Bitcoin Tax notices sent to Spanish Residents despite the Global pandemic and crisis
Bitcoin is one of the major methods of payment in the whole country. Once the brand new and modern payment method has now become one of the common...
![CBIC issues circular regarding clearance of goods under ITA without Original CoO [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/12/CBIC.jpg "CBIC issues circular regarding clearance of goods under ITA without Original CoO [Read Circular]")
![Malafide Intention can’t be attributed based on Mere Assumptions to deny Cenvat Credit : Punjab and Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/10/CENVAT-Credit-Taxscan.jpg "Malafide Intention can’t be attributed based on Mere Assumptions to deny Cenvat Credit : Punjab and Haryana HC [Read Judgment]")
![RBI revises facilities to Hedge Foreign Exchange Risk under FEMA [Read Circular]](https://www.taxscan.in/wp-content/uploads/2019/11/Foreign-Exchange-ITAT-Taxscan.jpg "RBI revises facilities to Hedge Foreign Exchange Risk under FEMA [Read Circular]")
Accumulation of Income by Society should be for Specific Purpose, Failure would attract Income Tax: Punjab and Haryana HC [Read Judgment]
The High Court of Punjab and Haryana held that the amount accumulation by the society in excess of 15% must be for a specific purpose and not for the other future aims and objects for the purpose of...
![Accumulation of Income by Society should be for Specific Purpose, Failure would attract Income Tax: Punjab and Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Fake-Invoice-Punjab-Haryana-High-Court-Taxscan.jpg "Accumulation of Income by Society should be for Specific Purpose, Failure would attract Income Tax: Punjab and Haryana HC [Read Judgment]")
Tax Paid on Procurement of Goods/Services for Installation of Chillers, AHU, Lifts, WTP, STP, MLCP, CCTV, etc. is regarded as Blocked Credits: AAAR [Read Order]
The Karnataka Appellate Authority for Advance Ruling (AAAR) upheld the order passed by the Authority of Advance Ruling (AAR) on the tax paid on procurement of goods or services for installation of...
![Tax Paid on Procurement of Goods/Services for Installation of Chillers, AHU, Lifts, WTP, STP, MLCP, CCTV, etc. is regarded as Blocked Credits: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-4-2-1.jpg "Tax Paid on Procurement of Goods/Services for Installation of Chillers, AHU, Lifts, WTP, STP, MLCP, CCTV, etc. is regarded as Blocked Credits: AAAR [Read Order]")
CESTAT Larger Bench to decide on Set Off of Redemption Fine and Penalty from Sale Proceedings after Confiscation
A two-judge bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi bench has recently referred an issue to the Larger bench where the bench would decide whether the redemption...
