ITAT Weekly Round-Up
This weekly summary analyses the major Income Tax Appellate Tribunal (ITAT) stories that have been published at Taxscan.in. during the previous week from July 1 to July 6, 2023. Cash Deposits from earlier withdrawals cannot
Income arises from off-shore supply of goods cannot be Taxable in India; Delhi HC [DOWNLOAD JUDGMENT]
A Delhi High Court bench comprising of Justice S.Muralidhar and Justice Vibhu Bakhru held that Income aroused from the off-shore supply of goods cannot be taxable in India. The Delhi High Court, in a number
Privacy – Two Sides of the Same Coin
This article aims to set a premise pertaining to the ongoing lockdown in the nation and to test the same on two facets of privacy. One, privacy as understood by the American Courts under the
All you need to know about Important GST and Customs Compliances
Here is the complete details of the Important GST and Customs Compliances should be done before New Financial Year 2021-22. Facility of LUT w.e.f. 1st April The facility of export under Letter of Undertaking (LUT)
Taxation of ESOPs and Tax deductibility of ESOP Expenses
Overview Under an ESOS, a company grants options (right without any obligation) to acquire a certain number of shares in the company or its holding/subsidiary company generally at a predetermined price (exercise price) within a
Disclose undisclosed income by Sept. 30: PM Modi in ‘Mann ki Baat’
Prime Minister Narendra Modi yesterday appealed people to disclose their undisclosed income by September 30, making it clear that this is the last chance to avoid problems that will follow after the window of opportunity closes.
GST CASE DIGEST: Tax Liability on Composite and Mixed Supplies
A Composite Supply under GST would mean a supply made by a taxable person to a recipient consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which
All you need to do before filing GSTR-9 and GSTR-9C for FY 2020-21
The GSTR 9 is a GST annual return form to be filed by the regular taxpayer once a year with all the consolidated details of SGST, CGST and IGST paid during the year. The GSTR-9C
Publication of CA’s name in Rape Allegation Case: Kerala HC reprimands The New Indian Express, directs Indian Kanoon to Take Down Personal Details
In a recent case, the Kerala High Court has directed Indian Kanoon, a law search engine to  anonymise the name and address of the petitioner Chartered Accountant (CA) and reprimanded Indian Express, an Indian news
ITAT Weekly Round Up
The stories on the Income Tax Appellate Tribunal ( ITAT ) that were published at Taxscan.in from February 9, 2024 to February 16, 2024 are analytically summarized in this Round-Up. Disallowance made on basis of
ITAT Weekly Round-Up
The stories on the Income Tax Appellate Tribunal ( ITAT ) that were published at Taxscan.in from February 17, 2024 to February 23, 2024 are analytically summarized in this Round-Up. Permitting right to use Brand
ITAT Weekly Round-Up
This weekly round-up analytically summarizes the key judgments reported at Taxscan.in by the Income Tax Appellate Tribunal (ITAT) from the 1st to the 7th of May 2022. Anup Service Station v. DCIT - 2022 TAXSCAN
ITR 6 is now available for AY 2020-21: All you need to know
The Central Board of Direct Taxes (CBDT) has notified the income tax return (ITR) form for the assessment year 2020-21. The new form comprises savings benefits for individuals, professionals, business units, and Hindu undivided families
GST: CBIC prescribes Manner of Processing and Sanction of IGST Refunds Withheld [Read Instructions]
The Central Board of Indirect Taxes and Customs (CBIC) has prescribed the manner of Manner of processing and sanction of IGST refunds, withheld in terms of clause (c) of sub-rule (4) of rule 96, transmitted to
MOOWR, 2019: Opening doors to making ‘Make in India’ real
Background Manufacturing and Other Operations in Warehouse Regulations, 2019 (MOOWR, 2019) is revamped scheme from 1966 when it was first introduced. The scheme was reviewed and released first in Kune 2019 and was further amended