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Britannia Biscuit Wholesale Dealer's Estimated Income Reduced to 1% from 1.5%: ITAT Reduces Income citing Earlier Years estimation [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal reduced the estimated income of the assessee to 1% from 1.5% as estimated by the Assessing...

Britannia Biscuit Wholesale Dealer's Estimated Income Reduced to 1% from 1.5%: ITAT Reduces Income citing Earlier Years estimation [Read Order]
Observing the varying comparative percentages of profit in earlier years and to avoid affecting the provisions of Section 140 of the Act, the Tribunal reduced the estimated income to 1% from 1.5% as estimated by the AO.
![AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order] AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/750x450_2097673-aar-tamil-nadu-tax-proceedings-aar-rejects-advance-ruling-taxscan.webp)
AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order]
Since the issue was already pending in adjudication proceedings initiated by the department, the AAR was barred from admitting the application under the first proviso to Section 98(2) of the CGST/TNGST Acts
![AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order] AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/750x450_2097673-aar-tamil-nadu-tax-proceedings-aar-rejects-advance-ruling-taxscan.webp)
AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order]
Since the issue was already pending in adjudication proceedings initiated by the department, the AAR was barred from admitting the application under the first proviso to Section 98(2) of the CGST/TNGST Acts