![ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/ITAT-LTCG-Intelligence-Wing-SEBI-Report-Taxscan.jpeg "ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]")
ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the claim for long-term capital gain shall be allowed for the reason that the...
![Relief to Humdard: Material collected from Internet, Estate Agents can’t be termed as Corroborative Evidence for levying House Tax, rules Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/02/Delhi-High-Court-Humdard-internet-estate-agents-evidence-house-tax-Delhi-HC-taxscan.jpg "Relief to Humdard: Material collected from Internet, Estate Agents can’t be termed as Corroborative Evidence for levying House Tax, rules Delhi HC [Read Judgment]")
![Bombay HC quashes Re-opening of Assessment as condition precedent to Valid Exercise of Power to Re-open Assessment, after a lapse of 4 years [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Bombay-HC-re-opening-assessment-after-lapse-of-4-years-TAXSCAN.jpg "Bombay HC quashes Re-opening of Assessment as condition precedent to Valid Exercise of Power to Re-open Assessment, after a lapse of 4 years [Read Order]")
![Customs Dept. ought not to establish Imported Base Oil can be used as HSD or Automotive fuel in internal Combustion Engines: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/02/Customs-Department-Imported-Base-Oil-Base-Oil-HSD-Automotive-fuel-Internal-combustion-engines-Gujarat-High-Court-Taxscan.jpeg "Customs Dept. ought not to establish Imported Base Oil can be used as HSD or Automotive fuel in internal Combustion Engines: Gujarat HC [Read Judgment]")
![Patna HC quashes Order imposing interest on gross amount without deducting ITC due to Violation of Principle of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Patna-High-Court-Order-Imposing-interest-Gross-amount-ITC-Deducting-ITC-Violation-Principle-of-natural-justice-Taxscan.jpg "Patna HC quashes Order imposing interest on gross amount without deducting ITC due to Violation of Principle of Natural Justice [Read Order]")
'Biozyme' sold in Kilo Litre shall be classifiable under chapter 310510099 of Central Excise Tariff Act: CESTAT [Read Order]
The Chandigarh bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the product “Biozyme” sold in kilo litre shall be classifiable under chapter 310510099 of the...
![Biozyme sold in Kilo Litre shall be classifiable under chapter 310510099 of Central Excise Tariff Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Biozyme-Sold-kilo-litre-Classifiable-Chapter-310510099-Central-Excise-Tariff-Act-CESTAT-Taxscan-1.jpg "Biozyme sold in Kilo Litre shall be classifiable under chapter 310510099 of Central Excise Tariff Act: CESTAT [Read Order]")
Relief to ETH Ltd: Calcutta HC deletes Disallowance on account of Professional and Consultancy Charges to Non Residents [Read Order]
In a major relief to the ETH Ltd, the Calcutta High Court deleted the disallowance on account of professional and consultancy charges to non residents. The revenue has contended that the Tribunal...
![Relief to ETH Ltd: Calcutta HC deletes Disallowance on account of Professional and Consultancy Charges to Non Residents [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/ETH-Ltd-Calcutta-HC-Disallowance-Professional-Consultancy-Charges-non-residents-Taxscan.jpg "Relief to ETH Ltd: Calcutta HC deletes Disallowance on account of Professional and Consultancy Charges to Non Residents [Read Order]")
Deputy Commissioner has No Power to remand Penalty Order in Appeal: Kerala HC set aside Penalty order for Violation of Principles of Natural Justice [Read Order]
The Kerala High while setting aside the penalty order for violation of principles of natural justice held that the Deputy Commissioner has no power to remand the penalty order on appeal. The...
![Deputy Commissioner has No Power to remand Penalty Order in Appeal: Kerala HC set aside Penalty order for Violation of Principles of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/VAT-paid-undervalued-goods-Kerala-HC-matter-back-Authority-dealer-taxscan-2.jpg "Deputy Commissioner has No Power to remand Penalty Order in Appeal: Kerala HC set aside Penalty order for Violation of Principles of Natural Justice [Read Order]")
![ITAT deletes addition on account of Miscellaneous Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-Miscellaneous-expenditure-taxscan.jpg "ITAT deletes addition on account of Miscellaneous Expenditure [Read Order]")
Delhi High Court directs revenue not to impose penalty more than Rs.1.17 Crores on Tata Teleservice [Read Order]
The Delhi High Court directed the revenue not to impose a penalty of more than Rs.1.17 Crores on Tata Teleservice. The present writ petitions have been filed challenging orders issued by...
![Delhi High Court directs revenue not to impose penalty more than Rs.1.17 Crores on Tata Teleservice [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Delhi-High-Court-revenue-penalty-Tata-Teleservice-Taxscan.jpg "Delhi High Court directs revenue not to impose penalty more than Rs.1.17 Crores on Tata Teleservice [Read Order]")
Kerala High Court restrains Revenue from recovering amount refunded as levy of Service Tax in lieu of Foreign Agency Commission [Read Order]
The Kerala High Court restrained the Revenue from recovering the amounts refunded since as of now the levy of service tax on the payment in lieu of foreign agency commission will not be leviable as...
![Kerala High Court restrains Revenue from recovering amount refunded as levy of Service Tax in lieu of Foreign Agency Commission [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Kerala-High-Court-Revenue-Recovery-Service-Tax-Refund-Service-Tax-Foreign-Agency-Commission-Taxscan.jpg "Kerala High Court restrains Revenue from recovering amount refunded as levy of Service Tax in lieu of Foreign Agency Commission [Read Order]")
Revenue derived from distribution of products can’t be taxed as ‘Royalty’ through Business Income as it is already offered under MAP: ITAT
The Income Tax Appellate Tribunal (ITAT), New Delhi held that the revenue derived from the distribution of products cannot be taxed as ‘royalty’ as business income as it is already offered under...
