Taxscan Team
![SEBI Modifies Rules for PSU divestment: Notifies Amendment to Substantial Acquisition of Shares and Takeovers Regulations, 2011 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/11/SEBI-PSU-divestment-Amendment-Substantial-Acquisition-Shares-Takeovers-Regulations-taxscan.jpg "SEBI Modifies Rules for PSU divestment: Notifies Amendment to Substantial Acquisition of Shares and Takeovers Regulations, 2011 [Read Notification]")
SEBI Modifies Rules for PSU divestment: Notifies Amendment to Substantial Acquisition of Shares and Takeovers Regulations, 2011 [Read Notification]
The Securities Exchange Board of India (SEBI) has notified the Substantial Acquisition of Shares and Takeovers Regulations, 2011 amending the rules...
![Clarification given by DGFT prevails over allegation made by Customs Department: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Clarification-DGFT-Customs-Department-CESTAT-TAXSCAN.jpg "Clarification given by DGFT prevails over allegation made by Customs Department: CESTAT [Read Order]")
![No Finality on Classification of Goods: CESTAT reduces Redemption Fine and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/CESTAT-Redemption-Fine-Penalty-taxscan.jpg "No Finality on Classification of Goods: CESTAT reduces Redemption Fine and Penalty [Read Order]")
CESTAT orders Fresh Adjudication to identify if Supply of Raw Material and Installation of Green House amounts to manufacture [Read Order]
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ordered fresh adjudication to identify if supply of raw material and installation of green house amounts to...
![CESTAT orders Fresh Adjudication to identify if Supply of Raw Material and Installation of Green House amounts to manufacture [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/CESTAT-Fresh-Adjudication-Raw-Material-Installation-Green-House-manufacture-TAXSCAN.jpg "CESTAT orders Fresh Adjudication to identify if Supply of Raw Material and Installation of Green House amounts to manufacture [Read Order]")
![Reversing Credit under protest: CESTAT upholds Refund claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Reversing-Credit-CESTAT-Refund-claim-taxscan.jpg "Reversing Credit under protest: CESTAT upholds Refund claim [Read Order]")
CBDT Instruction on Loss of Trading in Foreign Exchange Derivatives not applicable on Forward Contracts entered not as Trading per se: Delhi HC [Read Order]
The Delhi High Court held that CBDT Instruction on loss of trading in foreign exchange derivatives is not applicable on forward contracts entered not as trading per se. The petitioner, the...
![CBDT Instruction on Loss of Trading in Foreign Exchange Derivatives not applicable on Forward Contracts entered not as Trading per se: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/CBDT-Foreign-Exchange-Derivativatives-Delhi-HC-taxscan.jpg "CBDT Instruction on Loss of Trading in Foreign Exchange Derivatives not applicable on Forward Contracts entered not as Trading per se: Delhi HC [Read Order]")
TDS u/s 194I not applicable to Portion of Rent paid to AC maintenance, Housekeeping, Security, and Common Area Maintenance Charges: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the TDS provisions of section 194I of the Income Tax Act, 1961 is not applicable to AC maintenance, and common area...
![TDS u/s 194I not applicable to Portion of Rent paid to AC maintenance, Housekeeping, Security, and Common Area Maintenance Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/TDS-Rent-AC-maintenance-housekeeping-security-ITAT-taxscan.jpg "TDS u/s 194I not applicable to Portion of Rent paid to AC maintenance, Housekeeping, Security, and Common Area Maintenance Charges: ITAT [Read Order]")
Referral Fees to Doctors and Nursing Homes Violative of Professional Ethics, Medical Diagnostics Company cannot Claim Deduction: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the referral fee paid to the doctors and nursing home would not be allowable as deduction under section 37 of the Income Tax...
![Referral Fees to Doctors and Nursing Homes Violative of Professional Ethics, Medical Diagnostics Company cannot Claim Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Doctors-Nursing-Violative-Ethics-Medical-Diagnostics-Claim-Deduction-ITAT-TAXSCAN.jpg "Referral Fees to Doctors and Nursing Homes Violative of Professional Ethics, Medical Diagnostics Company cannot Claim Deduction: ITAT [Read Order]")
Payment for Services provided by Marketing Partner amounts to FTS, TDS Applicable: ITAT [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that payments provided for services rendered by marketing partners such as provision of pre-sale and after sale product...
![Payment for Services provided by Marketing Partner amounts to FTS, TDS Applicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Payment-for-Services-Marketing-Partner-FTS-TDS-ITAT.jpg "Payment for Services provided by Marketing Partner amounts to FTS, TDS Applicable: ITAT [Read Order]")
Late Deposit of PF/ESI/EPF not a Sufficient Reason for Disallowance if deposited prior to ITR filing Due Date: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has recently held that late deposit of Provident Fund(PF), Employees State Insurance (ESI), or Employees Provident Fund (EPF) is not a sufficient...
![Late Deposit of PF/ESI/EPF not a Sufficient Reason for Disallowance if deposited prior to ITR filing Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Late-Deposit-of-PF-ESI-EPF-Sufficient-Reason-for-Disallowance-ITR-filing-Due-Date-ITAT-Taxscan.jpg "Late Deposit of PF/ESI/EPF not a Sufficient Reason for Disallowance if deposited prior to ITR filing Due Date: ITAT [Read Order]")