Mala-fide intention or suppression of fact cannot be alleged when there is a dispute involving Interpretation of Law: CESTAT
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench ruled that mala-fide intention or suppression of fact cannot be...
Foreign Currency is not a ‘Commodity’ to invoke provisions relating to Speculative Transactions: ITAT grants Relief to Lifestyle International [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while granting the relief to Lifestyle International ruled that the Foreign Currency is not a ‘commodity’ to invoke provisions relating to...
![Foreign Currency is not a ‘Commodity’ to invoke provisions relating to Speculative Transactions: ITAT grants Relief to Lifestyle International [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Foreign-Currency-commodity-Speculative-Transactions-ITAT-Lifestyle-International-Taxscan.jpeg "Foreign Currency is not a ‘Commodity’ to invoke provisions relating to Speculative Transactions: ITAT grants Relief to Lifestyle International [Read Order]")
Wrongful availment of ITC: Rajasthan HC refuses to grant Bail to accused of GST Scam worth Rs. 47 Cr [Read Order]
The Rajasthan High Court refused to grant bail to the person accused of wrongly availing ITC without the transportation of goods. The petitioner, Sumit Dutta, was an employee in M/s Veto...
![Wrongful availment of ITC: Rajasthan HC refuses to grant Bail to accused of GST Scam worth Rs. 47 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Wrongful-availment-of-ITC-Rajasthan-High-Court-grant-Bail-GST-Scam-Taxscan-1.jpeg "Wrongful availment of ITC: Rajasthan HC refuses to grant Bail to accused of GST Scam worth Rs. 47 Cr [Read Order]")
CBDT extends Time Limit for Amount payable under Direct Tax Vivad se Vishwas Act, 2020 [Read Notification]
In the wake of CoronaVirus Pandemic, the Central Board has decided that time for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, shall be...
![CBDT extends Time Limit for Amount payable under Direct Tax Vivad se Vishwas Act, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-extends-time-limit-Direct-Tax-Vivad-se-Vishwas-Act-Taxscan.jpeg "CBDT extends Time Limit for Amount payable under Direct Tax Vivad se Vishwas Act, 2020 [Read Notification]")
![CBDT extends Time Limit for Income Tax Assessment [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-extends-time-limit-Income-Tax-Assessment-Taxscan.jpg "CBDT extends Time Limit for Income Tax Assessment [Read Notification]")
Cenvat Credit not allowable for Service Tax paid on the Storage / Warehouse Services: CESTAT [Read Order]
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench has held that cenvat credit is not allowable on the service tax portion paid while paying rent for the storage and...
![Cenvat Credit not allowable for Service Tax paid on the Storage / Warehouse Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Cenvat-Credit-Service-Tax-storage-warehouse-services-CESTAT-Taxscan.jpg "Cenvat Credit not allowable for Service Tax paid on the Storage / Warehouse Services: CESTAT [Read Order]")
Relief to Popular Vehicles: No Service Tax on Free Warranty and Labour Services, rules CESTAT [Read Order]
In an order granting major relief to the car dealers, Popular Vehicles, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), the Bangalore bench has held that service tax cannot be...
![Relief to Popular Vehicles: No Service Tax on Free Warranty and Labour Services, rules CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Popular-Vehicles-Service-Tax-Free-Warranty-Labour-Services-CESTAT-Taxscan.jpg "Relief to Popular Vehicles: No Service Tax on Free Warranty and Labour Services, rules CESTAT [Read Order]")
![SEBI extends Relaxations relating to Procedural matters [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/04/SEBI-extends-relaxations-procedural-matters-Taxscan.jpeg "SEBI extends Relaxations relating to Procedural matters [Read Circular]")