![Service Tax leviable only on ‘Service Component’ under Tyre Retreaders’ Composite Works Contract: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Service-Tax-Service-Component-Tyre-Retreaders-Composite-Works-Contract-Karnataka-HC-taxscan.jpg "Service Tax leviable only on ‘Service Component’ under Tyre Retreaders’ Composite Works Contract: Karnataka HC [Read Order]")
Service Tax leviable only on ‘Service Component’ under Tyre Retreaders’ Composite Works Contract: Karnataka HC [Read Order]
The Karnataka High Court recently ruled that service tax under a composite works contract entered into by a tyre retreader is limited to the service...
![ITAT upholds CIT(A) Order, Dismisses Revenues Appeal Due to Lack of Merit in Disallowances [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Mumbai-Disallowances-taxscan-.jpg "ITAT upholds CIT(A) Order, Dismisses Revenues Appeal Due to Lack of Merit in Disallowances [Read Order]")
![ITAT quashes Penalty u/s 271B, Holds Reasonable Cause for Delay in Tax Audit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Tax-Audit-2.jpg "ITAT quashes Penalty u/s 271B, Holds Reasonable Cause for Delay in Tax Audit [Read Order]")
![Delhi High Court quashes GST Show Cause Notices Against Electricity Regulatory Commissions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-GST-GST-Show-Cause-Notices-Electricity-Regulatory-Commissions-Delhi-HC-Central-Electricity-Regulatory-Commission-Delhi-Electricity-Regulatory-Commission-Taxscan.jpg "Delhi High Court quashes GST Show Cause Notices Against Electricity Regulatory Commissions [Read Order]")
![ITAT quashes AO’s Rs. 57.03 Lakh Cash Deposit Addition & Penalty, Grants Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Lucknow-Income-tax-Income-Tax-News-ITAT-quashes-penalty-Taxscan.jpg "ITAT quashes AO’s Rs. 57.03 Lakh Cash Deposit Addition & Penalty, Grants Fresh Hearing [Read Order]")
ITAT Remands Case to Assessing Officer for Fresh Adjudication Due to Lack of Reasonable Opportunity [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has remanded a case back to the Assessing Officer (AO) for fresh adjudication, citing a lack of reasonable opportunity...
![ITAT Remands Case to Assessing Officer for Fresh Adjudication Due to Lack of Reasonable Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Remands-Case-Remands-Case-Assessing-Officer-Fresh-Adjudication-Lack-of-Reasonable-Opportunity-Reasonable-Opportunity-taxscan.jpg "ITAT Remands Case to Assessing Officer for Fresh Adjudication Due to Lack of Reasonable Opportunity [Read Order]")
Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]
In a recent case, the Delhi High Court has held that the fees paid by IPR law firm Remfry & Sagar to acquire the goodwill of the founder is a business expense and are deductible under Section 37...
![Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Remfry-Sagar-Delhi-High-Court-Income-Tax-Act-taxscan.jpg "Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]")
Dept cannot Invoke Extended Period of Limitation merely because Returns were Self-Assessed: CESTAT [Read Order]
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has stated that the department cannot invoke the extended period of limitation merely because the returns were...
![Dept cannot Invoke Extended Period of Limitation merely because Returns were Self-Assessed: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-Self-Assessed-invoke-extended-period-taxscan.jpg "Dept cannot Invoke Extended Period of Limitation merely because Returns were Self-Assessed: CESTAT [Read Order]")
Rejection of S.12AB Registration Due to Failure to Provide Documents: ITAT Restores Matter to CIT(E) [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)restored the matter to the Commissioner of Income Tax(Exemption)[CIT(E)] after the rejection of the Section 12AB registration application under...
![Rejection of S.12AB Registration Due to Failure to Provide Documents: ITAT Restores Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Rejection-of-S.12AB-Registration-ITAT-ITAT-Restores-Matter-CIT-Income-tax-Income-tax-news-ITAT-news-ITAT-INDIA-ITAT-Mumbai-section-12AB-Taxscan.jpg "Rejection of S.12AB Registration Due to Failure to Provide Documents: ITAT Restores Matter to CIT(E) [Read Order]")
Failure to Notify Investment in Biocon Biologics u/s 6(2) of Competition Act: CCI Imposes ₹40 Lakh Penalty on Goldman Sachs [Read Order]
The Competition Commission of India (CCI) has penalized imposed ₹40 lakh penalty on Goldman Sachs for failure to notify investment in Biocon Biologics under Section 6(2) of the Competition Act,...
![GAR-7 Challan in Head Office’s Name not a valid Reason to Deny Credit: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-CESTAT-Ahmedabad-GAR-7-Challan-Taxscan.jpg "GAR-7 Challan in Head Office’s Name not a valid Reason to Deny Credit: CESTAT [Read Order]")