Benches not to adopt different Standards in determining Period of Limitation in Appeals filed beyond Limitation, directs CESTAT President
The President of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) issued the office memorandum wherein it directed all the Benches not to adopt different standards in determining period of limitation in appeals filed beyond
Charitable Society eligible for Income Tax Exemption for providing Hostel facilities to Staff and Students, being integral part of ‘Educational Activities’: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), has recently held that the charitable trusts shall be eligible for income tax exemption for providing hostel facilities to its staff and students since such
Companies to be excluded from Final List of Comparables for Determining Arm’s Length Margin: ITAT grants relief to SAP [Read Order]
In a relief to the Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the Companies be excluded from the final list of comparables for determining the arm’s length margin. The Assessee, M/s SAP Labs
Relief to Tata Motors: ITAT directs AO to set off of MAT Credit inclusive of Surcharge, Education Cess [Read Order]
In a relief to the Tata Motors, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench directed the  Assessing Officer to set off of  (MAT) credit inclusive of surcharge, education cess. The assessee, M/s. Tata Motors
Income Tax Deduction not allowable to Professional and Consultancy Charges paid for Acquisition of Companies: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the income tax deduction cannot be allowed to professional and consultancy charges paid for the acquisition of the Companies by the assessee, Steer Engineering
Delhi HC directs ITAT to upload Daily Order Sheet, Revised Cause List on Portal to avoid inconvenience to Litigants [Read Order]
In order to provide the assessee adequate notice and fair opportunity to represent his case, the Delhi High Court directed the Income Tax Appellate Tribunal (ITAT)  to upload on the portal daily order sheet, Revised
GST exigible on Services from Kerala to Karnataka in facilitating Transportation of Goods to Tamil Nadu: AAR [Read Order]
The Karnataka authority of Advance Ruling (AAR) ruled that the GST is exigible on services from Kerala to Karnataka in facilitating the transportation of goods to Tamil Nadu. The applicant, Chep India Pvt. Ltd. (CIPL) 
Partial relief to Carraro India: ITAT directs AO for re-determining ALP of international transaction of payment of Royalty [Read Order]
In a partial relief to Carraro India, the Pune Bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) for re-determining Arm‟s Length Price (ALP) of international transaction of payment of Royalty. The
Vijaya Bank Employees Ho. Co-op. Society entitled to claim of deduction of Interest Expenditure being amount paid to its members: ITAT [Read Order]
In a relief to the Vijaya Bank Employees Ho. Co-op. Society, the Bangalore Bench of Income Tax Appellate Tribunal (ITAT) ruled that the assessee entitled to claim a deduction of interest expenditure being the amount
Income Tax Deduction benefit for Developers can’t be denied merely because of Delegation of some formalities to another Entity: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has recently held that the income tax deduction shall not be denied to the assessee, a cooperative society of Sahara India group and is engaged in the
Wrong Claim for Income Tax Deduction can’t be a reason to invoke Penalty u/s 271(1)(c): ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the penalty under section 271(1)(c) of the Income Tax Act, 1961 cannot be imposed merely for the reason that the assessee
CBIC clarifies Extension of Limitation under GST Law in terms of Supreme Court’s Order [Read Circular]
The Central Board of Indirect Tax and Customs (CBIC) issued the clarification extension of limitation under GST Law in terms of the Supreme Court’s Order dated April 27, 2021. “We, therefore, restore the order dated
ITAT deletes disallowance made by AO on account of delayed payment of contribution to PF, ESI and Professional Tax [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the disallowance made by AO on account of delayed payment of contribution to Provident Fund, Employees' State Insurance and Professional Tax. The assessee, Planman HR (P)
Vodafone to pay Rs. 230 cr towards a disputed Income Tax demand, provide conditional guarantee: ITAT grants conditional stay [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench granted a conditional stay to Vodafone India Services Pvt Ltd. (VISPL) in a transfer pricing case, directing the company to pay Rs. 230 crore towards a disputed
Interest paid on Late Payment of Service Tax is a Deductible Business Expenditure: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the amount of interest paid for the delayed payment of services tax shall be treated as a permissible deduction from the Business Income for the