Aiswarya Krishnadas
![Relief to Tata Steel Downstream: CESTAT allows to adjust Service Tax Liability from Credit in terms of Rule 6(3) of Service Tax Rules [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-CESTAT-Chennai-Tata-steel-Relief-to-Tata-steel-Downstream-Service-Tax-Liability-Tax-news-Taxscan.jpg "Relief to Tata Steel Downstream: CESTAT allows to adjust Service Tax Liability from Credit in terms of Rule 6(3) of Service Tax Rules [Read Order]")
Relief to Tata Steel Downstream: CESTAT allows to adjust Service Tax Liability from Credit in terms of Rule 6(3) of Service Tax Rules [Read Order]
The Chennai bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) granted relief to Tata Steel Downstream by permitting the...
![Taxpayer fails to Construct Residential House within Prescribed Time: ITAT disallows Section 54 Deduction under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Delhi-ITAT-disallows-Section-54-Income-Tax-Act-Taxpayer-Fails-to-Construct-Residential-House-taxscan.jpeg "Taxpayer fails to Construct Residential House within Prescribed Time: ITAT disallows Section 54 Deduction under Income Tax Act [Read Order]")
![Renting of Immovable Property including Vacant Land owned by Corporation would Fall within Scope of Taxable Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Customs-excise-service-tax-appellate-tribunal-CESTAT-bangalore-Land-rent-taxscan.jpg "Renting of Immovable Property including Vacant Land owned by Corporation would Fall within Scope of Taxable Service: CESTAT [Read Order]")
![Confiscation of Goods Attempted to be Improperly Exported u/s 113 FERA: CESTAT reduces Penalty to 5L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Confiscation-of-Goods-CESTAT-Bangalore-bench-of-the-CESTAT-foreign-exchange-Regulation-Act-section-114-of-the-act-taxscan-1.jpg "Confiscation of Goods Attempted to be Improperly Exported u/s 113 FERA: CESTAT reduces Penalty to 5L [Read Order]")
Approval Granted u/s 153 D clearly indicates Approving Authority neither Examined Assessment Records nor Seized Materials: ITAT quashes Assessment Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order, stating that the approval granted under Section 153D clearly indicates the approving authority neither...
![Approval Granted u/s 153 D clearly indicates Approving Authority neither Examined Assessment Records nor Seized Materials: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Section-153D-Income-tax-act-Assessment-Order-Assessment-records-ITAT-taxscan.jpg "Approval Granted u/s 153 D clearly indicates Approving Authority neither Examined Assessment Records nor Seized Materials: ITAT quashes Assessment Order [Read Order]")
No Price Paid for Acquiring Bonus Shares: ITAT dismisses Valuation of Bonus Shares u/s 55(2)(aa)B of Income Tax Act [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT )dismissed the valuation of bonus shares under Section 55(2)(aa)B of the Income Tax Act, 1961 as the taxpayer admitted to not paying...
Municipality is Liable to Pay Service Tax under Renting of Immovable Property Services and other Services: CESTAT remands to Adjudicating Authority [Read Order]
The Chennai bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) remanded the case to the adjudicating authority, stating that the municipality is liable to pay service tax under...
![Municipality is Liable to Pay Service Tax under Renting of Immovable Property Services and other Services: CESTAT remands to Adjudicating Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Customs-Excise-Service-Tax-Appellate-Tribunal-adjudicating-authority-TAXSCAN.jpg "Municipality is Liable to Pay Service Tax under Renting of Immovable Property Services and other Services: CESTAT remands to Adjudicating Authority [Read Order]")
JCIT issues Penalty Order under Income Tax Act beyond Limitation, Deemed Invalid: ITAT deletes Penalty [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty, noting that the Joint Commissioner of Income Tax ( JCIT ) ought to have passed the order on or before 31.03.2015,...
![JCIT issues Penalty Order under Income Tax Act beyond Limitation, Deemed Invalid: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/JCIT-Income-Tax-Income-Tax-Act-ITAT-ITAT-Delhi-taxscan.jpg "JCIT issues Penalty Order under Income Tax Act beyond Limitation, Deemed Invalid: ITAT deletes Penalty [Read Order]")
Money Introduced from JDS Industries not Deemed Taxpayer’s Own Income: ITAT deletes Addition of 4.45 Core u/s 69 [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal ( ITAT ) has deleted the addition of Rs. 4.45 crore under Section 69, of Income Tax Act, 1961 ruling that money introduced from JDS Industries is...
![Money Introduced from JDS Industries not Deemed Taxpayer’s Own Income: ITAT deletes Addition of 4.45 Core u/s 69 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/site-img-4.jpg "Money Introduced from JDS Industries not Deemed Taxpayer’s Own Income: ITAT deletes Addition of 4.45 Core u/s 69 [Read Order]")
No Order can be Passed in Name of Non-Existent Entity: ITAT quashes Income Tax Assessment Order [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the Income Tax Assessment Order, stating that no order can be passed in the name of a non-existent entity. The issue to be...
![No Order can be Passed in Name of Non-Existent Entity: ITAT quashes Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Mumbai-Income-Tax-Assessment-Order-Order-Passed-Non-Existent-Entity-Income-Tax-Income-Tax-Update-Taxscan.jpg "No Order can be Passed in Name of Non-Existent Entity: ITAT quashes Income Tax Assessment Order [Read Order]")
![Waste Product such as Bagasse is not an Excisable Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-customs-excise-tax-news-tax-2024-CESTAT-news-CESTAT-Chennai-TAXSCAN.jpg "Waste Product such as Bagasse is not an Excisable Goods: CESTAT [Read Order]")