![ITAT directs Re adjudication with respect to Source Of Money Trail related to Unsecured Loan [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Bangalore-Income-Tax-Source-Of-Money-Trail-TAXSCAN.jpg "ITAT directs Re adjudication with respect to Source Of Money Trail related to Unsecured Loan [Read Order]")
ITAT directs Re adjudication with respect to Source Of Money Trail related to Unsecured Loan [Read Order]
The Bangalore bench Income Tax Appellate Tribunal (ITAT) directed education with respect to the source of money trail related to unsecured loan. ...
![Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Orders-Conclusive-Discharge-of-Disproportionate-Assets-Cases-Supreme-Court-TAXSCAN.jpg "Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]")
![No Application of S. 71, Customs Act on Imported Goods stored outside Notified Public Bonded Warehouse with Permission: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/03/Supreme-Court-Warehouse-Notified-Public-Bonded-Warehouse-Customs-Act-taxscan.jpg "No Application of S. 71, Customs Act on Imported Goods stored outside Notified Public Bonded Warehouse with Permission: Supreme Court [Read Judgement]")
![Sale of Software Products does not Constitute Royalty Income, Not taxable under Article 12 of India- Japan DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Sale-of-Software-Products-TAXSCAN.jpg "Sale of Software Products does not Constitute Royalty Income, Not taxable under Article 12 of India- Japan DTAA: ITAT [Read Order]")
Following Rescinded Excise Circular by Commissioner (Appeals) is Condemnable act of Judicial Indiscipline: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) observed that following rescinded Excise Circular by Commissioner ( Appeals ) is condemnable act of judicial...
![Following Rescinded Excise Circular by Commissioner (Appeals) is Condemnable act of Judicial Indiscipline: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/CESTAT-CESTAT-Delhi-Excise-Circular-Judicial-Indiscipline-Commissioner-Appeals-Tax-news-taxscan.jpg "Following Rescinded Excise Circular by Commissioner (Appeals) is Condemnable act of Judicial Indiscipline: CESTAT [Read Order]")
Import of Cameras Stabilizer different than mentioned in Bill of Entry Amounts to Mis Declaration: Supreme Court upholds Penalties Imposed by CESTAT [Read Order]
In a recent case, the Supreme Court of India upheld the order of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) and penalties and viewed that the import of cameras stabilizer...
![Import of Cameras Stabilizer different than mentioned in Bill of Entry Amounts to Mis Declaration: Supreme Court upholds Penalties Imposed by CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Supreme-Court-CESTAT-Import-of-Cameras-Stabilizer-Bill-of-Entry-TAXSCAN.jpg "Import of Cameras Stabilizer different than mentioned in Bill of Entry Amounts to Mis Declaration: Supreme Court upholds Penalties Imposed by CESTAT [Read Order]")
Expenses excluded from Export Turnover to be excluded from Total Turnover while computing Deduction u/s 10A of Act: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) of Mumbai bench held that expenses excluded from the export turnover are to be excluded from the total turnover while computing the deduction under Section...
![Expenses excluded from Export Turnover to be excluded from Total Turnover while computing Deduction u/s 10A of Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-Section-10A-of-Income-tax-act-Export-turnover-Tax-deduction-taxscan.jpg "Expenses excluded from Export Turnover to be excluded from Total Turnover while computing Deduction u/s 10A of Act: ITAT [Read Order]")
False Declaration under IDS to Commit Fraud of 8.26 crore: Supreme Court directs accused to appear for Further Trial for PMLA Offence [Read Order]
The Supreme Court of India directed the accused to appear for further trial for Prevention of Money Laundering Act, 2002Â ( PMLA ) against the false declaration under IDS to commit fraud of 8.26...
Tax Recovery Officer not empowered under Income Tax Act to declare Sale made in favour of Third Party as Void: Madras HC [Read Order]
In a significant ruling the Madras High Court observed that Tax Recovery Officer under the Income Tax Act, 1961 is not empowered to declare sale made in favour of third party as void. As the 4th...
![Tax Recovery Officer not empowered under Income Tax Act to declare Sale made in favour of Third Party as Void: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Tax-Recovery-Officer-Income-Tax-Act-Sale-Third-Party-as-Void-Madras-HC-taxscan.jpg "Tax Recovery Officer not empowered under Income Tax Act to declare Sale made in favour of Third Party as Void: Madras HC [Read Order]")
Tax Dues of Company settled by direction of BIFR under SICA Act: Supreme Court upholds Order of Madhya Pradesh HC [Read Order]
The Supreme Court of India upheld the order of the Madhya Pradesh High Court which dismissed the writ petition of the assessee against the order of the commercial tax officer determining tax...
