![Revival of Toddy Shop Licence can be sought only if petitioner can Compound Offences alleged: Kerala HC directs Deputy Excise Commissioner to pass appropriate orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Revival-of-Toddy-Shop-Licence-sought-only-if-petitioner-Compound-Offences-alleged-Kerala-HC-directs-Deputy-Excise-Commissioner-TAXSCAN.jpg "Revival of Toddy Shop Licence can be sought only if petitioner can Compound Offences alleged: Kerala HC directs Deputy Excise Commissioner to pass appropriate orders [Read Order]")
Revival of Toddy Shop Licence can be sought only if petitioner can Compound Offences alleged: Kerala HC directs Deputy Excise Commissioner to pass appropriate orders [Read Order]
The Kerala High Court directed the Deputy Excise Commissioner to pass appropriate orders and noted that the revival of the toddy shop license can be...
![Qualifying Activities under TTS is outside provisions of TP: ITAT deletes addition on account of allocation of Head Office Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Qualifying-Activities-TTS-outside-provisions-TP-ITAT-addition-allocation-Head-Office-Expenses-taxscan.jpg "Qualifying Activities under TTS is outside provisions of TP: ITAT deletes addition on account of allocation of Head Office Expenses [Read Order]")
![AO cant impose an Addition without mentioning any Provision of Statute: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/AO-impose-Addition-mentioning-Provision-Statute-ITAT-taxscan.jpg "AO cant impose an Addition without mentioning any Provision of Statute: ITAT [Read Order]")
Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently held that Section 92B of the Income Tax Act, 1961, which defines International Transactions, does not apply to advertisement,...
![Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Provision-of-S.-92B-not-applicable-for-AMP-expenses-Provision-AMP-expenses-Business-purpose-ITAT-Grants-Relief-to-Loreal-India-taxscan.jpg "Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]")
Levy of Fees under Section 234E for Delayed Furnishing Unlawful in the Absence of Enabling Provision of Section 200A(1)(c): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, held that the levy of fees under Section 234E for delayed furnishing, in the absence of enabling...
![Levy of Fees under Section 234E for Delayed Furnishing Unlawful in the Absence of Enabling Provision of Section 200A(1)(c): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Levy-of-Fees-Furnishing-Unlawful-Provision-ITAT-Taxscan.jpg "Levy of Fees under Section 234E for Delayed Furnishing Unlawful in the Absence of Enabling Provision of Section 200A(1)(c): ITAT [Read Order]")
Improper use of OVAT Act Provisions: Orissa HC sets aside penalty while upholding Tax Liability [Read Order]
A Division Bench of the Orissa High Court noted that the tribunal had neglected to provide a justification for its decision to exercise its authority under Section 43(2) of the Orissa Value Added Tax...
![Improper use of OVAT Act Provisions: Orissa HC sets aside penalty while upholding Tax Liability [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/OVAT-Act-Improper-use-of-OVAT-Act-Provisions-OVAT-Act-Provisions-Orissa-High-Court-Orissa-HC-sets-aside-penalty-upholding-Tax-Liability-Tax-Liability-OVAT-Value-Added-Tax-taxscan.jpg "Improper use of OVAT Act Provisions: Orissa HC sets aside penalty while upholding Tax Liability [Read Order]")
Penal Provisions of S. 271AAB and 115BBE cannot Attract Once Search Addition and Amount declared u/s 132(4) Accepted by Assessee: ITAT [Read Order]
The Jaipur bench of Income Tax Appellate Tribunal (ITAT) recently held that penal provisions of section 271AAB and section 115 BBE could not be attracted if once search addition and amount has been...
![Penal Provisions of S. 271AAB and 115BBE cannot Attract Once Search Addition and Amount declared u/s 132(4) Accepted by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Search-Addition-Assessee-ITAT-TAXSCAN.jpg "Penal Provisions of S. 271AAB and 115BBE cannot Attract Once Search Addition and Amount declared u/s 132(4) Accepted by Assessee: ITAT [Read Order]")
Delay in Resolution of Corporate Debtor by Multiple Violations of Provisions of CIRP and Regulations: IBBI suspends Registration of IP for 2 Years
The Disciplinary Committee of Insolvency and Bankruptcy Board of India has recently suspended the registration of an Insolvency Professional for 2 years, owing to the alleged violations of CIRP...
Provisions of S. 54F of Income Tax Act are Benevolent Provisions, requires Liberal Interpretation: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) recently held that section 54 of the Income Tax Act 1961 are benevolent provisions therefore, requires liberal interpretation and the assessee is entitled...
![Provisions of S. 54F of Income Tax Act are Benevolent Provisions, requires Liberal Interpretation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Provisions-Income-Tax-Act-Income-Tax-Tax-Benevolent-Provisions-ITAT-taxscan.jpg "Provisions of S. 54F of Income Tax Act are Benevolent Provisions, requires Liberal Interpretation: ITAT [Read Order]")