![ITAT allows Deduction on Share of Freehold Conversion Charges, Stamp Duty etc. for converting property into freehold [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-deduction-on-share-of-freehold-conversion-charges-stamp-duty-converting-property-into-freehold-Taxscan.jpeg "ITAT allows Deduction on Share of Freehold Conversion Charges, Stamp Duty etc. for converting property into freehold [Read Order]")
ITAT allows Deduction on Share of Freehold Conversion Charges, Stamp Duty etc. for converting property into freehold [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench allowed the deduction on share of freehold conversion charges, stamp duty etc. for...
![Interests from FDRs not to be assessed under Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interests-FDRs-Income-from-other-sources-ITAT-Delhi-Taxscan.jpg "Interests from FDRs not to be assessed under Income from Other Sources: ITAT [Read Order]")
![GST Evasion: Patiala House Court grants Bail to person alleged of wrongfully claiming ITC to the tune of Rs. 25 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Patiala-House-court-bail-ITC-taxscan.jpg "GST Evasion: Patiala House Court grants Bail to person alleged of wrongfully claiming ITC to the tune of Rs. 25 Cr [Read Order]")
![LTCG to be computed on the basis of Guidance Value of Property as on date of Sale Agreement, not on date of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/LTCG-guidance-value-of-property-Sale-Agreement-Sale-Deed-ITAT-Taxscan.jpeg "LTCG to be computed on the basis of Guidance Value of Property as on date of Sale Agreement, not on date of Sale Deed: ITAT [Read Order]")
![ITAT quashes notice of Re-assessment against MRF [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-MRF-Re-Assessment-Notice-Taxscan.jpg "ITAT quashes notice of Re-assessment against MRF [Read Order]")
Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench held that the no tax is applicable on the interest income linked with the power plant set up as it is capital receipt. The assessee, M/s...
![Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interest-income-power-plant-capital-receipt-ITAT-Taxscan.jpg "Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]")
CBIC notifies Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Amendment Rules, 2021
The Central Board of Indirect Taxes and Customs (CBIC) notified Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of...
Finance Ministry notifies National Payments Corporation of India to undertake Aadhaar Authentication Service of UIDAI [Read Notification]
The Government has notified the National Payments Corporation of India to undertake the Aadhaar authentication Service under the Unique Identification Authority of India (UIDAI). The Finance...
Govt notifies Court of Session as Special Court for trial of cases under PMLA in Haryana, Punjab, Chandigarh [Read Notification]
The Government notified the Court of Session designated as Special Court under the Prevention of Money-Laundering Act, 2002 for the trial of cases under PMLA in Haryana, Punjab, and in the Union...
No demand of clandestine manufacture and clearance can be confirmed purely on assumptions: CESTAT [Read Order]
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that no demand of clandestine manufacture and clearance can be confirmed purely on assumptions. The Appellant, M/s. Vinayak...
![No demand of clandestine manufacture and clearance can be confirmed purely on assumptions: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/clandestine-manufacture-clearance-assumptions-CESTAT-Taxscan.jpg "No demand of clandestine manufacture and clearance can be confirmed purely on assumptions: CESTAT [Read Order]")