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ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO's Reliance on Unverified STR Information [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of an addition of Rs. 11,73,52,801 made by the Assessing Officer...
![Relief to Axis Bank: ITAT Allows Deduction for Service Tax Expenses u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Axix-bank.jpg "Relief to Axis Bank: ITAT Allows Deduction for Service Tax Expenses u/s 37 [Read Order]")
Relief to Axis Bank: CESTAT Allows CENVAT Credit on Tax Paid on Premium Mandatorily Required for Functioning as Bank [Read Order]
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has granted Axis Bank CENVAT Credit on taxes paid on premiums that are necessary for banks to operate. M/s Axis...
![Relief to Axis Bank: CESTAT Allows CENVAT Credit on Tax Paid on Premium Mandatorily Required for Functioning as Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Axis-Bank-Insurance-Premium-Mandatory-Compliance-Regulatory-Requirement-Banking-Operations-Input-Services-Nexus-with-Output-Services-Judicial-Precedent-Financial-Institutions-CESTAT-Mumbai-taxscan.jpg "Relief to Axis Bank: CESTAT Allows CENVAT Credit on Tax Paid on Premium Mandatorily Required for Functioning as Bank [Read Order]")
![ITAT Weekly Round-Up [Jan 17-Jan 24,2025]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Weekly-Round-Up-Jan-17-Jan-242025-taxscan.jpg "ITAT Weekly Round-Up [Jan 17-Jan 24,2025]")
