CESTAT quashes Service Tax demand against MTNL on Compensation amount received towards Development Rights and denial of CENVAT Credit
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Delhi Bench quashed the demand of service tax on compensation amount received...
![Relief to Shilpa Medicare: ITAT allows Deduction for Expenditure incurred on Research and Development [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Shilpa-Medicare-ITAT-deduction-expenditure-research-and-development-Taxscan.jpeg "Relief to Shilpa Medicare: ITAT allows Deduction for Expenditure incurred on Research and Development [Read Order]")
Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]
The Calcutta High Court burdened the Tax Department with the cost of Rs.50,000 for filing belated appeal where tax effect was less than Rs.1 Crore. The revenue filed the appeal against the order...
![Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Calcutta-HC-Tax-Dept-belated-appeal-tax-effect-taxscan.jpg "Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]")
![Detention Order can’t be quashed for mere delay in Execution: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Detention-Order-quashed-mere-delay-Execution-Delhi-High-Court-Taxscan.jpg "Detention Order can’t be quashed for mere delay in Execution: Delhi High Court [Read Judgment]")
Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi held that the option money received by the assessee is capital receipt which requires an adjustment only at the time of transfer of the shares by Dabur...
![Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Dabur-money-Capital-Receipt-adjustment-Transfer-of-Shares-ITAT-taxscan.jpg "Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]")
Govt notifies Court of Session as Special Court for trial of cases under PMLA in Haryana, Punjab, Chandigarh [Read Notification]
The Government notified the Court of Session designated as Special Court under the Prevention of Money-Laundering Act, 2002 for the trial of cases under PMLA in Haryana, Punjab, and in the Union...
Supreme Court alters its Direction on Constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members [Read Order]
The Supreme Court altered its direction on the constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members. This Miscellaneous Application has been filed for...
![Supreme Court alters its Direction on Constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Supreme-Court-Constitution-of-Search-Cum-Selection-Committee-Appointment-of-Tribunal-Members-Taxscan.jpeg "Supreme Court alters its Direction on Constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members [Read Order]")
Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]
The Karnataka High Court deleted disallowance made in respect of Expenditure incurred from income not includible in total income under Section 14A of Income Tax Act. The assessee, Hindustan...
![Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/Karnataka-High-Court-disallowance-Expenditure-income-Taxscan.jpg "Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]")