![Discounts/Incentives from Honda Linked to Sale and Purchase of Goods not subject to Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Discounts-and-Incentives-Sale-and-Purchase-of-Goods-CESTAT-taxscan.jpg "Discounts/Incentives from Honda Linked to Sale and Purchase of Goods not subject to Service Tax: CESTAT [Read Order]")
Discounts/Incentives from Honda Linked to Sale and Purchase of Goods not subject to Service Tax: CESTAT [Read Order]
The New Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that discounts and incentives related to...
![Short-Payment of Invoices can be treated as Business Loss even If Claim is not substantiated with Specific Invoices: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Short-Payment-Business-Loss-Invoices-ITAT-taxscan.jpeg "Short-Payment of Invoices can be treated as Business Loss even If Claim is not substantiated with Specific Invoices: ITAT [Read Order]")
![No TDS on Discounts extended to Pre-paid SIM distributors on Transfer of pre-paid SIM Cards/Talk Time: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/TDS-Discounts-Pre-paid-SIM-pre-paid-SIM-cards-talk-time-ITAT-taxscan.jpeg "No TDS on Discounts extended to Pre-paid SIM distributors on Transfer of pre-paid SIM Cards/Talk Time: ITAT [Read Order]")
![Service Tax not payable on Discounts offered by Car Manufacturers to their Dealers for Onward Transmission to Corporate Customers: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Autobahn-Service-Tax-car-manufacturers-corporate-customers-CESTAT-Taxscan.jpg "Service Tax not payable on Discounts offered by Car Manufacturers to their Dealers for Onward Transmission to Corporate Customers: CESTAT [Read Order]")
![Discounts granted must be deducted from Invoice Value to avail Input Tax Credit: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Input-Tax-Credit-MRF-Taxscan.jpg "Discounts granted must be deducted from Invoice Value to avail Input Tax Credit: AAR [Read Order]")
Discount can't be treated as Bogus If Some Customers Denied: ITAT allows Deduction to Developers [Read Order]
“It is the decision of the business-men how much discount is to be allowed to a particular person and it is the prerogative of the assessee to run the business as per the business strategy adopted...
![Discount cant be treated as Bogus If Some Customers Denied: ITAT allows Deduction to Developers [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/diss.jpg "Discount cant be treated as Bogus If Some Customers Denied: ITAT allows Deduction to Developers [Read Order]")
Relief to Traders: Discounts not mentioned in Invoice are allowable as Expenditure, says ITAT [Read Order]
The cash/ trade discounts to the customers are allowable as business expenditure even if the same is not reflected in the invoice, said the Income Tax Appellate Tribunal, Hyderabad bench. The...
![Relief to Traders: Discounts not mentioned in Invoice are allowable as Expenditure, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "Relief to Traders: Discounts not mentioned in Invoice are allowable as Expenditure, says ITAT [Read Order]")
![Post- Sale Discounts cannot be Deducted from Transaction Value under GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Post-Sale-Discounts-Taxscan.jpg "Post- Sale Discounts cannot be Deducted from Transaction Value under GST: AAR [Read Order]")
Withdrawal of Discount by supplier doesn't amount to Pay: NAA dismisses Profiteering Charges against Flipkart [Read Order]
The National Anti-Profiteering Authority (NAA) has dismissed the allegation of profiteering against E-Commerce giant Flipkart Internet Pvt Ltd. The Profiteering complaint has been filed by a Chennai...
![Withdrawal of Discount by supplier doesnt amount to Pay: NAA dismisses Profiteering Charges against Flipkart [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Flipkart-Tax-Scan.jpg "Withdrawal of Discount by supplier doesnt amount to Pay: NAA dismisses Profiteering Charges against Flipkart [Read Order]")
![Discounts by E-Commerce Portals not Taxable: Flipkart gets relief from ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Flipkart-ITAT-Taxscan.jpg "Discounts by E-Commerce Portals not Taxable: Flipkart gets relief from ITAT [Read Order]")
![Discounts and Rebates would not form part of ‘Sale Price’: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Discounts and Rebates would not form part of ‘Sale Price’: Supreme Court [Read Judgment]")
