![NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/NFAC-Deductions-Claim-Appeal-Revised-Return-ITAT-Income-Tax-Tax-taxscan.jpg "NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]")
NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the National Faceless Appeal Centre (NFAC) cannot refuse to accept deduction...
![Claim of Deduction u/s 80P of Income Tax Act is Conditional on filing Return within Due Date: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Claim-of-Deduction-Income-Tax-Act-Return-Kerala-HC-TAXSCAN.jpg "Claim of Deduction u/s 80P of Income Tax Act is Conditional on filing Return within Due Date: Kerala HC [Read Order]")
![Issue Regarding Claim of Depreciation Cannot Decided Until Dispute Regarding Capitalization of Expenses in Assessment Order is decided: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Claim-Depreciation-Decided-Dispute-Regarding-Capitalization-Assessment-Order-ITAT-TAXSCAN.jpg "Issue Regarding Claim of Depreciation Cannot Decided Until Dispute Regarding Capitalization of Expenses in Assessment Order is decided: ITAT [Read Order]")
Order passed without giving Reason for Denying Claim of ITC on Capital Goods under KVAT Act: Kerala HC sets aside Assessment Order [Read Order]
In a recent judgement, the Kerala High Court set aside the assessment order passed without giving the reason for denying the claim of ITC on capital goods under the Kerala Value Added Tax Act (KVAT...
![Order passed without giving Reason for Denying Claim of ITC on Capital Goods under KVAT Act: Kerala HC sets aside Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Claim-ITC-Capital-Goods-KVAT-Act-Kerala-High-Court-Assessment-Order-Assessment-Taxscan.jpg "Order passed without giving Reason for Denying Claim of ITC on Capital Goods under KVAT Act: Kerala HC sets aside Assessment Order [Read Order]")
Transaction has to be Proven Beyond Reasonable Doubt to Claim ITC u/s 70 of KVAT Act: Supreme Court [Read Judgement]
The Supreme Court of India has clarified that under Section 70 of the Karnataka Value Added Tax Act, 2003, dealers who claim Input Tax Credit ( ITC ) on their purchases must provide evidence of...
![Transaction has to be Proven Beyond Reasonable Doubt to Claim ITC u/s 70 of KVAT Act: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/03/Transaction-Claim-ITC-Claim-ITC-KVAT-Act-Supreme-Court-Taxscan.jpg "Transaction has to be Proven Beyond Reasonable Doubt to Claim ITC u/s 70 of KVAT Act: Supreme Court [Read Judgement]")
Relief to Framji Dinshaw Petit: Bombay HC quashes Assessment Order holding Right Claim of Carry Forward and Set Off of Deficit [Read Order]
In a major relief to Framji Dinshaw Petit Parsee Sanatorium, the petitioner, Bombay High Court quashed an assessment order after holding that there was right claim of carry forward and set off of...
![Relief to Framji Dinshaw Petit: Bombay HC quashes Assessment Order holding Right Claim of Carry Forward and Set Off of Deficit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Framji-Dinshaw-Petit-Bombay-High-Court-Assessment-Order-Assessment-Right-Claim-Claim-Carry-Forward-and-Set-Off-of-Deficit-Deficit-Taxscan.jpg "Relief to Framji Dinshaw Petit: Bombay HC quashes Assessment Order holding Right Claim of Carry Forward and Set Off of Deficit [Read Order]")
![Rajasthan Govt issues Guidelines for expeditious disposal of GST Refund Claims [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/GST-Refund-guidelines-GST-refund-refund-claim-Rajasthan-Govt-Rajasthan-Govt-issues-Guidelines-Taxscan.jpg "Rajasthan Govt issues Guidelines for expeditious disposal of GST Refund Claims [Read Order]")
Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]
The Pune Income Tax Appellate Tribunal ( ITAT ) denied the claim for exemption of income under section 11 of Income Tax Act on the ground that the Form No.10B was not filed along with the return of...
![Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Form-10B-Due-Date-ITR-ITAT-Claim-Income-Tax-Act-Income-Tax-Tax-taxscan.jpg "Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]")
Limitation Period of 2 Years Expires u/s 54 CGST Act: Bombay HC Restores Refund Claim [Read Order]
The Bombay High Court (HC), presided over by Justices Abhay Ahuja and Nitin Jamdar, reinstated the petitioner's refund claim, which had been denied on the grounds that the Central Goods and Services...
![Limitation Period of 2 Years Expires u/s 54 CGST Act: Bombay HC Restores Refund Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/CGST-Act-CGST-Bombay-High-Court-Refund-Claim-Refund-Claim-Taxscan.jpg "Limitation Period of 2 Years Expires u/s 54 CGST Act: Bombay HC Restores Refund Claim [Read Order]")
No Claim for benefit of SAD Exemption Notification on Import of parts of Articles of Jewellery: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), observed that no claim can be made for benefit of Special Additional Duty ( SAD ) exemption notification on...
![No Claim for benefit of SAD Exemption Notification on Import of parts of Articles of Jewellery: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Claim-SAD-Exemption-Notification-Import-Articles-of-Jewellery-Jewellery-Articles-CESTAT-taxscan.jpg "No Claim for benefit of SAD Exemption Notification on Import of parts of Articles of Jewellery: CESTAT [Read Order]")