Taxscan Team
![Relief to Vi, Deduction of discount on ESOP over the vesting period by SEBI Guidelines is allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Deduction-Vi-Deduction-of-discount-Deduction-of-discount-on-ESOP-ESOP-SEBI-Guidelines-SEBI-taxscan-1.jpg "Relief to Vi, Deduction of discount on ESOP over the vesting period by SEBI Guidelines is allowable: ITAT [Read Order]")
Relief to Vi, Deduction of discount on ESOP over the vesting period by SEBI Guidelines is allowable: ITAT [Read Order]
As a relief to Vodafone Idea ltd, the Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the deduction of discount on the...
![CBDT Notifies Income Tax Exemption to FIFA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/12/CBDT-Notifies-Income-Tax-Exemption-to-FIFA-TAXSCAN.jpg "CBDT Notifies Income Tax Exemption to FIFA [Read Notification]")
![Revenue Sharing License Fee paid fixedly for Telecommunication is allowable as Deduction: ITAT restores issue of Vi to AO for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Revenue-License-Fee-Telecommunication-Deduction-ITAT-Vi-Income-Tax-taxscan.jpg "Revenue Sharing License Fee paid fixedly for Telecommunication is allowable as Deduction: ITAT restores issue of Vi to AO for Verification [Read Order]")
![Foreign-based Consignment Agents/Distributors are liable to Service Tax u/s 66A of the Finance Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Foreign-based-Consignment-Agents-Distributors-Service-Finance-Act-CESTAT-taxscan.jpg "Foreign-based Consignment Agents/Distributors are liable to Service Tax u/s 66A of the Finance Act: CESTAT [Read Order]")
![No Service Tax on Erection, Installation, and Commissioning of Service as entire Value suffered Excise Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Foreign-based-Consignment-Agents-Distributors-Service-Tax-Finance-Ac-CESTAT-taxscan.jpg "No Service Tax on Erection, Installation, and Commissioning of Service as entire Value suffered Excise Duty: CESTAT [Read Order]")
No 'Occasion' required for 'Gift' under Income Tax Law: ITAT deletes Addition towards Gift from NRI Brother [Read Order]
While delivering an assessee-friendly ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that there is no occasion required for “gift” under the Income Tax Act, 1961. The...
![No Occasion required for Gift under Income Tax Law: ITAT deletes Addition towards Gift from NRI Brother [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Gift-Income-Tax-Law-Income-Tax-ITAT-Gift-from-NRI-Brother-taxscan.jpg "No Occasion required for Gift under Income Tax Law: ITAT deletes Addition towards Gift from NRI Brother [Read Order]")
Delay in Processing Income Tax Refund due to Technical Issues: Kerala HC Asks CPC to take Immediate Action, Allows Interest [Read Order]
The Kerala High Court, while considering a writ petition against the delay in processing the income tax refund due to the technical glitches in the online portal, has directed the Centralized...
![Delay in Processing Income Tax Refund due to Technical Issues: Kerala HC Asks CPC to take Immediate Action, Allows Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Delay-in-Income-Tax-Refund-Technical-Issues-Kerala-High-Court-CPC-Interest-Taxscan.jpg "Delay in Processing Income Tax Refund due to Technical Issues: Kerala HC Asks CPC to take Immediate Action, Allows Interest [Read Order]")
Supreme Court rejects time-barred Excise Duty Rebate Claim of Rs. 1.47 Crores to Sansera Engineering Ltd [Read Order]
The Supreme Court of India has recently rejected the excise duty rebate claim of M/s Sansera Engineering Limited as the same was time-barred under the Section 11B of the Central Excise Act, 1944. ...
![Supreme Court rejects time-barred Excise Duty Rebate Claim of Rs. 1.47 Crores to Sansera Engineering Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Supreme-Court-Excise-Duty-Rebate-Claim-Sansera-Engineering-Ltd-taxscan.jpg "Supreme Court rejects time-barred Excise Duty Rebate Claim of Rs. 1.47 Crores to Sansera Engineering Ltd [Read Order]")
![Mistake of Applying VAT Rate is Rectifiable: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Mistake-of-Applying-VAT-Rate-is-Rectifiable-VAT-Rate-VAT-Kerala-High-Court-Taxscan.jpg "Mistake of Applying VAT Rate is Rectifiable: Kerala HC [Read Order]")
![No Active Role for use of IEC code for Monetary Consideration: CESTAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/IEC-code-Monetary-Consideration-CESTAT-Penalty-taxscan.jpg "No Active Role for use of IEC code for Monetary Consideration: CESTAT deletes Penalty [Read Order]")
Non-Filing of GST Returns due to Health Issues: Madras HC grants Relief to Assessee on Cancellation of Registration [Read Order]
The Madras High Court granted relief to the assessee, Tvl Marimuthu Venkateshwaran on cancellation of registration due to non-filing of GST Returns due to health issues. The writ petition has been...
![Non-Filing of GST Returns due to Health Issues: Madras HC grants Relief to Assessee on Cancellation of Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Non-Filing-of-GST-Returns-Gst-Madras-HC-Cancellation-of-Gst-Registration-Gst-Registration-taxscan.png "Non-Filing of GST Returns due to Health Issues: Madras HC grants Relief to Assessee on Cancellation of Registration [Read Order]")