![Service Tax Demand cannot be based on Statement recorded u/s 132 of Income Tax Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Service-Tax-Demand-service-tax-Statement-Income-Tax-Act-section-132-CESTAT-Taxscan.jpg "Service Tax Demand cannot be based on Statement recorded u/s 132 of Income Tax Act: CESTAT [Read Order]")
Service Tax Demand cannot be based on Statement recorded u/s 132 of Income Tax Act: CESTAT [Read Order]
While quashing a service tax demand, the CESTAT, Ahmedabad bench has held that the demand cannot be solely on the basis of the statement recorded...
![Figures Shown to Income Tax Authorities cannot be used to determine Service Tax Liability: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-Authorities-Service-Tax-Liability-CESTAT-taxscan.jpg "Figures Shown to Income Tax Authorities cannot be used to determine Service Tax Liability: CESTAT [Read Order]")
![Penalty of Rs. 5,000 for Non-filing of Income Tax Returns: Finance Bill, 2022 empowers CBDT to provide relaxation to Persons facing genuine Hardships [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2022/02/Budget-2022-budgetscan-budgetwithtaxscan-budgetsession-Penalty-Non-filing-Income-Tax-Returns-Finance-Bill-CBDT-genuine-Hardships-persons-Taxscan.jpg "Penalty of Rs. 5,000 for Non-filing of Income Tax Returns: Finance Bill, 2022 empowers CBDT to provide relaxation to Persons facing genuine Hardships [Read Finance Bill]")
![CBDT notifies Income Tax Authorities to facilitate the conduct of E-Appeal Proceedings [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/12/e-appeal-Proceedings.jpg "CBDT notifies Income Tax Authorities to facilitate the conduct of E-Appeal Proceedings [Read Notification]")
Jharkhand HC refuses to discharge Principal Commissioner of Income Tax for alleged Corruption and Recovery of Cash worth Rs. 3.715 cr [Read Order]
The Jharkhand High Court refused to discharge the PCIT for alleged Corruption and recovery of cash worth Rs. 3.715 crore. As per the prosecution, during search on 12.07.2017, at the residence of...
![Jharkhand HC refuses to discharge Principal Commissioner of Income Tax for alleged Corruption and Recovery of Cash worth Rs. 3.715 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Jharkhand-HC-Discgarge-PCIT-Corruption-Recovery-Cash-Taxscan.jpg "Jharkhand HC refuses to discharge Principal Commissioner of Income Tax for alleged Corruption and Recovery of Cash worth Rs. 3.715 cr [Read Order]")
Assessee entitled to claim Finance Charges after completion of Project goes contrary to findings of Income Tax Authorities: Karnataka High Court remands matter to ITAT [Read Judgment]
The Karnataka High Court while remanding the matter back to the Income Tax Appellate Tribunal (ITAT) held that the assessee entitled to claim finance charges after completion of the Project goes...
![Assessee entitled to claim Finance Charges after completion of Project goes contrary to findings of Income Tax Authorities: Karnataka High Court remands matter to ITAT [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/11/finance-charges-completion-of-Project-Income-Tax-Authorities-Karnataka-High-Court-ITAT-Taxscan.jpg "Assessee entitled to claim Finance Charges after completion of Project goes contrary to findings of Income Tax Authorities: Karnataka High Court remands matter to ITAT [Read Judgment]")
CBDT notifies Procedure for Sharing of Information by Income Tax Authorities with Scheduled Commercial Banks [Read Notification]
The Central Board of Direct Taxes (CBDT) permitted the Sharing of Information by the Income Tax Authorities with Scheduled Commercial Banks. This move of the Government would ease the...
![CBDT notifies Procedure for Sharing of Information by Income Tax Authorities with Scheduled Commercial Banks [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/CBDT-Sharing-of-Information-Income-Tax-Authorities-Scheduled-Commercial-Banks-Taxscan.jpg "CBDT notifies Procedure for Sharing of Information by Income Tax Authorities with Scheduled Commercial Banks [Read Notification]")
CBDT notifies Headquarters for Income Tax Authorities of Regional Faceless Assessment Centres [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the headquarters for Income Tax Authorities of Regional Faceless Assessment Centres (ReFAC). The Board notified 34 Income Tax Authorities as the...
![CBDT notifies Headquarters for Income Tax Authorities of Regional Faceless Assessment Centres [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-Income-Tax-Authorities-of-ReFAC-Taxscan-1.jpg "CBDT notifies Headquarters for Income Tax Authorities of Regional Faceless Assessment Centres [Read Notification]")
![ITAT deletes addition against Union Minister, D. V. Sadananda Gowda [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-Union-Minister-D.-V.-Sadananda-Gowda-Taxscan.jpeg "ITAT deletes addition against Union Minister, D. V. Sadananda Gowda [Read Order]")
Income Tax Search and Seizure: Seizure of undisclosed jewellery and its assessment thereupon- Legal Treatise
Introduction: The Central Board of Direct Taxes vide Instruction no. 1916 dated 11-05-1994, clarified that no seizure should be made by the Search Party of the Jewellery and Ornaments found during...
Delhi High Court orders clubbing of complaints for having an account in Switzerland with Intention to Evade Tax and hide Money Transactions [Read Order]
The Delhi High Court ordered the clubbing of allegations of having an account in Zurich, Switzerland with the intention to evade tax and hide money transactions. The petitioner, Parminder Singh...
![Delhi High Court orders clubbing of complaints for having an account in Switzerland with Intention to Evade Tax and hide Money Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Delhi-High-Court-clubbing-of-complaints-account-in-Switzerland-Evade-Tax-Money-Transactions-Taxscan-1.jpg "Delhi High Court orders clubbing of complaints for having an account in Switzerland with Intention to Evade Tax and hide Money Transactions [Read Order]")