Aiswarya Krishnadas
![Appeal Rejection without taking issue on Merit on Misinterprets S.17 (5) of Customs Act, Goods Clearance Deemed Final: CESTAT remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Customs-excise-service-tax-appellate-tribunal-customs-act-Appeal-rejection-TAXSCAN.jpg "Appeal Rejection without taking issue on Merit on Misinterprets S.17 (5) of Customs Act, Goods Clearance Deemed Final: CESTAT remands Matter [Read Order]")
Appeal Rejection without taking issue on Merit on Misinterprets S.17 (5) of Customs Act, Goods Clearance Deemed Final: CESTAT remands Matter [Read Order]
The Bangalore bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) remanded the matter, stating that the appeal was rejected...
![Cash Source Seized by CBI from Corporate Office Sufficiently Explained: ITAT deletes Income Tax Addition of Rs. 89 lakhs u/s 69 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Cash-Source-Seized-ITAT-ITAT-delhi-CBI-Corporate-Office-Income-Tax-Section-69-of-the-Income-Tax-Act-Central-Bureau-of-Investigation-taxscan.jpg "Cash Source Seized by CBI from Corporate Office Sufficiently Explained: ITAT deletes Income Tax Addition of Rs. 89 lakhs u/s 69 [Read Order]")
![CBDT Extends Time Limit for Form 10AB filing to 30.06.2024: ITAT sets aside CIT (E) order Canceling Trust Registration u/s 12 AB [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CBDT-Extends-Time-Limit-for-Form-chennai-bench-of-ITAT-canceling-the-trusts-registration-under-Section-12AB-ITAT-Sets-Aside-CIT-E-order-taxscan.jpg "CBDT Extends Time Limit for Form 10AB filing to 30.06.2024: ITAT sets aside CIT (E) order Canceling Trust Registration u/s 12 AB [Read Order]")
![Interest/Dividend Income out of Investments with Co-operative Society is Eligible for Deduction u/s 80P(2) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Income-tax-appellate-tribunal-Tax-news-Dividend-income-Section-80P-TAXSCAN.jpg "Interest/Dividend Income out of Investments with Co-operative Society is Eligible for Deduction u/s 80P(2) of Income Tax Act: ITAT [Read Order]")
Freight Reduction, Telecommunication Charges and Expenses Recovery w.r.t. Migration/JTS from Total Turnover is Eligible for Deduction u/s 10AA of Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that reduction of freight, telecommunication charges and recovery of expenses in respect of migration / job training services from...
![Freight Reduction, Telecommunication Charges and Expenses Recovery w.r.t. Migration/JTS from Total Turnover is Eligible for Deduction u/s 10AA of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Delhi-Total-Turnover-is-Eligible-for-Deduction-Telecommunication-Charges-Freight-Reduction-taxscan.jpg "Freight Reduction, Telecommunication Charges and Expenses Recovery w.r.t. Migration/JTS from Total Turnover is Eligible for Deduction u/s 10AA of Income Tax Act: ITAT [Read Order]")
Foreign Exchange Fluctuations have direct Nexus over Export Sales, would be Eligible for Deduction u/s 10A of Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that foreign exchange fluctuations have direct nexus over export sales and would be eligible for deduction under Section 10A of the...
![Foreign Exchange Fluctuations have direct Nexus over Export Sales, would be Eligible for Deduction u/s 10A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Income-Tax-Act-Income-Tax-Appellate-Tribunal-ITAT-delhi-Foreign-Exchange-Income-Tax-taxscan.jpg "Foreign Exchange Fluctuations have direct Nexus over Export Sales, would be Eligible for Deduction u/s 10A of Income Tax Act: ITAT [Read Order]")
ITAT directs Remands Matter to AO to Analyse Payment of Guarantee Commission is an Admissible Deduction u/s 37(1) of Income Tax Act [Read Order]
In a recent ruling the Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) directed the remand of the matter to the AO to analyse whether the payment of the guarantee commission is an...
![ITAT directs Remands Matter to AO to Analyse Payment of Guarantee Commission is an Admissible Deduction u/s 37(1) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-income-tax-act-ITAT-bangalore-ITAT-remands-Remands-matters-TAXSCAN.jpg "ITAT directs Remands Matter to AO to Analyse Payment of Guarantee Commission is an Admissible Deduction u/s 37(1) of Income Tax Act [Read Order]")
Profit of Business Undertaking in Proportion of Export Turnover to Total Turnover would be Eligible for Deduction u/s 10 A of Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that the profit of business undertaking in proportion of export turnover to total turnover would be eligible for deduction under...
![Profit of Business Undertaking in Proportion of Export Turnover to Total Turnover would be Eligible for Deduction u/s 10 A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/58bfc8d2-c4b6-44f0-b028-075b10fc79f3.jpg "Profit of Business Undertaking in Proportion of Export Turnover to Total Turnover would be Eligible for Deduction u/s 10 A of Income Tax Act: ITAT [Read Order]")
Service Tax Demand on Landowner Shares in Residential Complex under Construction Deemed Unsustainable: CESTAT [Read Order]
The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) deemed the service tax demand on landowner shares in a residential complex under construction as unsustainable....
![Service Tax Demand on Landowner Shares in Residential Complex under Construction Deemed Unsustainable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Service-Tax-Construction-Customs-Excise-and-Service-Tax-Appellate-Tribunal-taxscan.jpg "Service Tax Demand on Landowner Shares in Residential Complex under Construction Deemed Unsustainable: CESTAT [Read Order]")
Municipality is liable to pay service Tax under Renting of Immovable Property Services: CESTAT directs remands to Adjudicating Authority [Read Order]
The Chennai bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) has directed that the municipality is liable to pay service tax under Renting of immovable property services and...
![Municipality is liable to pay service Tax under Renting of Immovable Property Services: CESTAT directs remands to Adjudicating Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Adjudicating-Authority-service-Tax-Property-Services-pay-service-Tax-Customs-Excise-and-Service-Tax-Appellate-Tribunal-taxscan.jpg "Municipality is liable to pay service Tax under Renting of Immovable Property Services: CESTAT directs remands to Adjudicating Authority [Read Order]")
ITAT allows Claim of Deduction u/s 80P (2) (a) (i) in respect of Interest Earned from Credit Facilities extended to members including Nominal / Associate Members [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the claim of deduction under Section 80P (2)(a)(i) in respect of interest earned from credit facilities extended to members,...
