ICAI submits Pre-Budget Memorandum for Indirect Taxes other than GST [Read Memorandum]
The Institute of Chartered Accountants in India (ICAI) submitted Pre-budget memorandum for indirect taxes other than Goods and Services Tax (GST) for...
![Service Tax Collection shall be Deducted from Gross Receipts while Computing Profit for the purpose of section 44BB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Service Tax Collection shall be Deducted from Gross Receipts while Computing Profit for the purpose of section 44BB: ITAT [Read Order]")
![Screening of Films in Multiplex on Revenue Sharing basis would not attract Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Screening-of-Films-Taxscan.jpg "Screening of Films in Multiplex on Revenue Sharing basis would not attract Service Tax: CESTAT [Read Order]")
![Non-Contest in Proceedings relating to Non-Payment of Service Tax can’t be a Ground for Levying Penalty: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg "Non-Contest in Proceedings relating to Non-Payment of Service Tax can’t be a Ground for Levying Penalty: Delhi HC [Read Order]")
Government, as a Lessee, is liable to pay Service Tax despite Liability of Lessor: Supreme Court [Read Judgment]
A two-judge bench of the Supreme Court of India on Tuesday held that the Government, though in the capacity of a lessor is liable to pay service tax on the rental income as per section 66B of the...
Expenditure on Payment of Service Tax cant be Deemed as Unexplained If Same was done through Banking Channel: ITAT [Read Order]
The Jabalpur bench of ITAT, on Wednesday held that the expenditure incurred on payment of service tax cannot be deemed as unexplained for the purpose of Income Tax Act if the same was done through...
![Expenditure on Payment of Service Tax cant be Deemed as Unexplained If Same was done through Banking Channel: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Expenditures-TAXSCAN.jpg "Expenditure on Payment of Service Tax cant be Deemed as Unexplained If Same was done through Banking Channel: ITAT [Read Order]")
Dept cannot Extend Time Limit for Recovery of Service Tax when Assessee has Valid Explanation for Its Default: Delhi HC [Read Order]
A division bench of the Delhi High Court, last week, held that the time limit for recovery of Service Tax under section 73 of the Finance Act, 1994 cannot be extended by the Department if the assessee...
![Dept cannot Extend Time Limit for Recovery of Service Tax when Assessee has Valid Explanation for Its Default: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Dept cannot Extend Time Limit for Recovery of Service Tax when Assessee has Valid Explanation for Its Default: Delhi HC [Read Order]")
Refund Claim of Service Tax Mistakenly paid cannot be denied by Invoking Limitation: CESTAT [Read Order]
The Bangalore bench of the CESTAT, last week ruled that limitation cannot be invoked for denying refund of service tax paid by assessee by mistake under the provisions of Finance Act, 1994. Assessee,...
![Refund Claim of Service Tax Mistakenly paid cannot be denied by Invoking Limitation: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Refund-Taxscan.jpg "Refund Claim of Service Tax Mistakenly paid cannot be denied by Invoking Limitation: CESTAT [Read Order]")
Expenses in respect of Service Tax paid out of Rental Income is deductible from the Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) recently ruled that the expenses in respect of service tax paid out of rental income is deductible under the head ‘Profit and Gains of Business or profession’...
![Expenses in respect of Service Tax paid out of Rental Income is deductible from the Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Expenses in respect of Service Tax paid out of Rental Income is deductible from the Business Income: ITAT [Read Order]")
Petition in Delhi HC challenges IGST on Banking Services Provided to Head Office abroad: HC issues Notice [Read Order]
A division bench of Delhi High Court comprising Justice S. Muralidhar and Justice Prathibha M. Singh has admitted petition challenging Integrated Goods and Services Tax (IGST) on Banking Services...
![Petition in Delhi HC challenges IGST on Banking Services Provided to Head Office abroad: HC issues Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/DBS-Bank-Taxscan.jpg "Petition in Delhi HC challenges IGST on Banking Services Provided to Head Office abroad: HC issues Notice [Read Order]")
Service Tax cannot be levied on Merger and Acquisition Services till 2001: Bombay HC [Read Judgment]
Justices Abhay S. Oka and Riyaz I. Chagla of Bombay High Court recently ruled that Service Tax cannot be imposed on Merger and Acquisition Services for the period prior to 16th July 2001. Before the...
![Service Tax cannot be levied on Merger and Acquisition Services till 2001: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/09/Service-Tax-Merger-and-Acquisition-Services-Taxscan.jpg "Service Tax cannot be levied on Merger and Acquisition Services till 2001: Bombay HC [Read Judgment]")