Taxscan Team
![NCLAT issues Notice to Make My Trip, GoIbibo in Appeal against Penalty imposed by CCI on OYO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/NCLAT-Notice-NCLAT-issues-Notice-GoIbibo-Penalty-CCI-OYO-taxscan.jpg "NCLAT issues Notice to Make My Trip, GoIbibo in Appeal against Penalty imposed by CCI on OYO [Read Order]")
NCLAT issues Notice to Make My Trip, GoIbibo in Appeal against Penalty imposed by CCI on OYO [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) recently admitted the appeal of Oravel Stays Limited ( OYO ) against the...
![Non-Consideration of Objection to Re-Assessment Notice u/s 147 of Income Tax Act: Calcutta HC directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Non-Consideration-of-Objection-to-Re-Assessment-Notice-Income-Tax-Act-Calcutta-HC-Fresh-Adjudication-TAXSCAN.jpg "Non-Consideration of Objection to Re-Assessment Notice u/s 147 of Income Tax Act: Calcutta HC directs Fresh Adjudication [Read Order]")
![S.40A(2)of Income Tax Act not Applicable to Trade Discount given in Sales Invoice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Trade-Discount-Sales-Invoice-ITAT-taxscan.jpg "S.40A(2)of Income Tax Act not Applicable to Trade Discount given in Sales Invoice: ITAT [Read Order]")
![Misuse of Bank Account proved by Assessee through FIR and Charge sheet, ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bank-Account-FIR-Charge-sheet-ITAT-Re-adjudication-taxscan.jpg "Misuse of Bank Account proved by Assessee through FIR and Charge sheet, ITAT directs Re-adjudication [Read Order]")
![Professional Lapse of Tax Consultant Cannot Attributed to Assessee: ITAT Condones Delay in filing Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Tax-Consultant-Assessee-ITAT-Condones-Delay-Appeal.jpg "Professional Lapse of Tax Consultant Cannot Attributed to Assessee: ITAT Condones Delay in filing Appeal [Read Order]")
![GST applicable on Food Service provided in the Factory Canteen: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/GST-Food-Service-Factory-Canteen-AAR-taxscan.jpg "GST applicable on Food Service provided in the Factory Canteen: AAR [Read Order]")
Cancellation of Form GST REG-31 Registration without Due Service of SCN: Kerala HC restores GST Registration [Read Order]
The Kerala High Court has recently set aside the order canceling GST Registration of assessee, M/s Western Offshore & Marine Projects Pvt. Ltd. The petitioner had approached the Court...
![Cancellation of Form GST REG-31 Registration without Due Service of SCN: Kerala HC restores GST Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Form-GST-REG-31-GST-Service-Kerala-High-Court-SCN-GST-Registration-Taxscan.jpg "Cancellation of Form GST REG-31 Registration without Due Service of SCN: Kerala HC restores GST Registration [Read Order]")
FIR cannot be Registered in Entry Tax Evasion Cases in the Absence of Provision in VAT Act: Punjab & Haryana HC [Read Order]
The High Court of Punjab and Haryana at Chandigarh has recently held that in case of tax evasion FIR cannot be registered as the VAT Act does not have provisions authorizing the same. Petitioner...
![FIR cannot be Registered in Entry Tax Evasion Cases in the Absence of Provision in VAT Act: Punjab & Haryana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/FIR-Registered-in-Entry-Tax-Evasion-Cases-in-the-Absence-of-Provision-in-VAT-Act-Punjab-Haryana-HC-TAXSCAN.jpg "FIR cannot be Registered in Entry Tax Evasion Cases in the Absence of Provision in VAT Act: Punjab & Haryana HC [Read Order]")
Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench recently in an appeal held that income tax exemption cannot be granted since share transactions are found as sham and used as a device to make...
![Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Exemption-income-Share-Transactions-Undisclosed-Income-Income-tax-ITAT-taxscan.jpg "Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]")
CA not Guilty for Ingenuine Documents submitted by Clients for Form 15CB: Madras HC discharges Chartered Accountant from Prosecution under PMLA [Read Order]
The Madras High Court has recently quashed the prosecution against Chartered Accountant Murali Krishna Chakrala observing that, he cannot be held guilty for the ingenuine documents submitted to him...
Capital gain is to be taxed from the year JDA entered: ITAT confirms Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore has confirmed the addition of CIT(A) and held that capital gain is to be taxed from the year in which the Joint development agreement (JDA) was...
![Capital gain is to be taxed from the year JDA entered: ITAT confirms Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Capital-gain-is-to-be-taxed-from-the-year-JDA-entered-ITAT-confirms-Addition-TAXSCAN.jpg "Capital gain is to be taxed from the year JDA entered: ITAT confirms Income Tax Addition [Read Order]")
Pre and Post Examination Services to Educational Institutions, Sub-contractor not eligible for GST Exemption: AAAR [Read Order]
The Appellate Authority for Advance Ruling (AAAR), Telangana, has recently, held that the sub-contractors are not eligible for exemption under GST in the case of pre and post examination services...
![Pre and Post Examination Services to Educational Institutions, Sub-contractor not eligible for GST Exemption: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Pre-and-Post-Examination-services-to-Educational-Institutions-Sub-contractor-not-eligible-for-GST-exemption-AAAR-TAXSCAN.jpg "Pre and Post Examination Services to Educational Institutions, Sub-contractor not eligible for GST Exemption: AAAR [Read Order]")