Aparna. M
![Transaction cannot be treated as “Real Estate” If Property held for a Long Time: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Transaction-Real-Estate-Property-held-for-a-Long-Time-ITAT-Taxscan.jpg "Transaction cannot be treated as “Real Estate” If Property held for a Long Time: ITAT [Read Order]")
Transaction cannot be treated as “Real Estate” If Property held for a Long Time: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that transactions could not be treated as real estate if property was held for...
![GST Act does not Intent to Curtail Rights of Entrepreneurs: Bombay HC Orders to Restore Registration after Payment of Dues [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/GST-Act-Entrepreneurs-Bombay-High-Court-Registration-Payment-of-Dues-Taxscan.jpg "GST Act does not Intent to Curtail Rights of Entrepreneurs: Bombay HC Orders to Restore Registration after Payment of Dues [Read Order]")
![Bombay HC quashes Re-Assessment Order passed u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-High-court-Re-Assessment-Order-Re-Assessment-Income-Tax-Act-Income-Tax-Tax-Taxscan-.jpg "Bombay HC quashes Re-Assessment Order passed u/s 263 of Income Tax Act [Read Order]")
![No Excise Duty can be Charge on Scrap of Pipes Produced for Manufacture of Excisable Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Excise-Duty-Scrap-of-Pipes-Manufacture-Excisable-Goods-CESTAT-Taxscan.jpg "No Excise Duty can be Charge on Scrap of Pipes Produced for Manufacture of Excisable Goods: CESTAT [Read Order]")
![Reimbursement of Expenses on Cost to Cost basis related to FTS Not subject to TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Reimbursement-Cost-basis-FTS-TDS-ITAT-TAXSCAN.jpg "Reimbursement of Expenses on Cost to Cost basis related to FTS Not subject to TDS: ITAT [Read Order]")
No Service Tax on Telecom Towers Erected at Site and Affixed to Earth: Bombay HC Quashes Demand of Ineligible Cenvat Credit against Tata Teleservices [Read Order]
In a significant case, the Bombay High court quashed the demand of ineligible Cenvat credit against Tata teleservices and held that no service tax on telecom towers erected at the site and affixed to...
![No Service Tax on Telecom Towers Erected at Site and Affixed to Earth: Bombay HC Quashes Demand of Ineligible Cenvat Credit against Tata Teleservices [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Service-Tax-Telecom-Towers-Bombay-High-Court-Demand-Ineligible-Cenvat-Credit-Cenvat-Credit-Tata-Teleservices-Taxscan.jpg "No Service Tax on Telecom Towers Erected at Site and Affixed to Earth: Bombay HC Quashes Demand of Ineligible Cenvat Credit against Tata Teleservices [Read Order]")
Non-Response to Notice due to Negligence of Chartered Accountant/ Income Tax Practitioner: Madras HC directs Re-Adjudication [Read Order]
The Madras High court has recently directed to the Income tax authority for Re-adjudicate the assessee's matter when it was caused by the negligence of Income tax Practitioner. V.Srikanth, counsel...
![Non-Response to Notice due to Negligence of Chartered Accountant/ Income Tax Practitioner: Madras HC directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Non-Response-to-Notice-Negligence-of-Chartered-Accountant-Income-Tax-Practitioner-Madras-HC-Re-Adjudication-Taxscan.jpg "Non-Response to Notice due to Negligence of Chartered Accountant/ Income Tax Practitioner: Madras HC directs Re-Adjudication [Read Order]")
Purchase of Property within Specified Period of One year before Sale of Capital Asset Allowable as Capital Gain exemption u/s 54F: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held purchase of property within specified period of one year before sale of capital asset allowable as capital gain exemption...
![Purchase of Property within Specified Period of One year before Sale of Capital Asset Allowable as Capital Gain exemption u/s 54F: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Purchase-of-Property-Specified-Period-of-One-year-before-Sale-of-Capital-Asset-Capital-Gain-exemption-ITAT-Taxscan.jpg "Purchase of Property within Specified Period of One year before Sale of Capital Asset Allowable as Capital Gain exemption u/s 54F: ITAT [Read Order]")
Entertainment Tax on Cinema Tickets: Telangana HC directs State to form Committee to Study Issues of Exhibitors and Distributors [Read Order]
The Single bench of Hyderabad High court has recently directed the state to form a committee to study the issues of exhibitors and directors in the field of entertainment tax on cinema tickets . ...
Advance given to Protect Business Interest of Assessee-Company does not Attract Provisions of Deemed Dividend u/s 2(22)(e): ITAT [Read Order]
The Delhi bench of Income Tax Appellate Authority (ITAT) recently held that advance given to protect business interest of assessee –company did not attract provisions of deemed dividend under section...
![Advance given to Protect Business Interest of Assessee-Company does not Attract Provisions of Deemed Dividend u/s 2(22)(e): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Advance-Protect-Business-Interest-of-Assessee-Company-Attract-Provisions-of-Deemed-Dividend-ITAT-Taxscan.jpg "Advance given to Protect Business Interest of Assessee-Company does not Attract Provisions of Deemed Dividend u/s 2(22)(e): ITAT [Read Order]")
Notice issued Without satisfy Condition Precedent u/s 147 of IT ACT is invalid :Bombay HC quashes proceedings [Read Order]
The division bench of the Bombay high court in a writ petition filed before it quashed the reopening assessment proceedings and held that Notice issued without satisfied condition precedent under...
