Tax Demand

Income Tax

Employee Claimed Rs. 3.91 Lakh TDS Credit in ITR but Got Credit for Only Rs. 79,030; ITAT Grants Relief Despite Employer’s Failure to Deposit TDS | Biz Flow Kit
Byadmin June 20, 2026

Employee Claimed Rs. 3.91 Lakh TDS Credit in ITR but Got Credit for Only Rs. 79,030; ITAT Grants Relief Despite Employer’s Failure to Deposit TDS The Income Tax Appellate Tribunal (ITAT) Mumbai observed that the delay in filing the appeal deserved to be condoned since the assessee had been continuously pursuing rectification proceedings before the…

Read More Employee Claimed Rs. 3.91 Lakh TDS Credit in ITR but Got Credit for Only Rs. 79,030; ITAT Grants Relief Despite Employer’s Failure to Deposit TDS | Biz Flow Kit
Income Tax

MRPL Secures Major Legal Victory in Rs 616.82 Crore Customs Demand Dispute Before CESTAT | Biz Flow Kit
Byadmin May 14, 2026

MRPL Secures Major Legal Victory in Rs 616.82 Crore Customs Demand Dispute Before CESTAT Mangalore Refinery and Petrochemicals Limited has informed the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) that it has received the Final Order by the Office of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore, in Customs…

Read More MRPL Secures Major Legal Victory in Rs 616.82 Crore Customs Demand Dispute Before CESTAT | Biz Flow Kit
Income Tax

Section 87A Rebate Cannot be Disallowed Against STCG If Income Is Below Rs 7 Lakh: ITAT | Biz Flow Kit
Byadmin April 28, 2026

Section 87A Rebate Cannot be Disallowed Against STCG If Income Is Below Rs 7 Lakh: ITAT The ITAT Rajkot, in a recent significant ruling, held that a taxpayer cannot be restricted from Section 87A if its total income does not exceed the threshold of Rs 7 lakh. It ruled that no restriction applies to STCG…

Read More Section 87A Rebate Cannot be Disallowed Against STCG If Income Is Below Rs 7 Lakh: ITAT | Biz Flow Kit
Income Tax

Same Day Hearing Not Valid Opportunity; GST Order Set Aside by HC | Biz Flow Kit
Byadmin April 25, 2026

Same-Day Hearing Not Valid Opportunity; GST Order Set Aside by HC The petitioner, M/s Poddar Ispat Pvt. Ltd., challenged a GST demand order dated 26.12.2025 along with related show cause notices. The core grievance was that the department failed to grant a meaningful opportunity of personal hearing as mandated under Section 75(4) of the CGST…

Read More Same Day Hearing Not Valid Opportunity; GST Order Set Aside by HC | Biz Flow Kit