Aparna. M
![ITAT grants Partial Tax Relief to Adani Power Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-Partial-Tax-Relief-Adani-Power-Ltd-Taxscan.jpg "ITAT grants Partial Tax Relief to Adani Power Ltd [Read Order]")
ITAT grants Partial Tax Relief to Adani Power Ltd [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has recently granted partial tax relief to Adani Power Limited. During the relevant...
![Taxability of Amount received under Arbitration Settlement: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-Delhi-Taxability-of-Amount-received-under-Arbitration-Settlement-ITAT-Addition-Arbitration-Settlement-Taxscan.jpeg "Taxability of Amount received under Arbitration Settlement: ITAT upholds Addition [Read Order]")
![Revisional Jurisdiction cannot be Invoked on ground of Uncertain Issue of Entitlement of Treaty Benefit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Revisional-Jurisdiction-Issue-Entitlement-Treaty-Benefit-ITAT-TAXSCAN.jpg "Revisional Jurisdiction cannot be Invoked on ground of Uncertain Issue of Entitlement of Treaty Benefit: ITAT [Read Order]")
![Sale of Software is not “Royalty” under Article 12(3) of Indo-US Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Sale-of-Software-Royalty-Indo-US-Treaty-ITAT-TAXSCAN.jpg "Sale of Software is not “Royalty” under Article 12(3) of Indo-US Treaty: ITAT [Read Order]")
![Assessment Order Not Complying with Procedure u/s 144B is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Assessment-Order-Invalid-ITAT-TAXSCAN.jpg "Assessment Order Not Complying with Procedure u/s 144B is Invalid: ITAT [Read Order]")
‘Market to Market Loss’ in Forex Business is Not Notional Loss, Allowable as Expenditure: ITAT [Read Order]
The Mumbai Income Tax Appellate Tribunal (ITAT) recently held that market to market loss in forex business has no notional loss which was allowable as expenditure. Assesse JBF Industries Ltd...
![‘Market to Market Loss’ in Forex Business is Not Notional Loss, Allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Market-to-Market-Loss-Forex-Business-Notional-Loss-Expenditure-ITAT-TAXSCAN.jpg "‘Market to Market Loss’ in Forex Business is Not Notional Loss, Allowable as Expenditure: ITAT [Read Order]")
Relief to Linklaters LLP: Remuneration received by Law Firm for Providing Legal Services Not Taxable as “FTS” as per Indo-UK Treaty, rules ITAT [Read Order]
The Mumbai Income Tax Appellate Tribunal ( ITAT ) while providing relief to Linklaters LLP ruled that remuneration received by a law firm for providing legal services is not taxable as Fee for...
![Relief to Linklaters LLP: Remuneration received by Law Firm for Providing Legal Services Not Taxable as “FTS” as per Indo-UK Treaty, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Linklaters-LLP-Remuneration-Law-Firm-Legal-Services-Law-Firm-for-Providing-Legal-Services-FTS-Indo-UK-Treaty-ITAT-Taxscan.jpg "Relief to Linklaters LLP: Remuneration received by Law Firm for Providing Legal Services Not Taxable as “FTS” as per Indo-UK Treaty, rules ITAT [Read Order]")
Classification of Goods shall not alter on account of supply to Railways: AAAR confirms Roof Mounted Air-Conditioning unit classified under HSN Heading 8415 [Read Order]
The Punjab Appellate Authority for Advance Ruling (AAAR) while confirming the roof mounted air-conditioning unit classified under HSN Heading 8415 ruled that classification of goods should not alter...
![Classification of Goods shall not alter on account of supply to Railways: AAAR confirms Roof Mounted Air-Conditioning unit classified under HSN Heading 8415 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Classification-of-Goods-Railways-AAAR-Roof-Mounted-Air-Conditioning-HSN-TAXSCAN.jpg "Classification of Goods shall not alter on account of supply to Railways: AAAR confirms Roof Mounted Air-Conditioning unit classified under HSN Heading 8415 [Read Order]")
Information relied upon by AO does not have any bearing to Search Conducted: ITAT deletes S. 153C Addition [Read Order]
The Mumbai Income Tax Appellate Tribunal (ITAT)has recently while deleting additions made under section 153C of Income Tax Act 1961 observed that Information relied upon by the assessing officer did...
![Information relied upon by AO does not have any bearing to Search Conducted: ITAT deletes S. 153C Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Information-AO-Search-Conducted-ITAT-TAXSCAN.jpg "Information relied upon by AO does not have any bearing to Search Conducted: ITAT deletes S. 153C Addition [Read Order]")
No GST applicable for consideration received on Sales of Land Plot: AAAR upheld the Decision of AAR [Read Order]
The Karnataka Appellate Authority for Advance Ruling (AAAR) has recently upheld that no Goods and Service Tax (GST) applicable for consideration received on sales of land plots. Applicant, Rabiya...
![No GST applicable for consideration received on Sales of Land Plot: AAAR upheld the Decision of AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/No-GST-consideration-received-Sales-of-Land-Plot-AAAR-AAR-Taxscan.jpg "No GST applicable for consideration received on Sales of Land Plot: AAAR upheld the Decision of AAR [Read Order]")