![Expenditure on Lease premises towards Civil Works, Furniture, etc. can’t be Capital Expenditure: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Expenditure-Lease-premises-Civil-Works-Furniture-Capital-Expenditure-Madras-High-Court-Taxscan.jpg "Expenditure on Lease premises towards Civil Works, Furniture, etc. can’t be Capital Expenditure: Madras High Court [Read Judgment]")
Expenditure on Lease premises towards Civil Works, Furniture, etc. can’t be Capital Expenditure: Madras High Court [Read Judgment]
The Madras High Court held that expenditure on the leased premises towards civil works, furniture, etc. can not be capital expenditure. The...
![Madras High Court disallows Interest and Additional Expenditure incurred on account of Exchange Fluctuation [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-Court-disallows-Interest-Additional-Expenditure-incurred-account-Exchange-Fluctuation-Taxscan-1.jpeg "Madras High Court disallows Interest and Additional Expenditure incurred on account of Exchange Fluctuation [Read Judgment]")
![Rajasthan Govt. extends the date for ITC Verification till December 31, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Rajasthan-Government-extends-ITC-Verification-Taxscan.jpeg "Rajasthan Govt. extends the date for ITC Verification till December 31, 2020 [Read Notification]")
![Customs Officers will now be empowered to amend any document to conduct Faceless Assessment of Bills of Entry: CBIC [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/CBIC-customs-officers-Bills-of-Entry-faceless-assessment-GST-Taxscan.jpg "Customs Officers will now be empowered to amend any document to conduct Faceless Assessment of Bills of Entry: CBIC [Read Notification]")
![GST: Conversion of Waste Sand to usable sand is Manufacture and not Job Work, says AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Conversion-Waste-Sand-manufacture-Job-Work-AAR-Taxscan.jpg "GST: Conversion of Waste Sand to usable sand is Manufacture and not Job Work, says AAR [Read Order]")
Delhi EV Policy, 2020: Delhi Govt. exempts Road Tax for Battery Operated Vehicles [Read Notification]
The Delhi Government as per the policy of the Delhi EV Policy, 2020 has announced the exemptions on road tax for Battery Operated Vehicles. “In exercise of the powers conferred by sub-section (3)...
Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi held that the lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’. The respondent,...
![Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/NCLAT-cold-storage-unit-Operational-Debt-Taxscan.jpg "Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]")
Professional Accountants should learn and equip themselves in New Age Technology Skills for Future, says ICAI President
To be future-ready, professional accountants should learn and equip themselves in new-age technology skills, acquire strategic managerial skills besides continuing their prowess in accountancy,...
![Renting of E-bikes and Bicycles without operator attracts 18% GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/E-bikes-Bicycles-Renting-E-bikes-AAR-Renting-Bicycles-GST-Taxscan.jpg "Renting of E-bikes and Bicycles without operator attracts 18% GST: AAR [Read Order]")
Roaming charges paid by Reliance Communications aren’t in the nature of ‘fee for technical services’, TDS not liable to be paid: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that roaming charges paid by Reliance Communications are not in the nature of ‘fee for technical services’, tax deducted at source (TDS)...
![Roaming charges paid by Reliance Communications aren’t in the nature of ‘fee for technical services’, TDS not liable to be paid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Reliance-Communications-ITAT-Mumbai-fee-technical-services-TDS-Taxscan.jpg "Roaming charges paid by Reliance Communications aren’t in the nature of ‘fee for technical services’, TDS not liable to be paid: ITAT [Read Order]")
Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]
The Madras High Court quashed the demand/recovery notice passed in violation of the judgment delivered by the Apex Court. The petitioner, M/s.Jumbo Bags Ltd. claimed exemption from payment of duty...
![Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-Court-recovery-notice-demand-notice-violation-judgment-Apex-Court-Taxscan.jpg "Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]")