Grant of Licence to Operate and Run Hotel Business Not Taxable under ‘Renting of Immovable Property Service’: CESTAT quashes Service Tax Demand [Read Order]
Quashing the service tax demand, the Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that the grant of licence to operate and run hotel business is not taxable under the
Brand Endorsement during IPL not “BAS”: CESTAT quashes Service Tax against Irfan Pathan and Yusuf Pathan [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has quashed the service tax demand against famous cricketers and brothers, Irfan Pathan and Yusuf Pathan holding that they are not liable
CESTAT quashes Service Tax demand on Club or Association Service on due Registration as per Indian Trusts Act [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi Bench quashed service tax demand on Club or Association Service Due Registration as per Indian Trusts Act. The demand was made only against M/s.
Air India cannot be deemed as ‘Assessee in Default’ in respect of payment to AIESL: ITAT directs fresh Adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that Air India cannot be deemed as 'Assessee in Default' in respect of payment to Air India Engineering Services Ltd (AIESL) and directs fresh adjudication.
Allow TRAN-1 & TRAN-2 Return Filing If failure of Appellant was due to Technical Glitches on Common Portal: Chhattisgarh HC directs Commissioner to refer matter to GST Council
The Chhattisgarh High Court directed the Commissioner to refer the matter to the GST Council so as to allow TRAN-1 & TRAN-2 return filing if failure of Appellant was due to technical glitches on the
TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that credit of Tax Deducted at Source (TDS) can be allowed only in the year in which the income or receipt on which TDS is
Payment of Arbitration Award not part of Cost Base for Margin Calculation: ITAT Follows Rule of Consistency in Hyundai’s Case [Read Order]
ITAT Delhi, last week held that the transaction of making payment of Rs.95,50,31,150/- (on account of arbitral award) by Hyundai Rotem Company to the DMRC made on behalf of its AE would not part of
Revisionary Proceedings based on Letter Received from ACIT(TDS) is Invalid: ITAT Quashes Assessment against Vodafone [Read Order]
Granting relief to Vodafone, the ITAT Delhi bench ruled that revisionary proceedings under section 263 of the Income Tax Act, 2017 cannot be made on the basis of a letter received from Assistant Commissioner of
ITAT Confirms Penalty for Non-payment of Self-Assessment Tax though same was paid subsequently by Filing Revised Return [Read Order]
The Ahmedabad bench of the ITAT, in a significant ruling, held that penalty under section 221(1) of the Income Tax Act is leviable when the assessee has not paid the admitted tax liability under section
Penalty on Ground of Change in Heads of Income is Illegal: ITAT Mumbai [Read Order]
In a recent decision, the Mumbai bench of the ITAT observed that change in the heads of income reported by the assessee would not automatically result in attracting penalty under section 271(1)(c) of the Income
Assessee can challenge the validity of order passed u/s 263 even during the Appellate Proceedings: ITAT Mumbai [Read Order]
In a recent order Mumbai bench of Income Tax Appellate Tribunal has held that, Assessee can challenge the validity of order passed under section 263 of the Income Tax Act even during the appellate proceedings.
CESTAT reduces Floor Limits of Bond and Bank Guarantee prescribed for allowing Provisional Release of Confiscated Goods [Read Order]
The Mumbai bench of Customs, Excise and Service Tax Appellate Tribunal has reduced floor limits of bond and bank guarantee prescribed for allowing the provisional release of confiscated goods. The appellant, Amglo Resources Pvt Ltd
FinMin Launches Dirghayu Mobile App: Here’s What Central Civil Pensioners Need to Know
The Finance Ministry has launched the Dirghayu Mobile App developed by the Central Pension Accounting Office ( CPAO ) on 27th February 2024. This innovative mobile application aims to provide a wide array of services
Tax Judgments of Supreme Court Annual Digest 2023 [Part 2]
Supreme Court Reviews Tamil Nadu Govt’s Appeal against Madras HC’s Decision to Strike Down of Online Gaming Ban Law: Next Hearing on September 22 On September 18, 2023, a crucial legal proceeding unfolded as the
Kerala State Budget 2024 Proposes to Increase Court Fees for Cases under NI Act
On February 5, 2024, Finance Minister K N Balagopal delivered the Budget 2024 for Kerala before the legislative assembly. The budget has proposed to increase the court fees for the cases registered under Negotiable Instruments