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![No Denial of GST ITC on Interest-Free Advance Receipts: Bombay HC in L&T, IHI Consortium Case [Read Order] No Denial of GST ITC on Interest-Free Advance Receipts: Bombay HC in L&T, IHI Consortium Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Bombay-HC-Bombay-High-Court-No-Denial-of-GST-ITC-on-Interest-Free-Advance-GST-Goods-and-Services-Tax-Input-Tax-Credit-ITC-taxscan.jpg)
No Denial of GST ITC on Interest-Free Advance Receipts: Bombay HC in L&T, IHI Consortium Case [Read Order]
The Bombay High Court has held that Goods and Services Tax (GST) Input Tax Credit (ITC) cannot be denied on advance receipts. The petitioner is an...


![Indian Newspaper Society not required to deduct TDS on payment of Lease Premium: ITAT [Read Order] Indian Newspaper Society not required to deduct TDS on payment of Lease Premium: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/TDS-Indian-Newspaper-Society-ITAT-Lease-Premium-Taxscan.jpg)
![Payment towards Annual Maintenance Contracts subject to TDS u/s 194C of Income Tax Act: Bombay HC [Read Judgment] Payment towards Annual Maintenance Contracts subject to TDS u/s 194C of Income Tax Act: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/TDS-Taxscan.jpg)
![MMRDA not liable to deduct TDS on Acquiring Land from Illegal Occupants: Bombay HC [Read Judgment] MMRDA not liable to deduct TDS on Acquiring Land from Illegal Occupants: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg)
![Contracts awarded by MMRDA not eligible for Exemption: CESTAT [Read Order] Contracts awarded by MMRDA not eligible for Exemption: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/MMRDA-Taxscan.jpg)