![Make vibrant system of Advance Ruling to reduce litigation: Supreme Court recommends changes to current system [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Supreme-Court-Advance-Ruling-Taxscan.jpeg "Make vibrant system of Advance Ruling to reduce litigation: Supreme Court recommends changes to current system [Read Judgment]")
Make vibrant system of Advance Ruling to reduce litigation: Supreme Court recommends changes to current system [Read Judgment]
The Supreme Court has recommended the Central Government to consider the efficacy of the advance tax ruling system and make it more comprehensive as...
![NCLAT orders NCLT to constitute bench comprising of Judicial Member and Technical Member for disposal of matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/NCLAT-NCLT-Judicial-Member-Technical-Member-Taxscan.jpg "NCLAT orders NCLT to constitute bench comprising of Judicial Member and Technical Member for disposal of matter [Read Order]")
![Claim of Expenditure under different Head of Income won’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Expenditure-ITAT-Taxscan-1.jpg "Claim of Expenditure under different Head of Income won’t attract Penalty: ITAT [Read Order]")
![Capital Gain Tax not leviable merely on Registration of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Capital-Gain-Tax-ITAT-sale-deed-Taxscan.jpg "Capital Gain Tax not leviable merely on Registration of Sale Deed: ITAT [Read Order]")
Bar on Subsequent Application to Income Tax Settlement Commission: Conflict between Legislative Intention and Judicial View
The scheme of Settlement of cases under the Income Tax Act 1961 is governed by Sections 245A to 245M contained in “Chapter XIX-A: Settlement of Cases”. In the common parlance, it is believed that the...
Karnataka Industrial Areas Development Board discharges Statutory Function, No Service Tax applicable: CESTAT [Read Order]
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT) ruled that the Karnataka Industrial Areas Development Board is not liable to pay the service tax at all as it is a statutory body...
![Karnataka Industrial Areas Development Board discharges Statutory Function, No Service Tax applicable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Karnataka-Industrial-Areas-Development-Board.jpeg "Karnataka Industrial Areas Development Board discharges Statutory Function, No Service Tax applicable: CESTAT [Read Order]")
DGOV guideline isn’t above Customs Valuation Rules, so value can only be enhanced on the basis of evidence: CESTAT [Read Order]
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT) while setting aside the impugned order held that Directorate General of Valuation (DGOV) guideline is not above Customs Valuation Rules,...
![DGOV guideline isn’t above Customs Valuation Rules, so value can only be enhanced on the basis of evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Customs-Valuation-Rules.jpeg "DGOV guideline isn’t above Customs Valuation Rules, so value can only be enhanced on the basis of evidence: CESTAT [Read Order]")
Maharashtra State Board Technical Education is 'State' under the Constitution, Immune from Taxation: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the Maharashtra State Board Technical Education comes within the meaning of “State” under Article 289 of the...
![Maharashtra State Board Technical Education is State under the Constitution, Immune from Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/ITAT-Constitution-Taxscan.jpg "Maharashtra State Board Technical Education is State under the Constitution, Immune from Taxation: ITAT [Read Order]")
Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]
The High Court of Rajasthan has rejected the bail application of the person accused of wrongful availment of Input Tax Credit (ITC) until the investigation is complete. The court directed that...
![Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/ITC-Bail-Rajasthan-High-Court-Taxscan.jpeg "Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]")