![18% GST Payable on Amounts Received in form of Donation / Grants from various entities including Central and State Govt: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/2a54dca4-2d5b-49ae-83de-8b306c412cf2.jpg "18% GST Payable on Amounts Received in form of Donation / Grants from various entities including Central and State Govt: AAR [Read Order]")
18% GST Payable on Amounts Received in form of Donation / Grants from various entities including Central and State Govt: AAR [Read Order]
The Maharashtra Authority of Advance Ruling (AAR) ruled that 18% GST payable on amounts received in form of Donations or Grants from various entities...
![Calcutta HC quashes Income Tax Assessment Order and remands the matter back to AO for violation of Principle of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/Calcutta-High-Court-GST-Demand-Appellate-Authority-Principle-of-Natural-Justice-Taxscan.jpg "Calcutta HC quashes Income Tax Assessment Order and remands the matter back to AO for violation of Principle of Natural Justice [Read Order]")
![Addition made on the basis of Sole Statement of One Dummy Director, Recorded during Survey action is not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/sole-statement-one-dummy-director-survey-action-ITAT-Taxscan.jpg "Addition made on the basis of Sole Statement of One Dummy Director, Recorded during Survey action is not sustainable: ITAT [Read Order]")
![Sale of Jaggery is not an ‘Agricultural Activity’: Madras HC upholds denial of Income Tax Exemption [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/06/Sale-of-Jaggery-Agricultural-Activity-Madras-HC-Income-Tax-Exemption-Taxscan.jpeg "Sale of Jaggery is not an ‘Agricultural Activity’: Madras HC upholds denial of Income Tax Exemption [Read Judgment]")
Cenvat Credit not allowable on Capital Goods for which full Depreciation is allowed by Income Tax Dept: CESTAT confirms Order denying Credit [Read Order]
The Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ), Delhi bench has held that the cenvat credit is not allowable on the capital goods for which the Company has already availed full...
No Addition can be made on Mere Non Disclosure of Mode of Payment of Salary to Security Guards: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that disallowance can not be made on pretext of Non Deduction of TDS for mere Non-Disclosure of Mode of payment of salary to security...
![No Addition can be made on Mere Non Disclosure of Mode of Payment of Salary to Security Guards: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Non-Disclosure-Mode-of-payment-salary-security-guards-ITAT-taxscan.jpg "No Addition can be made on Mere Non Disclosure of Mode of Payment of Salary to Security Guards: ITAT [Read Order]")
![ITAT deletes Addition on account of Interest received from Bank and on Advances to Contractors [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-interest-received-from-bank-contractors-taxscan.jpeg "ITAT deletes Addition on account of Interest received from Bank and on Advances to Contractors [Read Order]")
CDPQ Fixed Income XI Inc. now eligible for Exemption of Income from Dividends, Interest, and LTCG earned from Investments made in Indian Infrastructure: CBDT
The Central Board of Direct Taxes (CBDT) notified a Pension Fund namely CDPQ Fixed Income XI Inc. as eligible for exemption of Income from dividends, interest, and Long Term Capital Gain earned from...
CSBF reimbursing Medical Expenses, in deserving cases, incurred by CSBF Life Members towards Covid-19 treatment: ICSI
The Institute of Company Secretaries of India (ICSI) notified that Company Secretaries Benevolent Fund (CSBF) is reimbursing the medical expenses, in deserving cases, incurred by the CSBF Life...
Actual Receipt of Money by Assessee is a mandatory condition to invoke section 68 for Unexplained Cash Credit: ITAT grants relief
The Income Tax Appellate Tribunal (ITAT), Delhi Bench while providing the relief to the Zexus Air Services Pvt. Ltd. ruled that Actual Receipt of Money by Assessee is a mandatory condition to invoke...
Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, upheld an order of the first appellate authority where the CIT(A) deleted a penalty order imposing Rs. 5000 on a Company for non-furnishing...
![Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Delay-filing-of-Income-Tax-Return-Financial-Difficulties-ITAT-Penalty-taxscan.jpg "Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]")