Shabna Rahim
![Non Service Tax Registration Due to Bonafide Belief of Exemption: CESTAT reduces Penalty u/s 77(1)(a) of Finance Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Non-Service-Tax-Registration-Service-Tax-Registration-Service-Tax-CESTAT-reduces-Penalty-CESTAT-Penalty-Finance-Act-taxscan.jpg "Non Service Tax Registration Due to Bonafide Belief of Exemption: CESTAT reduces Penalty u/s 77(1)(a) of Finance Act [Read Order]")
Non Service Tax Registration Due to Bonafide Belief of Exemption: CESTAT reduces Penalty u/s 77(1)(a) of Finance Act [Read Order]
The Chennai Bench of Customs, Excise And Service Tax Appellate Tribunal (CESTAT) held that the penalty imposed under section 77(1)(a) of the Finance...
![Addition of LTCG by invoking S. 50(c) of Income Tax Act without retrospective effect is invalid : ITAT directs Re-adjudication[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Addition-us-50C-of-Income-Tax-Act-based-on-SVAs-Overvaluation-of-Capital-Gain-Sale-Consideration-ITAT-directs-Readjudication-TAXSCAN.jpg "Addition of LTCG by invoking S. 50(c) of Income Tax Act without retrospective effect is invalid : ITAT directs Re-adjudication[Read Order]")
![Interest Income from Fixed Deposit is eligible for Deduction u/s 80IA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Interest-Income-from-Fixed-Deposit-Interest-Income-Income-from-Fixed-Deposit-Fixed-Deposit-Deduction-ITAT-Fixed-Deposit-is-eligible-for-Deduction-taxscan.jpg "Interest Income from Fixed Deposit is eligible for Deduction u/s 80IA: ITAT [Read Order]")
![Assessment Order without Issuing proper Notice: ITAT quashes Assessment Order and Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Order-Issuing-proper-Notice-ITAT-quashes-Assessment-Order-ITAT-quashes-Addition-taxscan.jpg "Assessment Order without Issuing proper Notice: ITAT quashes Assessment Order and Addition [Read Order]")
![Notice issued by AO After 4 years of Reassessment u/s 148 under : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Notice-issued-by-AO-After-4-years-of-Reassessment-TAXSCAN.jpg "Notice issued by AO After 4 years of Reassessment u/s 148 under : ITAT [Read Order]")
GST Applicable on Amount Received by Arbitration for Contract works executed in pre-GST Regime: AAR [Read Order]
In a recent ruling the Telangana State Authority For Advance Ruling (TSAAR) held that the Goods and Service Tax (GST) is applicable on the proposed receipt of money in case of Arbitration claims...
![GST Applicable on Amount Received by Arbitration for Contract works executed in pre-GST Regime: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/GST-Applicable-on-Amount-Received-by-Arbitration-for-Contract-works-Arbitration-for-Contract-works-pre-GST-Regime-AAR-taxscan.jpg "GST Applicable on Amount Received by Arbitration for Contract works executed in pre-GST Regime: AAR [Read Order]")
![Contract Works under General Construction Service attract 18% GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Contract-Works-Contract-Works-under-General-Construction-General-Construction-Service-General-Construction-Service-attract-18-GST-Construction-AAR-Authority-For-Advance-Ruling-taxscan.jpg "Contract Works under General Construction Service attract 18% GST: AAR [Read Order]")
Assessment Completed u/s 143(3) after Condonation of Delay due to Covid: ITAT deletes Penalty u/s 271(1)(b) [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT) held that the penalty under Section 271(1)(b) of the Income Tax Act could not be levied after condonation of delay when an assessment has been...
![Assessment Completed u/s 143(3) after Condonation of Delay due to Covid: ITAT deletes Penalty u/s 271(1)(b) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Condonation-of-Delay-Condonation-of-Delay-due-to-Covid-ITAT-deletes-Penalty-ITAT-Penalty-Taxscan.jpg "Assessment Completed u/s 143(3) after Condonation of Delay due to Covid: ITAT deletes Penalty u/s 271(1)(b) [Read Order]")
![Deletion of Unexplained Income without a Remand Report is Invalid: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Deletion-of-unexplained-income-unexplained-income-remand-report-ITAT-order-taxscan.jpg "Deletion of Unexplained Income without a Remand Report is Invalid: ITAT quashes Order [Read Order]")
Common Interest received on Deposits with Co-Operative Bank as Income is not Eligible for Deduction u/s.80P(2)(d): ITAT [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) held that the common interest received on deposits with co-operative Bank as income is not eligible for deduction under Section 80P(2)(d)...
![Common Interest received on Deposits with Co-Operative Bank as Income is not Eligible for Deduction u/s.80P(2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Common-interest-received-on-deposits-Co-operative-Bank-as-income-is-not-eligible-for-deduction-ITAT-TAXSCAN.jpg "Common Interest received on Deposits with Co-Operative Bank as Income is not Eligible for Deduction u/s.80P(2)(d): ITAT [Read Order]")