Taxscan | Simplifying Tax Laws

PCIT Must Explain How Income Tax Assessment Order is Erroneous u/s 263: ITAT Allows Appeal [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, allowed the appeal by the assessee and held that PCIT has not explained how the assessing...

PCIT Must Explain How Income Tax Assessment Order is Erroneous u/s 263: ITAT Allows Appeal [Read Order]

NCLAT Rejects Contempt Plea citing Two-Year Delay, Liquidation Proceedings Remain Ongoing [Read...

SC Stays Enforcement of Substantial Tax Demand, Bars Coercive Recovery Against Fantasy Gaming...

Disallowed Payments due to Inconsistency in Statements and Transactions Held Unreasonable as per...

Unsecured Loans’ Creditworthiness confirmed through PAN, ITR and Confirmations Sufficient: ITAT...

How to Read a Health Insurance Policy Wording: Clauses That Change Your Claim Payout

Four-Wheeler Insurance Guide: Factors to Consider Before Buying

How can you Apply for a Personal Loan Online using Finnable App?

NCLT to Reconsider Rs. 92 Lakh Penalty Imposed for Non-Holding of AGMs Due to Directorial Deadlock:...

Refund of GST Paid Twice Cannot Be Denied on Ground of Limitation: Orissa HC [Read Order]

GST Portal Blocks SGST Set-Off for IGST Unless CGST is Exhausted, Despite GSTN Advisory

Unjust Enrichment in GST Refunds: Practical Evidence for Passing/Not Passing Incidence

GST on Assistive Devices for Persons with Disabilities: Concessional Rates Retained, Vehicles Still at 18% [Read Lok Sabha Document]

Composite GST Notices Covering Multiple Assessment Years Unsustainable: Kerala HC Grants Liberty to Issue Fresh Year-Wise Notices [Read Order]

PCIT Must Explain How Income Tax Assessment Order is Erroneous u/s 263: ITAT Allows Appeal [Read Order]

Disallowed Payments due to Inconsistency in Statements and Transactions Held Unreasonable as per...

Unsecured Loans’ Creditworthiness confirmed through PAN, ITR and Confirmations Sufficient: ITAT...

Consolidated Satisfaction is Improper Satisfaction, Lack Merit: ITAT [Read Order]

Mutual Cooperative Society May Accept Deposits and Lend Loans to its Own Members: ITAT [Read Order]

Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC: CESTAT [Read Order]

Failure To Establish Public Utility Of Internal Roads: CESTAT Remands ₹6.73 Lakh Service Tax Demand [Read Order]

RCM Service Tax Demand Cannot Be Raised Solely on Foreign Currency Expenditure Shown in Balance Sheet : CESTAT [Read Order]

Service Tax Paid Under Partner’s PAN to Be Adjusted Against Firm’s Liability: CESTAT Partly Allows Appeal [Read Order]

Commission on Services to Foreign Universities Not ‘Intermediary Service’ under Rule 2(f): CESTAT Sets Aside Service Tax Demand [Read Order]

Electricity Consumption alone Cannot Establish Suppressed Manufacture: CESTAT Rejects Excise Demand on Scented Supari [Read Order]

Service Tax Penalty u/s 78 Remains Unsustainable Where Liability Was Unclear During Relevant Period: CESTAT [Read Order]

Extended Limitation & Penalty Unsustainable in Software Valuation Disputes: CESTAT set aside Differential Duty Demand on Wipro [Read Order]

Non Adoption Of MRP Based Valuation Not Form any Wilful Suppression: CESTAT Sets Aside ₹1.18 Cr Excise Demand On Universal Colours India [Read Order]

CESTAT Weekly Round-up

Warehouse construction classified as commercial service since facilities permitted rental and non-agricultural use: CESTAT [Read Order]

Final Assessment Pending on Provisionally Assessed Bills of Entry: CESTAT Sets Aside Customs Duty Demand [Read Order]

NCLAT Rejects Contempt Plea citing Two-Year Delay, Liquidation Proceedings Remain Ongoing [Read Order]

MCA Penalises Company for not Timely Appointing Woman Director Post-Resignation of Earlier Director...

Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC:...

RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read...

From 54,000 Filings to 48,000 Resolutions: NCLT Chief Bows Out after Transforming Tribunal...

DGFT Clarifies Warehousing of Industrial Chemicals is Permitted Under FTP 2023 Para 2.36(a), Subject...

12 Years Mortgage Limitation Under Article 62 Not Applicable to CIRP Claims: NCLT Applies 3 Years...

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

NCLAT Rejects Contempt Plea citing Two-Year Delay, Liquidation Proceedings Remain Ongoing [Read Order]

MCA Penalises Company for not Timely Appointing Woman Director Post-Resignation of Earlier Director...

Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC:...

RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read...

From 54,000 Filings to 48,000 Resolutions: NCLT Chief Bows Out after Transforming Tribunal...

SC Stays Enforcement of Substantial Tax Demand, Bars Coercive Recovery Against Fantasy Gaming Company [Read Order]

When Can a CA Advise Filing a Writ Instead of a Statutory Appeal?

Who Can Practice Before Tribunals? Delhi HC To Consider Legality of Non-Lawyers if CA And CS can appear Before Tribunals

TPO Must Supply Copies of Relied-Upon Agreements Before Passing Transfer Pricing Order: Delhi HC Sets Aside Royalty Adjustment [Read Order]

“Unacceptable Practice”: Supreme Court Slams AI-Generated Petitions Containing Fabricated Citations And Fake Judgments [Read Order]

Manager - Process Assurance Vacancy for CA at Mahindra

Senior Consultant Vacancy for CA & MBA, MCA at Deloitte

Manager Vacancy for CA & MBA at Deloitte

B. Com, Inter CA, Inter CMA, Vacancy In Adani

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