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![Acquisition of Capital Asset isn’t for extension of Existing Business: ITAT deletes disallowance of Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Acquisition-of-capital-asset-business-ITAT-disallowance-of-interest-Taxscan.jpg "Acquisition of Capital Asset isn’t for extension of Existing Business: ITAT deletes disallowance of Interest [Read Order]")
Acquisition of Capital Asset isn’t for extension of Existing Business: ITAT deletes disallowance of Interest [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while deleting the disallowance of interest held that the acquisition of the capital asset...
![Startup India Seed Fund Scheme: Centre notifies corpus of Rs.945 Crores financial assistance for start-ups [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/Startup-India-Seed-Fund-Scheme-taxscan.jpeg "Startup India Seed Fund Scheme: Centre notifies corpus of Rs.945 Crores financial assistance for start-ups [Read Notification]")
![No ITC available on Demo Vehicles available in furtherance of business: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/ITC-demo-vehicles-business-AAR-taxscan.jpg "No ITC available on Demo Vehicles available in furtherance of business: AAR [Read Order]")
Grant of GST Registration only after Physical Verification of Business place if Aadhaar Authentication isn’t done: Delhi Govt. [Read Notification]
The Delhi Government notified the Delhi Goods and Services Tax (Third Amendment) Rules, 2020 to further amend the Delhi Goods and Services Tax Rules, 2017. The notification stated that while...
![Grant of GST Registration only after Physical Verification of Business place if Aadhaar Authentication isn’t done: Delhi Govt. [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Delhi-Government-GST-Registration-Physical-Verification-Business-Aadhaar-Authentication-GST-Taxscan.jpeg "Grant of GST Registration only after Physical Verification of Business place if Aadhaar Authentication isn’t done: Delhi Govt. [Read Notification]")
GST: ITC can’t be availed on payment of Lease Premium Charges towards Land lease for business purpose: AAR
The Telangana Authority of Advance Ruling (AAR) held that the applicant, M/s. Daicel Chiral Technologies (India) Private Limited is not eligible to avail Input Tax Credit(ITC) on payment of one time...
