![Delhi HC upholds Income Tax Addition to Declared Income on Money received under Marketing Assistance Programme [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-HC-Income-Tax-Declared-Income-Money-received-Marketing-Assistance-Programme-TAXSCAN.webp "Delhi HC upholds Income Tax Addition to Declared Income on Money received under Marketing Assistance Programme [Read Order]")
Delhi HC upholds Income Tax Addition to Declared Income on Money received under Marketing Assistance Programme [Read Order]
The Delhi High Court upheld the income tax addition to declared income on money received under Marketing Assistance Programme (MPA). The record...
![Payment made by Assessee as Shareholder of Company for Construction of Building on a plot shall not be Unexplained Investment u/s. 69 of I.T Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Payment-assessee-shareholder-company-for-construction-building-plot-unexplained-investment-I.T-Act-ITAT-TAXSCAN.jpeg "Payment made by Assessee as Shareholder of Company for Construction of Building on a plot shall not be Unexplained Investment u/s. 69 of I.T Act: ITAT [Read Order]")
![Value of Property assessed by SVA on date of Agreement to Sale shall be taken for computing full value of consideration for Transfer u/s 50C: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Value-Property-assessed-SVA-Agreement-computing-full-value-consideration-ITAT-taxscan.jpg "Value of Property assessed by SVA on date of Agreement to Sale shall be taken for computing full value of consideration for Transfer u/s 50C: ITAT [Read Order]")
![No Deduction u/s 80I(4) of Income Tax Act to be Allowed without Agreement between Assessee and Government /Statutory body: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-Deduction-Income-Tax-Act-Allowed-Agreement-Assessee-Government-Statutory-body-ITAT-taxscan.jpg "No Deduction u/s 80I(4) of Income Tax Act to be Allowed without Agreement between Assessee and Government /Statutory body: ITAT [Read Order]")
![Findings of SVB are not Binding on Commissioner of Customs: CESTAT directs to Ascertain Veracity of Data from Balance Sheet [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Findings-SVB-Binding-Commissioner-Customs-CESTAT-Ascertain-Veracity-Data-Balance-Sheet-TAXSCAN.jpg "Findings of SVB are not Binding on Commissioner of Customs: CESTAT directs to Ascertain Veracity of Data from Balance Sheet [Read Order]")
Cloud Computing Services Rendered by Amazon Web Services to customers in India do not fall within “FIS” under Article 12(4)(b) of the India-USA DTAA: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the cloud computing services rendered by Amazon web services to customers in India do not fall within the Fee for Technical...
![Cloud Computing Services Rendered by Amazon Web Services to customers in India do not fall within “FIS” under Article 12(4)(b) of the India-USA DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Cloud-Services-Amazon-Web-Services-customers-India-USA-DTAA-ITAT-TAXSCAN.jpg "Cloud Computing Services Rendered by Amazon Web Services to customers in India do not fall within “FIS” under Article 12(4)(b) of the India-USA DTAA: ITAT [Read Order]")
Services Rendered by Indian Company to Non-Resident Assessee on Principal to Principal basis based on Canvasser Agent Agreement not taxable in India: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the services rendered by Indian Company to non-resident assessee on principal-to-principal basis based on Canvasser Agent...
![Services Rendered by Indian Company to Non-Resident Assessee on Principal to Principal basis based on Canvasser Agent Agreement not taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Services-Rendered-by-Indian-Company-to-Non-Resident-Assessee-on-Principal-to-Principal-Canvasser-Agent-Agreement-taxable-in-India-ITAT-TAXSCAN.jpg "Services Rendered by Indian Company to Non-Resident Assessee on Principal to Principal basis based on Canvasser Agent Agreement not taxable in India: ITAT [Read Order]")
Brand Promotion by Cricket Player Pinal Rohit Shah as per Agreement with Mumbai Indians does not fall under Business Auxiliary Service: CESTAT [Read Order]
The Ahmedabad bench Customs, Excise and Service Tax Appellate Tribunal (CESTAT) have held that brand promotion by cricket player Pinal Rohit Shah as per agreement with the Mumbai Indians does not...
![Brand Promotion by Cricket Player Pinal Rohit Shah as per Agreement with Mumbai Indians does not fall under Business Auxiliary Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Brand-Promotion-by-Cricket-Player-Pinal-Rohit-Shah-as-per-Agreement-with-Mumbai-Indians-does-not-fall-under-Business-Auxiliary-Service-CESTAT-TAXSCAN.jpg "Brand Promotion by Cricket Player Pinal Rohit Shah as per Agreement with Mumbai Indians does not fall under Business Auxiliary Service: CESTAT [Read Order]")
Absence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the absence of a formal loan agreement or repayment schedule does not justify treating the unsecured loan as unexplained cash...
![Absence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/loan-agreement-unsecured-loan-unexplained-cash-credit-itat-income-tax-tax-absence-of-formal-loan-agreement-treating-unsecured-loan-as-unexplained-cash-credit-cash-credit-taxscan.jpg "Absence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
Credit Note Issued by Manufacturer to Dealer related to Replacement of Defective Part is a Valuable Consideration, Tata Motors Liable to Pay Sales Tax: Supreme Court [Read Judgement]
The Supreme Court has ruled that a credit note issued by an automobile manufacturer to a dealer related to defective Parts is a Valuable Consideration and held Tata Motors liable to pay Sales Tax. ...
![Credit Note Issued by Manufacturer to Dealer related to Replacement of Defective Part is a Valuable Consideration, Tata Motors Liable to Pay Sales Tax: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/05/CREDIT1.jpg "Credit Note Issued by Manufacturer to Dealer related to Replacement of Defective Part is a Valuable Consideration, Tata Motors Liable to Pay Sales Tax: Supreme Court [Read Judgement]")
Enforceability of Agreement to Sale cannot be denied Unless Fresh Affidavits are Verified: ITAT deletes Addition u/s 69 [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition under Section 69 of the Income Tax Act, 1961 holding that the enforceability of agreement to sale could not be...
![Enforceability of Agreement to Sale cannot be denied Unless Fresh Affidavits are Verified: ITAT deletes Addition u/s 69 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Enforceability-of-Agreement-to-Sale-Unless-Fresh-Affidavits-are-Verified-ITAT-deletes-Addition-us-69-TAXSCAN.jpg "Enforceability of Agreement to Sale cannot be denied Unless Fresh Affidavits are Verified: ITAT deletes Addition u/s 69 [Read Order]")
Seller not Liable to charge GST on Infrastructure Development Charges if Booking and Agreement follow Release of Roads to Authorities: AAR [Read Order]
The Karnataka Bench of the Authority for Advance Ruling (AAR) has ruled that the seller of a plot is not liable to charge Goods and Services Tax (GST) on infrastructure development charges if the...
![Seller not Liable to charge GST on Infrastructure Development Charges if Booking and Agreement follow Release of Roads to Authorities: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Seller-not-Liable-to-charge-GST-on-Infrastructure-Development-Charges-Booking-and-Agreement-follow-Release-of-Roads-to-Authorities-AAR-TAXSCAN.jpg "Seller not Liable to charge GST on Infrastructure Development Charges if Booking and Agreement follow Release of Roads to Authorities: AAR [Read Order]")