Sandhra Suresh
![GST Demand Beyond SCN Scope Violates S. 75(7): Allahabad HC Quashes ₹3.04 Cr Demand Order [Read Order]](https://images.taxscan.in/h-upload/2025/11/11/500x300_2104106-gst-demand-scn-scope-violates-s-757-allahabad-hc-demand-order-taxscan.jfif "GST Demand Beyond SCN Scope Violates S. 75(7): Allahabad HC Quashes ₹3.04 Cr Demand Order [Read Order]")
GST Demand Beyond SCN Scope Violates S. 75(7): Allahabad HC Quashes ₹3.04 Cr Demand Order [Read Order]
In a recent ruling, the Lucknow Bench of the Allahabad High Court has quashed a GST demand order that exceeded the scope of the original show cause...
![Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105167-real-estate-income-itat-.webp "Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]")
![CESTAT Rules Reassessment of Copper Busbars Exceeded Jurisdiction: SC to Hear Customs Appeal [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104913-cestat-mumbai-customs-appeal-reassessment-taxscan.webp "CESTAT Rules Reassessment of Copper Busbars Exceeded Jurisdiction: SC to Hear Customs Appeal [Read Judgement]")
![CESTAT Rules Reliance’s Indonesian Steam Coal Imports Not Overvalued, Supreme Court to Hear Customs Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104835-cestat-cestat-rules-coal-imports-reliances-indonesian-supreme-court-taxscan.webp "CESTAT Rules Reliance’s Indonesian Steam Coal Imports Not Overvalued, Supreme Court to Hear Customs Appeal [Read Order]")
![ITAT Limits Non-TDS Interest Disallowance to 30% as per Finance Act 2014 Amendment [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104800-itat-tds-non-tds-interest-disallowance-finance-act-2014-taxscan.webp "ITAT Limits Non-TDS Interest Disallowance to 30% as per Finance Act 2014 Amendment [Read Order]")
Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai has dismissed both the revenue and assessee appeals, upholding the CIT(A)’s approval of exemptions claimed under Sections 54F and 54EC of the Income...
![Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104645-sole-beneficiary-assessee-ignored-itat-full-ltcg-ltcg-exemptions-and-full-ltcg-taxscan.webp "Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]")
![Estimated Interest on Interest-Free Advances Cannot Be Taxed Without Verification: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104807-estimated-interest-interest-free-advances-verification-itat-taxscan.webp "Estimated Interest on Interest-Free Advances Cannot Be Taxed Without Verification: ITAT [Read Order]")
Bombay HC Strikes Down EEZ Customs Seizure Without Notification: SC to Decide on Department’s Appeal [Read Order]
The Supreme Court is to hear the appeal of the customs department following the ruling of the Bombay High Court that the Commissioner of Customs lacked jurisdiction to seize an offshore rig located...
![Bombay HC Strikes Down EEZ Customs Seizure Without Notification: SC to Decide on Department’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104750-customs-seizure-taxscan.webp "Bombay HC Strikes Down EEZ Customs Seizure Without Notification: SC to Decide on Department’s Appeal [Read Order]")
Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has ruled that testing equipment received free of cost by AMD India Pvt. Ltd. from its Associated Enterprises (AEs) does not constitute a...
![Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104743-incometax-addition-taxscan1.webp "Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]")
Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted a ₹19.63 crore adjustment proposed by the Transfer Pricing Officer (TPO) against AMD India Pvt. Ltd., as comparables were...
![Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104741-amd-tp-case-taxscan.webp "Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]")
![ITAT Reduces Ad-hoc Expenses Addition to 10% of Turnover, Earlier Estimates Held High [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104490-itat-ad-hoc-expenses-estimates-held-high-itat-reduces-ad-hoc-expenses-taxscan.webp "ITAT Reduces Ad-hoc Expenses Addition to 10% of Turnover, Earlier Estimates Held High [Read Order]")
Assessee’s POCM Accounting Complies with ICAI Guidance Note for Real Estate Projects: ITAT Deletes ₹47.26 Crore Addition [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that revenue recognition under the Percentage of Completion Method (POCM) must adhere to the ICAI Guidance Note on Real...
![Assessee’s POCM Accounting Complies with ICAI Guidance Note for Real Estate Projects: ITAT Deletes ₹47.26 Crore Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104479-pocm-icai-real-estate-projects-itat-pocm-accounting-complies-taxscan.webp "Assessee’s POCM Accounting Complies with ICAI Guidance Note for Real Estate Projects: ITAT Deletes ₹47.26 Crore Addition [Read Order]")