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CBEC Launches E-Sanchit: Traders can now Upload Documents Online
The Central Board of Excise and Customs (CBEC), on 20th October, has launched e-sanchit, enabling the registered persons to file documents online. ...
Denial of Exemption under s. 10B can’t be a reason for denying Benefit of s. 10A under IT Act: Kerala HC [Read Judgment]
Justices Antony Dominic and Dama Seshadri Naidu of Kerala High Court, in CIT v. M/S Flytxt Technology P. Ltd. Technopark Campus, Kariavattom, held that exemption under section 10B of the Income Tax...
![Denial of Exemption under s. 10B can’t be a reason for denying Benefit of s. 10A under IT Act: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Kerala-High-Court-Taxscan.jpg "Denial of Exemption under s. 10B can’t be a reason for denying Benefit of s. 10A under IT Act: Kerala HC [Read Judgment]")
GST Rate on Food Packages Distributed to Economically Weaker Sections under Govt Approved Programmes Reduced [Read Notification]
The Central Government, on Thursday notified that only five per cent Goods and Services Tax (GST) is leviable on food preparations put up in unit containers and intended for free distribution to...
![GST Rate on Food Packages Distributed to Economically Weaker Sections under Govt Approved Programmes Reduced [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/10/Packed-Food-Taxscan.jpg "GST Rate on Food Packages Distributed to Economically Weaker Sections under Govt Approved Programmes Reduced [Read Notification]")
Advance received for Car Booking without Invoice cannot be treated as Unexplained Cash Credit: ITAT [Read Order]
A division bench of the Kolkata ITAT, recently ruled that the advance amount received by a car dealer for booking by customers without invoice cannot be treated as unexplained cash credit under...
![Advance received for Car Booking without Invoice cannot be treated as Unexplained Cash Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Car-Booking-Taxscan.jpg "Advance received for Car Booking without Invoice cannot be treated as Unexplained Cash Credit: ITAT [Read Order]")