Application for extension of time period for passing an arbitral award u/s 29A(4) read with Section 29A(5) is maintainable even after Expiry of 12 month: Delhi HC
The Delhi High Court observed that an application for extension of the time period for passing an arbitral award under Section 29A(4) read with ...
![Orissa HC dismisses writ petition filed beyond condonable period u/s 107 of GST Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2072097-orissa-hc-orissa-hc-dismisses-writ-petition-writ-petition-taxscan.webp "Orissa HC dismisses writ petition filed beyond condonable period u/s 107 of GST Act [Read Order]")
![ITAT Deletes ₹3 Crore Addition Made on Cash Deposits During Demonetization: Upholds Gold Jewellery Firm’s Sales as Genuine [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071228-itat-cash-deposit-income-tax-act-taxscan.webp "ITAT Deletes ₹3 Crore Addition Made on Cash Deposits During Demonetization: Upholds Gold Jewellery Firm’s Sales as Genuine [Read Order]")
![‘Half-Hearted Investigation by DRI’: CESTAT Remands Genuineness of Manufacturing Activity Matter for Reinvestigation [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071316-reinvestigation-dri-axscan.webp "‘Half-Hearted Investigation by DRI’: CESTAT Remands Genuineness of Manufacturing Activity Matter for Reinvestigation [Read Order]")
![Income Tax Computation without Brought-Forward Business Losses, Unabsorbed Depreciation: ITAT Quashes CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071266-itat-directs-ao-itat-taxscan-2.webp "Income Tax Computation without Brought-Forward Business Losses, Unabsorbed Depreciation: ITAT Quashes CIT(A) Order [Read Order]")
CESTAT Sets Aside Enhanced Penalty on Visa Steel Ltd., Restores Original ₹20k Fine as Delay Not Attributable to Importer [Read Order]
The Kolkata Benchof the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in its recent ruling set aside the enhanced penalty imposed on Visa Steel Ltd. and held that the revenue’s delay...
![CESTAT Sets Aside Enhanced Penalty on Visa Steel Ltd., Restores Original ₹20k Fine as Delay Not Attributable to Importer [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071255-visa-steel-ltd.webp "CESTAT Sets Aside Enhanced Penalty on Visa Steel Ltd., Restores Original ₹20k Fine as Delay Not Attributable to Importer [Read Order]")
Inadvertently Claimed Tax Exemption u/s 11/12A Instead of 10(23C)(via): ITAT Upholds JCIT(A) Relief as Form 10BB Filed Within Time [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the order of the Joint Commissioner of Income Tax (Appeals) in favor of B.P. Poddar Foundation for Education. The Tribunal...
![Inadvertently Claimed Tax Exemption u/s 11/12A Instead of 10(23C)(via): ITAT Upholds JCIT(A) Relief as Form 10BB Filed Within Time [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071220-inadvertently-claimed-tax-exemption-itat-upholds-jcita-relief-form-10bb-filed-within-time-taxscan.webp "Inadvertently Claimed Tax Exemption u/s 11/12A Instead of 10(23C)(via): ITAT Upholds JCIT(A) Relief as Form 10BB Filed Within Time [Read Order]")
Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the reassessment order and declared the reopening of the assessment for Assessment Year (AY) 2012-13 after 4 years with the...
![Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071302-reassessment-set-of-facts-available-original-assessment-legally-bad-itat-taxscan.webp "Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]")
CESTAT sets aside Revocation of Customs Broker License as Proceedings Violated Mandatory Timelines under CBLR [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in its recent decision set aside the revocation of license issued to Raj Brothers Shipping Pvt. Ltd.,...
![CESTAT sets aside Revocation of Customs Broker License as Proceedings Violated Mandatory Timelines under CBLR [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071249-cestat-cestat-chennai-customs-broker-licence-revocation-of-customs-broker-licence-taxscan.webp "CESTAT sets aside Revocation of Customs Broker License as Proceedings Violated Mandatory Timelines under CBLR [Read Order]")
ITAT Remands Capital Gains Dispute to AO: Faults Revenue on Legal Oversight, Upholds Principles of Justice [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has remanded the matter of capital gains taxation involving agriculturist Harwant Singh Grewal back to the Assessing Officer (AO) ...
![ITAT Remands Capital Gains Dispute to AO: Faults Revenue on Legal Oversight, Upholds Principles of Justice [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071191-itat-remands-capital-dispute-faults-revenue-legal-oversight-upholds-principles-justice-taxscan.webp "ITAT Remands Capital Gains Dispute to AO: Faults Revenue on Legal Oversight, Upholds Principles of Justice [Read Order]")
![BroadBand and Bandwidth Charges Not a Royalty: ITAT Dismisses TDS claim of Revenue [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071310-budget-2024-union-budget-2024-budget-updates-budget-news-industry-demands-in-budget-industry-suggestions-for-tds-troublesome-tds-claim-tds-credit-taxscan.webp "BroadBand and Bandwidth Charges Not a Royalty: ITAT Dismisses TDS claim of Revenue [Read Order]")
Interest on Enhanced Compensation is Contingent, Not Taxable Under Section 56(2)(viii) of the Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, has held that interest received on enhanced compensation is contingent in nature and, therefore, not taxable under Section 56(2)(viii) of the...
![Interest on Enhanced Compensation is Contingent, Not Taxable Under Section 56(2)(viii) of the Income Tax Act: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071248-compensation-itat-taxscan.webp "Interest on Enhanced Compensation is Contingent, Not Taxable Under Section 56(2)(viii) of the Income Tax Act: ITAT [Read Order]")