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JK Lakshmi Cement received complete relief in a GST dispute after the Chhattisgarh appellate authority quashed tax, interest, and penalty demands.

JK Lakshmi Cement Gets Relief in GST Dispute; Appellate Authority Cancels Entire Demand

Judgement

ITAT sustains Section 68 addition after assessee fails to establish lender's creditworthiness and genuineness.

Pharma Company's Loan Treated as Bogus; ITAT Holds PAN, Confirmation and Banking Trail Do Not Prove Genuine Creditworthiness

The Income Tax Appellate Tribunal (ITAT) has held SBNs received during demonetisation cannot be treated as unexplained cash credits merely because such notes ceased to be legal tender.

ITAT Holds Demonetisation Deposits Are Not Unexplained Cash Only Because SBNs Ceased to be Legal Tender

Gokul Agro received a customs notice over alleged export benefit claims worth Rs 53 crore and plans to contest the allegations.

Gokul Agro Faces Customs Scrutiny Over Rs 53 Crore Export Benefit Claims

ITAT quashes reassessment after holding Section 148 notice was issued beyond permissible limitation.

Property Sale of 1.18 Crore Led to Reassessment; ITAT Cancels Proceedings as Income Tax Notice Was Issued Beyond Time Limit

The Mumbai ITAT ruled that a co-operative society’s surplus from member contributions is not taxable under the doctrine of mutuality and deleted the Section 234F fee.

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JK Lakshmi Cement Gets Relief in GST Dispute; Appellate Authority Cancels Entire Demand

Pharma Company's Loan Treated as Bogus; ITAT Holds PAN, Confirmation and Banking Trail Do Not Prove Genuine Creditworthiness

ITAT Holds Demonetisation Deposits Are Not Unexplained Cash Only Because SBNs Ceased to be Legal Tender

Gokul Agro Faces Customs Scrutiny Over Rs 53 Crore Export Benefit Claims

Property Sale of 1.18 Crore Led to Reassessment; ITAT Cancels Proceedings as Income Tax Notice Was Issued Beyond Time Limit

ITAT Rules Maintenance Charges and Property Tax Recoveries Collected from Members Are Not Taxable