New Regulatory for ICAI, ICSI & ICWAI on the Cards
After the implementation of the auditor’s regulator National Financial Reporting Authority (NFRA), the Government is now looking to discipline the...
![GST Provision denying credit of Excise Duty paid on Capital Goods in Transit as on 1st July 2017 is Valid: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Gujarat-High-Court-Tax-Scan.jpg "GST Provision denying credit of Excise Duty paid on Capital Goods in Transit as on 1st July 2017 is Valid: Gujarat HC [Read Judgment]")
![Certificate for TDS/ TCS at Lower Rate to be applied Online: CBDT amends Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/02/CBDT-Taxscan.jpg "Certificate for TDS/ TCS at Lower Rate to be applied Online: CBDT amends Income Tax Rules [Read Notification]")
![Goods can’t be treated as ‘Smuggled’ in the absence of Books of Accounts, IT or Sales Tax Registartion: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Confiscate-Goods-Taxscan.jpg "Goods can’t be treated as ‘Smuggled’ in the absence of Books of Accounts, IT or Sales Tax Registartion: Bombay HC [Read Judgment]")
![GST: CBIC prescribes Procedure for Return of Time Expired Drugs or Medicines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/10/Drugs-GST-Taxscan.jpg "GST: CBIC prescribes Procedure for Return of Time Expired Drugs or Medicines [Read Circular]")
![Rent from Warehouse facilities is Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Rent-Warehouse-Business-Income-Taxscan.jpg "Rent from Warehouse facilities is Business Income: ITAT [Read Order]")
![GST: Punjab and Haryana HC orders to release detained Goods on Furnishing Security [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Furnishing-Security-GST-Taxscan.jpg "GST: Punjab and Haryana HC orders to release detained Goods on Furnishing Security [Read Order]")
Certification Service by Chartered Accountant exempted from Service Tax till 2006: CESTAT [Read Order]
The Hyderabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has held that the certification services rendered by the Chartered Accountant is not subject to Service Tax till...
![Certification Service by Chartered Accountant exempted from Service Tax till 2006: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Chartered-Accountant-Audit-Taxscan.jpg "Certification Service by Chartered Accountant exempted from Service Tax till 2006: CESTAT [Read Order]")
![GST: Due Date for Filing Two Returns Extended [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2018/01/GST-Council-GST-Returns.jpg "GST: Due Date for Filing Two Returns Extended [Read Notifications]")
Income Tax Benefit for Compulsory Acquisition of Land can’t be denied merely because sale price was fixed through a Negotiated Settlement: ITAT [Read Order]
The Cochin bench of the Income Tax Appellate Tribunal (ITAT) has held that the department cannot deny the benefit of Section 10(37) of the Income Tax Act on compulsory acquisition of land merely for...
![Income Tax Benefit for Compulsory Acquisition of Land can’t be denied merely because sale price was fixed through a Negotiated Settlement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Compulsory-Acquisition-Taxscan.jpg "Income Tax Benefit for Compulsory Acquisition of Land can’t be denied merely because sale price was fixed through a Negotiated Settlement: ITAT [Read Order]")
Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) reversed the decision of lower appellate authority in restricting the deduction under Section 54 of Income Tax Act regarding investment made...
![Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Residential-Property-ITAT-Taxscan.jpg "Sec 54 Benefit allowable for Investment made in New Residential Property within One year before Sale of Old Asset: ITAT [Read Order]")