![Madras HC Quashes Order rejecting Settlement Application for not Disclosing Refund granted due to failure of Chartered Accountant [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Settlement-Application-Madras-High-Court-Taxscan.jpg "Madras HC Quashes Order rejecting Settlement Application for not Disclosing Refund granted due to failure of Chartered Accountant [Read Judgment]")
Madras HC Quashes Order rejecting Settlement Application for not Disclosing Refund granted due to failure of Chartered Accountant [Read Judgment]
The Madras High Court in Dr Prathap Chandra Reddy v. Income Tax Settlement Commission has set aside an order rejecting Settlement Application for not...
![VAT Return can be revised to Correct Bonafide Errors even though Penalty proceeds were Initiated: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/VAT-Return-Kerala-High-Court-Taxscan.jpg "VAT Return can be revised to Correct Bonafide Errors even though Penalty proceeds were Initiated: Kerala HC [Read Judgment]")
![Account Holder must prove that Money Deposited in the Joint Account belongs to Another Account Holder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Money-Deposited-Taxscan.jpg "Account Holder must prove that Money Deposited in the Joint Account belongs to Another Account Holder: ITAT [Read Order]")
![Agreement to Sell Witnessed and Signed by Persons Can’t be treated as a Sham Document: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Agreement-Taxscan.jpg "Agreement to Sell Witnessed and Signed by Persons Can’t be treated as a Sham Document: ITAT [Read Order]")
![IBBI: Govt. notifies Procedures for Home Buyers under Insolvency Proceedings [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/05/IBBI-Taxscan.jpg "IBBI: Govt. notifies Procedures for Home Buyers under Insolvency Proceedings [Read Notification]")
Cabinet approves renewal of MoU between ICAI and Saudi Organisation for Certified Public Accountants
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) signed in 2014 and approval for renewal of MoU between the...
Payment by ONGC for Gulf Piping Not Taxable though Situs of Contract was in India: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) in M/s ONGC Ltd v. DCIT (International Taxation) held that the payment made by the ONGC towards Gulf piping is not taxable in India as per the...
![Payment by ONGC for Gulf Piping Not Taxable though Situs of Contract was in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ONGC-Taxscan.jpg "Payment by ONGC for Gulf Piping Not Taxable though Situs of Contract was in India: ITAT [Read Order]")
Income derived from Toddy Tapping is Agricultural Produce, Subject to Tax Deduction: Kerala HC [Read Judgment]
The Kerala High Court in the decision of M/S. Kuthuparamba Range v. The Commissioner of Income Tax held that income derived from tapping and vending of toddy shall be categorized as agricultural...
![Income derived from Toddy Tapping is Agricultural Produce, Subject to Tax Deduction: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Toddy-Tapping-Taxscan.jpg "Income derived from Toddy Tapping is Agricultural Produce, Subject to Tax Deduction: Kerala HC [Read Judgment]")
Confiscation and Penalty can’t be Imposed Merely on Ground that Importer of ‘Arms’ was not a 'Renowned' Shooter: CESTAT [Read Order]
The Mumbai bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) in Nishant Sanjay Ghogare v. Commissioner of Customs, Airport, Mumbai, set aside an order for confiscation and penalty...
![Confiscation and Penalty can’t be Imposed Merely on Ground that Importer of ‘Arms’ was not a Renowned Shooter: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Confiscation-Taxscan.jpg "Confiscation and Penalty can’t be Imposed Merely on Ground that Importer of ‘Arms’ was not a Renowned Shooter: CESTAT [Read Order]")
Credit allowable on Welding Electrodes used for Repair and Maintenance of Machineries: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), Hyderabad bench recently held that cenvat credit is available in respect of welding electrodes used for Repair and Maintenance of...
![Credit allowable on Welding Electrodes used for Repair and Maintenance of Machineries: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Welding-Electrode-Taxscan.jpg "Credit allowable on Welding Electrodes used for Repair and Maintenance of Machineries: CESTAT [Read Order]")
Society not Eligible to Tax Exemption If Fund was used for providing Scholarships to Students to satisfy Business Needs of Another Entity: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) in Commitment Mortality Vision Education Society v. ACIT, held that a society is not eligible to claim tax benefit under the Income Tax...
![Society not Eligible to Tax Exemption If Fund was used for providing Scholarships to Students to satisfy Business Needs of Another Entity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Scholarship-Taxscan.jpg "Society not Eligible to Tax Exemption If Fund was used for providing Scholarships to Students to satisfy Business Needs of Another Entity: ITAT [Read Order]")