A Division Bench of the Mumbai Income Tax Appellate Tribunal (ITAT) in M/s. Maharashtra Film Stage Cultural Development Corporation Ltd. Versus Jt. CIT held that expenditure incurred to repair or renovate existing make-up rooms are
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification imposing anti-dumping duty (ADD) on Luxury Vinyl Tiles, originated or exported from China PR, Taiwan and Vietnam. Earlier, the Designated Authority has
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the refund of excise duty paid in excess cannot be rejected solely on the ground that the assessee did
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench ruled that the Assessee was entitled to charge depreciation at the rate of 15% under the block of assets “plant and machinery”. The assessee, Singareni Collieries Company
The Ministry of Home Affairs (MHA) has asked all NGOs registered under the Foreign Contribution (Regulation) Act (FCRA), 2010, will now have to open or maintain an FCRA account in State Bank of India’s New
Today, on July 18, 2023, the Union Home Minister and Minister of Cooperation, Amit Shah, inaugurated the 'CRCS-Sahara Refund Portal' in New Delhi at 11:00 am. This portal has been launched as part of the
The Central Board of Direct Taxes (CBDT) has clarified that the income tax exemption under the Act would be applicable to all officers and jawans of armed forces. The Board has issued a circular regarding
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Delhi bench has granted tax relief to retired professional shooter, Abhinav Bindra. The Tribunal bench has held that the former World and Olympic champion is
A Public Interest Litigation has been filed before the Bombay High Court seeking postponement of the much anticipated indirect tax law, i.e Goods and Services Tax (GST) Act. As the Central Government and State Governments
The Allahabad Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) observed that the statutory limitation period prescribed under Section 11B of the Central Excise Act, 1944 is not applicable to
In a recent case, the Himachal Pradesh High Court held that milk cream cannot be classified under the category of milk. The milk cream was entirely different from the milk and these two products had
The Supreme Court comprising the Two-judge Bench of Justices M.R. Shah and C. T. Ravi Kumar, decided in an appeal moved by M/S S. M. Overseas Pvt. Ltd. that the Revenue department was not entitled
The Madras High Court while directing Customs Department to check applicability of Advance Authorisation Scheme (AA Scheme) said that Permission to re-export of Goods stands secured in the customs frontier. The petitioner, Czarnikow Group Limited
The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT), New Delhi Bench directed the Adjudicating Authority to grant 12% interest on delayed refund. The appellant, M/s J. K. Cement Works has filed the present appeal
The Customs, Excise s, Service Taxes Appellate Tribunal (CESTAT), Mumbai Bench held sovereign privilege that the service tax is not applicable to the collection of Octroi for entry of goods by the appellant in the discharge of sovereign