![Change in Ownership Does Not Restore Excise SSI Exemption If Turnover Limit Was Crossed Earlier: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114551-change-ownership-does-not-restore-excise-ssi-exemption-taxscan.webp "Change in Ownership Does Not Restore Excise SSI Exemption If Turnover Limit Was Crossed Earlier: CESTAT [Read Order]")
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 ...
![Transfer of Right to Use of Wagons to Indian Railways not Taxable Service but Deemed Sale; no Service Tax Applies: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/WhatsApp-Image-2024-08-05-at-12.15.29-PM.jpeg "Transfer of Right to Use of Wagons to Indian Railways not Taxable Service but Deemed Sale; no Service Tax Applies: CESTAT [Read Order]")
Addition u/s 69A can't be imposed when Assessee doesn't hold Ownership of Money and No Evidence has been found concerning Cash: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the addition under Section 69A of the Income Tax Act, 1961 cannot be imposed when the assessee doesn’t hold the ownership of the...
![Addition u/s 69A cant be imposed when Assessee doesnt hold Ownership of Money and No Evidence has been found concerning Cash: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-ITAT-delhi-Cash-Ownership-of-Money-Addition-Assessee-Ownership-taxscan.jpeg "Addition u/s 69A cant be imposed when Assessee doesnt hold Ownership of Money and No Evidence has been found concerning Cash: ITAT [Read Order]")
Ownership of Chassis will not Continue after Supply as per Chassis Supply Agreement: CESTAT holds Volvo Buses India Eligible for Excise Duty Exemption [Read Order]
The Bangalore bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held Volvo Buses India eligible for excise duty exemption as the ownership of chassis will not continue after...
![Ownership of Chassis will not Continue after Supply as per Chassis Supply Agreement: CESTAT holds Volvo Buses India Eligible for Excise Duty Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Ownership-Chassis-Chassis-Supply-Agreement-CESTAT-Volvo-Buses-India-Eligible-Excise-Duty-Exemption-taxscan-2.jpg "Ownership of Chassis will not Continue after Supply as per Chassis Supply Agreement: CESTAT holds Volvo Buses India Eligible for Excise Duty Exemption [Read Order]")
ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]
The High Court of Karnataka has held that the Automated Teller Machine (ATM) Management Services provided by service provider companies to the banks are not liable to Value Added Tax (VAT) as there...
![ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ATM-Management-Services-ATM-Banks-Not-Liable-to-VAT-VAT-Transfer-of-Ownership-Possession-Service-Tax-Applies-Karnataka-High-Court-taxscan.jpg "ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]")
No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal (ITAT) held that no addition could be made by the way of disallowance of capital loss on account of no change in real ownership of the company of...
![No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Addition-No-Addition-can-be-made-Disallowance-of-Capital-Loss-on-Account-Account-Disallowance-Capital-Loss-Way-of-Disallowance-Real-Ownership-of-Company-Ownership-of-Company-taxscan.jpg "No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]")
Customs Department is Precluded to Decide Title of Goods on no Dispute of Ownership: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the department cannot self-assign to itself the duty of declaring bad in law the certificate issued...
![Customs Department is Precluded to Decide Title of Goods on no Dispute of Ownership: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Customs-Department-Customs-Department-is-Precluded-Title-of-Goods-Goods-Dispute-of-Ownership-Ownership-CESTAT-Customs-Excise-Service-Tax-taxscan.jpg "Customs Department is Precluded to Decide Title of Goods on no Dispute of Ownership: CESTAT [Read Order]")
Interest Income from FDRs not Taxable till the Date of Final Arbitral Award where Ownership is Determined: Delhi HC [Read Order]
The Delhi High Court has held that the income tax is not leviable on the interest income from FDRs till the date of the final arbitral awardwhere the ownership of such FDRs was finally established. ...
![Interest Income from FDRs not Taxable till the Date of Final Arbitral Award where Ownership is Determined: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Income-FDRs-Delhi-HC-TAXSCAN.jpg "Interest Income from FDRs not Taxable till the Date of Final Arbitral Award where Ownership is Determined: Delhi HC [Read Order]")