![Charge on Undervaluation of Imported Goods is not Valid as Dept Fails to Produce Corroborative Evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Charge-Undervaluation-of-Imported-Goods-Imported-Goods-Corroborative-Evidence-CESTAT-taxscan.jpg "Charge on Undervaluation of Imported Goods is not Valid as Dept Fails to Produce Corroborative Evidence: CESTAT [Read Order]")
Charge on Undervaluation of Imported Goods is not Valid as Dept Fails to Produce Corroborative Evidence: CESTAT [Read Order]
The Mumbai bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that charge on under valuation of imported goods is...
![High Court in its Writ Jurisdiction cannot act as AO to Scrutinise Facts and Evidences: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/High-Court-in-its-Writ-Jurisdiction-High-Court-Writ-Jurisdiction-AO-Scrutinise-Facts-and-Evidences-Scrutinise-Facts-Evidences-Calcutta-High-Court-taxscan.jpg "High Court in its Writ Jurisdiction cannot act as AO to Scrutinise Facts and Evidences: Calcutta HC [Read Order]")
![Extended Period of Limitation cannot be Invoked unless there is Evidence of Fraud or Collusion or Wilful Misstatement: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Extended-Period-of-Limitation-Extended-Period-Evidence-of-Fraud-Evidence-Fraud-Collusion-Wilful-Misstatement-Misstatement-CESTAT-Taxscan.jpg "Extended Period of Limitation cannot be Invoked unless there is Evidence of Fraud or Collusion or Wilful Misstatement: CESTAT [Read Order]")
![Surrendered Income will be treated as Income from Medical Profession unless there is clear Evidence to the contrary: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Surrendered-Income-Income-from-Medical-Profession-Evidence-to-the-contrary-Evidence-ITAT-taxscan.jpg "Surrendered Income will be treated as Income from Medical Profession unless there is clear Evidence to the contrary: ITAT [Read Order]")
![Trial Court should decide GST Fraud case on Evidence Uninfluenced by Observations in Bail Order: Punjab and Haryana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Trial-Court-GST-Fraud-case-GST-Fraud-GST-Evidence-Uninfluenced-by-Observations-in-Bail-Order-Evidence-Bail-Order-Bail-Evidence-Uninfluenced-Punjab-and-Haryana-High-Court-Taxscan.jpg "Trial Court should decide GST Fraud case on Evidence Uninfluenced by Observations in Bail Order: Punjab and Haryana HC [Read Order]")
Addition u/s 69 of Income Tax Act shall not be made on basis of ledger account seized from third party on absence of clinching Evidence of Cash Payments towards Purchase of Flat: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Lucknow bench held that addition under Section 69 of Income Tax Act should not be made on the basis of a ledger account seized from the third party in...
![Addition u/s 69 of Income Tax Act shall not be made on basis of ledger account seized from third party on absence of clinching Evidence of Cash Payments towards Purchase of Flat: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Act-shall-not-be-made-on-basis-of-ledger-account-seized-from-third-party-absence-of-clinching-evidence-of-Cash-Payments-towards-purchase-of-Flat-ITAT-TAXSCAN.jpg "Addition u/s 69 of Income Tax Act shall not be made on basis of ledger account seized from third party on absence of clinching Evidence of Cash Payments towards Purchase of Flat: ITAT [Read Order]")
ITAT allows 10% of Cash Deposits as Taxable Income in Absence of Evidence of Source u/s 69A of IT Act [Read Order]
The Rajkot bench of the Income Tax Appellate Tribunal (ITAT) has allowed only 10% of the cash deposits made by an assessee as taxable income, citing a lack of evidence of the source of the deposits...
![ITAT allows 10% of Cash Deposits as Taxable Income in Absence of Evidence of Source u/s 69A of IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Cash-Deposits-Taxable-Income-Absence-Evidence-Source-IT-Act-TAXSCAN.jpg "ITAT allows 10% of Cash Deposits as Taxable Income in Absence of Evidence of Source u/s 69A of IT Act [Read Order]")
No Justification for Further Pre-Trial Incarceration: Punjab and Haryana HC Grants Bail in 4.61 crores Revenue Fraud Case [Read Order]
The Punjab and Haryana High Court granted bail in 4.61 crores revenue fraud case as there is no justification for further pre-trial incarceration The petitioner, Birender Singh, incarcerated in...
CIT(A) passed Order not on Merits: ITAT Directs Re-Adjudication taking Cognizance of Evidences [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has directed re-adjudication taking cognizance of evidence as the Commissioner of Income Tax Appeals (CIT(A)) passed order not on merits. ...
![CIT(A) passed Order not on Merits: ITAT Directs Re-Adjudication taking Cognizance of Evidences [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/CITA-Order-Merits-ITAT-Re-Adjudication-ITAT-Directs-Re-Adjudication-Cognizance-of-Evidences-Cognizance-ITAT-Directs-Re-Adjudication-taking-Cognizance-of-Evidences-Taxscan.jpg "CIT(A) passed Order not on Merits: ITAT Directs Re-Adjudication taking Cognizance of Evidences [Read Order]")
Profiteering of JKG Palm Court Project Corroborated by Evidence from UP RERA website: CCI Clears Anti- Profiteering Charges against JKG Constructions
The Competition Commission of India (CCI), cleared profiteering charges against M/s JKG Construction Pvt Ltd, as profiteering of JKG Palm Court Project corroborated by evidence from UP Real Estate...
Failure to Furnish Material Evidence of Rs. 1 crore Gift Received on Marriage: ITAT sustains addition of Partial Amount as Unexplained Money [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) sustainedthe addition of partial amount of Rs. 1 crore as unexplained money under Section 69A of the Income Tax Act, 1961. The tribunal...
![Failure to Furnish Material Evidence of Rs. 1 crore Gift Received on Marriage: ITAT sustains addition of Partial Amount as Unexplained Money [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-Furnish-Material-Evidence-Gift-Received-Marriage-ITAT-Partial-Unexplained-Money-taxscan.jpg "Failure to Furnish Material Evidence of Rs. 1 crore Gift Received on Marriage: ITAT sustains addition of Partial Amount as Unexplained Money [Read Order]")
Relief to Asian Plywood Industries: CESTAT Quashes Demand of Customs Duty of Approx. 2.5 Crores for Clandestine Removal of Goods on Ground of Absence of Corroborative Evidence [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the demand of Customs Duty of approximately 2.5 crores for the clandestine removal of goods on the ground...
![Relief to Asian Plywood Industries: CESTAT Quashes Demand of Customs Duty of Approx. 2.5 Crores for Clandestine Removal of Goods on Ground of Absence of Corroborative Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Relief-Asian-Plywood-Industries-Relief-to-Asian-Plywood-Industries-CESTAT-CESTAT-Quashes-Demand-of-Customs-Duty-taxscan.jpg "Relief to Asian Plywood Industries: CESTAT Quashes Demand of Customs Duty of Approx. 2.5 Crores for Clandestine Removal of Goods on Ground of Absence of Corroborative Evidence [Read Order]")