Begin typing your search above and press return to search.
Taxscan Team
Regulation 10(n) of Customs Broker Licencing Regulations not violative In the absence of evidence which proves delay in Duty of Customs Broker: CESTAT
The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that regulation 10(n) of Customs Broker Licencing...
![Notification Applying Service Tax on Works Contract Services under RCM Not Applicable to Corporates: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Notification-Service-Tax-Works-Contract-Services-RCM-Corporates-CESTAT-Taxscan.jpg "Notification Applying Service Tax on Works Contract Services under RCM Not Applicable to Corporates: CESTAT [Read Order]")
![No Addition can Sustain Unless Opportunity of Cross Examination given to Assessee when Addition Based on Third Party Statement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Sustain-Cross-Examination-Assessee-Addition-Third-Party-Statement-ITAT-taxscan.jpg "No Addition can Sustain Unless Opportunity of Cross Examination given to Assessee when Addition Based on Third Party Statement: ITAT [Read Order]")
![Rental Income cant be brought to Tax When Assessee not entered into any Lease Agreement with Tenants: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Rental-income-tax-lease-agreement-tenants-ITAT-Taxscan.jpg "Rental Income cant be brought to Tax When Assessee not entered into any Lease Agreement with Tenants: ITAT [Read Order]")
Addition of Income on Unsold Flats held as Stock in Trade of Business of a Builder and Developer is not permissible: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the percentage completion method of Revenue recognition practised by Builder is acceptable as per Accounting Standards. ...
![Addition of Income on Unsold Flats held as Stock in Trade of Business of a Builder and Developer is not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Unsold-Flats-Stock-Trade-Business-Builder-Developer-ITAT-taxscan.jpg "Addition of Income on Unsold Flats held as Stock in Trade of Business of a Builder and Developer is not permissible: ITAT [Read Order]")
![No Gratuity Payable When Corporate Debtor does not Create a Gratuity Fund: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Gratuity-Payable-Corporate-Debtor-Gratuity-Fund-NCLT-TAXSCAN.jpg "No Gratuity Payable When Corporate Debtor does not Create a Gratuity Fund: NCLT [Read Order]")
![Excise Duty not demandable on Scrap cleared on which CENVAT Credit not availed:Â CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Duty-demandable-Scrap-cleared-CENVAT-Credit-CESTAT-TAXSCAN.jpg "Excise Duty not demandable on Scrap cleared on which CENVAT Credit not availed:Â CESTAT [Read Order]")
Deemed Valuation u/s 50 C of Income Tax Act Applicable to Seller of Property, Not to Buyers: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the provisions of section 50C of the Income Tax Act, 1961 is applicable only to the seller of the property, not to the...
![Deemed Valuation u/s 50 C of Income Tax Act Applicable to Seller of Property, Not to Buyers: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Deemed-Valuation-Income-Tax-Act-Applicable-Seller-of-Property-ITAT-TAXSCAN.jpg "Deemed Valuation u/s 50 C of Income Tax Act Applicable to Seller of Property, Not to Buyers: ITAT [Read Order]")