movement of Gold and Precious Stones [Read Circular]")
![ITAT Weekly Round-Up [Jan 25-Jan 31,2025]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-WEEKLY-ROUND-UP-WEEKLY-ROUND-UP-ITAT-taxscan.jpg "ITAT Weekly Round-Up [Jan 25-Jan 31,2025]")
![CESTAT Weekly Round-Up [Jan 27 to Jan 30, 2025]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-WEEKLY-Round-Up-CESTAT-Weekly-Round-Up-CESTAT-Weekly-Round-Up-2025-Weekly-Round-Up-2025-taxscan.jpg "CESTAT Weekly Round-Up [Jan 27 to Jan 30, 2025]")