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![No Depreciation allowed on Toll Roads developed on BOT basis as Tangible Assets: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-BOT-Basis-Build-Operate-and-Transfer-Tangible-Assets-Toll-Roads-Toll-Roads-developed-BOT-ITAT-news-taxscan.jpg "No Depreciation allowed on Toll Roads developed on BOT basis as Tangible Assets: ITAT [Read Order]")
No Depreciation allowed on Toll Roads developed on BOT basis as Tangible Assets: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) vitiated the claim of depreciation by an Assessee on a Toll Road constructed by them...
![Toll Collection on Behalf of NHAI Cannot be Considered as Business Auxiliary Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Toll-Collection-on-Behalf-of-NHAI-Cannot-be-Considered-as-Business-Auxiliary-Service-Toll-Collection-on-Behalf-of-NHAI-NHAI-CESTAT-Taxscan.jpg "Toll Collection on Behalf of NHAI Cannot be Considered as Business Auxiliary Service: CESTAT [Read Order]")
![Collection of Toll /User Fee on behalf of NHAI Not amounts to Service: CESTAT Quashes Service Tax Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Collection-Toll-NHAI-Service-CESTAT-Service-Tax-Demand-TAXSCAN.jpg "Collection of Toll /User Fee on behalf of NHAI Not amounts to Service: CESTAT Quashes Service Tax Demand [Read Order]")
Karnataka HC seeks Union’s response over Toll Tax Exemption for Farmers during COVID-19 [Read Order]
The High Court of Karnataka asks the Central Government whether an exemption can be granted to farmers from paying toll tax on highways for a limited period considering the necessity which has arisen...
TDS Paid on Land Acquisition is Part of Compensation, Assessee cannot utilize it on Refund when it was deposited with HC: SC
In Baranagore Jute Factory Plc. Mazdoor Sangh (Bms) Etc v. Baranagore Jute Factory Plc , the two-judge bench of the Supreme Court observed that TDS paid on land acquisition is part of Compensation,...
