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Taxed without Payment - ITAT - Deemed Dividend - taxscan

Brought-Forward Loan Cannot Be Taxed without Payment During Relevant Year: ITAT Deletes ₹1.45 Cr Deemed Dividend Addition [Read Order]

The bench of the Income Tax Appellate Tribunal, Raipur, held that loans received in an earlier year cannot be treated as deemed dividend in a...

Brought-Forward Loan Cannot Be Taxed without Payment During Relevant Year: ITAT Deletes ₹1.45 Cr Deemed Dividend Addition [Read Order]

UP Trader Booked for ₹7 Crores GST Fraud; Fake Sales Worth ₹55 Crore Unearthed

Relief for AGS Health: CESTAT Rules Registration Not Mandatory for Refund of Unutilized CENVAT...

ITAT restricts Addition on “Peak Purchase” to Differential Margin Between Declared and Benchmark...

Assessee’s Failure to Reconcile the Discrepancy Justifies Addition: ITAT upholds Donation...

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UP Trader Booked for ₹7 Crores GST Fraud; Fake Sales Worth ₹55 Crore Unearthed

Is GST Applicable on DGCA-Approved Commercial Flying Training Organizations? Allahabad HC Remands Case to AAR [Read Order]

Classification of Imported Goods Falls Under Customs Authority Ruling: AAR [Read Order]

Mere Adjustment of ITC doesn't attract Section 73 Proceedings: Kerala HC Quashes GST Order [Read Order]

GST Return Data Not Accessible under RTI unless Covered By S. 158(3) Or Supported By Larger Public Interest: Bombay HC [Read Order]

Brought-Forward Loan Cannot Be Taxed without Payment During Relevant Year: ITAT Deletes ₹1.45 Cr Deemed Dividend Addition [Read Order]

ITAT restricts Addition on “Peak Purchase” to Differential Margin Between Declared and Benchmark...

Assessee’s Failure to Reconcile the Discrepancy Justifies Addition: ITAT upholds Donation...

Amount Shown as Advance and Paid Before Due Date Cannot Be Treated as Revenue Receipt: ITAT Orders...

Bank Confirmed No Demonetized Currency Deposit on Specific Date: ITAT Deletes ₹15.45 Lakh Cash...

Service Tax Not Leviable on Training Programs Conducted with University: CESTAT [Read Order]

Wrongly Paid Service Tax under SEZ Act: CESTAT Remands Claim for Fresh Examination and Directs Refund [Read Order]

Relief for Maruti Suzuki: CESTAT Rules Education Cess Payable on Net Service Tax after Deducting R&D Cess [Read Order]

Mismatch Between Income Tax and ST-3 Returns: CESTAT Upholds Service Tax Demand for Unexplained Discrepancy [Read Order]

Tenant’s SVLDRS Payment Satisfies 7.5% Pre-Deposit Requirement for Service Tax on Rental Income: CESTAT Remands Appeal [Read Order]

Relief for AGS Health: CESTAT Rules Registration Not Mandatory for Refund of Unutilized CENVAT Credit on Exported Services [Read Order]

Commercial Invoices Without SAD Endorsement Still Eligible for Refund under Notification: CESTAT [Read Order]

Trade, Cash, Turnover, and Other Discounts Actually Passed on to Buyers are Permissible Deductions in Excise Valuation: CESTAT [Read Order]

Relief for Indian Acrylic Ltd: CESTAT Rules Subscription and Membership Fees Paid to Foreign Associations Not OIDAR Services [Read Order]

Relief for Dell India: CESTAT Rules Marketing and Support Services to Foreign Affiliates Constitute Export of Services [Read Order]

CESTAT upholds Valuation of Physician Samples Based on Transaction Value under Section 4 of Central Excise Act [Read Order]

Interest Payable on Differential Duty Even if Paid Before Finalisation of Provisional Assessment: CESTAT [Read Order]

AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order]

NCLT admits Kotak Mahindra Bank's Insolvency Petition against Inditrade Business Consultants

[BREAKING] MCA Extends Deadline for Annual Filings Without Additional Fees: Know the Date [Read...

NCLT initiates CIRP against Aban Offshore Insolvency, allows application by PNB [Read Order]

Complete Case Digest on NCLT Rulings under IBC - Part 2

Unregistered Documents Cannot Create Security Interest to Retain Title Deeds: NCLAT Dismisses Appeal...

Complete Case Digest on NCLT Rulings under the IBC

E-Way Bill System Under GST: Know Penalties and Consequences of Non-Compliance

Auditing Cryptocurrency? know the basics and How to Report It

Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

55th GST Council Meeting Recommendations: All You Need to Know

GST on Intermediary Services- Gamut of Clarifications and Litigations!!

Why and How Political Parties Get Income Tax Exemption?

How can Freelancers manage their Income by Optimising Income Tax?

Top Global Accounting Scandals Impacted Reputation of Big Accounting Firms

AAR rejects Advance Ruling application on Waste Management Service Classification as Issue already Pending in Tax Proceedings [Read Order]

NCLT admits Kotak Mahindra Bank's Insolvency Petition against Inditrade Business Consultants

[BREAKING] MCA Extends Deadline for Annual Filings Without Additional Fees: Know the Date [Read...

NCLT initiates CIRP against Aban Offshore Insolvency, allows application by PNB [Read Order]

Complete Case Digest on NCLT Rulings under IBC - Part 2

ICMAI Doubles Time Limit for Generating UDIN: Eases Compliance for Practising CMAs

Operation Fire Trail: DRI Seizes 46k Chinese Firecrackers Misdeclared as “Leggings” at Nhava Sheva Port

CBI Court sentences Union Bank Branch Manager to 4 Years Imprisonment with ₹30K Fine for Bank Fraud

Supreme Court & High Courts Weekly Round-Up

Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]

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