![No Violation of Section111 of Customs Act: CESTAT deletes Penalty of 40 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Customs-Act-CESTAT-Penalty-taxscan.jpg "No Violation of Section111 of Customs Act: CESTAT deletes Penalty of 40 Lakhs [Read Order]")
No Violation of Section111 of Customs Act: CESTAT deletes Penalty of 40 Lakhs [Read Order]
A Single Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), deleted penalty of Rupees 40 lakhs as there was no violation of...
![Foundation for Levy of Penalty is on Addition made of Concealment of Income, No Penalty u/s 271(1)(c) imposable in the Absence of Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Addition-Concealment-Income-Penalty-ITAT-TAXSCAN.jpg "Foundation for Levy of Penalty is on Addition made of Concealment of Income, No Penalty u/s 271(1)(c) imposable in the Absence of Addition: ITAT [Read Order]")
![Interpretation issue on Removal of Capital Goods not amounts to suppression of fact, not liable for Penalty u/s 15(2) r/w S.11AC: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Capital-Goods-Penalty-CESTAT-taxscan.jpg "Interpretation issue on Removal of Capital Goods not amounts to suppression of fact, not liable for Penalty u/s 15(2) r/w S.11AC: CESTAT [Read Order]")
![IBBI to Impose Penalty on Insolvency Professional Agency for Defaults, Mandates Annual Compliance Certificate [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/11/IBBI-Penalty-Insolvency-Professional-Agency-Annual-Compliance-Certificate-taxscan.jpg "IBBI to Impose Penalty on Insolvency Professional Agency for Defaults, Mandates Annual Compliance Certificate [Read Notification]")
![Non Participation in Income Tax Assessment Proceedings Due to Disputes Between Partners: ITAT deletes Penalty u/s 271(1)(b) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessment-Disputes-Partners-ITAT-Penalty-taxscan.jpg "Non Participation in Income Tax Assessment Proceedings Due to Disputes Between Partners: ITAT deletes Penalty u/s 271(1)(b) [Read Order]")
![Service Tax Paid before the Issuance of Show Cause Notice: CESTAT sets aside Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Service-Tax-Show-Cause-Notice-CESTAT-Penalty-taxscan.jpeg "Service Tax Paid before the Issuance of Show Cause Notice: CESTAT sets aside Penalty [Read Order]")
Cash Loan u/s 269SS given by Executive Directors to meet urgent Financial needs of Company: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore deleted penalty as the cash loan under Section 269SS of the Income Tax Act, 1961 given by Executive Directors to meet urgent financial needs of...
![Cash Loan u/s 269SS given by Executive Directors to meet urgent Financial needs of Company: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Cash-Loan-Executive-Directors-Company-ITAT-Penalty-taxscan.jpg "Cash Loan u/s 269SS given by Executive Directors to meet urgent Financial needs of Company: ITAT deletes Penalty [Read Order]")
![Penalty u/s 271(1)(c) cannot be made for Income Tax Additions made on ad-hoc basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Income-Tax-Additions-ITAT-taxscan.jpg "Penalty u/s 271(1)(c) cannot be made for Income Tax Additions made on ad-hoc basis: ITAT [Read Order]")
Pre-Shipment Inspection Certificate mandatory at the Time of Clearance of Goods by an Importer, Steamer Agent has No Locus of responsibility: CESTAT sets aside Customs penalty u/s 112(a) [Read Order]
The pre-shipment inspection certificate is mandatory at the time of clearance of the goods by an importer, any other person including Steamer Agent has no locus of responsibility, the Chennai bench...
![Pre-Shipment Inspection Certificate mandatory at the Time of Clearance of Goods by an Importer, Steamer Agent has No Locus of responsibility: CESTAT sets aside Customs penalty u/s 112(a) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Pre-Shipment-Inspection-Certificate-mandatory-Goods-Importer-Steamer-Agent-Locus-CESTAT-Customs-penalty-taxscan.jpeg "Pre-Shipment Inspection Certificate mandatory at the Time of Clearance of Goods by an Importer, Steamer Agent has No Locus of responsibility: CESTAT sets aside Customs penalty u/s 112(a) [Read Order]")
Confiscation of Goods and Penalty imposed under Customs Act solely based on Statement adduced is not valid: CESTAT [Read Order]
The Chennai bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside the Consification of goods and penalty imposed under Customs Act as it was solely based on a statement...
![Confiscation of Goods and Penalty imposed under Customs Act solely based on Statement adduced is not valid: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Customs-Act-CESTAT-taxscan.jpg "Confiscation of Goods and Penalty imposed under Customs Act solely based on Statement adduced is not valid: CESTAT [Read Order]")
Remand of matter on Non-Imposition of Penalty serves sufficient chance to put forward Documents and Evidence Afresh: CESTAT [Read Order]
The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that remand of matter on non-imposition of Penalty serves sufficient chance to put forward documents and...
![Remand of matter on Non-Imposition of Penalty serves sufficient chance to put forward Documents and Evidence Afresh: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Documents-and-Evidence-CESTAT-taxscan.jpg "Remand of matter on Non-Imposition of Penalty serves sufficient chance to put forward Documents and Evidence Afresh: CESTAT [Read Order]")
Penalty for Excise Duty Default: CESTAT quashes Penalty on ground of Order deleting Proceedings against Co-Notices become Final [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed Penalty on ground of Order deleting Proceedings against Co-Notices become Final as there was Penalty for Excise Duty Default....
![Penalty for Excise Duty Default: CESTAT quashes Penalty on ground of Order deleting Proceedings against Co-Notices become Final [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Excise-Duty-CESTAT-Penalty-Co-Noticees-taxscan.jpeg "Penalty for Excise Duty Default: CESTAT quashes Penalty on ground of Order deleting Proceedings against Co-Notices become Final [Read Order]")