Kalyani B. Nair
Kalyani is graduated from Government Law College Thiruvananthapuram on BA, LLB and is currently pursuing LLM in Criminal Law, Criminology and Penology. She always believes that Fear kills more dreams, than failure ever will. Her area of interest are Criminal law and Constitutional Law. She is also into baking, reading and gardening.
![Tangible Information to form belief of Escapement of Income: ITAT validates Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Escapement-of-Income-ITAT-Re-Assessment-taxscan.jpg "Tangible Information to form belief of Escapement of Income: ITAT validates Re-Assessment [Read Order]")
Tangible Information to form belief of Escapement of Income: ITAT validates Re-Assessment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench validated re assessment on the ground that there was tangible information to form belief of...
![Ex parte Assessment Order passed in Violation of Principles of Natural Justice, entails Civil Consequences: Patna HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Ex-parte-Ex-parte-Assessment-Order-Assessment-Order-Violation-of-Principles-of-Natural-Justice-Natural-Justice-Civil-Consequences-Patna-High-Court-taxscan.jpg "Ex parte Assessment Order passed in Violation of Principles of Natural Justice, entails Civil Consequences: Patna HC [Read Order]")
![Prior period Expense cant be Added back While Computing Profit & Gain of Business and Profession: ITAT orders to Recompute Book Profit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Expense-Computing-Profit-Gain-Computing-Profit-Gain-Business-Business-and-Profession-ITAT-Income-Tax-Recompute-Book-Profit-Book-Profit-Taxscan-.jpg "Prior period Expense cant be Added back While Computing Profit & Gain of Business and Profession: ITAT orders to Recompute Book Profit [Read Order]")
![Marketing and Survey Expenses are allowable as Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Marketing-and-Survey-Expenses-Marketing-Survey-Expenses-Deduction-Income-Tax-Act-Income-Tax-ITAT-Tax-Taxscan.jpg "Marketing and Survey Expenses are allowable as Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]")
![No Application of S.14A Income Tax Act, If No Exempt Income received or receivable during relevant previous year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Income-Tax-Tax-Income-received-ITAT-Exempt-Income-taxscan.jpg "No Application of S.14A Income Tax Act, If No Exempt Income received or receivable during relevant previous year: ITAT [Read Order]")
![Recording different findings on Same of Set of Evidence: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Recording-of-evidence-evidence-ITAT-findings-taxscan.jpg "Recording different findings on Same of Set of Evidence: ITAT quashes Order [Read Order]")
Income from Sale of Land held as Stock in Trade taxable under Business Income When Expenses incurred shown under WIP: ITAT [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT), held that income from Sale of land held as stock in trade taxable under business income when expenses incurred shown under Work In...
![Income from Sale of Land held as Stock in Trade taxable under Business Income When Expenses incurred shown under WIP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-taxable-business-income-WIP-ITAT-TAXSCAN.jpg "Income from Sale of Land held as Stock in Trade taxable under Business Income When Expenses incurred shown under WIP: ITAT [Read Order]")
Bonafide belief in eligibility of Exemption being Governmental work: CESTAT sets aside Service Tax demand [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench set aside service tax demand as there was bonafide belief in eligibility of exemption being Governmental work. The...
![Bonafide belief in eligibility of Exemption being Governmental work: CESTAT sets aside Service Tax demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bonafide-belief-Exemption-Governmental-work-CESTAT-Customs-Excise-Service-Tax-Service-Tax-demand-taxscan.jpg "Bonafide belief in eligibility of Exemption being Governmental work: CESTAT sets aside Service Tax demand [Read Order]")
ITAT quashes Disallowance of Customs Duty Drawback written-off relating to preceding Assessment Years ‘as prior period item’ [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ), quashed disallowance of customs duty drawback written-off relating to preceding assessment years ‘as prior period item’. The grounds...
![ITAT quashes Disallowance of Customs Duty Drawback written-off relating to preceding Assessment Years ‘as prior period item’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Customs-Duty-Customs-Customs-Duty-Drawback-written-off-Assessment-Assessment-Years-Taxscan.jpg "ITAT quashes Disallowance of Customs Duty Drawback written-off relating to preceding Assessment Years ‘as prior period item’ [Read Order]")
Conviction under FERA: Punjab & Haryana HC quashes patently Wrong enhanced Sentence without making out Special Case [Read Order]
The Punjab and Haryana High Court, quashed a patently wrong enhanced sentence which was passed without making out special case, the petitioner, Muneesh Suneja, being found guilty under the Foreign...
![Conviction under FERA: Punjab & Haryana HC quashes patently Wrong enhanced Sentence without making out Special Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Conviction-FERA-Punjab-Haryana-High-Court-Special-Case-enhanced-Sentence-patently-Wrong-Taxscan-1.jpg "Conviction under FERA: Punjab & Haryana HC quashes patently Wrong enhanced Sentence without making out Special Case [Read Order]")
Taxing Authorities and Tribunal should understand Concept of remand before applying it: Allahabad HC lashes against Commercial Tax Tribunal [Read Order]
- “The Tribunal should refrain itself from such practice of avoiding to decide the issues before it being the last fact- finding court and when all the evidence and material are before it, decision...
![Taxing Authorities and Tribunal should understand Concept of remand before applying it: Allahabad HC lashes against Commercial Tax Tribunal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Taxing-Authorities-Tribunal-Allahabad-High-Court-Commercial-Tax-Tribunal-Commercial-Tax-Tax-Taxscan.jpg "Taxing Authorities and Tribunal should understand Concept of remand before applying it: Allahabad HC lashes against Commercial Tax Tribunal [Read Order]")
Vaccines supplied, across Counter through Separate Chemist Shop owned by Hospital attracts GST: AAR [Read Order]
The Chhattisgarh Authority for Advance Ruling ( AAR ), held that Vaccines supplied, across counter through separate chemist shop owned by hospital attracts GST. The applicant, Anju Parakh sought...
![Vaccines supplied, across Counter through Separate Chemist Shop owned by Hospital attracts GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Vaccines-Vaccines-supplied-Counter-Chemist-Shop-Hospital-GST-AAR-taxscan.jpg "Vaccines supplied, across Counter through Separate Chemist Shop owned by Hospital attracts GST: AAR [Read Order]")