![Procedural Incompliances in Trial: Sessions Court at Chennai sets aside Conviction under Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Procedural-Trial-Sessions-Court-Customs-Act-TAXSCAN.jpg "Procedural Incompliances in Trial: Sessions Court at Chennai sets aside Conviction under Customs Act [Read Order]")
Procedural Incompliances in Trial: Sessions Court at Chennai sets aside Conviction under Customs Act [Read Order]
The appellants / accused were convicted under Section 132 and 135(1)(a) of the Customs Act, 1962 read with Section 3(3) of the Foreign Trade...
![Habitual Default of Non-filing of Income Tax Returns despite having Taxable Income: ITAT Upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Habitual-Income-Tax-Returns-Taxable-Income-ITAT-Penalty-TAXSCAN.jpg "Habitual Default of Non-filing of Income Tax Returns despite having Taxable Income: ITAT Upholds Penalty [Read Order]")
![Commission Agent not obliged to get Account Audited, Penalty u/s 271 B not leviable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Commission-Agent-Account-Audited-Audit-Penalty-ITAT-Taxscan.jpg "Commission Agent not obliged to get Account Audited, Penalty u/s 271 B not leviable: ITAT [Read Order]")
![Madras HC quashes proceedings on Errors in order issued u/s 129(3) of Tamil Nadu-GST Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Madras-High-Court-GST-Act-GST-Taxscan.jpg "Madras HC quashes proceedings on Errors in order issued u/s 129(3) of Tamil Nadu-GST Act [Read Order]")
![Income Tax penalty levied u/s 271(1)(C) not attract as TDS already deducted under DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-penalty-Income-Tax-penalty-Tax-TDS-DTAA-Taxscan.jpg "Income Tax penalty levied u/s 271(1)(C) not attract as TDS already deducted under DTAA: ITAT [Read Order]")
Penalty u/s 114AC not leviable in Absence of Collusion, Wilful Misstatement, Suppression of Facts or even any Duty Liability: CESTAT [Read Order]
The Kolkata Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that penalty under section 114AC of the Excise Act is not leviable in absence of collusion, wilful...
![Penalty u/s 114AC not leviable in Absence of Collusion, Wilful Misstatement, Suppression of Facts or even any Duty Liability: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Penalty-leviable-in-Absence-of-Collusion-Wilful-Misstatement-Suppression-of-Facts-or-even-any-Duty-Liability-CESTAT-TAXSCAN.jpg "Penalty u/s 114AC not leviable in Absence of Collusion, Wilful Misstatement, Suppression of Facts or even any Duty Liability: CESTAT [Read Order]")
Cancellation of Income Tax Penalty automatically quashes Criminal Proceedings u/s 276: Allahabad HC [Read Order]
A Single Bench of Allahabad High Court has recently held that criminal proceedings arising out of orders of penalty will be quashed as soon as the penalty demand is quashed. The present...
![Cancellation of Income Tax Penalty automatically quashes Criminal Proceedings u/s 276: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Penalty-Income-Tax-Tax-Penalty-Criminal-Proceeding-Allahabad-High-Court-taxscan.jpg "Cancellation of Income Tax Penalty automatically quashes Criminal Proceedings u/s 276: Allahabad HC [Read Order]")
![Fraudulent Import of Vehicles as Brand-New Vehicles: CESTAT reduces Excessive Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Fraudulent-Import-Vehicles-Brand-New-Vehicles-CESTAT-Customs-Excise-Service-Tax-Excessive-Penalty-Penalty-Fraudulent-Import-of-Vehicles-taxscan.jpg "Fraudulent Import of Vehicles as Brand-New Vehicles: CESTAT reduces Excessive Penalty [Read Order]")
Payment of 25% of Penalty is adequate to Compensate Revenue Department: CESTAT sets aside Penalty under Rule 15(2) of CENVAT Credit Rules [Read Order]
The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) while setting aside the penalty under Rule 15(2) of CENVAT Credit Rules has held that payment of 25% of the...
![Payment of 25% of Penalty is adequate to Compensate Revenue Department: CESTAT sets aside Penalty under Rule 15(2) of CENVAT Credit Rules [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Payment-Revenue-Department-CESTAT-Penalty-CENVAT-Credit-Rules-taxscan.jpg "Payment of 25% of Penalty is adequate to Compensate Revenue Department: CESTAT sets aside Penalty under Rule 15(2) of CENVAT Credit Rules [Read Order]")
Consification of Goods and Penalty not permissible When Imported Goods are not mis declared: CESTAT rules in favour of Surya Exim Ltd [Read Order]
In a ruling in favour of Surya Exim Limited, the Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the Consification of goods and penalty not...
![Consification of Goods and Penalty not permissible When Imported Goods are not mis declared: CESTAT rules in favour of Surya Exim Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Consification-of-goods-and-penalty-not-permissible-when-imported-goods-are-not-mis-declared-CESTAT-rules-in-favour-of-Surya-Exim-ltd-TAXSCAN.jpg "Consification of Goods and Penalty not permissible When Imported Goods are not mis declared: CESTAT rules in favour of Surya Exim Ltd [Read Order]")
Bona fide belief of Area based exemption from Central Excise Duty: CESTAT deletes Penalty [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) deleted the penalty on the ground that there was bona fide belief of Area based exemption from Central Excise...
![Bona fide belief of Area based exemption from Central Excise Duty: CESTAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Central-Excise-Duty-CESTAT-Penalty-taxscan.jpg "Bona fide belief of Area based exemption from Central Excise Duty: CESTAT deletes Penalty [Read Order]")
![No Penalty or Conviction can be based merely on Speculations: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-Penalty-or-Conviction-can-be-based-merely-on-Speculations-CESTAT-TAXSCAN.jpg "No Penalty or Conviction can be based merely on Speculations: CESTAT [Read Order]")