![No Additional Customs Duty on High Speed Diesel Importers under DEEC Scheme: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/No-Additional-Customs-Duty-Customs-Duty-High-Speed-Diesel-Importers-Diesel-Importers-CESTAT-DEEC-Scheme-taxscan.jpg "No Additional Customs Duty on High Speed Diesel Importers under DEEC Scheme: CESTAT [Read Order]")
No Additional Customs Duty on High Speed Diesel Importers under DEEC Scheme: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench recently granted relief to a High Speed Diesel Importer, affirming...
![Reopening of Assessment for unexplained Investment in Property: ITAT upholds Reopening [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Upholds-Reopening-Reopening-of-Assessment-Unexplained-Investment-ITAT-Upholds-Investment-in-Property-taxscan.jpg "Reopening of Assessment for unexplained Investment in Property: ITAT upholds Reopening [Read Order]")
ITAT Sets Aside CIT(A) Order, Directs NFAC to Resolve Appeal Alongside Pending Assessment Matter [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)set aside the order of the Commissioner of Income Tax (Appeals)[CIT(A)] and directed the National Faceless Appeal Centre (NFAC) to resolve...
![ITAT Sets Aside CIT(A) Order, Directs NFAC to Resolve Appeal Alongside Pending Assessment Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NFAC-bound-NFAC-CBDT-CBDT-Circular-ITAT-Taxscan.jpg "ITAT Sets Aside CIT(A) Order, Directs NFAC to Resolve Appeal Alongside Pending Assessment Matter [Read Order]")
ITAT Upholds CIT(A) Ruling on Unexplained Cash Credits Due to Acceptance of Genuineness in Remand Report [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)upheld the Commissioner of Income Tax Appeals[CIT(A)]'s ruling on unexplained cash credits, affirming the justified deletion of Rs....
![ITAT Upholds CIT(A) Ruling on Unexplained Cash Credits Due to Acceptance of Genuineness in Remand Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Upholds-Deletion-of-Additions-ITAT-Share-Application-Capital-Share-Capital-Unexplained-Cash-Credits-Income-Tax-Act-ITAT-Upholds-Deletion-Additions-Made-on-Account-of-Share-Application-Taxscan.jpg "ITAT Upholds CIT(A) Ruling on Unexplained Cash Credits Due to Acceptance of Genuineness in Remand Report [Read Order]")
Severance Compensation of Rs.15.5 Lakhs Deemed Capital Receipt, not Taxable u/s 17(3) of Income Tax Act: ITAT deletes AO Addition [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)ruled that the severance compensation of Rs. 15.5 lakhs received by the appellant-assessee was a capital receipt, not taxable under Section...
![Severance Compensation of Rs.15.5 Lakhs Deemed Capital Receipt, not Taxable u/s 17(3) of Income Tax Act: ITAT deletes AO Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Carbon-Credit-Receipt-is-Capital-Receipt-Carbon-Credit-Receipt-Capital-Receipt-ITAT-deletes-Income-Tax-Addition-ITAT-Income-Tax-Addition-Taxscan.jpg "Severance Compensation of Rs.15.5 Lakhs Deemed Capital Receipt, not Taxable u/s 17(3) of Income Tax Act: ITAT deletes AO Addition [Read Order]")
Relief to Afflatus Gravures: CESTAT upholds Service Tax Exemption for Essential Chrome Plating Process [Read Order]
In the recent ruling,the Ahmedabad bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) granted relief to Afflatus Gravures Pvt Ltd by upholding the Service Tax exemption for their...
![Relief to Afflatus Gravures: CESTAT upholds Service Tax Exemption for Essential Chrome Plating Process [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/site-imd-3.jpg "Relief to Afflatus Gravures: CESTAT upholds Service Tax Exemption for Essential Chrome Plating Process [Read Order]")
Software Project Abandoned with No Enduring Benefit, Expenses treated as Revenue in Nature: ITAT Deletes Addition [Read Order]
The two member bench of the Income Tax Appellate Tribunal (ITAT), Ahmedabad ruled that expenses incurred on a software project, which was ultimately abandoned and provided no enduring benefit, should...
![Software Project Abandoned with No Enduring Benefit, Expenses treated as Revenue in Nature: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Service-Tax-Leviable-Services-Nature-Software-Development-CESTAT-taxscan.jpeg "Software Project Abandoned with No Enduring Benefit, Expenses treated as Revenue in Nature: ITAT Deletes Addition [Read Order]")
No Opportunity of Hearing Required for Taxpayer when Case is Transferred between AO’s within Same City u/s 127 (3): ITAT dismisses Appeal [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) dismissed the appeal, ruling that no opportunity of hearing was required for the taxpayer when a case is transferred between Assessing...
![No Opportunity of Hearing Required for Taxpayer when Case is Transferred between AO’s within Same City u/s 127 (3): ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/WhatsApp-Image-2024-08-28-at-12.42.38_3dd72db0.jpg "No Opportunity of Hearing Required for Taxpayer when Case is Transferred between AO’s within Same City u/s 127 (3): ITAT dismisses Appeal [Read Order]")
Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) recently held in a case that interest income from fixed deposits can be set off against property maintenance expenses. The assessee/...
![Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Tax-Saver-Fixed-Deposit-Tax-Saver-Fixed-Deposit-Tax-Tax-Saving-Saving-Top-10-Tax-Saving-FDs-in-India-Taxscan.jpg "Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]")