![Re-Assessment Notice Issued without Application of Mind can’t be cured by invoking Sec 292B: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/12/Notice-Taxscan.jpg "Re-Assessment Notice Issued without Application of Mind can’t be cured by invoking Sec 292B: Bombay HC [Read Judgment]")
Re-Assessment Notice Issued without Application of Mind can’t be cured by invoking Sec 292B: Bombay HC [Read Judgment]
The Bombay High Court has held that re-assessment notice issued with non-application of mind cannot be rectified by invoking Section 292B of the...
![Semi-Finished Granules, Extracts and Oils Produced by Himalaya are not subject to Excise Duty as they are not Marketable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Himalaya-Taxscan.jpg "Semi-Finished Granules, Extracts and Oils Produced by Himalaya are not subject to Excise Duty as they are not Marketable: CESTAT [Read Order]")
![No TDS since Amount paid to RMCs by Tour Operators for Purchase of Foreign Currency cannot be treated as Commission: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Tour-Operators-Service-Tax-Taxscan.jpg "No TDS since Amount paid to RMCs by Tour Operators for Purchase of Foreign Currency cannot be treated as Commission: ITAT [Read Order]")
Franchise Fee paid by Kolkata Knight Riders to BCCI is Revenue Expenditure: ITAT Allows Deduction [Read Order]
Payment of Franchise Fee by Kolkata Knight Riders to the Board of Control for Cricket in India (BCCI) would constitute revenue expenditure for the purpose of allowing Income tax deduction, said Mumbai...
![Franchise Fee paid by Kolkata Knight Riders to BCCI is Revenue Expenditure: ITAT Allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Kolkata-Knight-Riders-Taxscan.jpg "Franchise Fee paid by Kolkata Knight Riders to BCCI is Revenue Expenditure: ITAT Allows Deduction [Read Order]")
Breaking: Govt Notifies Electoral Bond Scheme allowing Political Donor to Purchase Bonds from Authorized Banks [Read Notification]
The Central Government, on Wednesday notified the Electrical Bond Scheme which facilitates political donors to buy these bonds by making payments digitally or through cheque and then can gift the same...
![Breaking: Govt Notifies Electoral Bond Scheme allowing Political Donor to Purchase Bonds from Authorized Banks [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/06/Finance-Ministry-Tax-Scan.jpg "Breaking: Govt Notifies Electoral Bond Scheme allowing Political Donor to Purchase Bonds from Authorized Banks [Read Notification]")
No Service Tax on Chhatisgarh Housing Board for Construction Works done through Contractors: CESTAT [Read Order]
The CESTAT, Delhi bench has held that the Chhatisgarh Housing Board cannot be made liable for service tax for the construction activities carried through contractors. The appellants were asked to pay...
![No Service Tax on Chhatisgarh Housing Board for Construction Works done through Contractors: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg "No Service Tax on Chhatisgarh Housing Board for Construction Works done through Contractors: CESTAT [Read Order]")
Bank’s Statutory Auditor’s Certificate mandatory for Waiver of Charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/- [Read Notification]
The Central Government today notified that in case of waiver of charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/-, it is necessary to submit certificate from Bank’s Statutory Auditor...
‘Radio Taxi’ Operators Not Liable to pay Service Tax on services rendered to Corporate Clients: Delhi CESTAT [Read Order]
The Delhi bench of the CESTAT today held that the services rendered by a radio taxi business wherein the invoices are directly raised on the corporate clients would not be subject to service tax under...
![‘Radio Taxi’ Operators Not Liable to pay Service Tax on services rendered to Corporate Clients: Delhi CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Radio-Taxi-Taxscan.jpg "‘Radio Taxi’ Operators Not Liable to pay Service Tax on services rendered to Corporate Clients: Delhi CESTAT [Read Order]")
Income Tax Dept to Request Restoration of Struck Off Companies against whom Demand is Pending [Read Letter]
In a recent missive, the Central Board of Direct Taxes (CBDT) directed the Income Tax Department to to file request for restoration of struck off companies against whom assessment, penalty, appellate,...
![Income Tax Dept to Request Restoration of Struck Off Companies against whom Demand is Pending [Read Letter]](https://www.taxscan.in/wp-content/uploads/2017/11/Strike-Off-Companies.jpg "Income Tax Dept to Request Restoration of Struck Off Companies against whom Demand is Pending [Read Letter]")
![Kolkata Metro Rail Corpn. Ltd gets Tax Relief from ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Kolkata-Metro-Rail-Taxscan.jpg "Kolkata Metro Rail Corpn. Ltd gets Tax Relief from ITAT [Read Order]")