![Depreciation allowable on Genuine Goodwill: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Depreciation allowable on Genuine Goodwill: ITAT [Read Order]")
Depreciation allowable on Genuine Goodwill: ITAT [Read Order]
A Special Bench of the Income Tax Appellate Tribunal ( ITAT ), Delhi has held that the goodwill is an intangible asset which falls under the...
![Withdrawal of Discount by supplier doesnt amount to Pay: NAA dismisses Profiteering Charges against Flipkart [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Flipkart-Tax-Scan.jpg "Withdrawal of Discount by supplier doesnt amount to Pay: NAA dismisses Profiteering Charges against Flipkart [Read Order]")
![CESTAT upholds Service Tax Demand on TCS [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/TCS-Taxscan.jpg "CESTAT upholds Service Tax Demand on TCS [Read Order]")
![CBDT Revises Form 3CD: To mine GST Data to check Tax Evasion [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/10/Form-26AS-CBDT-Taxscan.jpg "CBDT Revises Form 3CD: To mine GST Data to check Tax Evasion [Read Notification]")
![Date of Full Payment, not Date in Registered Document can be treated as Date of Acquisition for determining Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Date of Full Payment, not Date in Registered Document can be treated as Date of Acquisition for determining Capital Gain: ITAT [Read Order]")
Loss of Security Deposit towards Rented Premises Deductible as Business Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Delhi bench held that the loss of the amount of security deposit paid to landlord towards rented premises is deductible as ‘ Business Loss ’ under the Income...
![Loss of Security Deposit towards Rented Premises Deductible as Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Business-Loss-Taxscan.jpg "Loss of Security Deposit towards Rented Premises Deductible as Business Loss: ITAT [Read Order]")
No Deduction allowable If Employer omitted to remit Employees’ contribution to EPF within Statutory Due Date: Kerala HC [Read Judgment]
The Kerala High Court in the case of M/s. Popular Vehicles & Services Pvt. Ltd. v. The Commissioner of Income Tax held that no deduction would be allowable if the employer omitted to remit...
![No Deduction allowable If Employer omitted to remit Employees’ contribution to EPF within Statutory Due Date: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/EPF-Kerala-High-Court-Taxscan.jpg "No Deduction allowable If Employer omitted to remit Employees’ contribution to EPF within Statutory Due Date: Kerala HC [Read Judgment]")
Credit available for Service Tax paid on Courier Services for Sending Free Samples to Foreign Buyers: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) in Raj Petro Specialities Pvt. Ltd v. Pr. Commissioner of GST & Central Excise, held that the Cenvat Credit is allowable on  the...
![Credit available for Service Tax paid on Courier Services for Sending Free Samples to Foreign Buyers: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Free-Samples-Taxscan.jpg "Credit available for Service Tax paid on Courier Services for Sending Free Samples to Foreign Buyers: CESTAT [Read Order]")
![Professional Fee paid for Product Development is Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Professional-Fee-Business-Expenditure-Taxscan.jpg "Professional Fee paid for Product Development is Business Expenditure: ITAT [Read Order]")
Contributions can’t be treated as ‘Anonymous’ If Name and Address of the Contributor is Available: ITAT [Read Order]
The Agra bench of the Income Tax Appellate Tribunal ( ITAT ) in Dhirendra Pal Singh Institute of Higher Education v. JCIT held that the contributions cannot be treated as ‘anonymous’ if the assessee...
![Contributions can’t be treated as ‘Anonymous’ If Name and Address of the Contributor is Available: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Contribution-Taxscan.jpg "Contributions can’t be treated as ‘Anonymous’ If Name and Address of the Contributor is Available: ITAT [Read Order]")