The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that since the Assessing Officer (AO) himself has accepted the higher claim of 15% in Assessment Year 2014-15, thus allowed of claim of higher depreciation

The Ahmedabad bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that upgrading existing plants can be considered Input Services under Cenvat Credit Rules, 2004 (CCR) and allowed appeal by General Motors Pvt

The Chandigarh bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the appeal by Niterra India Private Limited, formerly known as NGK Spark Plugs Pvt. Ltd (the Appellant) against the order by The

The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that service tax is demand not leviable on unauthenticated data as there was failure in the part of Investigating Officers to

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that cenvat credit is allowable on inputs used for fabrication of capital goods for plant and machinery. The issue involved in

The Income Tax Appellate Tribunal (ITAT ) Mumbai bench directed readjudication in respect of deletion of addition made towards the High Sea sales by the CIT(A) without giving proper reason. Assessee, Villa Mode Exports (India)

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the compensation received by Echjay Industries on account of a defective product cannot be adjusted with the Written Down Value (WDV) of the

The Income Tax Appellate Tribunal (ITAT) Bangalore bench held that disallowance under Section 36(1)(iii) Income Tax Act, 1961 should not be made towards interest paid to the IDFC for loans taken to construct hostels for

The Income Tax Appellate Tribunal (ITAT) Bangalore bench, while directing readjudication in respect of exempt income observed that disallowance under Rule 8D(2)(iii) of the Income Tax Rules should be made on basis of average value

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) while granting relief to the Central Bank of India, held that the disallowance of expenditure under Section 14a of the Income Tax Act, 1961 cannot

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the “Other method” as per Rule 10AB shall be the most appropriate method for determining the arm’s length price of royalty transactions. The

The Income Tax Appellate Tribunal (ITAT) Delhi bench held that no addition should be made if the assessee has sufficient interest free fund to provide interest free loans. Therefore the bench dismissed the revenue's appeal. Assessee

The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) held that if the income, the escapement of which was the basis of the formation of the reason to believe, is not assessed or reassessed, it

The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that no addition should be made under Section 44ADA of the Income Tax Act, 1961 towards the income earned from the business of consultancy service. The assessee

The Income Tax Appellate Tribunal (ITAT) Delhi bench held that no addition should be made if the assessee has sufficient interest free fund to provide interest free loans. Therefore the bench dismissed the revenue's appeal.