![ITAT rules Section 115JB Inapplicable to SBI for AY 2006-07, Exempts Banks from MAT Provisions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Mumbai-Section-115JB-of-Income-Tax-Act-Income-Tax-Act-TAXSCAN.jpg "ITAT rules Section 115JB Inapplicable to SBI for AY 2006-07, Exempts Banks from MAT Provisions [Read Order]")
ITAT rules Section 115JB Inapplicable to SBI for AY 2006-07, Exempts Banks from MAT Provisions [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), provided relief to the State Bank of India (SBI) in an appeal concerning the...
![GST Portal Notice Insufficient, Assessee gets relief from Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/GST-Portal.jpg "GST Portal Notice Insufficient, Assessee gets relief from Madras HC [Read Order]")
![ITAT rules Pre-Possession Fit-Out Expenses as Cost of Improvement for Capital Gains Calculations [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Pre-Possession-Fit-Out-Expenses-Capital-Gains-Pre-Possession-Fit-Out-Expenses-itat-mumbai-taxscan.jpg "ITAT rules Pre-Possession Fit-Out Expenses as Cost of Improvement for Capital Gains Calculations [Read Order]")
![Operational Creditor can only Trigger CIRP on Default in Payment: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Operational-Creditor-Trigger-CIRP-Default-in-Payment-NCLAT-CIRP-on-Default-in-Payment-taxscan.jpg "Operational Creditor can only Trigger CIRP on Default in Payment: NCLAT [Read Order]")
![Renting of Immovable Property subject to Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Renting-of-Immovable-Property-Service-Tax-CESTAT-taxscan.jpg "Renting of Immovable Property subject to Service Tax: CESTAT [Read Order]")
Impersonation of Shri Narendra Lal Meena in SSC Exam: GST Pr. Commissioner Terminates from post of CGST Inspector [Read Notification]
The Jaipur Principal Commissioner of Central Goods and Service Tax (CGST) terminated the services of an inspector Shri Narendra Lal Meenafor, whom an impersonator appeared in the SSC exam. ...
![Impersonation of Shri Narendra Lal Meena in SSC Exam: GST Pr. Commissioner Terminates from post of CGST Inspector [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/CGST-inspector-terminated.jpeg "Impersonation of Shri Narendra Lal Meena in SSC Exam: GST Pr. Commissioner Terminates from post of CGST Inspector [Read Notification]")
Telangana Excise Confiscates Ice Cream and Candies Containing Cannabis During Holi Festival [Read Order]
During Hyderabad's Holi festivities, the Telangana Excise Enforcement Special Task Force (STF) discovered on Friday that kulfi ice cream and cannabinoid-laced candies were being sold illegally. A...
Refundable Amount Deposited as Service Tax cannot ber Treated as Pre-Deposit u/s 35F Central Excise Act: CESTAT [Read Order]
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has declared that, as per Section 35F of the Central Excise Act of 1944, the sum submitted as service tax—if...
![Refundable Amount Deposited as Service Tax cannot ber Treated as Pre-Deposit u/s 35F Central Excise Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Amount-Deposit-Service-Tax-Refundable-Amount-Pre-Deposit-Section-35F-Central-Excise-Act-Central-Excise-Act-CESTAT-taxscan.jpg "Refundable Amount Deposited as Service Tax cannot ber Treated as Pre-Deposit u/s 35F Central Excise Act: CESTAT [Read Order]")
Faulty Income Tax Assessment: ITAT Quashes Addition and Penalty against 82 Years Old Senior Citizen [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) quashed the tax addition and penalty imposed on an 82-year-old senior citizen citing faulty assessment and failure to consider health...
![Faulty Income Tax Assessment: ITAT Quashes Addition and Penalty against 82 Years Old Senior Citizen [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Jaipur-Income-Tax-Assessment-Penalty-against-Senior-Citizen-TAXSCAN.jpg "Faulty Income Tax Assessment: ITAT Quashes Addition and Penalty against 82 Years Old Senior Citizen [Read Order]")
Application of Section 44AD: ITAT Rules Gross Deposits Taxable at 8% for Retail Business Assessment [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the gross deposits of a retail business are taxable at 8% under Section 44AD of the Income Tax Act, 1961, rather than treating...
![Application of Section 44AD: ITAT Rules Gross Deposits Taxable at 8% for Retail Business Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/TAT-ITAT-Jaipur-Section-44AD-of-Income-Tax-Act-Retail-Business-Tax-Assessment-TAXSCAN.jpg "Application of Section 44AD: ITAT Rules Gross Deposits Taxable at 8% for Retail Business Assessment [Read Order]")
![CESTAT Weekly Round-Up [Mar 09 to Mar 16, 2025]](https://www.taxscan.in/wp-content/uploads/2025/03/CESTAT-CESTAT-Updates-Excise-and-Customs-Customs-case-updates-TAXSCAN.jpg "CESTAT Weekly Round-Up [Mar 09 to Mar 16, 2025]")