
Wife’s Jewellery Not Taxable in Husband’s Hands: ITAT Nagpur Deletes Addition
ITAT Nagpur deleted ₹3.86 lakh jewellery addition and held enhanced section 115BBE tax rate inapplicable for AY 2017-18.

ICAI Removes Two CAs’ Names for Professional Misconduct

Criminal Case Pendency Alone Cannot Deny Appointment to Animal Attendant post: Rajasthan HC

Bangalore ITAT Deletes ₹3.31-Crore Section 68 Addition: Journal Entry Not Unexplained

Bangalore ITAT Deletes ₹36.43-Lakh PF/ESI Adjustment: CPC Barred from Debatable Issues

Bangalore ITAT: Foreign Tax Credit Not Denied for Delayed Form 67 Filing; Requirement Directory

Bangalore ITAT Quashes AY 2016-17 Reassessment: PCIT Approval Invalid After 3 Years

Bangalore ITAT Quashes Reassessment: PCIT Approval Invalid Where PCCIT Sanction Required

Bangalore ITAT: Bank Interest Eligible for 80P; Nominal Members Cannot Defeat Mutuality

Anti-Profiteering: GSTAT Orders Laureate Buildwell to Pass ₹14.95 Lakh ITC Benefit

Cinema Ticket GST Cut Benefit Not Passed On: GSTAT Sustains Profiteering Demand

GSTAT Upholds ₹14.26 Lakh Cinema Ticket Profiteering Under Section 171

Telangana HC Permits Fresh Application to Revoke GST Registration Cancellation

CESTAT Chandigarh Rejects Customs Case on Pakistani Origin for Lack of Authenticated Foreign Evidence

CESTAT Chennai Sets Aside IGST Demand, Interest, Fine & Penalty After DGFT Redemption

CESTAT Ahmedabad Sets Aside Interest, Fine and Penalty on IGST for Time-Barred Demand

CAAR Classifies Cashew Splits Under Tariff Item 0801 32 90

NCLT Chennai Allows Sun TV Merger Without Separate Second Motion for Wholly Owned Subsidiary

NCLT Dismisses SFIO Disgorgement Plea Over ₹100.50 Crore Aircel Call Option Payment

NCLT Holds 25.42% Shareholder Eligible to Maintain Oppression-Mismanagement Petition

NCLT Directs Meetings for Siemens Energy Companies’ Amalgamation & Capital Reduction
CESTAT Chandigarh Deletes CENVAT Credit Demand Based on V.K. Metal Works Investigation
CESTAT Chandigarh allowed the appeal and set aside the CENVAT credit demand, finding the case identical to other V.K. Metal Works customers.
CESTAT Mumbai Sets Aside Service Tax Demands on Coal Short-Lifting Compensation
CESTAT Mumbai set aside service tax demands on coal short-lifting compensation, following its earlier ruling and CBIC’s decision not to appeal.
CESTAT Mumbai Holds Vehicle Dealer Subvention Taxable as Business Auxiliary Service
CESTAT Mumbai held vehicle-loan subvention income taxable as Business Auxiliary Service, sustaining service tax, interest and penalties.
Ajay Kumar Agrawal FCA, a science graduate and fellow chartered accountant in practice for over 26…
I, S. Prasad, am a Senior Tax Consultant with continuous practice since 1982 in the fields…













