Delhi High Court

Amount received in excess of amount received from TPE can’t be prima facie termed as proceeds of Crime liable to be confiscated or for Compensation: Delhi HC

September 7, 2021

Public at Large should be asked to use Income Tax New Software only after it has been Tested Prior in Time on a sufficiently large Sample base of Assessees, says Delhi HC

August 29, 2021

Appreciation -AO - CIT(A) - Delhi High Court - Taxscan

Appreciation of Material placed before AO exclusively within his domain, can’t be interdicted by CIT(A) u/s 263: Delhi HC

August 16, 2021

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export duty - accumulated ITC - CBIC - Taxscan

Goods actually subjected to Export Duty will be covered under restriction imposed from availment of Refund of Accumulated ITC: CBIC [Read Circular]

September 20, 2021

The Central Board of Indirect Taxes and Customs (CBIC) while issuing the clarification on GST-related issues said that goods actually subjected to export duty will be covered under restriction imposed from availment of refund of accumulated ITC. Various representations have been received from taxpayers and other stakeholders seeking clarification in respect of certain issues pertaining […]

GST: CBIC issues Clarification on doubts related to Scope of ‘Intermediary’ [Read Circular]

September 20, 2021

The Central Board of Indirect Taxes and Customs (CBIC) issued the clarification on doubts related to the scope of “Intermediary”. The Board has received the representations citing ambiguity caused in the interpretation of the scope of “Intermediary services” in the GST Law. In view of the difficulties being faced by the trade and industry and […]

ITAT - LTCL - sale of shares - LTCG - sale of property - Taxscan

Every Taxpayer entitled to arrange his affairs to Lower Down Taxes: ITAT allows set-off of LTCL on Sale of Shares against LTCG on Sale of Property [Read Order]

September 20, 2021

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) while allowing the set-off of Long Term Capital Loss (LTCL) on sale of shares against Long Term Capital Gain (LTCG) on sale of property ruled that every taxpayer was entitled to arrange his affairs to lower down taxes. The assessee, Michael E Desa is a non-resident […]

Hindustan Zinc - CESTAT - service tax on foreign remittance - Taxscan

Relief to Hindustan Zinc: CESTAT quashes demand of Service Tax on Foreign Remittance [Read Order]

September 20, 2021

In a major relief to Hindustan Zinc, the Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) quashed the demand for service tax on foreign remittance. The appellant, M/s Hindustan Zinc assailed the demand of service tax on remittance towards services on which service tax was payable as per the Import Rules and […]

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Goods actually subjected to Export Duty will be covered under restriction imposed from availment of Refund of Accumulated ITC: CBIC [Read Circular]

September 20, 2021

GST: CBIC issues Clarification on doubts related to Scope of ‘Intermediary’ [Read Circular]

September 20, 2021

Every Taxpayer entitled to arrange his affairs to Lower Down Taxes: ITAT allows set-off of LTCL on Sale of Shares against LTCG on Sale of Property [Read Order]

September 20, 2021

Relief to Hindustan Zinc: CESTAT quashes demand of Service Tax on Foreign Remittance [Read Order]

September 20, 2021

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