![Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Excise-Duty-Demand-Data-Received-on-Pen-Drive-Reliable-Evidence-CESTAT-taxscan.jpg "Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]")
Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition for unexplained source of income as the assessee had sufficient...
![Service tax not leviable on charges for water, electricity and diesel in renting of immovable property: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Service-tax-not-leviable-charges-for-water-electricity-diesel-renting-immovable-property-CESTAT-taxscan.jpg "Service tax not leviable on charges for water, electricity and diesel in renting of immovable property: CESTAT [Read Order]")
![Disallowance of Interest u/s 36(1)(iii) Not attributable to Borrowed Amount utilized for Purchase of Immovable Property: ITAT restored issue to file of AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Disallowance-Interest-attributable-Borrowed-Amount-utilized-Purchase-Immovable-Property-ITAT-AO-TAXSCAN.jpg "Disallowance of Interest u/s 36(1)(iii) Not attributable to Borrowed Amount utilized for Purchase of Immovable Property: ITAT restored issue to file of AO [Read Order]")
![No service Tax on Renting of Immovable Property to or by Religious Body Before 1.07.2012: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-service-Tax-Renting-Immovable-Property-Religious-Body-CESTAT-taxscan.jpg "No service Tax on Renting of Immovable Property to or by Religious Body Before 1.07.2012: CESTAT [Read Order]")
![Confiscation of Immovable Property without Notice Compromises Integrity of Adjudication Process: CESTAT slams Customs Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Confiscation-Confiscation-of-Immovable-Property-Immovable-Property-Notice-taxscan.jpg "Confiscation of Immovable Property without Notice Compromises Integrity of Adjudication Process: CESTAT slams Customs Dept [Read Order]")
Ex-parte Addition on Unexplained Investment: ITAT directs Re adjudication of Addition towards source of Investment in Purchase of Immovable Property [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench directed readjudication in respect of additions made under Section 69 of the Income Tax Act, 1961 towards source of investment in the...
![Ex-parte Addition on Unexplained Investment: ITAT directs Re adjudication of Addition towards source of Investment in Purchase of Immovable Property [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Ex-parte-Unexplained-Investment-ITAT-Re-adjudication-Addition-Investment-Purchase-Immovable-Property-TAXSCAN.jpg "Ex-parte Addition on Unexplained Investment: ITAT directs Re adjudication of Addition towards source of Investment in Purchase of Immovable Property [Read Order]")
GST Applicable on Supervision Charges Collected by Electricity Distribution Company for Electricity Line Installation, Material Costs Exempt When Borne by Recipient: AAR [Read Order]
The Authority for Advance Ruling (AAR), Uttar Pradesh has held that Goods and Services Tax (GST) is applicable on the Supervision Charges collected by the Electricity Distribution Company for...
![GST Applicable on Supervision Charges Collected by Electricity Distribution Company for Electricity Line Installation, Material Costs Exempt When Borne by Recipient: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/GST-Supervision-Charges-Company-Electricity-Installation-Material-Exempt-Borne-Recipient-AAR-TAXSCAN.jpg "GST Applicable on Supervision Charges Collected by Electricity Distribution Company for Electricity Line Installation, Material Costs Exempt When Borne by Recipient: AAR [Read Order]")
Section 269SS not applicable when Substantial Sale Consideration of Immovable property is evidenced by registered agreement: ITAT deletes Penalty u/s 271D [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that Sale transaction evidenced by registered agreement prevents implementation of Section 269SS from curbing black money The...
![Section 269SS not applicable when Substantial Sale Consideration of Immovable property is evidenced by registered agreement: ITAT deletes Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Substantial-Sale-Sale-Consideration-Consideration-of-Immovable-property-Immovable-property-ITAT-deletes-Penalty-ITAT-taxscan.jpg "Section 269SS not applicable when Substantial Sale Consideration of Immovable property is evidenced by registered agreement: ITAT deletes Penalty u/s 271D [Read Order]")
Supreme Court to Determine GST Implications of Immovable Property in Next Hearing Scheduled on August 23 [Read Order]
The Supreme Court heard and listed the next hearing of the Case of M/s. Safari Retreats Private Limited & Ors. on 23rd August 2023 at 2:00 PM before the bench of Justice Abhay S. Oka and Justice...
![Supreme Court to Determine GST Implications of Immovable Property in Next Hearing Scheduled on August 23 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Supreme-Court-Supreme-Court-to-Determine-GST-Implications-of-Immovable-Property-GST-GST-Implications-of-Immovable-Property-Taxscan.jpg "Supreme Court to Determine GST Implications of Immovable Property in Next Hearing Scheduled on August 23 [Read Order]")
Madras HC Dismisses Writ Petition on Lifting of Attachment of Immovable Property by Sub Registrar [Read Order]
A Single Bench of the Madras High Court dismissed a writ petition on lifting of attachment of immovable property by the Sub Registrar. The petitioner in the present matter is Rudraveni Manoharan....
![Madras HC Dismisses Writ Petition on Lifting of Attachment of Immovable Property by Sub Registrar [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Madras-High-Court-Madras-High-Court-Dismisses-Writ-Petition-Lifting-of-Attachment-of-Immovable-Property-by-Sub-Registrar-Immovable-Property-Sub-Registrar-Taxscan.jpg "Madras HC Dismisses Writ Petition on Lifting of Attachment of Immovable Property by Sub Registrar [Read Order]")
ITC Applicable for Machinery Foundation and Structural Supports, as included in Definition of Plant and Machinery: AAR [Read Order]
The Gujarat Authority for Advance Ruling (AAR), recently ruled that input tax credit (ITC) is applicable for machinery foundation and structural supports, as included in definition of plant and...
No Satisfactory Explanation Regarding Huge Fixed Assets and Cash: Patna HC Rejects Bail of Bihar Property Dealer in PMLA Case [Read Order]
The Patna High Court rejected bail of a Bihar property dealer accused of the Prevention of Money Laundering Act, 2002 (PMLA) case as no satisfactory explanation was given regarding the huge fixed...
![No Satisfactory Explanation Regarding Huge Fixed Assets and Cash: Patna HC Rejects Bail of Bihar Property Dealer in PMLA Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Huge-Fixed-Assets-Cash-Patna-HC-Bail-Bihar-Property-Dealer-PMLA-Case-TAXSCAN.jpg "No Satisfactory Explanation Regarding Huge Fixed Assets and Cash: Patna HC Rejects Bail of Bihar Property Dealer in PMLA Case [Read Order]")