![Denial of Rebate to Advance Authorization Licenses holder operates prospectively from October 23, 2017: Gujarat HC upholds validity of Rule 96(10) [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Denial-of-Rebate-Advance-Authorization-Licenses-holder-Gujarat-High-court-Rule-9610-Taxscan.jpg "Denial of Rebate to Advance Authorization Licenses holder operates prospectively from October 23, 2017: Gujarat HC upholds validity of Rule 96(10) [Read Judgment]")
Denial of Rebate to Advance Authorization Licenses holder operates prospectively from October 23, 2017: Gujarat HC upholds validity of Rule 96(10) [Read Judgment]
The Gujarat High Court while dismissing the plea challenging the validity of Rule 96(10) held that denial of Rebate to Advance Authorization Licenses...
![Vivad se Vishwas Act, 2020: Govt. notifies cut-off date for filing declaration and extends timeline for making payment without additional amount [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Vivad-se-Vishwas-Act-Govt-filing-declaration-extends-timeline-payment-Taxscan.jpg "Vivad se Vishwas Act, 2020: Govt. notifies cut-off date for filing declaration and extends timeline for making payment without additional amount [Read Notification]")
![Transfer of Intangible Assets for a valuable consideration by way of allotment of Shares is entitled to Depreciation: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Transfer-of-intangible-assets-valuable-consideration-allotment-shares-entitled-depreciation-Karnataka-High-court-Taxscan.jpeg "Transfer of Intangible Assets for a valuable consideration by way of allotment of Shares is entitled to Depreciation: Karnataka HC [Read Judgment]")
![TPA required to deduct TDS on payments made to hospitals under Section 194J of the Income Tax Act: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/TPA-required-deduct-TDS-payments-made-hospitals-Section-194J-of-the-Income-Tax-Act-Karnataka-High-Court-Taxscan.jpg "TPA required to deduct TDS on payments made to hospitals under Section 194J of the Income Tax Act: Karnataka HC [Read Judgment]")
Supreme Court directs all High Courts to formulate their own rules for hearing through Video Conferencing [Read Order]
The Supreme Court of India suo moto modified its own guidelines dated April 6, 2020, in furtherance of the commitment to the delivery of justice, the directions were intended primarily to cover the...
GST: NAA finds Signature Builders guilty for not passing the benefit of additional ITC to Homebuyers [Read Order]
The National Anti-Profiteering Authority (NAA) has held Signature Builders guilty for not passing the benefit of additional ITC to the homebuyers but did not impose the penalty. The applicant, Mr....
![GST: NAA finds Signature Builders guilty for not passing the benefit of additional ITC to Homebuyers [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/NAA-ITC-Homebuyers-Signature-Builders-Taxscan.jpg "GST: NAA finds Signature Builders guilty for not passing the benefit of additional ITC to Homebuyers [Read Order]")
GST: NAA finds Alton Buildtech guilty for not passing ITC benefit to Flat Buyers, No Penalty imposed [Read Order]
The National Anti-Profiteering Authority (NAA) found M/s Alton Buildtech India Private Limited guilty of profiteering but did not impose the penalty for denying the benefit of Input Tax Credit (ITC)...
![GST: NAA finds Alton Buildtech guilty for not passing ITC benefit to Flat Buyers, No Penalty imposed [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/NAA-ITC-Flat-Buyers-ITC-benefit-Penalty-imposed-GST-Taxscan.jpg "GST: NAA finds Alton Buildtech guilty for not passing ITC benefit to Flat Buyers, No Penalty imposed [Read Order]")
CIT(A) ought to analyse nature of service undertaken by assessee and Taxation of fees for Technical Services: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while remitting the matter back to the CIT(A) ruled that the CIT(A) ought to analyse nature of service undertaken by assessee and taxation of...
![CIT(A) ought to analyse nature of service undertaken by assessee and Taxation of fees for Technical Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/CITA-ought-analyse-nature-service-undertaken-assessee-Taxation-of-fees-Technical-Services-ITAT-Taxscan.jpg "CIT(A) ought to analyse nature of service undertaken by assessee and Taxation of fees for Technical Services: ITAT [Read Order]")
Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]
The Madras High Court directed the Assessing Officer to determine whether borrowed funds used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted. The Revenue has...
![Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-court-directs-AO-determine-borrowed-funds-advancing-loans-Subsidiary-Company-Surplus-Funds-Company-Taxscan.jpeg "Madras HC directs AO to determine borrowed funds were used for advancing loans to Subsidiary Company or Surplus Funds of Company were diverted [Read Judgment]")
ITAT deletes addition of Royalty Tax on Fee for Database Access License under Indo-Swiss Tax Treaty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted the addition on account of alleged royalty taxable under section 9 (l)(vi) of the Income Tax Act, 1961 read with Article 12(3) of India...
![ITAT deletes addition of Royalty Tax on Fee for Database Access License under Indo-Swiss Tax Treaty [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-deletes-addition-royalty-Tax-Fee-Database-Access-License-Indo-Swiss-Tax-Treaty-Taxscan.jpeg "ITAT deletes addition of Royalty Tax on Fee for Database Access License under Indo-Swiss Tax Treaty [Read Order]")