Govt. enters Agreement with 130 Countries on Money Laundering Information
The Government of India has entered into Double Taxation Avoidance Agreements (DTAAs), Tax Information Exchange Agreements (TIEAs) and Multilateral...
![ITAT deletes Re-Assessment since Revenue couldn’t establish that Escapement of Income was due to failure of Full and True Material Facts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "ITAT deletes Re-Assessment since Revenue couldn’t establish that Escapement of Income was due to failure of Full and True Material Facts: ITAT [Read Order]")
Remitted Portion of the Sales Tax can’t be included in Assessable Value since VAT is paid actually at the time of Removal of Goods: CESTAT [Read Order]
Delhi CESTAT in the case of M/s Ultratech Cement vs. CCE, Jaipur-I ruled that remitted portion of the sales tax cannot be included in assessable value since VAT is paid actually at the time of removal...
![Remitted Portion of the Sales Tax can’t be included in Assessable Value since VAT is paid actually at the time of Removal of Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/VAT-Taxscan.jpg "Remitted Portion of the Sales Tax can’t be included in Assessable Value since VAT is paid actually at the time of Removal of Goods: CESTAT [Read Order]")
Telangana Corrugators Development Trust is a Public Charitable Trust Eligible for Tax Exemption: ITAT [Read Order]
Hyderabad bench of ITAT ruled that Telangana Corrugators Development Trust is a public charitable trust eligible for Tax Exemption. It is held so in the case of Telangana Corrugators Development Trust...
![Telangana Corrugators Development Trust is a Public Charitable Trust Eligible for Tax Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Telangana Corrugators Development Trust is a Public Charitable Trust Eligible for Tax Exemption: ITAT [Read Order]")
No Addition since Assessment was framed by the AO on Non-Existent Amalgamated Company, not on the Amalgamating Company: ITAT [Read Order]
In the case of Genpact Infrastructure (Bhopal) Pvt. Ltd, Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently held that addition cannot be made since the assessment framed by the Assessing...
![No Addition since Assessment was framed by the AO on Non-Existent Amalgamated Company, not on the Amalgamating Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "No Addition since Assessment was framed by the AO on Non-Existent Amalgamated Company, not on the Amalgamating Company: ITAT [Read Order]")
![Penalty u/s 271AAA can’t be Levied since No Search had Taken Place: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty u/s 271AAA can’t be Levied since No Search had Taken Place: ITAT [Read Order]")
ITAT Confirms Addition on Account of Purchases made from Grey Market since Assessee Failed to Produce Evidence on Transportation of Goods [Read Order]
Mumbai bench of ITAT confirmed the addition on account of purchases made from Grey Market since Assessee failed to establish with necessary evidence regarding transportation of goods. On...
![ITAT Confirms Addition on Account of Purchases made from Grey Market since Assessee Failed to Produce Evidence on Transportation of Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Grey-Market-Taxscan.jpg "ITAT Confirms Addition on Account of Purchases made from Grey Market since Assessee Failed to Produce Evidence on Transportation of Goods [Read Order]")
