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Enhancement of Turnover not Necessary Consequence for Rejection of Books of Accounts under UPVAT Act: Allahabad HC [Read Order]
The Allahabad High Court recently observed that the enhancement of turnover not necessary consequence for rejection of Books of Accounts under the...
![ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ATM-Management-Services-ATM-Banks-Not-Liable-to-VAT-VAT-Transfer-of-Ownership-Possession-Service-Tax-Applies-Karnataka-High-Court-taxscan.jpg "ATM Management Services Provided to Banks Not Liable to VAT as No Sale or Transfer of Ownership or Possession involved, only Service Tax Applies: Karnataka HC [Read Order]")
![Search under CGST, Recovery of Assessess Cash from Locked Room with an assumption of Possession to Assessess Daughter-in-Law is invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/CGST-Search-under-CGST-Recovery-of-Assessess-Cash-Assessess-Cash-Assesses-Locked-Room-with-an-assumption-Locked-Room-assumption-Daughter-in-Law-is-invalid-Delhi-High-Court-taxscan.jpg "Search under CGST, Recovery of Assessess Cash from Locked Room with an assumption of Possession to Assessess Daughter-in-Law is invalid: Delhi HC [Read Order]")
![Penalty u/s 112(b) not sustained in Absence of Possession of Smuggled Gold bars by Assessee: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-absence-smuggled-assessee-CESTAT-TAXSCAN.jpg "Penalty u/s 112(b) not sustained in Absence of Possession of Smuggled Gold bars by Assessee: CESTAT [Read Order]")
![Date of Possession shall be considered to allow Capital Gain Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Date-of-Possession-Capital-Gain-Exemption-capital-gain-Exemption-ITAT-Taxscan.jpg "Date of Possession shall be considered to allow Capital Gain Exemption: ITAT [Read Order]")