In a recent decision the Tripura High Court observed that Goods and Service Tax (GST) Input Tax Credit (ITC) on the goods and services being utilized for providing the taxable work contract services for construction

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) comprising Shri P M Jagtap, accountant member and Shri Siddhartha Nautiyal, Judicial member has held that foreign exchange derivative losses can be allowed for deduction as

The Customs, Excise, Service Taxes Appellate Tribunal (CESTAT) specified the procedure for E-hearing of the application by CESTAT due to the COVID-19 pandemic. The tribunal states that for conducting e-hearing of urgent applications on video

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench deleted the deletes addition of Sponsorship and Promotional income reduced from marketing cost. The Assessee, Orion Property Management Services Ltd. is engaged in the business of mall

The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed customs duty demand and observed that the adjudication order passed without allowing cross-examination is gross violation of natural justice. The main

The Income Tax Appellate Tribunal (ITAT), New Delhi before Shri N K Billaiya, AM and Ms Astha Chandra, JM held that Payments made on the business profit of non-residents without PE are not taxable in

The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ), in a recent order granting partial relief to Ford India, held that the order of the customs department denying concessional

While overruling a  decision in writ petition filed by Unisource Hydro Carbon Services Private Limited & Anr, against the single judge bench decision held that the revisional order passed in violation of the principles of

Star Health and Allied Insurance Company Limited revealed on Tuesday, in a regulatory filing, that it has been served with a new show cause notice from the GST Department, amounting to Rs 66.7 crore. According

The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that 18% GST is applicable on Odomos. The Appellant, M/s. Dabur India Ltd. is a Private Limited Company, resident in

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that addition on deemed letting value not permissible when the property was not let out and deleted the addition. The respondent was represented

The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the disallowance under section 14A of the Income Tax Act, 1961 cannot be considered while computing book profit under section 115JB of

This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from April 13th, 2024 to April 20th, 2024. SUPREME COURT Licensing of software products of Microsoft

The Income Tax Appellate Tribunal (ITAT) Mumbai held that Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction under Section 35(1)(i) of Income Tax Act, 1961.Thus the bench quashed the

The Delhi Income Tax Appellate Tribunal (ITAT), while deleting orders against Marks and Spencer India recently found  that the income tax department derived Arm Length Price (ALP) without resorting to methods prescribed under the Income