![CBIC allows Auto Let Export Order under Express Cargo Clearance System [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/Express-Cargo-Clearance-System-CBIC-Let-Export-Order-Taxscan.jpeg "CBIC allows Auto Let Export Order under Express Cargo Clearance System [Read Circular]")
CBIC allows Auto Let Export Order under Express Cargo Clearance System [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) allowed the Let Export Order (LEO) under Express Cargo Clearance System (ECCS) for goods...
![SEBI notifies New Provisions of Trigger date for the purpose of Creation of Segregated Portfolio [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/SEB-portfolio-taxscan.jpg "SEBI notifies New Provisions of Trigger date for the purpose of Creation of Segregated Portfolio [Read Circular]")
![CESTAT rejects Classification of Revenue in absence of any independent cogent evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/CESTAT-independent-cogent-evidence-taxscan.jpg "CESTAT rejects Classification of Revenue in absence of any independent cogent evidence [Read Order]")
AO failed to cross-examine Customs Broker as well as bank officials despite requested by assessee: Madras HC orders de novo proceedings [Read Order]
The Madras High Court while ordering the de novo proceedings said that despite a request for cross-examination of the Customs Broker as well as bank officials by the assessee, the AO failed to...
![AO failed to cross-examine Customs Broker as well as bank officials despite requested by assessee: Madras HC orders de novo proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Madras-High-Court-Technical-Customs-Broker-de-novo-proceedings-Taxscan.jpg "AO failed to cross-examine Customs Broker as well as bank officials despite requested by assessee: Madras HC orders de novo proceedings [Read Order]")
GST: Penalty can’t be levied from S3 Buildwell LL for denying benefit of ITC to Flat purchaser, says NAA [Read Order]
The National Anti-Profiteering Authority (NAA) found M/s S3 Buildwell LL Private Limited guilty of profiteering but did not impose the penalty for denying the benefit of Input Tax Credit (ITC) to...
![GST: Penalty can’t be levied from S3 Buildwell LL for denying benefit of ITC to Flat purchaser, says NAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/NAA-penalty-flat-taxscan.jpg "GST: Penalty can’t be levied from S3 Buildwell LL for denying benefit of ITC to Flat purchaser, says NAA [Read Order]")
Punjab and Haryana HC reduces Bail bond for accused floating Bogus Firms and Supply of Fake Invoices [Read Order]
The Punjab and Haryana High Court reduces the bail bond for accused floating bogus firms and the supply of fake invoices. The petitioner, Ranjit Singh was alleged of floating bogus firms and...
![Punjab and Haryana HC reduces Bail bond for accused floating Bogus Firms and Supply of Fake Invoices [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Bail-bond-Fake-Invoices-Bogus-Firms-Taxscan.jpg "Punjab and Haryana HC reduces Bail bond for accused floating Bogus Firms and Supply of Fake Invoices [Read Order]")
While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]
The Karnataka High Court quashed the order of the ITAT as it did not consider the reasoning that while computing capital gains the benefit of indexed cost of acquisition is to be considered for the...
![While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Capital-Gains-Cost-Acquisition-Karnataka-High-Court-Taxscan.jpg "While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]")
