KVAT Refunds can be Adjusted Towards Amount payable under Amnesty Scheme: Kerala HC [Read Order]
The Kerala High Court has held that refund due under the Kerala Value Added Tax Act ( KVAT ), 2003 can be adjusted towards the amount payable under...
![Property Sale Income Kept For Investment will be Taxed under Capital Gains under Income Tax Act: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Capital-Gains-Kerala-HC-Sale-Income-ITAT-Kerala-High-Court-capital-accretion-taxscan.jpg "Property Sale Income Kept For Investment will be Taxed under Capital Gains under Income Tax Act: Kerala HC [Read Order]")
![GST Assessment Order Communicated through Common Portal is Valid Service: Kerala High Court Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/GST-Goods-and-services-Tax-services-Tax-Kerala-High-Court-Kerala-HC-TAXSCAN.jpg "GST Assessment Order Communicated through Common Portal is Valid Service: Kerala High Court Dismisses Appeal [Read Order]")
![Kerala HC Dismisses Income Tax Appeal of Below Monetary Limit of Rs. 1 Crore [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Appeal-Kerala-HC-Kerala-High-Court-Income-Tax-Monetary-Limit-Kerala-HC-Dismisses-income-tax-department-taxscan.jpg "Kerala HC Dismisses Income Tax Appeal of Below Monetary Limit of Rs. 1 Crore [Read Order]")
Transfer of Depreciable Capital Assets Attracts Capital Gains Tax u/s 45 (4) of Income Tax Act: Kerala HC [Read Order]
The Kerala High Court has held that the transfer of the depreciable capital assets attracted capital gains tax under Section 45(4) of the Income Tax Act, 1961in the absence of distribution of any...
![Transfer of Depreciable Capital Assets Attracts Capital Gains Tax u/s 45 (4) of Income Tax Act: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Kerala-High-Court-Kerala-HC-Capital-Gains-Income-Tax-Act-Capital-Gains-Tax-Transfer-of-Depreciable-taxscan.webp "Transfer of Depreciable Capital Assets Attracts Capital Gains Tax u/s 45 (4) of Income Tax Act: Kerala HC [Read Order]")
KVAT turnover Methodology cannot be Followed without Documents Showing Actual Land Value: Kerala HC [Read Order]
The Kerala High Court has held that the methodology in determining total turnover prescribed under Kerala Value Added Tax ( KVAT )Rules cannot be followed in absence of documents showing actual land...
![KVAT turnover Methodology cannot be Followed without Documents Showing Actual Land Value: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/KVAT-KVAT-Turnover-Methodology-Kerala-High-court-Kerala-Value-Added-Tax-Rules-Land-Value-Tax-taxscan.jpg "KVAT turnover Methodology cannot be Followed without Documents Showing Actual Land Value: Kerala HC [Read Order]")
AO Cannot Reopen Assessments under Income Tax Act in Block Period of Six Years in Absence of Incriminating Materials:Â Kerala HC [Read Order]
The Kerala High Court in a recent judgement has held that Assessing Officer ( AO ) cannot reopen assessments in block period of six years in absence of incriminating materials obtained during the...
![AO Cannot Reopen Assessments under Income Tax Act in Block Period of Six Years in Absence of Incriminating Materials:Â Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/AO-Assessments-under-Income-Tax-Act-Incriminating-Materials-Kerala-HC-TAXSCAN.jpg "AO Cannot Reopen Assessments under Income Tax Act in Block Period of Six Years in Absence of Incriminating Materials:Â Kerala HC [Read Order]")
Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]
The Kerala High Court has held that the delay in approaching the revision authority under the Income Tax Act is not condonable when assessee fails to show sufficient reason. During the years the...
![Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Kerala-High-Court-Revision-Authority-Income-Tax-Act-delay-condonation-tax-revision-application-taxscan-1.jpg "Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]")
Expenditure incurred by Addition to Buildings and Electrical Fittings on Leasehold Premises is Capital Expenditure: Kerala HC [Read Order]
In a recent decision a division bench of the Kerala High Court ruled that the expenditure incurred by way of addition to buildings and electrical fittings on leasehold premises is capital expenditure...
![Expenditure incurred by Addition to Buildings and Electrical Fittings on Leasehold Premises is Capital Expenditure: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/kerala-High-Court-First-Appellate-Authority-Income-Tax-Department-Addition-to-buildings-Addition-to-electrical-fittings-taxscan.jpeg "Expenditure incurred by Addition to Buildings and Electrical Fittings on Leasehold Premises is Capital Expenditure: Kerala HC [Read Order]")
Delay in deciding Stay application against Income Tax Assessment Order: Kerala HC directs NFAC to decide within 2 Months [Read Order]
The Kerala High Court directed the National Faceless Assessment Centre ( NFAC ) to decide within 2 months as there was a delay in deciding to stay the application against the Income Tax assessment...
![Delay in deciding Stay application against Income Tax Assessment Order: Kerala HC directs NFAC to decide within 2 Months [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Kerala-High-Court-Assessment-Order-Income-Tax-Assessment-Order-NFAC-Income-Tax-Taxscan.jpg "Delay in deciding Stay application against Income Tax Assessment Order: Kerala HC directs NFAC to decide within 2 Months [Read Order]")
Assessment order passed beyond 6 years which is Limitation period under KVAT Act: Kerala HC Sets aside Order of Single Judge [Read Order]
The Kerala High Court set aside the order of a single judge which directed to deposit 25% of the dues of tax assessed within two weeks as a condition for grant of stay of recovery of balance tax,...
