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![Contribution made Towards fund is Business Expenditure, Allowable u/s 37(1) of Income Tax Act even if fund was Unapproved by Income Tax Department: ITAT Allows Gratuity Premium Towards LIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Contribution-Towards-fund-Business-Expenditure-Allowable-Income-Tax-Act-Unapproved-Income-Tax-Department-ITAT-Allows-Gratuity-Premium-Towards-LIC-taxscan.jpg "Contribution made Towards fund is Business Expenditure, Allowable u/s 37(1) of Income Tax Act even if fund was Unapproved by Income Tax Department: ITAT Allows Gratuity Premium Towards LIC [Read Order]")
Contribution made Towards fund is Business Expenditure, Allowable u/s 37(1) of Income Tax Act even if fund was Unapproved by Income Tax Department: ITAT Allows Gratuity Premium Towards LIC [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has allowed the gratuity premium paid towards the Life Insurance Corporation (LIC)...
![Metal Finishing Chemical or Electroplating salt falls under Category of ‘Consumables’ are Entitled for Benefit of Exemption under Exemption Notification: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Metal-Metal-Finishing-Metal-Finishing-Chemical-or-Electroplating-salt-falls-Chemical-or-Electroplating-salt-Exemption-Notification-cestat-taxscan.jpg "Metal Finishing Chemical or Electroplating salt falls under Category of ‘Consumables’ are Entitled for Benefit of Exemption under Exemption Notification: CESTAT [Read Order]")
![Govt. notifies GST Exemption on Satellite launch services to encourage domestic launch [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Government-scraps-18-GST-Satellite-launch-services-encourage-domestic-launch-Taxscan.jpeg "Govt. notifies GST Exemption on Satellite launch services to encourage domestic launch [Read Notification]")
![5% GST applicable on Leasing of Satellite Transponder: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/04/WhatsApp-Image-2020-04-24-at-8.18.53-PM.jpeg "5% GST applicable on Leasing of Satellite Transponder: AAR [Read Order]")