![SEZ Unit can claim Refund of ITC of GST distributed by ISD Unit: Gujarat High Court allows Britannia’s plea [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Gujarat-High-Court-Britannia-SEZ-Unit-ITC-ISD-Unit-GST-Taxscan.jpeg "SEZ Unit can claim Refund of ITC of GST distributed by ISD Unit: Gujarat High Court allows Britannia’s plea [Read Judgment]")
SEZ Unit can claim Refund of ITC of GST distributed by ISD Unit: Gujarat High Court allows Britannia’s plea [Read Judgment]
The Gujarat High Court allowed Britannia Industries to petition for a claim of refund of Input Tax Credit (ITC) distributed by Input Service...
![Transition Credit issue: Rajasthan HC allows petitioner to make application before GST Council [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/transition-credit-issue-GST-Council-petitioner-Taxscan.jpeg "Transition Credit issue: Rajasthan HC allows petitioner to make application before GST Council [Read Order]")
![Karnataka High Court quashes order directing AO to disallow the Deduction TO both Owner and Land Developer [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Karnataka-High-Court-AO-deduction-Taxscan.jpg "Karnataka High Court quashes order directing AO to disallow the Deduction TO both Owner and Land Developer [Read Order]")
![Delhi HC orders reactivation of DINs and DSCs of Directors alleged for non-filing of Financial Statements and Annual Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/DINs-DSCs-Taxscan.jpeg "Delhi HC orders reactivation of DINs and DSCs of Directors alleged for non-filing of Financial Statements and Annual Returns [Read Order]")
![CBIC notifies Pan-India roll-out of Faceless Assessment from 31 October, 2020 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/CBIC-Faceless-Assessment-Taxscan.jpg "CBIC notifies Pan-India roll-out of Faceless Assessment from 31 October, 2020 [Read Circular]")
![GST: NAA imposes penalty on Relationship Properties for denying ITC to the Flat Buyers [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Penalty-flat-buyers-NAA-ITC-GST-Relationship-Properties-Taxscan.jpg "GST: NAA imposes penalty on Relationship Properties for denying ITC to the Flat Buyers [Read Order]")
![Compensation from Builder on cancellation of flat taxable as Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-flat-compensation-Taxscan.jpg "Compensation from Builder on cancellation of flat taxable as Other Income: ITAT [Read Order]")
Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]
The Karnataka High Court held that the assessee is eligible for exemption under Section 54F of the Income Tax Act for the investment made in the house property in the USA. The assessee is a...
![Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/house-property-USA-exemption-Assessee-Taxscan.jpg "Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]")
GSTN enables generating system computed Liability for GSTR-3B, on the basis of GSTR-1 filed by the Taxpayers
The Goods and Services Tax Network ( GSTN ) has enabled the System computed GSTR-3B (Table-3 for liabilities) on the basis of GSTR-1 filed by taxpayers now available on the GST portal for monthly...
Tribunal not justified in allowing claim of Interest from deposits without considering terms and conditions of the agreement: Karnataka HC
The Karnataka High Court held that the tribunal was justified in not allowing the claim of interest from the deposits made by the appellant without considering the terms and conditions of the...
Assets brought into existence for enduring benefit of business to be treated as Capital Expenditure & not Revenue Expenditure: Karnataka HC
The Karnataka High Court while upholding the order of the tribunal held that asset was brought into existence for the enduring benefit of the business and therefore, the same has to be treated as...
GST: Penalty can’t be levied on Nani Resorts & Floriculture for denying benefit of ITC to Flat purchaser, says NAA [Read Order]
The National Anti-Profiteering Authority (NAA) found M/s Nani Resorts & Floriculture Private Limited guilty of profiteering but did not impose the penalty for denying the benefit of Input Tax...
![GST: Penalty can’t be levied on Nani Resorts & Floriculture for denying benefit of ITC to Flat purchaser, says NAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/NAA-Nani-Resorts-Floriculture-flat-Taxscan.jpg "GST: Penalty can’t be levied on Nani Resorts & Floriculture for denying benefit of ITC to Flat purchaser, says NAA [Read Order]")