The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) held that ALP Adjustment is not permissible on a notional amount of royalty paid by an overseas subsidiary and confirmed the CIT(A)'s action

This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at taxscan.in, from May 4, 2024 to May 10, 2024 CESTAT allows Refund of Service Tax

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer to disallow Asian Paints' consulting fee paid for a feasibility study report, to the extent that it pertains

This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from May 04th, 2024 to May 10th, 2024. SUPREME COURT Amounts covered by Security deposits under

The Deloitte invited applications for the post Tax-Senior Manager-BPS. Qualification CA / MBA / ICWA(CMA) with 7-10 years of working experience in a Financial Accounting role in a large organization Strong Technical knowledge Proficient with

The Mumbai bench of the Customs Authority for Advance Ruling (AAR) ruled that the PVC raincoats are classifiable under the category of "Overcoats, Raincoats, and Similar Articles" as specified in the First Schedule of the

The JPMorgan Chase & Co invited applications for the post Financial Analysis - Associate. Qualification Minimum of CA or an MBA in Finance is required with 4 to 7 years of Finance experience, preferably in

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) disallowed the depreciation claim on any building, machinery, plant, or furniture not exclusively used for the purpose of business or profession. The assessee company was

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance under Section 14A of Income Tax Act, 1961 read with Rule 8D of the Income Tax Rule, 1962 as the

The Special Judge for Central Bureau of Investigation ( CBI ) Cases in Bangalore has sentenced the former Superintendent of Central Excise and Central Tax ( GST ) to a three-year imprisonment term along with

The Kolkata bench of Income Tax Appellate Tribunal (ITAT) directed readjudication on finding that the assessing officer misconstrued the directions given by the Principle Commissioner of Income Tax (PCIT) in revisionary order regarding the payments

The two member bench of the Income Tax Appellate Tribunal ( ITAT ) Mumbai has ruled that expenditure incurred by Asian Paints on research and development was eligible for deduction under Section 35 ( 2AB

The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) held that no disallowance shall be made on interest expense claimed in respect of ST RRB Credit Refinance Fund of National Bank for Agriculture &

The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) directed readjudication with respect to the liability of property tax paid on behalf of the collector. Further observed that the lower authority did not

The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) while providing relief to National Bank for Agriculture & Rural Development ( NABARD ) allowed Interest Expenditure incurred from the Government set up fund of RIDF