The Central Board of Direct Taxes (CBDT) vide notification no. S.O. 4265(E) issued on 29th September 2023 has notified the income tax exemption to Punjab Nurses Registration Council under Section 10(46) of Income Tax Act,

The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the exemption under Section 10(38) of the Income Tax Act, 1961 shall be denied when the assessee enters into a sham transaction with

The Central Board of Indirect Taxes and Customs (CBIC) vide notification no. No. 69/2023-Customs (N.T.) S.O. 4253(E)  issued on 27th September 2023 has notified the extension of exemption of deposits into Electronic Credit Ledger (ECL)

The Central Board of Indirect Taxes and Customs (CBIC) vide notification no. No. 70/2023-Customs (N.T.) S.O. 4254(E) has extended the exemption from deposits for specified goods under Section 51A(4) of the Customs Act till 1st

The Income Tax Appellate Tribunal (ITAT) Chennai bench remanded the matter  before the Assessing officer for re adjudication due to  nonconsideration of evidence on deduction claimed under Section 54B of the Income Tax Act, 1961

The Central Board of Indirect Taxes and Customs (CBIC), vide notification no. 12/2023- Integrated Tax (Rate) G.S.R. 690(E) issued on 26th September 2023 has notified the amendment in the notification no. 09/2023 which mentions exemptions

In a major relief to M/s Kissan Fats Limited, the Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that waste, gums, fatty acids etc arising on manufacture of vegetable oils

The Supreme Court, in consideration of a batch of appeals under Section 130E of the Customs Act, issued notice to the respondents-Commissioners of Customs, seeking clarification with regard to the extent of exemption available to

The Chennai bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the benefit of excise duty exemption allowable on molasses captively consumed for the manufacture of rectified spirit and quashed the

The Supreme Court has recently ruled that when an Indian entity's establishment operates in Oman and holds a 'Permanent Establishment' status under the Double Taxation Avoidance Agreement (DTAA), any dividend income received by the Indian

The Central Board of Direct Taxes (CBDT) vide notification no. S.O. 4118(E) issued on 19th September 2023 has notified the income tax exemption to Uttar Pradesh Expressways Industrial Development Authority under Section 10(46) of Income

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition under Section 68 of the Income Tax Act 1961, and disallowance of Long-term Capital Gains (LCG) the allegation of price manipulation was

The Central Board of Indirect Taxes and Customs (CBIC) has released guidelines, outlined in Circular No. 21/2023-Customs, dated September 14, 2023. These guidelines pertain to the deployment of officers and the establishment of performance benchmarks

In a major relief to M/s Tata Motors Limited, the appellant, the Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), allowed excise duty exemption to Chassis on projects funded by International

The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT)upheld the  reversal by assesee along with interest for intervening period as the discrepancy on reversal of cenvat credit for opting ssi exemption