![CESTAT Upholds Sanctioning of Service Tax Rebate Claim on Advisory Services on ground of Refund Eligibility [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-Upholds-Sanctioning-Service-Tax-Rebate-Claim-Refund-Eligibility-Service-Tax-CESTAT-Advisory-Services-TAXSCAN.jpg "CESTAT Upholds Sanctioning of Service Tax Rebate Claim on Advisory Services on ground of Refund Eligibility [Read Order]")
CESTAT Upholds Sanctioning of Service Tax Rebate Claim on Advisory Services on ground of Refund Eligibility [Read Order]
The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) upheld the sanctioning of service tax rebate claim on the...
![Sale Agents rendered Services outside India and Payment made directly through Foreign Exchange are not Taxable under India-USA DTAA: ITAT allows Disallowance u/s 40(a)(i) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Sale-Agents-rendered-Services-outside-India-Payment-Foreign-Exchange-Taxable-India-USA-DTAA-ITAT-Disallowance-taxscan.jpg "Sale Agents rendered Services outside India and Payment made directly through Foreign Exchange are not Taxable under India-USA DTAA: ITAT allows Disallowance u/s 40(a)(i) [Read Order]")
![MMR Service will be Treated as Exempted Service When the Service Provider did not Receive full Convertible Foreign Exchange within the Time Period Provided under Statute: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/MMR-Service-Treated-as-Exempted-Service-Service-Provider-did-not-Receive-full-Convertible-Foreign-Exchange-Time-Period-Provided-under-Statute-CESTAT-TAXSCAN.jpg "MMR Service will be Treated as Exempted Service When the Service Provider did not Receive full Convertible Foreign Exchange within the Time Period Provided under Statute: CESTAT [Read Order]")
Providing Satellite Derived 3D Model Services is “Export of Services” u/s 2(6) of IGST Act: Bombay HC [Read Order]
In a recent decision the Bombay High Court observed that providing Satellite derived 3D model services is “export of services” under Section 2(6) of the Integrated Goods and Services Tax Act, 2017...
![Providing Satellite Derived 3D Model Services is “Export of Services” u/s 2(6) of IGST Act: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Providing-Satellite-Derived-3D-Model-Services-Export-Service-IGST-Act-Bombay-HC-TAXSCAN.jpg "Providing Satellite Derived 3D Model Services is “Export of Services” u/s 2(6) of IGST Act: Bombay HC [Read Order]")
Concessional Rate u/s 115 not Applicable when Money Deposited in Indian Rupees and not in Foreign Exchange Currency: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that the concessional rate under Section 115 of the Income Tax Act 1961 is not applicable when the money deposited is in Indian...
![Concessional Rate u/s 115 not Applicable when Money Deposited in Indian Rupees and not in Foreign Exchange Currency: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Concessional-Rate-Money-Deposited-in-Indian-Rupees-Foreign-Exchange-Currency-ITAT-TAXSCAN.jpg "Concessional Rate u/s 115 not Applicable when Money Deposited in Indian Rupees and not in Foreign Exchange Currency: ITAT [Read Order]")
Foreign Exchange Loss incurred for Converting Loan to Foreign Currency allowable as Business Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, held that the loss incurred in foreign exchange for converting loan to foreign currency is allowable as business loss. The assessee’s unit...
![Foreign Exchange Loss incurred for Converting Loan to Foreign Currency allowable as Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Foreign-Exchange-Loss-Foreign-Exchange-Foreign-Exchange-Loss-incurred-for-Converting-Loan-Converting-Loan-Loan-Foreign-Currency-allowable-as-Business-Loss-Foreign-Currency-Business-Loss-ITAT-Taxscan.jpg "Foreign Exchange Loss incurred for Converting Loan to Foreign Currency allowable as Business Loss: ITAT [Read Order]")
S10AA Deduction Benefit cannot be Denied Merely on Non-Receipt of Convertible Foreign Exchange on Deemed Exports: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, held that section S10AA deduction benefit cannot be denied merely on non-receipt of convertible...
![S10AA Deduction Benefit cannot be Denied Merely on Non-Receipt of Convertible Foreign Exchange on Deemed Exports: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Deduction-Deduction-Benefit-Denied-Merely-Non-Receipt-of-Convertible-Foreign-Exchange-Convertible-Foreign-Exchange-Convertible-Foreign-Exchange-on-Deemed-Exports-Deemed-Exports-taxscan.jpg "S10AA Deduction Benefit cannot be Denied Merely on Non-Receipt of Convertible Foreign Exchange on Deemed Exports: ITAT [Read Order]")
Relief to Abu-Dhabi Commercial Bank: Bombay HC allows withdrawal of appeal on disputed Income Tax claim being valued at “Nil” [Read Order]
The Bombay High Court allowed the withdrawal of appeal on disputed income tax claim being valued at “Nil”, thereby granting relief to Abu-Dhabi Commercial Bank Ltd. Abu Dhabi Commercial Bank...
![Relief to Abu-Dhabi Commercial Bank: Bombay HC allows withdrawal of appeal on disputed Income Tax claim being valued at “Nil” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Abu-Dhabi-Commercial-Bank-Commercial-Bank-Bombay-High-Court-withdrawal-appeal-Income-Tax-claim-Taxscan.jpg "Relief to Abu-Dhabi Commercial Bank: Bombay HC allows withdrawal of appeal on disputed Income Tax claim being valued at “Nil” [Read Order]")