2026 – Page 136 – smeaccountant

ITAT Limits Tax Authority Power to Reject Purchases Without Substantiated Evidence

ITAT Limits Tax Authority Power to Reject Purchases Without Substantiated Evidence

ITAT limits tax authority power to reject purchases without evidence, protecting businesses from arbitrary disallowances based on sales and stock records.

Prasenjit Bhowmik June 1, 2026

Tribunal Clarifies CSR Donations Remain Eligible for Section 80G Tax Deductions

Tribunal Clarifies CSR Donations Remain Eligible for Section 80G Tax Deductions

Discover how the ITAT ruling confirms CSR donations are eligible for Section 80G tax deductions, clarifying tax relief for businesses.

Prasenjit Bhowmik June 1, 2026

ITAT Quashes Section 153A Assessment as AY 2010-11 Fell Outside Ten-Year Block Period

ITAT Quashes Section 153A Assessment as AY 2010-11 Fell Outside Ten-Year Block Period

Discover why the ITAT quashed a Section 153A assessment for AY 2010-11, ruling it fell outside the ten-year block period.

Prasenjit Bhowmik June 1, 2026

CESTAT Ruling Challenges Reliance on Visual Estimation in Excise Audits

CESTAT Ruling Challenges Reliance on Visual Estimation in Excise Audits

CESTAT's Kolkata ruling states excise authorities cannot solely rely on visual estimation for stock discrepancies, impacting manufacturers' audit defense.

Prasenjit Bhowmik June 1, 2026

CESTAT Ruling Grants Major Tax Relief for Municipal Water Infrastructure Projects

CESTAT Ruling Grants Major Tax Relief for Municipal Water Infrastructure Projects

CESTAT's landmark ruling exempts municipal water infrastructure projects from service tax, providing major relief for public utility services.

Prasenjit Bhowmik June 1, 2026

ITAT Remands Section 80GGC Claim as Political Donation Verification Was Incomplete

ITAT Remands Section 80GGC Claim as Political Donation Verification Was Incomplete

The ITAT has remanded an 80GGC political donation claim for re-verification due to incomplete bank transaction details, impacting taxpayers.

Prasenjit Bhowmik June 1, 2026

CESTAT Rules Mining Services Taxable Only After June 2007

CESTAT Rules Mining Services Taxable Only After June 2007

CESTAT rules mining services were not taxable before June 2007, invalidating past tax demands for excavation and extraction activities.

Prasenjit Bhowmik June 1, 2026

CESTAT Ruling Clarifies CENVAT Credit Reversal in Excise Disputes

CESTAT Ruling Clarifies CENVAT Credit Reversal in Excise Disputes

A new CESTAT ruling clarifies CENVAT credit reversal in excise disputes, impacting manufacturers and Rule 6 interpretations.

Prasenjit Bhowmik June 1, 2026

Madras High Court Limits GST Registration Suspension Powers

Madras High Court Limits GST Registration Suspension Powers

Madras High Court limits GST registration suspension, ruling authorities need specific grounds, not blanket action, during cancellation proceedings.

Prasenjit Bhowmik June 1, 2026

ITAT Mumbai Overturns Assessment Order Over Procedural Fairness Violations

ITAT Mumbai Overturns Assessment Order Over Procedural Fairness Violations

ITAT Mumbai overturned an assessment order, citing procedural fairness violations and emphasizing the taxpayer's right to be heard in tax cases.

Prasenjit Bhowmik June 1, 2026