Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
The ITAT Delhi addressed various issues in the case. Firstly, regarding addition u/s 68 due to a difference in Form 26AS and income in the return, CIT(A) deleted the addition as the amount was already accounted for in a previous assessment year, attributing the discrepancy to an error by M/s Dharampal Satyapal Ltd. The Tribunal upheld this decision based on reconciliation presented. Secondly, disallowance u/s 37 on salary/wages was challenged, but CIT(A) found evidence of proper payments to employees and deleted the addition. Lastly, disallowance u/s 14A was not warranted as no exempt income was earned by the assessee, following the precedent set in Cheminvest Limited case.
The ITAT Delhi addressed various issues in the case. Firstly, regarding addition u/s 68 due to a difference in Form 26AS and income in the return, CIT(A) deleted the addition as the amount was already accounted for in a previous assessment year, attributing the discrepancy to an error by M/s Dharampal Satyapal Ltd. The Tribunal upheld this decision based on reconciliation presented. Secondly, disallowance u/s 37 on salary/wages was challenged, but CIT(A) found evidence of proper payments to employees and deleted the addition. Lastly, disallowance u/s 14A was not warranted as no exempt income was earned by the assessee, following the precedent set in Cheminvest Limited case.
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