CBDT signs highest number of Advance Pricing Agreements in FY 2023-2024
The Central Board of Direct Taxes ( CBDT ) of India announced a significant increase in Advance Pricing Agreements ( APAs ) signed with Indian...
Trust engaged in providing Bogus bills for donation: ITAT rejects deduction claimed u/s 35 (1) (ii) of Income Tax Act [Read Order]
The Ahmadabad bench of the Income Tax Appellate Tribunal ( ITAT ) rejected the deduction claimed under Section 35(1)(ii) of the Income Tax Act, 1961, citing that the trust was involved in issuing...
![Trust engaged in providing Bogus bills for donation: ITAT rejects deduction claimed u/s 35 (1) (ii) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Ahmadabad-Income-Tax-Act-Section-351ii-Income-Tax-Act-Trust-donation-bill-fraud-Deduction-rejection-for-bogus-donations-Taxscan.jpg "Trust engaged in providing Bogus bills for donation: ITAT rejects deduction claimed u/s 35 (1) (ii) of Income Tax Act [Read Order]")
GST e-Invoice Portal Update: Government Launches Enhanced System with Quick Action e-Invoice Features
The Government of India, along with States and Union Territories, has unveiled an upgraded Goods and Services Tax ( GST ) system, introducing the new e-Invoice System. The portal provides users with...
Attempt to Avail Refund of ADD paid: Bombay HC dismisses Writ Challenging Customs Anti Dumping Duty Notifications [Read Order]
In a recent case, the Bombay High Court while dismissing the writ petition challenging the custom Anti Dumping Duty Notification on attempt to avail the refund of Anti Dumping Duty paid . The...
Services of Leasing Land for Industrial purposes cannot be Treated as an Exempt Supply: AAR [Read Order]
The West Bengal bench of the Authority for Advance Ruling (AAR) observed that services of leasing land for industrial purposes cannot be treated as an exempt supply The issue to be decided was...
![Services of Leasing Land for Industrial purposes cannot be Treated as an Exempt Supply: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/AAR-Authority-for-Advance-Ruling-AAR-west-bengal-TAXSCAN.jpg "Services of Leasing Land for Industrial purposes cannot be Treated as an Exempt Supply: AAR [Read Order]")
