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.
Supreme Court and High Courts Weekly Round up
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous...
![Depositing Unutilized Capital Gain in Deposit Account Scheme: ITAT grants Capital Gain Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Capital-Gain-Deposit-Scheme-ITAT-Capital-Gain-Exemption-TAXSCAN.jpg "Depositing Unutilized Capital Gain in Deposit Account Scheme: ITAT grants Capital Gain Exemption [Read Order]")
![Factory Gate being Place of Removal, Cost of Transportation collected in addition to Price of Goods to be excluded from Assessable Value: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Factory-Gate-Place-of-Removal-Cost-of-Transportation-Transportation-Price-of-Goods-Assessable-Value-CESTAT-excise-customs-service-tax-Taxscan.jpg "Factory Gate being Place of Removal, Cost of Transportation collected in addition to Price of Goods to be excluded from Assessable Value: CESTAT [Read Order]")
![Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Tax-Professionals-Tax-Filing-Audit-Report-Audit-Report-Income-Tax-Return-Income-Tax-ITAT-Income-Tax-Act-Educational-Trust-Trust-taxscan.jpg "Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]")
![No Recovery on Claim of Erroneous Refund When Adjudication has taken place u/s 11B of Central Excise Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Recovery-Claim-Erroneous-Refund-Adjudication-Central-Excise-Act-CESTAT-customs-excise-service-tax-Taxscan.jpg "No Recovery on Claim of Erroneous Refund When Adjudication has taken place u/s 11B of Central Excise Act: CESTAT [Read Order]")
CESTAT upholds utilization of Cenvat Credit of basic Excise Duty for Discharge of Education Cess [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), upheld utilization of cenvat credit of basic excise duty for discharge of education cess. Pursuant to...
![CESTAT upholds utilization of Cenvat Credit of basic Excise Duty for Discharge of Education Cess [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CESTAT-Cenvat-Credit-Excise-Duty-Excise-Discharge-Education-Cess-Education-Taxscan.jpg "CESTAT upholds utilization of Cenvat Credit of basic Excise Duty for Discharge of Education Cess [Read Order]")
Additional Premise is Extension of Factory: CESTAT quashes demand of Duty on Transfer of Capital Goods [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), ruled that additional premise is extension of factory and quashed demand of duty on transfer of capital...
![Additional Premise is Extension of Factory: CESTAT quashes demand of Duty on Transfer of Capital Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Extension-of-Factory-CESTAT-demand-of-Duty-Transfer-of-Capital-Goods-Capital-Goods-Taxscan.jpg "Additional Premise is Extension of Factory: CESTAT quashes demand of Duty on Transfer of Capital Goods [Read Order]")
![Owner Selling Property through GPA Holder: ITAT confirms Income as LTCG [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/LTCG-for-Sale-of-Equity-Shares-as-Bogus-Income-Tax-Act-ITAT-confirms-Income-Tax-Addition-TAXSCAN.jpg "Owner Selling Property through GPA Holder: ITAT confirms Income as LTCG [Read Order]")
Sale of CWO proved and recorded as Income in Books of Account: ITAT deletes Addition on alleged Non genuine Purchase [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad Bench deleted addition on the ground of alleged non-genuine purchase as the sale of Cotton Wash Oil (CWO) was proved and recorded as income in...
![Sale of CWO proved and recorded as Income in Books of Account: ITAT deletes Addition on alleged Non genuine Purchase [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Sale-Sale-of-CWO-CWO-Income-Books-of-Account-ITAT-genuine-Purchase-Cotton-Wash-Oil-Taxscan.jpg "Sale of CWO proved and recorded as Income in Books of Account: ITAT deletes Addition on alleged Non genuine Purchase [Read Order]")
Sec 69 of Income Tax Act not applicable when amount represents Sale Proceeds realized by Company: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ), ruled that Sec 69 of the Income Tax Act, 1961 not applicable when amount represents sale proceeds realized by company. The...
![Sec 69 of Income Tax Act not applicable when amount represents Sale Proceeds realized by Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Income-Tax-Tax-Company-Sale-Sale-Proceeds-ITAT-Taxscan.jpg "Sec 69 of Income Tax Act not applicable when amount represents Sale Proceeds realized by Company: ITAT [Read Order]")
No Proper Examination of facts by Lower Authorities: ITAT orders Fresh Adjudication to determine TDS on MRI charges paid back to Company [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), ordered fresh adjudication to determine TDS on MRI charges paid back to company as there was no proper examination of facts by Lower...
![No Proper Examination of facts by Lower Authorities: ITAT orders Fresh Adjudication to determine TDS on MRI charges paid back to Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Lower-Authorities-Proper-Examination-ITAT-Fresh-Adjudication-TDS-MRI-charges-MRI-Taxscan.jpg "No Proper Examination of facts by Lower Authorities: ITAT orders Fresh Adjudication to determine TDS on MRI charges paid back to Company [Read Order]")
ITAT orders Re-examination on Applicability of TDS u/s 195 of Income Tax Act on Payment made to Non-Residents [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT), ordered re-examination on applicability of TDS under Section 195 of the Income Tax Act, 1961 on payment made to non-resident. The...
![ITAT orders Re-examination on Applicability of TDS u/s 195 of Income Tax Act on Payment made to Non-Residents [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Re-examination-Applicability-TDS-Income-Tax-Act-Payment-TAXSCAN.jpg "ITAT orders Re-examination on Applicability of TDS u/s 195 of Income Tax Act on Payment made to Non-Residents [Read Order]")