Economic Survey 2023 highlights Trust Based Governance: Points at decriminalisation of Financial Offences [Read Report]
The Economic Survey 2023, tabled before the parliament by the Financial Minister Nirmala Sitharaman reviews the performance of the Indian economy to...
![No Loss of Revenue: Madras HC quashes Charge Memo against Former VAT Officer [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Loss-of-Revenue-Revenue-Madras-High-Court-Charge-Memo-VAT-Officer-VAT-taxscan.jpg "No Loss of Revenue: Madras HC quashes Charge Memo against Former VAT Officer [Read Order]")
![Job Work Expenses cant be disallowed in absence of Culpable Evidence with Revenue: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Job-Work-Expenses-Culpable-Evidence-Culpable-Evidence-with-Revenue-ITAT-Income-Tax-Taxscan-.jpg "Job Work Expenses cant be disallowed in absence of Culpable Evidence with Revenue: ITAT [Read Order]")
![Failure of Revenue to prefer appeal within time limit: Calcutta HC condones Delay in filing Vivad Se Vishwas Scheme Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Revenue-Calcutta-HC-Vivad-Se-Vishwas-Scheme-Application-TAXSCAN.jpg "Failure of Revenue to prefer appeal within time limit: Calcutta HC condones Delay in filing Vivad Se Vishwas Scheme Application [Read Order]")
![Expenses towards Renovation of Business Showrooms Revenue in Nature: ITAT allows Income Tax Deduction to Skoda Dealers [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Renovation-Business-Revenue-Nature-ITAT-Income-Tax-Deduction-Skoda-Dealers-TAXSCAN.jpg "Expenses towards Renovation of Business Showrooms Revenue in Nature: ITAT allows Income Tax Deduction to Skoda Dealers [Read Order]")
No bar on Challenging of impugned orders by Expiry of SVLDR Scheme: Madras HC directs Revenue to issue Discharge Certificate [Read Order]
A Division Bench of the Madras High Court has recently set aside the Demand Orders issued to the petitioners Win Power Engineering Limited and True Value Homes India Private Limited and directed the...
![No bar on Challenging of impugned orders by Expiry of SVLDR Scheme: Madras HC directs Revenue to issue Discharge Certificate [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/SVLDR-Scheme-Madras-High-Court-Revenue-Discharge-Certificate-Expiry-Sabka-Vishwas-Scheme-taxscan.jpg "No bar on Challenging of impugned orders by Expiry of SVLDR Scheme: Madras HC directs Revenue to issue Discharge Certificate [Read Order]")
Onus is on Revenue to prove Smuggled Nature When Goods are notified u/s 123 Customs Act: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi Bench held that Onus is on Revenue to prove smuggled nature when goods are notified under Section 123 Customs Act. Raj Kumar...
![Onus is on Revenue to prove Smuggled Nature When Goods are notified u/s 123 Customs Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Onus-is-on-Revenue-to-prove-smuggled-nature-when-goods-are-notified-Customs-Act-CESTAT-TAXSCAN.jpg "Onus is on Revenue to prove Smuggled Nature When Goods are notified u/s 123 Customs Act: CESTAT [Read Order]")
Revenue Sharing License Fee paid fixedly for Telecommunication is allowable as Deduction: ITAT restores issue of Vi to AO for Verification [Read Order]
In a significant ruling in the case of Vodafone Idea ltd, the Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the Revenue sharing license fee paid fixedly to the department...
![Revenue Sharing License Fee paid fixedly for Telecommunication is allowable as Deduction: ITAT restores issue of Vi to AO for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Revenue-License-Fee-Telecommunication-Deduction-ITAT-Vi-Income-Tax-taxscan.jpg "Revenue Sharing License Fee paid fixedly for Telecommunication is allowable as Deduction: ITAT restores issue of Vi to AO for Verification [Read Order]")
More than 15% of revenue generated from India can’t be attributed to PE in India when risk assumed in earlier years had not changed: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that more than 15% of the revenues generated from India can’t be attributed to the PE in India when the risk assumed in earlier years...
![More than 15% of revenue generated from India can’t be attributed to PE in India when risk assumed in earlier years had not changed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/revenue-PE-ITAT-taxscan.jpg "More than 15% of revenue generated from India can’t be attributed to PE in India when risk assumed in earlier years had not changed: ITAT [Read Order]")
Registered Society's Revenue belonging to Consolidated Fund of Govt, Eligible for 10(23C) (iiiab) Exemption: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has recently, in an appeal filed before it, held that registered society’s revenue which belongs to the consolidated fund of Govt., is...
![Registered Societys Revenue belonging to Consolidated Fund of Govt, Eligible for 10(23C) (iiiab) Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revenue-Consolidated-Fund-Exemption-ITAT-TAXSACN.jpg "Registered Societys Revenue belonging to Consolidated Fund of Govt, Eligible for 10(23C) (iiiab) Exemption: ITAT [Read Order]")
![Software Development Expenditure is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Software-Development-Expenditure-Revenue-ITAT-taxscan.jpg "Software Development Expenditure is Revenue in Nature: ITAT [Read Order]")
![Annual Technology Licence Fee is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Annual-Technology-Licence-Fee-Revenue-ITAT-taxscan.jpg "Annual Technology Licence Fee is Revenue in Nature: ITAT [Read Order]")