Goods and Services Tax

Upcoming GST Council Meet expects to approve - Appellate Tribunal Branches - TAXSCAN

Upcoming GST Council Meet expects to approve 50 Appellate Tribunal Branches

June 9, 2023

Availability of Alternative Remedy under GST Act - Alternative Remedy - GST - GST Act - Calcutta High Court - Violation of Principles of Natural Justice - Taxscan

Availability of Alternative Remedy under GST Act: Calcutta HC dismisses Writ Petition against Violation of Principles of Natural Justice [Read Order]

June 8, 2023

GST ITC - GST - ITC - Work Contract Services for Construction of Hotel Building - Work Contract Services - Construction of Hotel Building - Hotel Building - Tripura Highcourt - taxscan

GST ITC available on Taxable Work Contract Services for Construction of Hotel Building: Tripura HC [Read Order]

June 8, 2023

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Glass manufacturing - ITAT -Fabrication Charges received from AE for Manufacturing Glass - TAXSCAN

Fabrication Charges received from AE for Manufacturing Glass is not FTS under India-Singapore Tax Treaty :ITAT [Read Order]

June 10, 2023

The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that fabrication charges received from Associate Enterprise (AE) for manufacturing glass is not Fee for Technical Services (FTS) under India-Singapore Tax Treaty. The Assessee Owens Corning Inc. is incorporated in Singapore and a group concern of Owens Corning Group of Companies, a leading […]

Cessation of Liabilty - Income Tax Act - Income Tax - Income for Addition - ITAT sets aside Addition - taxscan

Cessation of Liabilty u/s 41(1) of Income Tax Act cannot be treated as Income for Addition : ITAT sets aside Addition[Read Order]

June 10, 2023

The Delhi bench of Income Tax Appellate Tribunal ( ITAT) held that cessation of liability under Section 41(1) of Income Tax Act,1961 cannot be treated as an income for addition. Raunika Fashion Pvt. Ltd, the appellant assessee e-filed its return of income declaring total income at ‘Nil’ and claimed loss of an amount for the […]

Penalty - IT Act - Concealment of Income or Filing of Inaccurate Particulars of Income - Concealment of Income - Income - Filing of Inaccurate Particulars of Income - Particulars of Income - ITAT - Taxscan

Penalty imposed u/s 271(1)(c) of IT Act without proving either Concealment of Income or Filing of Inaccurate Particulars of Income: ITAT quashes Order [Read Order]

June 10, 2023

The Dehradun bench of the Income Tax Appellate Tribunal ( ITAT) held that the penalty imposed under section 271(1)(c ) of the Income Tax Act,1961 without proving either concealment of income or filing of inaccurate particulars of income is invalid. Saraswati Dynamics Pvt. Ltd, the appellant assessee filed the appeal against the order passed by […]

ITAT upholds denial of Registration - Income Tax Act on Absence of proving Genuineness of Charitable Activity - TAXSCAN

ITAT upholds denial of Registration filed u/s 12AB of Income Tax Act on Absence of proving Genuineness of Charitable Activity [Read Order]

June 10, 2023

The Pune bench of Income Tax Appellate Tribunal (ITAT) has recently upheld that denial of registration filed under Section 12AB of Income Tax Act 1961 in absence of proving genuineness of charitable activity. The Section 12AB of Income Tax Act deals with registration of charitable trust.if the trust is not registered as per section 12AB […]

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Fabrication Charges received from AE for Manufacturing Glass is not FTS under India-Singapore Tax Treaty :ITAT [Read Order]

June 10, 2023

Cessation of Liabilty u/s 41(1) of Income Tax Act cannot be treated as Income for Addition : ITAT sets aside Addition[Read Order]

June 10, 2023

Penalty imposed u/s 271(1)(c) of IT Act without proving either Concealment of Income or Filing of Inaccurate Particulars of Income: ITAT quashes Order [Read Order]

June 10, 2023

ITAT upholds denial of Registration filed u/s 12AB of Income Tax Act on Absence of proving Genuineness of Charitable Activity [Read Order]

June 10, 2023

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