Fathima Karama A.M
![Non-filing of Affidavit Proving Repayment of Loan: Orissa HC Upholds Addition for “Unsecured Loan” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Non-filing-of-Affidavit-Repayment-of-Loan-Orissa-HC-Addition-Unsecured-Loan-Taxscan.jpg "Non-filing of Affidavit Proving Repayment of Loan: Orissa HC Upholds Addition for “Unsecured Loan” [Read Order]")
Non-filing of Affidavit Proving Repayment of Loan: Orissa HC Upholds Addition for “Unsecured Loan” [Read Order]
The Division Bench of Orissa High Court has upheld the addition made upon unsecured loan as the petitioner had failed to file an affidavit for...
![Supply of Ice Cream from Outlets Not “Restaurant Services”: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Supply-of-Ice-Cream-Ice-Cream-Ice-Cream-from-Outlets-Restaurant-Services-AAR-Taxscan.jpg "Supply of Ice Cream from Outlets Not “Restaurant Services”: AAR [Read Order]")
![Penalties u/ss 271(1)(b) and 271F of Income Tax Act cannot be Levied If There is “Reasonable Cause”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Penalties-271F-of-Income-Tax-Act-Reasonable-Cause-ITAT-Taxscan.jpg "Penalties u/ss 271(1)(b) and 271F of Income Tax Act cannot be Levied If There is “Reasonable Cause”: ITAT [Read Order]")
![Income from giving Commercial Properties for Compensation as per MOA Taxable as “Business Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-giving-Commercial-Properties-Compensation-MOA-Taxable-Business-Income-ITAT-Taxscan.jpg "Income from giving Commercial Properties for Compensation as per MOA Taxable as “Business Income”: ITAT [Read Order]")
Myntra is not Eligible for ITC on Vouchers which are Neither “Goods” nor “Services”: AAAR [Read Order]
The Karnataka Appellate Authority for Advance Ruling ( AAAR ) has held that Myntra design Pvt Ltd which is an Indian fashion e-commerce company would not be eligible for Income Tax Credit ( ITC ) on...
![Myntra is not Eligible for ITC on Vouchers which are Neither “Goods” nor “Services”: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Myntra-ITC-Income-tax-Vouchers-Goods-Services-AAAR-Taxscan.jpg "Myntra is not Eligible for ITC on Vouchers which are Neither “Goods” nor “Services”: AAAR [Read Order]")
Amount paid for Acquiring Title of Property under Dispute shall be Treated as Expenditure for Transfer of Property: ITAT [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) has held that the amount paid for acquiring the title of the property under dispute would be treated as expenditure for transfer of property. ...
![Amount paid for Acquiring Title of Property under Dispute shall be Treated as Expenditure for Transfer of Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Amount-Title-of-Property-Expenditure-Transfer-of-Property-Income-Tax-ITAT-taxscan.jpg "Amount paid for Acquiring Title of Property under Dispute shall be Treated as Expenditure for Transfer of Property: ITAT [Read Order]")
![Supply of Coir Pith Compost above 50kg Bags Exempted from GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/supply-Coir-pith-compost-supply-of-Coir-pith-compost-GST-AAR-taxscan.jpg "Supply of Coir Pith Compost above 50kg Bags Exempted from GST: AAR [Read Order]")
Applicant cannot seek Advance Ruling on Supply where he is Recipient of Services: AAR [Read Order]
The West Bengal Authority for Advance Ruling ( AAR ) has rejected the application for advance ruling holding that the applicant could not seek an advance ruling on supply where the applicant himself...
![Re-Assessment without Satisfying Conditions of S. 147 of Income Tax Act is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Re-Assessment-Income-Tax-ITAT-taxscan.jpg "Re-Assessment without Satisfying Conditions of S. 147 of Income Tax Act is Invalid: ITAT [Read Order]")
Interest granted by Court Order on Enhanced Compensation on Land Acquisition from Date of Possession till Judgment Not Taxable: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that the interest granted by court order on enhanced compensation on land acquisition from the date of possession till the date of...
![Interest granted by Court Order on Enhanced Compensation on Land Acquisition from Date of Possession till Judgment Not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Interest-Court-Order-Land-Acquisition-Judgment-Taxable-ITAT-TAXSCAN.jpg "Interest granted by Court Order on Enhanced Compensation on Land Acquisition from Date of Possession till Judgment Not Taxable: ITAT [Read Order]")