CAAR, Mumbai, ruled that Thermal Printer Ribbons are essential parts of thermal printers and classifiable under CTH 8443 99 ...

GST cuts on coffee, dairy, cashew, cement, and drones will stimulate Karnataka's economy, boosting farmers, artisans, and ...

NCLT Mumbai held that application for liquidation of Corporate Debtor [Multicity Hospitals LLP] in terms of section 33(2) of ...

NCLT Mumbai held that Corporate Debtor Unitech Transformers Pvt. Ltd. is ordered to be liquidated in terms of provision of ...

Exchange rates constantly determine the actual cost of international travel and online purchases. Learn how currency fluctuations, bank fees, and payment methods impact your final ...

The core issue was the disallowance of Rs.169 Cr in Customer Acquisition Cost (CAC), treated as capital expenditure for an enduring benefit. The ITAT deleted the addition, ruling that routine, ...

The dispute was the computation of the block period under S 153 for a non-searched person, where the AO counted the period from the search date. The ITAT affirmed the quashing of the assessment, ...

The case addressed the disallowance of Rs.1.89 Cr, which the AO treated as a donation to other trusts and deemed income under S 11(3). The ITAT deleted the addition, ruling that payments made to other ...

The case addressed a Rs.605 Cr addition under Section 68 for alleged bogus sales, where the AO didn't reject the books. The ITAT remanded the matter, directing the AO to recompute income by applying ...

The central issue was the validity of a reassessment that led to additions for bogus purchases and unexplained cash. The ITAT confirmed the entire reassessment was void because the AO failed to issue ...

CESTAT Delhi held that Epoxy Resin imported was an impregnation resin and goods were duly cleared by customs under DFIA licence as ‘impregnation resin’. Accordingly, demand of duty denying benefit of ...

In a composite ruling, ITAT Delhi upheld deletion of disallowances on both foreign travel incentives and inter-company expense allocation, holding the expenditures as genuine and supported by ...