![Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-Income-Tax-Addition-Upheld-taxscan.jpg "Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]")
Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT )observed that the Income Tax Addition was upheld without Application of Mind and deleted...
![Service Tax Would be Chargeable Only on Rent Collected from Leasing of Immovable Property: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-Immovable-Property-Leasing-of-Immovable-Property-taxscan.jpg "Service Tax Would be Chargeable Only on Rent Collected from Leasing of Immovable Property: CESTAT [Read Order]")
![ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-AO-stamp-duty-Letter-of-Allotment-I.T-Act-ITAT-directs-AO-to-consider-stamp-duty-value-taxscan.jpg "ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]")
Service Tax Leviable only on Receiver of Service from Foreign Bank under “Banking and Other Financial Services”: CESTAT [Read Order]
The Allahabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the service tax can be levied only on the service receiver from the foreign bank which falls under the...
![Service Tax Leviable only on Receiver of Service from Foreign Bank under “Banking and Other Financial Services”: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/CESTAT-News-Excise-Customs-Service-Tax-CESTAT-Allahabad-Banking-Other-Financial-Services-Tax-News-TAXSCAN.jpg "Service Tax Leviable only on Receiver of Service from Foreign Bank under “Banking and Other Financial Services”: CESTAT [Read Order]")
Relief to Adani Enterprises: CESTAT sets aside Service Tax on Management Consultancy Services as POT not applicable to Period before POT Rules [Read Order]
In the case of Adani Enterprises, the Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) set aside service tax on management consultancy services as to Point of...
![Relief to Adani Enterprises: CESTAT sets aside Service Tax on Management Consultancy Services as POT not applicable to Period before POT Rules [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Relief-to-Adani-Enterprise-CESTAT-Service-Tax-Management-Consultancy-Services-POT-POT-Rules-taxscan.jpg "Relief to Adani Enterprises: CESTAT sets aside Service Tax on Management Consultancy Services as POT not applicable to Period before POT Rules [Read Order]")
ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has disallowed the indexed cost of acquisition and improvement on failure to produce conveyance deed. The assessee, Padmanabhan Mohan, was...
![ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-cost-of-Acquisition-cost-of-Acquisition-and-improvement-on-Failure-taxscan.jpg "ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]")
![CBIC Circulars are Binding on Service Tax Dept: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/CBIC-Circulars-Binding-Service-Tax-Dept-Jharkhand-HC-TAXSCAN.jpg "CBIC Circulars are Binding on Service Tax Dept: Jharkhand HC [Read Order]")
Electricity Supply Bundled with Property Rent or Maintenance Treated as Composite Supply, CBIC Clarifies [Read Circular]
Regarding the imposition of Goods and Services Tax (GST) on the provision of electricity by real estate firms, shopping malls, airport operators, and similar entities to their tenants or occupants,...
![Electricity Supply Bundled with Property Rent or Maintenance Treated as Composite Supply, CBIC Clarifies [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/11/Electricity-Supply-Bundled-Property-Rent-Maintenance-Treated-Composite-Supply-CBIC-taxscan.jpg "Electricity Supply Bundled with Property Rent or Maintenance Treated as Composite Supply, CBIC Clarifies [Read Circular]")
Recipient of Service Not Eligible for ITC on GST Paid for Transfer of Rights of Leasehold Land as Services Constitute Construction of Immovable Property: AAR [Read Order]
The Goods and Services Tax (GST) Authority for Advance Ruling (AAR), Gujarat has held that a recipient of services is not eligible to claim Input Tax Credit (ITC) on the GST paid for the transfer of...
![Recipient of Service Not Eligible for ITC on GST Paid for Transfer of Rights of Leasehold Land as Services Constitute Construction of Immovable Property: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Recipient-of-Service-Not-Eligible-for-ITC-GST-Paid-for-Transfer-Rights-of-Leasehold-Land-Services-Constitute-Construction-Immovable-Property-AAR-TAXSCAN.jpg "Recipient of Service Not Eligible for ITC on GST Paid for Transfer of Rights of Leasehold Land as Services Constitute Construction of Immovable Property: AAR [Read Order]")