![CESTAT deletes Service Tax on Consignment Agency Services under Clearing and Forwarding Agent Service” allegedly rendered to Tata Steel Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/CESTAT-service-tax-consignment-agency-services-GST-clearing-and-forwarding-agent-service-Tata-Steel-Limited-Taxscan.jpg "CESTAT deletes Service Tax on Consignment Agency Services under Clearing and Forwarding Agent Service” allegedly rendered to Tata Steel Limited [Read Order]")
CESTAT deletes Service Tax on Consignment Agency Services under 'Clearing and Forwarding Agent Service” allegedly rendered to Tata Steel Limited [Read Order]
The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT), Kolkata Bench deleted the service tax on consignment agency services under...
![No Service Tax Applicable on sizing operation activity as sized coal is excisable product: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Service-Tax-sizing-operation-activity-sized-coal-CESTAT-Taxscan.jpeg "No Service Tax Applicable on sizing operation activity as sized coal is excisable product: CESTAT [Read Order]")
![Allahabad High Court allows inquiry by GST Authorities collaterally with the Proceedings [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/Allahabad-High-Court-GST-GST-Authorities-Inquiry-Taxscan.jpg "Allahabad High Court allows inquiry by GST Authorities collaterally with the Proceedings [Read Judgment]")
![GST: Patiala House Court refuses to grant Bail to person accused of Fraudulently availing ITC to tune of Rs.7 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-Patiala-House-Court-Bail-ITC-Taxscan.jpeg "GST: Patiala House Court refuses to grant Bail to person accused of Fraudulently availing ITC to tune of Rs.7 Cr [Read Order]")
Telangana High Court directs Income Tax Authority to Refund Seized Cash of Rs. 5 Cr with 12% interest [Read Order]
The Telangana High Court directed the Income Tax Authority to refund seized cash of Rs. 5 crores with 12% interest and release the employee of the petitioner. The petitioner has been a proprietary...
![Telangana High Court directs Income Tax Authority to Refund Seized Cash of Rs. 5 Cr with 12% interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Telangana-High-Court-Income-Tax-Authority-refund-seized-cash-interest-Taxscan.jpg "Telangana High Court directs Income Tax Authority to Refund Seized Cash of Rs. 5 Cr with 12% interest [Read Order]")
Losses on account of Exchange Fluctuation on Forward Contracts are allowable as Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that losses on account of exchange fluctuation on forward contracts are allowable as a deduction. The assessee, ABB Global Industries...
![Losses on account of Exchange Fluctuation on Forward Contracts are allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Losses-account-exchange-fluctuation-forward-contracts-deduction-ITAT-taxscan.jpg "Losses on account of Exchange Fluctuation on Forward Contracts are allowable as Deduction: ITAT [Read Order]")
Chartered Accountants are not permitted to share Client Information with Credit Rating Agencies except if permitted by Auditee Client: ICAI
The Institute of Chartered Accountants of India ( ICAI ) has clarified that Chartered Accountants are not permitted to share Client Information with Credit Rating Agencies except if permitted by...
![Madras High Court directs payment of Rs.3 Lakhs for quashing of Assessment Orders [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/Madras-High-Court-payment-assessment-orders-Taxscan.jpeg "Madras High Court directs payment of Rs.3 Lakhs for quashing of Assessment Orders [Read Judgment]")
Registration has to be granted if no evidence to show activities of Trust are not being carried out genuinely: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench while allowing the application for the registration held that the registration has to be granted if there is no evidence to show activities...
![Registration has to be granted if no evidence to show activities of Trust are not being carried out genuinely: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Registration-evidence-ITAT-Teachers-Academy-Education-Trust-Taxscan.jpg "Registration has to be granted if no evidence to show activities of Trust are not being carried out genuinely: ITAT [Read Order]")
![Central Govt. notifies Customs Authority for Advance Rulings Regulations, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/Central-Govt-Customs-Authority-Advance-Rulings-Regulations-2021-Taxscan.jpg "Central Govt. notifies Customs Authority for Advance Rulings Regulations, 2021 [Read Notification]")
Assessing Authority can’t disallow Business Expenditure incurred in form of Postage, Courier and Stationery Charges: Madras High Court [Read Judgment]
The Madras High Court held that assessing authority cannot disallow Business Expenditure incurred in form of Postage, Courier and Stationery Charges. The issue involved in this case is in respect...
![Assessing Authority can’t disallow Business Expenditure incurred in form of Postage, Courier and Stationery Charges: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Business-Expenditure-Postage-Courier-Stationery-Charges-Madras-High-Court-Taxscan.jpg "Assessing Authority can’t disallow Business Expenditure incurred in form of Postage, Courier and Stationery Charges: Madras High Court [Read Judgment]")