Cenvat Credit not allowable on Capital Goods for which full Depreciation is allowed by Income Tax Dept: CESTAT confirms Order denying Credit [Read Order]
The Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ), Delhi bench has held that the cenvat credit is not allowable on the capital goods...
ED empowered to Dispose of Objections for want of detailed consideration: Delhi HC refuses to quash SCN against J.P Morgan
The Delhi High Court while refusing to quash the Show Cause notice (SCN) ruled that the Enforcement Directorate (ED) is empowered to Dispose of Objections for the want of detailed consideration. ...
Delayed Self-Assessment Tax Payment can’t be Tax Arrear for Vivad se Vishwas Scheme: Bombay High Court [Read Judgment]
The Bombay High Court ruled that the Delayed self-assessment tax payment cannot be tax arrear for Vivad se Vishwas Scheme. The petitioner, Macrotech Developers Limited is a public limited company...
![Delayed Self-Assessment Tax Payment can’t be Tax Arrear for Vivad se Vishwas Scheme: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/06/Self-Assessment-Tax-Payment-Tax-Arrear-Vivad-se-Vishwas-Scheme-Bombay-High-Court-Taxscan.jpeg "Delayed Self-Assessment Tax Payment can’t be Tax Arrear for Vivad se Vishwas Scheme: Bombay High Court [Read Judgment]")
Punjab & Haryana HC rejects Anticipatory Bail to persons accused of Money Laundering worth Rs.220 Cr [Read Order]
The Punjab and Haryana High Court rejected the anticipatory bail to a person accused of Money Laundering worth Rs.220 Crores. The petitioner, Jagadish Nangineni and Jagdish Chandra Sharma...
Writ Petition challenging Levy of Service Tax not maintainable since Alternative Statutory Remedy available: Madras HC [Read Order]
Madras High Court ruled that the writ petition challenging levy of Service Tax not maintainable since alternative Statutory Remedy available. The petitioner, Mr.S.Subin Vinoth Kumar who is the...
![Writ Petition challenging Levy of Service Tax not maintainable since Alternative Statutory Remedy available: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Writ-Petition-levy-of-Service-Tax-Statutory-Remedy-Madras-High-Court-taxscan.jpeg "Writ Petition challenging Levy of Service Tax not maintainable since Alternative Statutory Remedy available: Madras HC [Read Order]")
![No Addition can be made on account of Unsecured Loans if assessee proves Genuineness: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/unsecured-loans-ITAT-Taxscan.jpg "No Addition can be made on account of Unsecured Loans if assessee proves Genuineness: ITAT [Read Order]")