![Telecom towers & PBFs are goods & qualify as Inputs under Rule 2(k): CESTAT allows Vodafone Idea to avail CENVAT Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Telecom-towers-PBFs-goods-qualify-Inputs-under-Rule-CESTAT-Vodafone-Idea-CENVAT-Credit-taxscan.jpg "Telecom towers & PBFs are goods & qualify as Inputs under Rule 2(k): CESTAT allows Vodafone Idea to avail CENVAT Credit [Read Order]")
Telecom towers & PBFs are 'goods' & qualify as Inputs under Rule 2(k): CESTAT allows Vodafone Idea to avail CENVAT Credit [Read Order]
The Allahabad bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) allowed Vodafone Idea to avail CENVAT credit on telecom...
![Refund of Unutilized GST ITC: Gujarat HC upholds Priorly Granted Refund u/s.54(3) to Patanjali Foods [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Refund-Unutilized-GST-ITC-Gujarat-HC-Priorly-Granted-Refund-Patanjali-Foods-taxscan.webp "Refund of Unutilized GST ITC: Gujarat HC upholds Priorly Granted Refund u/s.54(3) to Patanjali Foods [Read Order]")
![Capitalized R&D expenditure can be claimed u/s 35(1)(iv) if disallowed u/s 35(2AB): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Capitalized-RD-expenditure-RD-expenditure-claimed-Section-351iv-disallowed-Section-352AB-disallowed-ITAT-taxscan.jpg "Capitalized R&D expenditure can be claimed u/s 35(1)(iv) if disallowed u/s 35(2AB): ITAT [Read Order]")
![Penalty u/s 271(1)(c) Unjustified on Ad-Hoc Estimated Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/TAT-ITAT-Mumbai-Penalty-Estimated-Income-Taxscan.jpg "Penalty u/s 271(1)(c) Unjustified on Ad-Hoc Estimated Income: ITAT [Read Order]")
![Income Tax Dept. Cannot Reopen Old Assessments Using Future Amendment Banning Goodwill Depreciation: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Income-Tax-Department-Old-Assessments-Amendment-Banning-Goodwill-Depreciation-Gujarat-HC-taxscan.jpg "Income Tax Dept. Cannot Reopen Old Assessments Using Future Amendment Banning Goodwill Depreciation: Gujarat HC [Read Order]")
Unexplained Loans of Rs. 4.28 Crore: ITAT upholds CIT(A) Decision to delete Addition [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income tax(Appeals)[CIT(A)]'s decision to delete the Rs. 4.28 crore addition under section 68 of Income Tax Act,1961...
![Unexplained Loans of Rs. 4.28 Crore: ITAT upholds CIT(A) Decision to delete Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Unexplained-Loans-Loan-ITAT-ITAT-Upholds-CITA-Decision-CITA-Delete-Addition-CITA-Decision-to-Delete-Addition-taxscan.jpg "Unexplained Loans of Rs. 4.28 Crore: ITAT upholds CIT(A) Decision to delete Addition [Read Order]")
Filing ITR after Due Date still Constitutes Offence u/s 276CC, Even before Prosecution: Supreme Court [Read Judgement]
The Supreme Court has ruled that filing an Income Tax Return ( ITR ) after the due date but before prosecution does not eliminate liability for offenses under Section 276CC of the Income Tax Act,...
![Filing ITR after Due Date still Constitutes Offence u/s 276CC, Even before Prosecution: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/02/Supreme-Court-ITR-Filing-ITR-ITR-filing-after-due-date-Section-276CC-of-Income-Tax-Act-TAXSCAN.jpg "Filing ITR after Due Date still Constitutes Offence u/s 276CC, Even before Prosecution: Supreme Court [Read Judgement]")
![DGGI can Transfer Adjudication of SCN in GST Evasion: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/DGGI-Gujarat-High-Court-Transfer-Adjudication-SCN-in-GST-Evasion-Taxscan-1.jpg "DGGI can Transfer Adjudication of SCN in GST Evasion: Gujarat HC [Read Order]")
![Reassessment Invalid Due to Lack of Material Disclosure: ITAT Quashes AO’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Bangalore-Reassessment-Income-Tax-Taxscan.jpg "Reassessment Invalid Due to Lack of Material Disclosure: ITAT Quashes AO’s Order [Read Order]")
ITAT estimates Cheque Discounter’s Taxable Income at 10% of Cash and Other Credit due to Possible Revenue Leakage [Read Order]
In a notable ruling, the Surat Bench of the Income Tax Appellate Tribunal (ITAT) proceeded to estimate the taxable income of a cheque discounter at 10% of the cash and other credit amount disputed by...
![ITAT estimates Cheque Discounter’s Taxable Income at 10% of Cash and Other Credit due to Possible Revenue Leakage [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-estimates-Cheque-Discounters-Taxable-Income-Income-Cash-and-Other-Credit-Credit-due-Revenue-Leakage-taxscan.jpg "ITAT estimates Cheque Discounter’s Taxable Income at 10% of Cash and Other Credit due to Possible Revenue Leakage [Read Order]")
Cenvat Credit Can Be Utilised for Payment of Duty in Case of Delayed Excise Duty: CESTAT [Read Order]
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that cenvat credit can be utilised for payment of duty in case of delayed excise duty and directed the excise...
![Cenvat Credit Can Be Utilised for Payment of Duty in Case of Delayed Excise Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CESTAT-CESTAT-Delhi-Cenvat-Credit-Excise-Duty-Delayed-Excise-Duty-Taxscan.jpg "Cenvat Credit Can Be Utilised for Payment of Duty in Case of Delayed Excise Duty: CESTAT [Read Order]")
