Re-computation of Capital Gains on Sale of Shares of Subsidiary Company by Revising Genuine Sale Consideration : ITAT dismisses Appeal
The Mumbai bench of Income Tax Appellate Tribunal (ITAT), while dismissing the appeal filed by the revenue held that re computation of capital gains...
![Failure of Assessee to Maintain Books of Account will not Attract a Penalty under Section 271B for Non-Furnishing of Audit Report: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Failure-of-Assessee-to-Maintain-Books-of-Account-Books-of-Account-Assessee-Penalty-Non-Furnishing-of-Audit-Report-Audit-Report-ITAT-Taxscan.jpg "Failure of Assessee to Maintain Books of Account will not Attract a Penalty under Section 271B for Non-Furnishing of Audit Report: ITAT [Read Order]")
![NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/NFAC-Deductions-Claim-Appeal-Revised-Return-ITAT-Income-Tax-Tax-taxscan.jpg "NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]")
![All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Cash-Deposits-in-Saving-Account-Saving-Account-Cash-Deposits-Income-of-Assessee-ITAT-Appeal-taxscan.jpg "All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]")
![Relief to Abu-Dhabi Commercial Bank: Bombay HC allows withdrawal of appeal on disputed Income Tax claim being valued at “Nil” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Abu-Dhabi-Commercial-Bank-Commercial-Bank-Bombay-High-Court-withdrawal-appeal-Income-Tax-claim-Taxscan.jpg "Relief to Abu-Dhabi Commercial Bank: Bombay HC allows withdrawal of appeal on disputed Income Tax claim being valued at “Nil” [Read Order]")
Delay beyond 15 days is Uncondonable as per Statutory Provisions; so as Delay of 45 days: NCLAT Delhi Dismisses Appeal
The Delhi National Company Law Appellate Tribunal (NCLAT) while dismissing the appeal held that delay beyond 15 days is uncondonable as per statutory provisions so no scope for condonation of delay...
Provisional Attachment: Calcutta HC dismisses Writ Petition, on Pending Appeal u/s 25 of PMLA [Read Order]
The Calcutta High Court dismissed the writ petition filed by the petitioner, on pending appeal under Section 25 of the Prevention of Money Laundering Act, 2002 ( PMLA ) in relation to provisional...
Excise Appeal filed beyond time limit prescribed under Section 85 (3) not maintainable: CESTAT [Read Order]
The Kolkata Bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that the excise appeal filed beyond the time limit prescribed under Section 85 (3)of the Finance Act,...
![Excise Appeal filed beyond time limit prescribed under Section 85 (3) not maintainable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Excise-Appeal-Excise-Appeal-CESTAT-Customs-taxscan.jpg "Excise Appeal filed beyond time limit prescribed under Section 85 (3) not maintainable: CESTAT [Read Order]")
![Deficient Appeal Fee would result in Defective Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Deficient-Appeal-Fee-Defective-Appeal-ITAT-TAXSCAN.jpg "Deficient Appeal Fee would result in Defective Appeal: ITAT [Read Order]")
![Madras HC quashes Recovery of VAT Dues and Penalty during Pendency of Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Appeal-Madras-Highcourt-Recovery-of-VAT-Dues-VAT-Dues-Pendency-of-Appeal-taxscan.jpg "Madras HC quashes Recovery of VAT Dues and Penalty during Pendency of Appeal [Read Order]")
Modification of Excise Duty demand can’t be denied In absence of Appeal against Tribunal's order to Extend the cum-tax benefit: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) of Chennai Bench has held that modification of excise duty demand can’t be denied in the absence of appeal against Tribunal's order...
![Modification of Excise Duty demand can’t be denied In absence of Appeal against Tribunals order to Extend the cum-tax benefit: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Modification-of-Excise-Duty-demand-Excise-Duty-demand-Excise-Duty-Modification-Appeal-Appeal-against-Tribunals-order-cum-tax-benefit-CESTAT-Taxscan-.jpg "Modification of Excise Duty demand can’t be denied In absence of Appeal against Tribunals order to Extend the cum-tax benefit: CESTAT [Read Order]")