Central Excise Duty on Tobacco and Tobacco Products: CBEC releases another set of FAQs on GST
The Central Board of Excise and Customs (CBEC) recently released another set of Frequently Asked Questions (FAQs) on Goods and Services Tax (GST). ...
![Approval from CBDT is not required if the Assessee-Trust has not Carried out Any Activity Outside India: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Approval from CBDT is not required if the Assessee-Trust has not Carried out Any Activity Outside India: ITAT Delhi [Read Order]")
![Deduction can be Allowed on Claim of Damages and Interests even if it is disputed in the Court of Law: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "Deduction can be Allowed on Claim of Damages and Interests even if it is disputed in the Court of Law: Delhi HC [Read Judgment]")
CBEC notifies Customs Duty Exemption to Goods carried along with the Units of Army, Navy, Air Force etc after a Foreign Tour
The Central Board of Excise and Customs recently released a notification giving customs duty exemption to goods imported into India by or along with a unit of the Army, the Navy, the Air Force or the...
Indexation should be given from the year When the Property was Acquired by the Previous Owner: ITAT Delhi [Read Order]
In DCIT v. Dinesh Sharma, indexation should be given from the year when the property was acquired by the previous owner for the purpose of computing long Term Capital Gain under the provisions of the...
![Indexation should be given from the year When the Property was Acquired by the Previous Owner: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Indexation should be given from the year When the Property was Acquired by the Previous Owner: ITAT Delhi [Read Order]")
Compounding Application cannot be Rejected on Ground of Limitation or Non-Payment of Compounding Fee: Delhi HC [Read Judgment]
In Vikram Singh v. UOI & Anr, the division bench of the Delhi High Court held that the Income Tax authorities cannot reject a compounding application by stating that it is barred by limitation or...
![Compounding Application cannot be Rejected on Ground of Limitation or Non-Payment of Compounding Fee: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Compounding Application cannot be Rejected on Ground of Limitation or Non-Payment of Compounding Fee: Delhi HC [Read Judgment]")
AO has No Power to Examine the Source of Source in Non-Share Capital Cases u/s 68 of Income Tax Act: ITAT Delhi [Read Order]
In CIT v. Prem Anand, the Delhi bench of the ITAT held that the Assessing Officer has no power to examine the source of source in non-share capital cases since the amendment in section 68 of the...
![AO has No Power to Examine the Source of Source in Non-Share Capital Cases u/s 68 of Income Tax Act: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "AO has No Power to Examine the Source of Source in Non-Share Capital Cases u/s 68 of Income Tax Act: ITAT Delhi [Read Order]")
