![GST: ITC can be Proportionally claimed on Goods/Services used in Installation of Renewable Power Generation Plant under the ‘REC Scheme, says AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/GST-ITC-Proportionally-claimed-Goods-Services-Installation-Renewable-Power-Generation-Plant-REC-Scheme-AAR-Taxscan.jpg "GST: ITC can be Proportionally claimed on Goods/Services used in Installation of Renewable Power Generation Plant under the ‘REC Scheme, says AAR [Read Order]")
GST: ITC can be Proportionally claimed on Goods/Services used in Installation of Renewable Power Generation Plant under the ‘REC Scheme, says AAR [Read Order]
The Tamil Nadu Authority of Advance Ruling (AAR) ruled that Input Tax Credit can be proportionately claimed on Goods/Services used in installation of...
![GST: Activity of bodybuilding on Truck Chassis is a Supply of Service, rules AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/GST-Activity-body-building-Truck-Chassis-Supply-of-Service-rules-AAR-Taxscan.jpeg "GST: Activity of bodybuilding on Truck Chassis is a Supply of Service, rules AAR [Read Order]")
![GST: Tobacco manufactured used for ‘Chewing’ not classifiable as ‘Unmanufactured Tobacco’, says AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/GST-Tobacco-manufactured-Chewing-classifiable-Unmanufactured-Tobacco-AAAR-Taxscan.jpeg "GST: Tobacco manufactured used for ‘Chewing’ not classifiable as ‘Unmanufactured Tobacco’, says AAAR [Read Order]")
![Consideration received on Bandwidth Services provided outside India is not taxable as ‘Royalty’ under India-Singapore Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Consideration-Bandwidth-services-taxable-Royalty-India-Singapore-Tax-Treaty-ITAT-Taxscan.jpeg "Consideration received on Bandwidth Services provided outside India is not taxable as ‘Royalty’ under India-Singapore Tax Treaty: ITAT [Read Order]")
![MCA eases Private Placement Norms for qualified Institutional Buyers [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/private-placement-norms-MCA-qualified-institutional-buyers-institutional-buyers-Taxscan.jpg "MCA eases Private Placement Norms for qualified Institutional Buyers [Read Notification]")
Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the usage of fund cannot be the reason to impose tax liability. The assessee filed his return of income for the assessment year...
![Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Tax-Liability-Usage-Fund-Income-impose-Tax-Liability-Capital-Asset-Other-Income-Taxscan.jpg "Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]")
![Govt. notifies GST Exemption on Satellite launch services to encourage domestic launch [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Government-scraps-18-GST-Satellite-launch-services-encourage-domestic-launch-Taxscan.jpeg "Govt. notifies GST Exemption on Satellite launch services to encourage domestic launch [Read Notification]")
Ammunition, Explosives, and Hazardous Goods are liable to Confiscation under Section 110 in the Customs Act, 1962: CBIC [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified the insertion of the words Ammunition, Explosives, and Hazardous Goods to the notification No. 31/86-Cus, dated the 5th February, 1986....
![Ammunition, Explosives, and Hazardous Goods are liable to Confiscation under Section 110 in the Customs Act, 1962: CBIC [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Ammunition-Explosives-Hazardous-Goods-Confiscation-Customs-Act-1962-CBIC-Taxscan.jpeg "Ammunition, Explosives, and Hazardous Goods are liable to Confiscation under Section 110 in the Customs Act, 1962: CBIC [Read Notification]")
![CBIC issues directions for Testing Outside Samples by Revenue Laboratories [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/10/CBIC-Testing-Outside-Samples-Revenue-Laboratories-Taxscan.jpg "CBIC issues directions for Testing Outside Samples by Revenue Laboratories [Read Circular]")
Nirmala Sitharaman attends Plenary Meeting of the International Monetary and Financial Committee of the IMF
The Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman today attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC), the ministerial-level...
