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.
![Relief to Kuoni Travel India: CESTAT rules Service Tax not Leviable without Identifying Specific Service provided and Consideration Received [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Kuoni-Travel-India-CESTAT-Service-Tax-CESTAT-Delhi-Service-Tax-Exemption-Kuoni-Travel-Tax-Relief-for-Travel-Agencies-India-Taxscan.jpeg "Relief to Kuoni Travel India: CESTAT rules Service Tax not Leviable without Identifying Specific Service provided and Consideration Received [Read Order]")
Relief to Kuoni Travel India: CESTAT rules Service Tax not Leviable without Identifying Specific Service provided and Consideration Received [Read Order]
In a major relief to M/s Kuoni Travel India, the New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) ruled that...
![Mere Generation of Surplus from Year to Year cannot be Reason for Rejection of Application u/s 10(23C) (vi) of Income Tax Act: Rajasthan HC orders to re-consider Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Rajasthan-High-Court-Rejection-of-Application-Re-consider-Application-Surplus-generation-TAXSCAN.jpg "Mere Generation of Surplus from Year to Year cannot be Reason for Rejection of Application u/s 10(23C) (vi) of Income Tax Act: Rajasthan HC orders to re-consider Application [Read Order]")
![Inputs are meant for Day-to-Day Business Operations not required to be Capitalized in Books of Accounts under CGST Act: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Allahabad-High-Court-GST-CGST-Books-of-Accounts-TAXSCAN.jpg "Inputs are meant for Day-to-Day Business Operations not required to be Capitalized in Books of Accounts under CGST Act: Allahabad HC [Read Order]")
Relief to Castrol India: Bombay HC quashes Reassessment Proceedings Initiated on change of Opinion [Read Order]
In a major relief to Castrol India, the Bombay High Court quashed re-assessment proceedings initiated on change of opinion. The petitioner assailed notice issued under Section 148 of the Income...
Profits during CIRP can be allocated to Financial Creditors when RFRP and Resolution Plan are Silent: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) observed that the profits during corporate insolvency resolution process ( CIRP ) can be allocated to financial creditors when request...
Interest and Dividend derived by one Cooperative Society From Investment with another one is eligible for Deduction u/s 80P(2)(D) of Income Tax Act: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the interest and dividend derived by one cooperative society from investment with another one is eligible for deduction...
![Interest and Dividend derived by one Cooperative Society From Investment with another one is eligible for Deduction u/s 80P(2)(D) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Pune-Income-Tax-Cooperative-Society-TAXSCAN.jpg "Interest and Dividend derived by one Cooperative Society From Investment with another one is eligible for Deduction u/s 80P(2)(D) of Income Tax Act: ITAT [Read Order]")
Burden Shifts on AO to prove that cause Lacks Bonafide when Taxpayer shows reasonable cause for accepting Cash Loan: ITAT
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) held that the burden shifts on the Assessing Officer ( AO ) to prove that cause lacks bonafide when taxpayer shows reasonable cause for...
Interest paid on borrowed Funds for Investment in Shares hit by Section 14A of Income Tax Act if Dividend received on Shares not part of total Income: Bombay HC [Read Order]
In a recent ruling the Bombay High Court held that the interest paid on borrowed funds for investment in shares hit by Section 14A of the Income Tax Act, 1961 if the dividend received on shares not...
![Interest paid on borrowed Funds for Investment in Shares hit by Section 14A of Income Tax Act if Dividend received on Shares not part of total Income: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bombay-High-Court-Income-Tax-Interest-on-Borrowed-Funds-Investment-in-Shares-taxscan.jpg "Interest paid on borrowed Funds for Investment in Shares hit by Section 14A of Income Tax Act if Dividend received on Shares not part of total Income: Bombay HC [Read Order]")
![GST not Payable by Fair Price Shop Selling Kerosene Oil to Ration-Card Holders: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/AAAR-AAAR-West-Bengal-GST-Ration-Card-Holders-Kerosene-Oil-AAAR-Kerosene-Oil-GST-Exemption-Taxscan.jpg "GST not Payable by Fair Price Shop Selling Kerosene Oil to Ration-Card Holders: AAAR [Read Order]")