![GST: Appellate Authority required to grant Sun Pharma opportunity to explain its stand on GSTR-1 and GSTR-3B, says Sikkim High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/GST-Appellate-Authority-Sun-Pharma-GSTR-1-GSTR-3B-Sikkim-High-Court-Taxscan.jpg "GST: Appellate Authority required to grant Sun Pharma opportunity to explain its stand on GSTR-1 and GSTR-3B, says Sikkim High Court [Read Order]")
GST: Appellate Authority required to grant Sun Pharma opportunity to explain its stand on GSTR-1 and GSTR-3B, says Sikkim High Court [Read Order]
The Sikkim High Court held that the Appellate Authority was required to grant Sun Pharma the opportunity to explain its stand on GSTR-1 and GSTR-3B. ...
![GST: NAA finds Logix Infrastructure guilty of not passing ITC benefit to Flat Buyers [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/GST-NAA-Logix-Infrastructure-ITC-Flat-Buyers-Taxscan-1.jpg "GST: NAA finds Logix Infrastructure guilty of not passing ITC benefit to Flat Buyers [Read Order]")
![Procedure for E-Commerce Exports through Post doesn’t determine eligibility for Refund of ITC on Exports, not applicable retrospectively: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/E-Commerce-Exports-Refund-of-ITC-Exports-Delhi-High-court-Taxscan.jpeg "Procedure for E-Commerce Exports through Post doesn’t determine eligibility for Refund of ITC on Exports, not applicable retrospectively: Delhi HC [Read Order]")
![Explanation to Indirect Share Transfer provisions inserted by Finance Act, 2015 applicable retrospectively: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Indirect-Share-Transfer-Finance-Act-ITAT-Taxscan.jpg "Explanation to Indirect Share Transfer provisions inserted by Finance Act, 2015 applicable retrospectively: ITAT [Read Order]")
No Tax applicable on Securities Premium even if used to set off losses: ITAT deletes addition against Hindustan Coca Cola [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench while deleting the addition against Hindustan Coca Cola Beverages held that no tax is applicable on securities premium even if used to set...
![No Tax applicable on Securities Premium even if used to set off losses: ITAT deletes addition against Hindustan Coca Cola [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Tax-applicable-Securities-Premium-losses-ITAT-Coca-Cola-Taxscan-1.jpg "No Tax applicable on Securities Premium even if used to set off losses: ITAT deletes addition against Hindustan Coca Cola [Read Order]")
Madras HC again dismisses CA’s plea seeking to direct Institute of Cost Accountants of India to use acronym ICOAI instead of ICAI [Read Order]
The Madras High Court once again dismissed the CA’s plea seeking to direct the Institute of Cost Accountants of India to use the acronym ICOAI instead of ICAI. The petitioner, V.Venkata...
Income Tax Returns: CBDT issues revised instructions for filing of ITR-2, 3, 5, 6 & 7 for better clarity [Read Instructions]
The Income Tax Department issued revised instructions for filing of Income Tax Return (ITR) 2, 3, 5, 6 & 7 for better clarity. The department while issuing the Instruction for use of offline...
![Income Tax Returns: CBDT issues revised instructions for filing of ITR-2, 3, 5, 6 & 7 for better clarity [Read Instructions]](https://www.taxscan.in/wp-content/uploads/2020/11/Income-Tax-Department-revised-instructions-filing-of-ITR-Taxscan.jpg "Income Tax Returns: CBDT issues revised instructions for filing of ITR-2, 3, 5, 6 & 7 for better clarity [Read Instructions]")
ITAT confirms disallowance against Nike India: Burden of Expenditure for New Product Samples is on manufacturer, Wholesaler can’t claim Tax benefit [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the burden of expenditure for new product samples is on the manufacturer, so the wholesaler can not claim the tax benefit. The...
![ITAT confirms disallowance against Nike India: Burden of Expenditure for New Product Samples is on manufacturer, Wholesaler can’t claim Tax benefit [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Nike-India-ITAT-Tax-Benefits-Expenditure-Taxscan.jpg "ITAT confirms disallowance against Nike India: Burden of Expenditure for New Product Samples is on manufacturer, Wholesaler can’t claim Tax benefit [Read Order]")
![Company granting Bonus to Employees or Shareholder entitled to Tax benefits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Bonus-Tax-Benefit-Shareholder-ITAT-Employee-Taxscan.jpg "Company granting Bonus to Employees or Shareholder entitled to Tax benefits: ITAT [Read Order]")
EY entitled to Deduction under Section 10AA on Voluntary Transfer Pricing Adjustment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the assessee is entitled to deduction under Section 10AA on voluntary transfer pricing adjustment. The assessee, EYGBS (India)...
![EY entitled to Deduction under Section 10AA on Voluntary Transfer Pricing Adjustment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/EY-Deduction-Voluntary-Transfer-Pricing-Adjustment-ITAT-Taxscan.jpeg "EY entitled to Deduction under Section 10AA on Voluntary Transfer Pricing Adjustment: ITAT [Read Order]")
![CBIC issues clarification on holding of Pre-Show Cause Notice Consultation [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/11/CBIC-Pre-Show-Cause-Notice-Consultation-Taxscan.jpg "CBIC issues clarification on holding of Pre-Show Cause Notice Consultation [Read Circular]")