![Relief to Asus India: CESTAT rules Computer System Desktops are Classifiable as ‘Automatic Data Processing Machines’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Relief-to-Asus-India-Asus-India-CESTAT-rules-Computer-System-Desktops-CESTAT-Automatic-Data-Processing-Machines-Taxscan.jpg "Relief to Asus India: CESTAT rules Computer System Desktops are Classifiable as ‘Automatic Data Processing Machines’ [Read Order]")
Relief to Asus India: CESTAT rules Computer System Desktops are Classifiable as ‘Automatic Data Processing Machines’ [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that System Desktops are classifiable as ‘automatic data...
![Revenue Fails to Prove Undervaluation of Imported Goods of ‘Zinc Scrap’ so as to Reject Transaction value in Invoice: CESTAT quashes Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Revenue-Fails-Revenue-Imported-Goods-Zinc-Scrap-Transaction-value-Invoice-CESTAT-quashes-Demand-Demand-CESTAT-taxscan.jpg "Revenue Fails to Prove Undervaluation of Imported Goods of ‘Zinc Scrap’ so as to Reject Transaction value in Invoice: CESTAT quashes Demand [Read Order]")
![Interest on Compulsorily Convertible Debentures Allowable as Revenue Deduction u/s 36(1)(iii) of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Interest-Earned-Surplus-Grants-Should-Not-Be-Taxed-as-Income-ITAT-Interest-Surplus-taxscan.jpg "Interest on Compulsorily Convertible Debentures Allowable as Revenue Deduction u/s 36(1)(iii) of the Income Tax Act: ITAT [Read Order]")
![Revenue Fails to Prove Unjust Enrichment on Sanctioned Erroneous Refund of Excise Duty: Jammu Kashmir &Ladak HC Â sets aside Extended Period of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Revenue-Revenue-Fails-Revenue-Fails-to-Prove-Unjust-Enrichment-on-Sanctioned-Erroneous-Refund-of-Excise-Duty-Enrichment-Enrichment-on-Sanctioned-Erroneous-Refund-taxscan.jpg "Revenue Fails to Prove Unjust Enrichment on Sanctioned Erroneous Refund of Excise Duty: Jammu Kashmir &Ladak HC Â sets aside Extended Period of Limitation [Read Order]")
Relief to Manipal Finance Corporation Ltd: Karnataka HC dismisses Appeal of Revenue on Grounds of Monetary Limits [Read Order]
The Karnataka High Court granted relief to Manipal Finance Corporation Limited by dismissing the appeal of the revenue. The high court has dismissed the same on the grounds of monetary limits. The...
![Relief to Manipal Finance Corporation Ltd: Karnataka HC dismisses Appeal of Revenue on Grounds of Monetary Limits [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Relief-to-Manipal-Finance-Corporation-Ltd-Karnataka-HC-dismisses-Appeal-of-Revenue-on-Grounds-of-Monetary-Limits-TAXSCAN.jpg "Relief to Manipal Finance Corporation Ltd: Karnataka HC dismisses Appeal of Revenue on Grounds of Monetary Limits [Read Order]")
No Appeal would Lie against Order in Miscellaneous Application u/s 260A of Income Tax Act: Delhi HC Disposes Appeal against L.G Electronics [Read Order]
The Delhi High Court held that no appeal would lie against the order in miscellaneous applications under section 260A of the Income Tax Act,1961. L.G. Electronics Inc. Korea, the respondent...
![No Appeal would Lie against Order in Miscellaneous Application u/s 260A of Income Tax Act: Delhi HC Disposes Appeal against L.G Electronics [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Appeal-would-Lie-against-Order-in-Miscellaneous-Application-Appeal-Order-Miscellaneous-Application-Delhi-High-Court-Disposes-Appeal-against-L.G-Electronics-Delhi-High-Court-Taxscan.jpg "No Appeal would Lie against Order in Miscellaneous Application u/s 260A of Income Tax Act: Delhi HC Disposes Appeal against L.G Electronics [Read Order]")
Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that deduction for revenue from onsite services could not be denied on the ground of not connected to eligible units...
![Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Deduction-Revenue-Onsite-Services-Eligible-Units-India-ITAT-Deduction-for-Revenue-denied-income-tax-taxscan.jpg "Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]")
ITAT quashes Revision Order Passed u/s 263 of Income Tax Act without Providing Sufficient Time for File Material Evidence and Documents [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) has quashed the revision order passed under section 263 of the Income Tax Act, 1961 without providing sufficient...
![ITAT quashes Revision Order Passed u/s 263 of Income Tax Act without Providing Sufficient Time for File Material Evidence and Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-quashes-Revision-Order-ITAT-Revision-Order-Income-Tax-Act-File-Material-Evidence-and-Documents-Material-Evidence-Documents-Taxscan.jpg "ITAT quashes Revision Order Passed u/s 263 of Income Tax Act without Providing Sufficient Time for File Material Evidence and Documents [Read Order]")
Co-operative Society shall Liable to Furnish AIR only after Amendment u/r 114 E of Income Tax Rules: ITAT deletes Penalty [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has recently held that co-operative societies should be liable to furnish Annual Information Report (AIR) only after amendment under Rule...
![Co-operative Society shall Liable to Furnish AIR only after Amendment u/r 114 E of Income Tax Rules: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Co-operative-Society-Annual-Information-Report-Income-Tax-Rules-penalty-ITAT-Income-Tax-Rules-taxscan.jpg "Co-operative Society shall Liable to Furnish AIR only after Amendment u/r 114 E of Income Tax Rules: ITAT deletes Penalty [Read Order]")
AO Fails to Appreciate Nature of Business Activity of INX News: ITAT allows Business Loss Claim [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal ( ITAT) allowed the claim of Business loss in which the assessing officer (AO) failed to appreciate the nature of the business activity of the...
![AO Fails to Appreciate Nature of Business Activity of INX News: ITAT allows Business Loss Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/AO-ITAT-claim-inx-news-business-loss-business-activity-ITAT-allows-Business-Loss-Claim-taxscan.jpg "AO Fails to Appreciate Nature of Business Activity of INX News: ITAT allows Business Loss Claim [Read Order]")
Burden of Proof for Tariff Classification of Products lies with Revenue Dept: Rajasthan HC quashes Additional Tax and Interest Order [Read Order]
While entertaining the Sales Tax Revision petition, the Rajasthan High Court quashed the additional tax and interest order. A Single Bench of Justice Sameer Jain observed that the burden to prove...
![Burden of Proof for Tariff Classification of Products lies with Revenue Dept: Rajasthan HC quashes Additional Tax and Interest Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Proof-for-Tariff-Classification-of-Products-Tariff-Classification-Revenue-Dept-Revenue-Additional-Tax-and-Interest-Order-Taxscan.jpg "Burden of Proof for Tariff Classification of Products lies with Revenue Dept: Rajasthan HC quashes Additional Tax and Interest Order [Read Order]")