![Explanation 7 of Section 9(1)(i) of Income Tax Act has retrospective effect: Delhi HC upholds Deletion of Addition towards LTCG [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Income-Tax-Act-LTCG-HC-retrospective-effect-taxscan.jpg "Explanation 7 of Section 9(1)(i) of Income Tax Act has retrospective effect: Delhi HC upholds Deletion of Addition towards LTCG [Read Order]")
Explanation 7 of Section 9(1)(i) of Income Tax Act has retrospective effect: Delhi HC upholds Deletion of Addition towards LTCG [Read Order]
The Delhi High Court has held that Explanation 7 of Section 9(1)(i) of the Income Tax Act, 1961has retrospective effect and upheld...
![No Service Tax Leviable on Institute conducting coaching and Training for issue of Pilot certificate which is recognized by law: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/institute-conducting-Pilot-Certifcate-CESTAT-Chennai-bench-taxscan.jpg "No Service Tax Leviable on Institute conducting coaching and Training for issue of Pilot certificate which is recognized by law: CESTAT [Read Order]")
![Reference to TPO for TP adjustment towards SDT Under Section 92BA(i) of IT Act to be omitted as per Finance Act 2017: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/TPO-income-tax-Reference-to-TPO-for-TP-ITAT-taxscan.jpg "Reference to TPO for TP adjustment towards SDT Under Section 92BA(i) of IT Act to be omitted as per Finance Act 2017: ITAT [Read Order]")
![Section 40(a)(ia) of Income Tax Act is Declaratory and Retrospective: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-HC-Income-Tax-Act-Income-Tax-Act-is-Declaratory-and-Retrospective-taxscan.jpg "Section 40(a)(ia) of Income Tax Act is Declaratory and Retrospective: Delhi HC [Read Order]")
No service on Penalty or Compensation Received for any Loss or Damage Caused by Breach or Non-Performance of Contract: CESTAT rules in favour of Fab India Ltd [Read Order]
The Delhi bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) in the case of Fab India Limited, held that no service on penalty or compensation was received for any loss or...
![No service on Penalty or Compensation Received for any Loss or Damage Caused by Breach or Non-Performance of Contract: CESTAT rules in favour of Fab India Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Fab-India-Delhi-bench-Non-Performance-of-Contract-Damage-Caused-TAXSCAN.jpg "No service on Penalty or Compensation Received for any Loss or Damage Caused by Breach or Non-Performance of Contract: CESTAT rules in favour of Fab India Ltd [Read Order]")
Relief to Tamil Nadu Electricity Board: CESTAT quashes Service Tax Demand on GTA Service on ground of Limitation [Read Order]
The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) granted relief to the TamilNadu Electricity Board by quashing the service tax demand on the Goods Transport Agent...
![Relief to Tamil Nadu Electricity Board: CESTAT quashes Service Tax Demand on GTA Service on ground of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Tamil-Nadu-Electricity-Board-Service-Tax-Demand-on-GTA-Service-CESTAT-taxscan.jpg "Relief to Tamil Nadu Electricity Board: CESTAT quashes Service Tax Demand on GTA Service on ground of Limitation [Read Order]")
Service Tax leviable on Tangible goods supplied without transferring Right of possession covered under ‘Supply of tangible goods services’ w.e.f. 16.05.2008: CESTAT [Read Order]
The Chandigarh bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that service tax can be levied on tangible goods supplied along with operators on a monthly hire basis...
![Service Tax leviable on Tangible goods supplied without transferring Right of possession covered under ‘Supply of tangible goods services’ w.e.f. 16.05.2008: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Service-Tax-Leviable-Supply-of-tangible-goods-services-transferring-Right-of-possession-covered-taxscan.jpg "Service Tax leviable on Tangible goods supplied without transferring Right of possession covered under ‘Supply of tangible goods services’ w.e.f. 16.05.2008: CESTAT [Read Order]")
![No Service Tax on activity to Military Engineering Services provided to Government: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Military-Engineering-Services-Military-Engineering-Services-provided-to-Government-Ahmedabad-Bench-Service-Tax-taxscan.jpg "No Service Tax on activity to Military Engineering Services provided to Government: CESTAT [Read Order]")
CESTAT Upholds Sanctioning of Service Tax Refund Claim on Issuance of Invoices on ground of Non-violation of Section 11B of Central Excise Act
The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the sanctioning of service tax refund claims on the issuance of invoices on the ground of non-violation...
Service Tax Paid after Availing Abatement of 67 % along with Interest: CESTAT sets aside Penalty in Absence of Intention to Evade Tax [Read Order]
The Chandigarh Bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) set aside the penalty in the absence of intention to evade tax as the service tax was paid by the assessee...
![Service Tax Paid after Availing Abatement of 67 % along with Interest: CESTAT sets aside Penalty in Absence of Intention to Evade Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Service-Tax-Penalty-in-Absence-of-Intention-to-Evade-Tax-Penalty-CESTAT-news-CESTAT-taxscan.jpg "Service Tax Paid after Availing Abatement of 67 % along with Interest: CESTAT sets aside Penalty in Absence of Intention to Evade Tax [Read Order]")
ITAT allows Carry Forward of Unabsorbed Depreciation Pertaining to AY.s 1997-98 to 2000-01 for Unrestricted Set off [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, has allowed the carry forward of unabsorbed depreciation from assessment years 1997-98 to 2000-01 for set-off without any time limit. Windsor...
![ITAT allows Carry Forward of Unabsorbed Depreciation Pertaining to AY.s 1997-98 to 2000-01 for Unrestricted Set off [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-Carry-Forward-Unabsorbed-Depreciation-Pertaining-Unrestricted-Set-off-TAXSCAN.jpg "ITAT allows Carry Forward of Unabsorbed Depreciation Pertaining to AY.s 1997-98 to 2000-01 for Unrestricted Set off [Read Order]")