![No Violation of Income Tax Law If Assessee utilized House Loan for Advancing Loans to others for Earning Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "No Violation of Income Tax Law If Assessee utilized House Loan for Advancing Loans to others for Earning Interest: ITAT [Read Order]")
No Violation of Income Tax Law If Assessee utilized House Loan for Advancing Loans to others for Earning Interest: ITAT [Read Order]
The Jodhpur bench of the Income Tax Appellate Tribunal (ITAT) on Friday held that there is no violation of the provisions of the Income Tax Act, 1961...
![Rule 6(3) of the Cenvat Credit Rules, 2004 does not apply to the Exempted Lending Service Which is Only a part of the Banking and Other Financial Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Cenvat-Credit-Taxscan.jpg "Rule 6(3) of the Cenvat Credit Rules, 2004 does not apply to the Exempted Lending Service Which is Only a part of the Banking and Other Financial Services: CESTAT [Read Order]")
![Rajasthan Govt. empowers Add’l & Joint Commissioners to Extend Time Limit to Conclude Inspection Proceedings under Rajasthan GST [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Rajasthan-GST-Taxscan.jpg "Rajasthan Govt. empowers Add’l & Joint Commissioners to Extend Time Limit to Conclude Inspection Proceedings under Rajasthan GST [Read Order]")
Taxability of Technical Service Charges payable to Foreign Company: Delhi HC remands matter to ITAT [Read Judgment]
In Director of Income Tax Inter. vs. M/s. Moduluft Ltd. the Delhi High Court remanded the issue, of whether Taxability of Technical Service charges payable to Foreign company would constitute business...
![Taxability of Technical Service Charges payable to Foreign Company: Delhi HC remands matter to ITAT [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Technical-Service-Charges-Delhi-High-Court-Taxscan.jpg "Taxability of Technical Service Charges payable to Foreign Company: Delhi HC remands matter to ITAT [Read Judgment]")
![Non-Filing of Form 26A before DGIT (Systems) won’t attract Addition u/s 40(a)(ia): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Non-Filing of Form 26A before DGIT (Systems) won’t attract Addition u/s 40(a)(ia): ITAT [Read Order]")
![ICAI releases FAQs on SA 570 (Revised), ‘Going Concern’ [Read FAQs]](https://www.taxscan.in/wp-content/uploads/2017/07/GST-FAQs.jpg "ICAI releases FAQs on SA 570 (Revised), ‘Going Concern’ [Read FAQs]")
Penalty under Section 271B can’t be levied for Failure to get Accounts Audited under Section 44AB: ITAT [Read Order]
In Roshini Devi vs. Income Tax Officer, the Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) held that penalty under Section 271B of the Income Tax Act, 1961 cannot be levied for non-audit...
![Penalty under Section 271B can’t be levied for Failure to get Accounts Audited under Section 44AB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty under Section 271B can’t be levied for Failure to get Accounts Audited under Section 44AB: ITAT [Read Order]")
Re-rollable Materials of Non-Prime quality to be considered as Heavy Melting Scrap, Eligible for Exemption: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) Chandigarh last week ruled that Re Rollable material, which is not of prime quality should be categorized as Heavy Melting Scrap and...
![Re-rollable Materials of Non-Prime quality to be considered as Heavy Melting Scrap, Eligible for Exemption: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/11/CESTAT-Taxscan.jpg "Re-rollable Materials of Non-Prime quality to be considered as Heavy Melting Scrap, Eligible for Exemption: CESTAT [Read Order]")
![CBDT extends term of Task Force for drafting a New Direct Tax Legislation [Read Office Order]](https://www.taxscan.in/wp-content/uploads/2018/02/CBDT-Taxscan.jpg "CBDT extends term of Task Force for drafting a New Direct Tax Legislation [Read Office Order]")