This weekly round-up analytically summarises the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from September 23 to September 29, 2023. Confiscation of Goods of Perishable Nature under

The High Court of Calcutta has set aside an income tax reassessment order under Section 147(under the Old unamended Act) of the Income Tax Act, 1961 relating to assessment year 2017-18 on the ground of

The Chandigarh bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that Saraswati Knitwear Pvt Ltd (the Appellant) is not entitled to receive interest on excess duty paid to the Commissioner of Customs,

The Kerala High Court directed re-adjudication in the matter of blocking electronic credit ledger without granting the opportunity of hearing. The present writ petition has been filed by the petitioner, M/s MJ Gold, impugning the

The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that the Commission of Income Tax (Appeals) [CIT(A)] adopted the entire salary instead of considering the Basic & DA while computing the benefit under Section

On Friday, the government increased the special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne, starting from September 30. In the previous review on September 15, a windfall tax of Rs

The e-Invoicing Portal has been updated with a new set of Frequently Asked Questions (FAQs) on e-invoicing and e-way bills. The following questions are answered in the FAQs: – Whether e-Invoice is required for Export

The Delhi High Court directed to process refund as Input Tax Credit (ITC) refund was filed within the time prescribed under Section 54(1) of the Central Goods and Service Tax Act, 2017. The petitioner, Mahalaxmi

In Budget 2023, significant alterations were announced regarding the Tax Collection at Source (TCS) system for payments made under the Liberalised Remittance Scheme (LRS) and on overseas tour program packages including a 20% Tax Collection

This weekly summary analyses the stories related to the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) that have been published at Taxscan.in. during the previous week from September 23 to September 29 2023. Honey

The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed service tax demand and observed that the sale of customized software on CD as part of the Distributed Control Systems (DCS)

This Round-Up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during  September 23 to September 29, 2023. ITAT deletes Impugned Penalty on grounds of there being Sufficient

The Delhi High Court directed the Assessing Officer (AO) to furnish relevant material to support allegation in the matter of the availment of fictitious loan of Rs 40 lakhs. The principal allegation which is levelled

The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that Conversion of loan amount into equity shares will not exonerate assessee from application of provisions under section 56(2)(viib)b of the Income Tax Act.

The Directorate General of Foreign Trade (DGFT) vide Case No – AD(OI) – 14/2023 issued on 29th September 2023 has notified the Anti-Dumping Investigation on Imports of Epichlorohydrin from Korea RP, Thailand and China PR.