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.
Leasehold Interest in Land is Asset of Company and Capable of Valuation: J&K and Ladakh HC [Read Order]
The Jammu and Kashmir and Ladakh High Court ruled that leasehold interest in land is asset of company and capable of valuation. The Assessing...
![Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bombay-High-Court-Income-Tax-Assessment-Order-Agricultural-land-assessment-taxscan.jpg "Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]")
![CESTAT upholds Distribution of Cenvat Credit on Service Tax Paid on Inputs Services to Manufacturing Units, including Job Workers [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/cenvat-credit-site-img.jpg "CESTAT upholds Distribution of Cenvat Credit on Service Tax Paid on Inputs Services to Manufacturing Units, including Job Workers [Read Order]")
Non Filing Audit Report along with ITR is Procedural Omission: ITAT restores matter to allow Exemption u/s 11 of Income Tax Act [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) restored matter to allow exemption under Section 11 of the Income Tax Act, 1961 and held that non-filing audit report along with...
![Non Filing Audit Report along with ITR is Procedural Omission: ITAT restores matter to allow Exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Ahmedabad-Section-11-of-Income-Tax-Act-Income-Tax-Act-Income-Tax-Returns-ITAT-restores-exemption-Taxscan.jpg "Non Filing Audit Report along with ITR is Procedural Omission: ITAT restores matter to allow Exemption u/s 11 of Income Tax Act [Read Order]")
Stay Applications must be Decided within Reasonable Time on Filing of Statutory and Compliance of Condition for Pre-Deposit: Allahabad HC [Read Order]
The Allahabad High Court recently held that stay applications must be decided within reasonable time on filing of statutory and compliance of condition for pre-deposit. Grievance of the petitioner...
Tax Dues can be Recovered from Directors of Private Company u/s 39 of KVAT Act: Kerala HC [Read Order]
The Kerala High Court held that tax dues can be recovered from directors of private company under Section 39 of the Kerala Value Added Tax Act, 2003 ( KVAT Act ). The petitioners are the directors...
Trademark Hypothecated for Higher Amount and Subsequently Assigned for Lower is not Undervalued Transaction: NCLAT
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that trademark hypothecated for higher amount and subsequently assigned for lower not undervalued transaction. All...
Service Tax cannot be Demanded on Sole basis of Information from ITR and Form 26AS: CESTAT [Read Order]
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that service tax cannot be demanded on sole basis of information from income tax returns (ITR) and Form...
![Service Tax cannot be Demanded on Sole basis of Information from ITR and Form 26AS: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Service-Tax-Demanded-Sole-basis-Information-from-ITR-Form-26AS-CESTAT-taxscan.jpg "Service Tax cannot be Demanded on Sole basis of Information from ITR and Form 26AS: CESTAT [Read Order]")
![Payment through PLA: CESTAT quashes Excise Duty Demand as barred by limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/CESTAT-PLA-payment-Profit-and-Loss-Account-Excise-duty-demand-Excise-payment-taxscan.jpg "Payment through PLA: CESTAT quashes Excise Duty Demand as barred by limitation [Read Order]")