Taxscan Team
![Claim of Cash Refund of CENVAT credit rejected on ground of Limitation can be Claimed during Re-Opening of TRAN Window: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Refund-Cash-Refund-of-CENVAT-credit-Re-Opening-of-TRAN-Window-TRAN-Window-Delhi-HC-taxscan.jpg "Claim of Cash Refund of CENVAT credit rejected on ground of Limitation can be Claimed during Re-Opening of TRAN Window: Delhi HC [Read Order]")
Claim of Cash Refund of CENVAT credit rejected on ground of Limitation can be Claimed during Re-Opening of TRAN Window: Delhi HC [Read Order]
The Delhi High Court has directed the assessee to file transitional credit as their claim of cash refund of Cenvat Credit was rejected by the CESTAT...
![Expenses towards Development of Abandoned Software Eligible for Income Tax Deduction: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Software-Development-of-Software-Income-Tax-Deduction-Deduction-Income-Tax-Tax-Bombay-High-Court-taxscan.jpg "Expenses towards Development of Abandoned Software Eligible for Income Tax Deduction: Bombay HC [Read Order]")
Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has deleted a penalty under section 271DA of the Income Tax Act, 1961 by holding that the cash receipt of less than two lakh rupees...
![Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Receipt-of-Less-Different-Persons-on-Different-Dates-would-not-attract-of-Income-Tax-Act-ITAT-deletes-Penalty-TAXSCAN.jpg "Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]")
Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]
The Delhi Bench High Court has set aside the Order passed u/s 148A(d) of the Income Tax Act, 1961 when Assessing Officer (AO) voluntarily accepts the mistakes in Show Cause Notice (SCN) issued. ...
![Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Delhi-HC-sets-aside-Order-passed-AO-voluntarily-accepts-the-Mistakes-in-SCN-issued-TAXSCAN.jpg "Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]")
Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]
The Delhi High Court has held that Advertising, Marketing and Promotion expenditures incurred are revenue expenditures. Mr Ruchir Bhatia, Senior Standing Counsel appeared for Revenue and Mr Sumit...
![Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Advertising-Marketing-Promotion-expenditures-Revenue-Expenditures-Revenue-Delhi-High-Court-Taxscan.jpg "Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]")
Oxygen not a 'Raw-Material' for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]
In a ruling against the manufacturers of Tata Steel, the Supreme Court has held that oxygen cannot be treated as a “raw material” for the manufacturing of the product steel, and therefore, not...
![Oxygen not a Raw-Material for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Oxygen-Not-a-Raw-Material-for-Manufacture-of-Steel-Not-Eligible-for-Concessional-Sales-Tax-Rate-Supreme-Court-TAXSCAN.jpg "Oxygen not a Raw-Material for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]")
