![Non-Mentioning of Full Address of Buyer on Invoice: Madras HC orders to release Goods and Vehicles on Payment of 25% of Penalty Imposed [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Buyer-Invoice-Madras-Hc-Goods-Vehicles-Payment-Penalty-taxscan.jpeg "Non-Mentioning of Full Address of Buyer on Invoice: Madras HC orders to release Goods and Vehicles on Payment of 25% of Penalty Imposed [Read Order]")
Non-Mentioning of Full Address of Buyer on Invoice: Madras HC orders to release Goods and Vehicles on Payment of 25% of Penalty Imposed [Read Order]
The Madras High Court while ordering to release the goods and vehicles detained on payment of 25 % of the penalty imposed, held that as the alleged...
![Royalty Expenditure for Use of Technical Know-How can be treated as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Royalty-Expenditure-Technical-Revenue-Expenditure-ITAT-taxscan.jpeg "Royalty Expenditure for Use of Technical Know-How can be treated as Revenue Expenditure: ITAT [Read Order]")
![Eligibility of Exemption Notification is a Question Relating to Rate of Duty: Calcutta HC dismisses Appeal on Maintainability Ground [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Exemption-Rate-of-Duty-Calcutta-HC-Ground-taxscan.jpeg "Eligibility of Exemption Notification is a Question Relating to Rate of Duty: Calcutta HC dismisses Appeal on Maintainability Ground [Read Order]")
![Revenue cannot bypass Pre-Consultation merely because Case is originated from Information provided by Intelligence: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Pre-Consultation-Gujarat-High-Court-Larsen-Toubro-Justice-J.B.Pardiwala-Justice-Nisha-M.-Thakore-Taxscan.jpeg "Revenue cannot bypass Pre-Consultation merely because Case is originated from Information provided by Intelligence: Gujarat HC [Read Order]")
![Issuance of S. 143(2) Notice Mandatory for S. 153A Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Notice-Proceedings-ITAT-taxscan.jpeg "Issuance of S. 143(2) Notice Mandatory for S. 153A Proceedings: ITAT [Read Order]")
Consumable Tools are 'Revenue' in Nature: ITAT allows Deduction to Walvoil Fluid Power India [Read Order]
The ITAT Bangalore, while granting relief to M/s Walvoil Fluid Power India Pvt Ltd, held that the consumable tools are revenue in nature and therefore, deduction is allowable as expenditure in the...
![Consumable Tools are Revenue in Nature: ITAT allows Deduction to Walvoil Fluid Power India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Consumable-Tools-Revenue-ITAT-Deduction-Walvoil-Fluid-Power-India-taxscan.jpg "Consumable Tools are Revenue in Nature: ITAT allows Deduction to Walvoil Fluid Power India [Read Order]")
Expenditure incurred on Leased Property to produce Right Ambience to Attract Customers is Allowable: ITAT [Read Order]
The Income Tax Appellate Tribunal, Chennai bench has held that the amount of expenses incurred on a leased property in order to produce the right ambience to attract customers shall be allowable as...
![Expenditure incurred on Leased Property to produce Right Ambience to Attract Customers is Allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Expenditure-Leased-Property-Right-Ambience-Attract-Customers-Customers-ITAT-Taxscan.jpg "Expenditure incurred on Leased Property to produce Right Ambience to Attract Customers is Allowable: ITAT [Read Order]")
Transaction being Revenue Neutral, does not affect the Interests of Revenue: Delhi HC orders Rs. 349 Cr to Ericsson India [Read Order]
In a major relief to Ericsson India Private Limited, the Delhi High Court has directed the income tax department to release a refund of approx.. Rs. 349 crores, held that a transaction, being revenue...
![Transaction being Revenue Neutral, does not affect the Interests of Revenue: Delhi HC orders Rs. 349 Cr to Ericsson India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Transaction-Revenue-Neutral-Revenue-Delhi-High-Court-Ericsson-India-Ericsson-Taxscan.jpg "Transaction being Revenue Neutral, does not affect the Interests of Revenue: Delhi HC orders Rs. 349 Cr to Ericsson India [Read Order]")
![Madras HC refuses Bail to GST Offender since Investigation is in a Crucial Stage [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Madras-High-Court-Bail-GST-Offender-GST-Investigation-Crucial-Stage-Taxscan.jpeg "Madras HC refuses Bail to GST Offender since Investigation is in a Crucial Stage [Read Order]")
![CESTAT allows Refund of CVD and SAD under GST Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/CESTAT-Refund-CVD-SAD-CGST-Act-TAXSCAN.jpg "CESTAT allows Refund of CVD and SAD under GST Act [Read Order]")
Benefit of Compounding of Offences under Income Tax Act cannot be denied on ground that Assessee has not been Acquitted of Criminal Charges: Delhi HC [Read Order]
A two-judge bench of the Delhi High Court has held that the application seeking compounding of the offence under the Income Tax Act, 1961 cannot be rejected on the ground that the petitioner has not...
![Benefit of Compounding of Offences under Income Tax Act cannot be denied on ground that Assessee has not been Acquitted of Criminal Charges: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Compounding-Offences-Income-Tax-Act-Assessee-Criminal-Charges-Delhi-Highcourt-Taxscan.jpg "Benefit of Compounding of Offences under Income Tax Act cannot be denied on ground that Assessee has not been Acquitted of Criminal Charges: Delhi HC [Read Order]")
