Trademark Registered in Family Members’ Name, not a Ground to Deny SSI Exemption: CESTAT [Read Order]
The Ahmedabad bench Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the registration of Trademark in the name of a family member not bar to deny SSI exemption since all the family
Tax Exemption Claim on Tractors Used in Tea Garden: Calcutta HC directs to Consider Exemption Claim under West Bengal Motor Vehicle Tax Act
The Calcutta High Court directed the Motor vehicle taxing officer to consider the tax exemption claim made by the assessee under the West Bengal Vehicle Tax Act, 1979 on tractors used in Tea Garden which
Denial of GST Exemption for Imported Wheat Clearance Services: Madras HC quashes AAR ruling against Naga Ltd’s Supplier [Read Order]
The Madras High Court, in a significant move, quashed the ruling of the Authority of Advance Ruling (AAR) against the supplier of Naga Limited, being unsustainable on the correctness of the reasoning. The petitioner had
GST Exemption available to Services by NHPC to MEA: AAR [Read Order]
The Authority for Advance Rulings (AAR), Uttarakhand has held that the services by NHPC to Ministry of External Affairs (MEA) is eligible for GST Exemption. The Applicant, NHPC Ltd. has been entrusted with the work
CBDT declares Tax Exemption to Chandigarh Building & Other Construction Workers Welfare Board, Maharashtra Electricity Regulatory Commission and BIS [Read Notification]
The central Bard of Direct Taxes (CBDT) recently notified exemption to the ‘Chandigarh Building and Other Construction Workers Welfare Board’, a board constituted by the Administrator, Union Territory, Chandigarh. As per the recent notification, the
Relief to DLF Universal: Disallowance u/s 14A gets restricted to the extent of exempt income, says ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench while dismissing the appeal of the revenue held that disallowance under section 14A gets restricted to the extent of exempt income. The assessee, DLF Universal Ltd.
CBDT notifies Income Tax Exemption to Haryana Labour Welfare Board and Himachal Pradesh Computerization of Police Society [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the Income Tax exemption under clause (46) of section 10 of the Income-tax Act, 1961 to the Haryana Labour Welfare Board and Himachal Pradesh Computerization of Police
Termination of Employment due to Misconduct is not beyond the control of Assessee: ITAT refuses Exemption u/s 10(38) to Employee
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that termination of employment due to misconduct is not beyond the control of assesses and refused to allow an exemption under section 10
Metal Finishing Chemical or Electroplating salt falls under Category of ‘Consumables’ are Entitled for Benefit of Exemption under Exemption Notification: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the metal finishing chemical or electroplating salts fall under the category of ‘consumables’ and are entitled to benefit of exemption
CBDT notifies West Bengal Electricity Regulatory Commission eligible for Income Tax Exemption [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified West Bengal Electricity Regulatory Commission eligible for Section 10(46) Income Tax Exemption. The Board empowered under clause (46) of section 10 of the Income-tax Act, 1961
CBEC withdraws CVD exemption on Gold Coins having purity not below 99.5 and Gold findings
Through a very recent Notification, the Central Board of excise and Customs (CBEC) withdrawn the concessional rate of 4% CVD exemption on Gold coins having purity not below 99.5 and Gold findings. The Notification levies
CBDT notifies Income Tax Exemption for BCI IRR India Holdings Inc. u/s 10(23FE) on eligible Investment made in India
The Central Board of Direct Taxes (CBDT) specified the BCI IRR India Holdings Inc. for the purposes of the said clause in respect of the eligible investment made by it in India on or after
Relief to Flexi Caps: CESTAT sanctions Refund of CVD and SAD paid u/s 142 of GST [Read Order]
In a Relief to Flexi Caps, the Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) sanctioned refund of Countervailing Duty (CVD) and Special Additional Duty (SAD) paid under Section 142 of GST.
Laminated Paper are classifiable under ‘other paper cut to size or shape’ and not under ‘Paper and Paper board’: CESTAT [Read Order]
The Allahabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the laminated paper is classifiable under the category of other paper cut to size or shape and not under the
Owners of Buildings can claim GST Exemption if Residential Premises Leased out are used as Hostel to House Students, Working Professionals: Karnataka HC [Read Order]
The Karnataka High Court has held that owners of buildings can claim GST Exemption if residential premises leased out are used as hostels to house students, and working professionals. The petitioner, Taghar Vasudeva Ambrish is