Where addition on account of bogus purchases was sustained on estimated basis, no penalty would be leviable under section 271(1)(c). ... Read more..

No addition could be made on the basis of statement recorded during survey operation unless corroborated by incriminating material found during the course of survey. ... Read more..

Where assessee was only a licensed commission agent in AMYC, which was formed under rules and regulation of State Government, in view of CBDT Circular No. 452, dt. 17-03- 1986, he was eligible to get ... Read more..

Where assessee’s claim for transitional credit of Central Excise duty was rejected owing to mistake in filing of Form TRANS-1, but there was no option to file appeal on the GST portal and manual appea ... Read more..

GST can be levied on royalty paid by Mineral Concession Holder for any mining concession granted by the State. ... Read more..

Where assessee was consistently filing GST returns, penalty imposed under section 129(1)(b) denying assessees ownership with regard to detained goods was not sustainable. ... Read more..

Company exported some foreign services but it received export proceeds with some delay, which was in violation of section 7, the contravention was technical in nature and did not amount to quantifiabl ... Read more..

Appellant filed complaint against developer, but Completion Certificate-cum-Occupancy Certificate for project was already issued much before enforcement of RERA, therefore, Authority did not have juri ... Read more..

Petitioner filed petition for constitution of committee to investigate fraudulent acts of companies in respect of allowing their shareholders to make undue profits/illegal gains from purchase and sale ... Read more..