![Interest cannot be demanded on Unutilized CENVAT Credit Availed: CESTAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Interest-CESTAT-Taxscan.jpg "Interest cannot be demanded on Unutilized CENVAT Credit Availed: CESTAT Ahmedabad [Read Order]")
Interest cannot be demanded on Unutilized CENVAT Credit Availed: CESTAT Ahmedabad [Read Order]
In a recent ruling, the CESTAT, Ahmedabad bench held that interest cannot be demanded on the unutilized CENVAT credit availed under Rule 14 of the...
![Supervision of Erection and Installation Works by a Consulting Engineer is a Taxable Service: CESTAT Chennai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Service-Tax-Tax-Scan.jpg "Supervision of Erection and Installation Works by a Consulting Engineer is a Taxable Service: CESTAT Chennai [Read Order]")
CBEC changes the Definition of Authority of Advance Ruling for Excise and Service Tax [Read Notification]
The Central Board of Excise and Customs (CBEC) recently changed the definition of Authority of Advance Ruling for Excise and Service Tax to same as under the Customs Act. The Notification dated...
![CBEC changes the Definition of Authority of Advance Ruling for Excise and Service Tax [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/09/CBEC-Tax-Scan.jpg "CBEC changes the Definition of Authority of Advance Ruling for Excise and Service Tax [Read Notification]")
Deduction u/s 37(1) cannot be Allowed in respect of Income Tax withheld Abroad: ITAT Ahmedabad [Read Order]
In DCIT v. Elitecore Technologies Private Limited, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that Deduction under section 37(1) of the Income Tax Act cannot be allowed in...
![Deduction u/s 37(1) cannot be Allowed in respect of Income Tax withheld Abroad: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Deduction u/s 37(1) cannot be Allowed in respect of Income Tax withheld Abroad: ITAT Ahmedabad [Read Order]")
Settlement Commission has No Power to Impose an Additional Levy which is not specified in the SCN: Madras HC
In a recent ruling, the division bench of the Madras High Court held that the Settlement Commission cannot impose an additional duty by going beyond the scope of the Show Cause Notice given to the...
Karnataka HC confirms 4% VAT on Iron and Steel used in Casting, Beams, Pillars and Roofs [Read Order]
The division bench of Karnataka High Court has confirmed 4 percent Value Added Tax (VAT) on Iron and Steel used in Casting, Beams, Pillars and Roofs. The Court was hearing a revision petition filed...
![Karnataka HC confirms 4% VAT on Iron and Steel used in Casting, Beams, Pillars and Roofs [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Karnataka-High-Court-Tax-Scan.jpg "Karnataka HC confirms 4% VAT on Iron and Steel used in Casting, Beams, Pillars and Roofs [Read Order]")
TPO cannot Go Beyond a Remand Order when such Remand was based on a Specific Finding: Delhi HC [Read Judgment]
In a recent ruling, the Delhi High Court found that the Transfer Pricing Officer (TPO) cannot go beyond a remand order when such remand was based on a specific finding. The division bench comprising...
Genuine Equity Deals will not Attract Capital Gain Tax: CBDT invites Suggestions on Draft Notification of STT Chargeability Rules
With a view to curb tax evasion through "sham transactions" in stock market and protect genuine ones, the CBDT today proposed to exempt specified deals from long-term capital gains tax in cases where...
Appellate Authority has No Power to ‘Enhance’ Penalty under the Punjab Excise Act: Punjab & Haryana HC [Read Judgment]
The division bench of the Punjab and Haryana High Court, in M/s Nirvair Singh v. Financial Commissioner Taxation, held that the appellate authority cannot “enhance” penalty under section 14 of the...
