![No Deemed Dividend If Assessee is not a Shareholder in Payer Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "No Deemed Dividend If Assessee is not a Shareholder in Payer Company: ITAT [Read Order]")
No Deemed Dividend If Assessee is not a Shareholder in Payer Company: ITAT [Read Order]
The New Delhi bench of ITAT in the case of Mr. Tushar Kothari vs. DCIT held that the provisions of deemed dividend would not attract if assessee was...
![Society running several Educational Institutions should show Annual Receipts of Each Institutions Separately for Tax Exemption: J&K HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/07/Educational-Institution.jpg "Society running several Educational Institutions should show Annual Receipts of Each Institutions Separately for Tax Exemption: J&K HC [Read Judgment]")
![Software supplied Separately for Retrieval and Monitoring of Data are not part of Device for Levy of Excise Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Software-Taxscan.jpg "Software supplied Separately for Retrieval and Monitoring of Data are not part of Device for Levy of Excise Duty: CESTAT [Read Order]")
![Concept of Unjust Enrichment applicable for Export of Service: CESTAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Export-Service-Taxscan.jpg "Concept of Unjust Enrichment applicable for Export of Service: CESTAT Delhi [Read Order]")
Penal Interest can’t be Levied under Tamil Nadu Tax on Luxuries Act, 1981 since there is lack of Provision: Madras HC [Read Judgment]
While hearing the case between Tvl.Hotel Peacock vs. The Commercial Tax Officer, Madras High Court proclaimed in its recent order that penal interest can’t be levied under Tamil Nadu Tax on Luxuries...
![Gujarat Exempts Intra-State Supply of Goods except 19 Items from E-Way Bill [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/Intra-State-Supply-Taxscan.jpg "Gujarat Exempts Intra-State Supply of Goods except 19 Items from E-Way Bill [Read Notification]")
Use of Family Name would not Amount to the Use of Brand Name of Third Parties: CESTAT Allows SSI Exemption [Read Order]
In the case of M/s Rastogi Furnishers & Decorators P. Ltd vs Commissioner of Central Excise(CCE), Customs, Excise & Service Tax Appellate Tribunal held that the use of family name would not...
![Use of Family Name would not Amount to the Use of Brand Name of Third Parties: CESTAT Allows SSI Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/SSI-Exemption-Taxscan.jpg "Use of Family Name would not Amount to the Use of Brand Name of Third Parties: CESTAT Allows SSI Exemption [Read Order]")
Income from Share Transactions is Taxable as ‘Capital Gain’ if the ‘Initial Intention’ of assessee was to make Investment: ITAT [Read Order]
The Kolkata bench of the ITAT, while considering the case of I.T.O, Wd-12(1), Kolkata Vs. M/s Nupur Carpets Pvt. Ltd, held that the income from share transactions is taxable as “capital gain” under...
![Income from Share Transactions is Taxable as ‘Capital Gain’ if the ‘Initial Intention’ of assessee was to make Investment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Investment-Taxscan.jpg "Income from Share Transactions is Taxable as ‘Capital Gain’ if the ‘Initial Intention’ of assessee was to make Investment: ITAT [Read Order]")
Interest u/s 234 for Default in Payment of Advance Tax to be Levied till date of Passing Revisional order: Kerala HC [Read Judgment]
While hearing the case of Commissioner of Income Tax vs M/s Baby Marine Exports, the High Court of Kerala held that if refund of advance tax is made but re-assessment leads to determination of...
![Interest u/s 234 for Default in Payment of Advance Tax to be Levied till date of Passing Revisional order: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Advance-Tax-Taxscan.jpg "Interest u/s 234 for Default in Payment of Advance Tax to be Levied till date of Passing Revisional order: Kerala HC [Read Judgment]")
No Double Taxation on Levy of Stamp Duty on Copies of the Instruments executed Outside Maharashtra: Bombay HC [Read Judgment]
While upholding the provisions of the Bombay Stamp Act, 1958, a division bench of the Bombay High Court held that imposing of stamp duty on copies of the Instruments executed outside Maharashtra would...
Revocation of Customs Broker License is too grave for Non-Declaration of details of Imported Goods in Bill of Entry: CESTAT [Read Order]
A division bench of New Delhi CESTAT, in M/s KVS Cargo v. Commissioner of Customs (Gen) New Delhi, held that revocation of Customs Broker license is too grave for non-declaration of details of...
![Revocation of Customs Broker License is too grave for Non-Declaration of details of Imported Goods in Bill of Entry: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Customs-Broker-License-Taxscan.jpg "Revocation of Customs Broker License is too grave for Non-Declaration of details of Imported Goods in Bill of Entry: CESTAT [Read Order]")