Solony Padhi
![GST Not Includible in Presumptive Income u/s 44B: ITAT Deletes Addition on Shipping Company [Read Order]](https://images.taxscan.in/h-upload/2026/03/25/2130190-gst-not-includible-in-presumptive-income.webp "GST Not Includible in Presumptive Income u/s 44B: ITAT Deletes Addition on Shipping Company [Read Order]")
GST Not Includible in Presumptive Income u/s 44B: ITAT Deletes Addition on Shipping Company [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench Mumbai has held that the Goods and Services Tax (GST) collected by a non resident shipping company...
![SC Rejects Recall Plea Against SLP Order, Upholds Subsequent OTS & CIRP Withdrawal Cannot Reopen Concluded Proceedings [Read Judgement]](https://images.taxscan.in/h-upload/2026/03/25/2130183-sc-rejects-recall-plea-against-slp-order-upholds-subsequent-ots.webp "SC Rejects Recall Plea Against SLP Order, Upholds Subsequent OTS & CIRP Withdrawal Cannot Reopen Concluded Proceedings [Read Judgement]")
![Temporary Relief by Bank Cannot Nullify Default: NCLT Upholds ₹95.31 Cr CIRP Application Against Corporate Debtor [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129936-temporary-relief-by-bank-cannot-nullify-default-nclt-upholds-cirp-application-against-corporate-debtor.webp "Temporary Relief by Bank Cannot Nullify Default: NCLT Upholds ₹95.31 Cr CIRP Application Against Corporate Debtor [Read Order]")
![Service Tax Demand On BCCI Subsidies Unsustainable: CESTAT Sets Aside ₹33.5 Cr Demand against Cricket Association [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129940-cestat-sets-aside-335-cr-demand-against-cricket-associationjpg.webp "Service Tax Demand On BCCI Subsidies Unsustainable: CESTAT Sets Aside ₹33.5 Cr Demand against Cricket Association [Read Order]")
![NCLT Upholds Limitation Based on OTS and Financial Statements, Initiates CIRP In ₹45 Cr Default against Corporate Guarantor [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129929-nclt-upholds-limitation-based-on-ots-and-financial-statementsjpg.webp "NCLT Upholds Limitation Based on OTS and Financial Statements, Initiates CIRP In ₹45 Cr Default against Corporate Guarantor [Read Order]")
![Unexplained Delay Of 600 Days Not Justified: SC Dismisses SLP Against Mphasis Ltd [Read Judgement]](https://images.taxscan.in/h-upload/2026/03/23/2129935-supreme-court-slp-sc-dismisses-slp-mphasis-case-600-days-delay-slp-mphasis-case-sc-taxscan.webp "Unexplained Delay Of 600 Days Not Justified: SC Dismisses SLP Against Mphasis Ltd [Read Judgement]")
Service Tax On Ancillary Services to Power Distribution Unsustainable: CESTAT Set Aside ₹25.33 Cr Demand Against NESCO Utility [Read Order]
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Eastern Zonal Bench has set aside the demand of ₹25.33 Crores and held that ancillary services for the distribution of electricity...
![Service Tax On Ancillary Services to Power Distribution Unsustainable: CESTAT Set Aside ₹25.33 Cr Demand Against NESCO Utility [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129925-service-tax-ancillary-services-power-distribution-unsustainable-taxscan-.webp "Service Tax On Ancillary Services to Power Distribution Unsustainable: CESTAT Set Aside ₹25.33 Cr Demand Against NESCO Utility [Read Order]")
CESTAT Allows CENVAT Credit On CVD, SAD Paid via DEPB Scrips, Quashes Duty Demand Against Asian Peroxides [Read Order]
The Customs, Excise and Service Tax AppellateTribunal [CESTAT] Hyderabad Bench has held that the CENVAT credit is allowed for Countervailing Duty (CVD) and Special Additional Duty (SAD) even when the...
![CESTAT Allows CENVAT Credit On CVD, SAD Paid via DEPB Scrips, Quashes Duty Demand Against Asian Peroxides [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129922-cestat-allows-cenvat-credit-on-cvd-sadjpg.webp "CESTAT Allows CENVAT Credit On CVD, SAD Paid via DEPB Scrips, Quashes Duty Demand Against Asian Peroxides [Read Order]")
Addition on Share Capital Unsustainable In Absence Of Incriminating Material: ITAT Deletes ₹9.99 Cr Addition u/s 68 [Read Order]
The Income Tax Appellate Tribunal Chennai Bench, has held that no addition can be made under Section 68 of the Income Tax Act 1961 in the absence of incriminating material found during search ...
![Addition on Share Capital Unsustainable In Absence Of Incriminating Material: ITAT Deletes ₹9.99 Cr Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129917-addition-share-capital-unsustainable-absence-incriminating-material-taxscan-.webp "Addition on Share Capital Unsustainable In Absence Of Incriminating Material: ITAT Deletes ₹9.99 Cr Addition u/s 68 [Read Order]")
Classification Dispute of CCTV Installation as Works Contract u/s 2 GST Act: Delhi HC Directs to Avail Appellate Remedy [Read Order]
The Delhi High Court has refused to entertain a writ petition in a classification dispute pertaining to the classification of CCTV installation services, holding the assessee to avail the remedy...
![Classification Dispute of CCTV Installation as Works Contract u/s 2 GST Act: Delhi HC Directs to Avail Appellate Remedy [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129921-cctvjpg.webp "Classification Dispute of CCTV Installation as Works Contract u/s 2 GST Act: Delhi HC Directs to Avail Appellate Remedy [Read Order]")
No Income Tax Addition u/s 68 Based On Mistaken Identity and Third Party Confirmation: ITAT Sets Aside ₹20 L Addition Against Finance Co. [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench recently held that an addition based upon a third party confirmation in a case of mistaken identity cannot be sustained and proceeded to delete...
![No Income Tax Addition u/s 68 Based On Mistaken Identity and Third Party Confirmation: ITAT Sets Aside ₹20 L Addition Against Finance Co. [Read Order]](https://images.taxscan.in/h-upload/2026/03/20/2129739-itat-mumbai-income-tax-addition-third-party-confirmation-itat-deletes-addition-income-tax-addition-case-taxscan.webp "No Income Tax Addition u/s 68 Based On Mistaken Identity and Third Party Confirmation: ITAT Sets Aside ₹20 L Addition Against Finance Co. [Read Order]")