Posts by Mahesh Mara

Relief for Investor: ITAT Mumbai Dismisses Section 68 Additions in Penny Stock Case Introduction The Income Tax Appellate Tribunal (ITAT) Mumbai recently ruled in favor of the assessee, Ramesh Rikhavdas…

Stamp Duty Value on Agreement Date Holds Precedence: ITAT Mumbai Ruling The Income Tax Appellate Tribunal (ITAT) Mumbai has issued a significant ruling that emphasizes the importance of the stamp…

Big Win for Clarity! Delhi HC Directs Service Tax Cases to Supreme Court Introduction Supreme Court Jurisdiction in Service Tax Cases: Delhi HC Rules on Taxability AppealsIn a significant ruling,…

Gold Seizure Declared Invalid! CESTAT Says ‘No Proof of Smuggling IntroductionIn a landmark ruling, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Kolkataquashed the confiscation of gold in a…

Big Win for Taxpayers! ITAT Mumbai Strikes Down Time-Barred Reassessment IntroductionThe Mumbai Income Tax Appellate Tribunal (ITAT) has recently ruled that reassessment noticesissued under Section 148 of the Income Tax…