No Reasonable Cause for Delay in filing Appeal: ITAT Refuses to Condone Huge Delay of 3047 based on Vague Reasons [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal ( ITAT ) has refused to condone the huge delay of 3047 days based on vague reasons and on the ground of absence of reasonable cause for
CBDT directs dispose of Pending Appeals for more than 5 years by March 31st 2020 [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has directed to communicate that all the CsIT(A) in respective regions be directed that all such pending appeals for more than 5 years as on 1st
Delay Beyond Assessee’s Control in E-verification/Filing Belated Return: ITAT deletes Penalty Levied u/s 271F [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, while deleting a penalty levied under Section 271F, on account of a delay in E-verification/ filing belated return due
Addition u/s 69C cannot be Imposed on Trading in Scrips on Account of Share Price Movement: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, held that an addition under Section 69C of the Income Tax Act cannot be imposed on trading in scrips,
Order u/s 143(3) Passed by AO, without Issuing Mandatory Notice u/s 143(2): ITAT Quashes Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has recently, in an appeal filed before it, quashed an order passed u/s 143(3) by the AO, as the same was passed without issuing the mandatory notice
Odisha Govt Clarifies Procedure on Manual Filing of Appeal Applications at FAA under Odisha GST Act [Read Notification]
The Odisha Commissionerate of CT and Goods and Services Tax ( GST ), Ministry of Finance has released a notification, clarifying the procedure on manual filing of appeal applications at the first appellate authority as
Appeal filed after 4 Years cannot be Condoned without Valid Reason: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that Appeal filed after four years could not be condoned without valid reason. Assessee Hrishikesh Mega Township (P) Limited filed the appeal before the
Pendency of Appeal before Appellate Authority: Kerala HC refuses to Stay Demand of Pre-Deposit [Read Order]
In these writ appeals, the appellants are aggrieved by the identical orders passed by the 1st respondent to remit 20% of the demand as a condition for treating them as persons not in Default. Both
Form 67 Submitted before Conclusion of Assessment: ITAT Allows Relief of Withholding Tax Credit in Tanzania against Tax Liability arising in India [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has recently, in an appeal filed before it, allowed relief of withholding tax credit in Tanzania against tax liability arising in India, on form 67 being submitted
Kerala HC Directs to Dispose Customs Appeal Within 4 Months [Read Order]
The Kerala High Court  directed the respondent to dispose of the customs appeal within 4 months as the Commissioner (Appeals)was already directed to dispose of the appeal instituted by the petitioner against the order in
Income Tax Department withdraws 1,072 Appeals from High Court, ITAT
The Income Tax Department of Tamil Nadu and Puducherry has withdrawn 1,072 appeal cases from Madras High Court and Income Tax Appellate Tribunals (ITAT). The CBDT had issued a Circular raising the threshold of filing
No Reversal of Cenvat Credit of Service Tax done on Already Paid Tax even if Activity does not Amount to Manufacture: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that no reversal of CENVAT Credit of service tax can be done on already paid duty or tax which was not
Date of Allotment Letter is Relevant for Determining FMV of Asset /flat: ITAT allows Assessee’s Appeal [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that the extent that the date of allotment letter is relevant for determining FMV of asset/flat. The assessee Imran Mohamed Ali Kapadia along with his
Suspension of CIRP u/s 10A of IBC applies to Due Defaulted on 31/3/2020: NCLAT allows Appeal [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal( NCLAT ) held that the Suspension of Corporate Insolvency Resolution Process (CIRP) under section 10A of The Insolvency And Bankruptcy Code, 2016 (IBC) applies to
Relief to Asianet: CESTAT quashes Order of Classification of ‘Line Extender’ under category of Broadcast Signal Amplifier on ground of Incorrect Classification [Read Order]
The Bangalore bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the order of classification of line extender under the category of broadcast signal amplifier on the ground of wrong classification.  Asianet