![Unabsorbed Depreciation pertaining to AY can be carried forward and set off in the Later Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Network-Rights-Depreciation-Taxscan.jpg "Unabsorbed Depreciation pertaining to AY can be carried forward and set off in the Later Year: ITAT [Read Order]")
Unabsorbed Depreciation pertaining to AY can be carried forward and set off in the Later Year: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) in Mumbai held that unabsorbed depreciation pertaining to assessing year AY 1997-98 to AY 2001-02 can be...
![Finance Ministry notifies Redrafted Rules governing the Tenure of various Appellate Tribunal Chairpersons and Members [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/02/Appellate-Tribunal-Finance-Ministry-Redrafted-Rules-Authority-Taxscan.jpg "Finance Ministry notifies Redrafted Rules governing the Tenure of various Appellate Tribunal Chairpersons and Members [Read Notification]")
![Error in Short-Levy of Service Tax can be ratified by Assessee either by Suo-Moto or Paying the Tax ascertained before Serving of Notice: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Service-Tax-Error-Suo-Moto-Tax-Taxscan.jpg "Error in Short-Levy of Service Tax can be ratified by Assessee either by Suo-Moto or Paying the Tax ascertained before Serving of Notice: Madras HC [Read Judgment]")
Mere use of word ‘Principle to Principle’ basis can’t be termed as Franchise Service, not Taxable: CESTAT [Read Order]
The Customs Excise and Services Tax Appellate Tribunal (CESTAT) held that mere use of word ‘principle to principle’ cannot be a basis for the service fee which is taxable under the category of...
![Mere use of word ‘Principle to Principle’ basis can’t be termed as Franchise Service, not Taxable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Franchise-Service-Principle-To-Principle-No-Tax-CESTAT-Taxscan.jpg "Mere use of word ‘Principle to Principle’ basis can’t be termed as Franchise Service, not Taxable: CESTAT [Read Order]")
No Service Tax on ‘Club or Association Service’, and ‘Convention Service’ If Received Amount wholly Transmitted: CESTAT [Read Order]
While setting aside the order passed by Commissioner of Central GST and Central Excise, the Mumbai bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) held that department cannot...
![No Service Tax on ‘Club or Association Service’, and ‘Convention Service’ If Received Amount wholly Transmitted: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Convention-Service-Club-No-Service-Tax-CESTAT-Taxscan.jpg "No Service Tax on ‘Club or Association Service’, and ‘Convention Service’ If Received Amount wholly Transmitted: CESTAT [Read Order]")
![CBDT issues detailed circular on TDS from Salaries for FY 2019-20 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2019/07/Cooperative-Society-TDS-GST-Taxscan.jpg "CBDT issues detailed circular on TDS from Salaries for FY 2019-20 [Read Circular]")
Recovery of Social Welfare Surcharge can’t be made by debiting Amount from Scrips under MEIS/SEIS: Madras HC [Read Judgment]
The Madras High Court in the case of M/s Gemini Edibles and Fats India Pvt. Ltd. v Union of India while making liable the petitioner to pay appropriate social welfare surcharge held that the recovery...
![CESTAT quashes Show Cause Notice issued after 5 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/CESTAT-Taxscan-1.jpg "CESTAT quashes Show Cause Notice issued after 5 Years [Read Order]")
![WAN / PGN services are not Taxable under OIDAR Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/OIDAR-Service-GST-CESTAT-Taxscan.jpg "WAN / PGN services are not Taxable under OIDAR Service: CESTAT [Read Order]")
CBDT to Levy Penalty for not providing Facility to Accept Digital Payments from Feb 1st [Read Notification & Circular]
The Central Board of Direct Taxes ( CBDT ) to levy a penalty for not providing facility to accept digital payments from February 1st, 2020. In furtherance to the declared policy objective of the...
![CBDT to Levy Penalty for not providing Facility to Accept Digital Payments from Feb 1st [Read Notification & Circular]](https://www.taxscan.in/wp-content/uploads/2020/01/Digital-Payments-Penalty-CBDT-Taxscan.jpg "CBDT to Levy Penalty for not providing Facility to Accept Digital Payments from Feb 1st [Read Notification & Circular]")