Read all Latest Updates on and about Exemption

Begin typing your search above and press return to search.

Home
»
Exemption

Change in Ownership Does Not Restore Excise SSI Exemption If Turnover Limit Was Crossed Earlier: CESTAT [Read Order]

TheAhmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that a change in ownership of a factory does not restore ...

Gujarat HC Quashes ₹464-Crore SCN under Customs Act for Palm Kernel Oil Imports, Holding Authorities...

ITAT Restores 10(23C)(vi) Exemption to Education Trust: Finds No Evidence of Personal Benefit or...

Tugs Classified under Chapter 89, Not ‘Machinery or Equipment’: CESTAT Rejects Exemption Claim but...

Investment in Shares Merely Accretion of Bonus Shares: ITAT Confirms Section 11 Exemption for Tata...

Investment in Shares Merely Accretion of Bonus Shares: ITAT Confirms Section 11 Exemption for Tata Social Welfare Trust [Read Order]

The Mumbai bench of Income Tax Appellate Tribunal (ITAT) upheld Tata Social Welfare Trust’s claim for exemption under Section 11, rejecting the revenue’s allegation that bonus shares violated...

CESTAT holds Exemption under Notification 19/2009-ST as Prospective, upholds Right to Tax Option under Rule 6(7B) [Read Order]

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has partly allowed an appeal filed by M/s Foundation One Infrastructures Pvt. Ltd., holding that while the...

Supply of Medicines to In-patients by Pharmacy amounts to Composite Supply, exempt from GST: AAR [Read Order]

The Tamil Nadu Authority for Advance Ruling (AAR) has held that the supply of medicines and consumables to in-patients during their admission in a hospital constitutes a composite supply of...

2% TDS demand issued against CHA, No Proof Filed for Exemption: Madras grants Final Opportunity [Read Order]

The Madras High Court has granted a final opportunity to assessee, Customs House Agent (CHA), to substantiate its claim that it was not liable to deduct tax at source (TDS) on certain...

International Students on OPT May Face Higher US Taxes Under Proposed DIGNITY Act

International students working in the United States under the Optional Practical Training (OPT) program may soon face a higher tax burden if a new immigration bill, the DIGNITY Act of 2025, becomes ...

Manufacturer Cannot Pay Duty on One Brand and Claim SSI Exemption on Another in Same FY: CESTAT [Read Order]

The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that a manufacturer cannot pay excise duty on one brand and simultaneously claim Small Scale Industry...

S.12A Registration Mandatory For Claiming S. 11 Exemption: ITAT Upholds ₹5.80 Crore Addition to Town Planning Authority [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled a valid registration under Section 12A of the Income Tax Act, 1961 is mandatory to claim exemptions under Sections 11 and...