![Depreciation u/s 32(1)(ii) cant be allowed when No Goodwill has been acquired by a Subsidiary Company nor by any Purchase: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Depreciation-No-Goodwill-Subsidiary-Company-Subsidiary-Company-nor-by-any-Purchase-ITAT-No-Goodwill-has-been-acquired-by-a-Subsidiary-Company-taxscan.jpg "Depreciation u/s 32(1)(ii) cant be allowed when No Goodwill has been acquired by a Subsidiary Company nor by any Purchase: ITAT [Read Order]")
Depreciation u/s 32(1)(ii) can't be allowed when No Goodwill has been acquired by a Subsidiary Company nor by any Purchase: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the depreciation under Section 32(1)(ii) of the Income Tax Act, 1961 cannot be...
![Donation voluntarily Paid to Educational Trust does not amount to Capitation Fee: Supreme Court Stay Income Tax Proceedings Public Charitable Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Charitable-Trust-Supreme-Court-Stay-Educational-Trust-taxscan.jpg "Donation voluntarily Paid to Educational Trust does not amount to Capitation Fee: Supreme Court Stay Income Tax Proceedings Public Charitable Trust [Read Order]")
Challenge on Assessment under Central Sales Tax Act: Supreme Court Directs Renault Nissan Automotive India to Pay 10 Crores
The Supreme Court of India in a recent case directed Renault Nissan Automotive India Pvt ltd to Pay 10 Crores to the Sale Tax Department. The Special Leave to Appeal(SLP) arose out of the impugned...
Bombay HC reprimands SEBI for Contempt and Non-Compliance of Orders regarding Minority Shareholders’ Rights [Read Order]
In a recent development, the Bombay High Court criticized the Securities and Exchange Board of India (SEBI) for failing to adhere to the court's directive to provide documents related to proceedings...
Service Tax not leviable on Ground that SCN alleges Rendering of Commercial or Industrial Construction Service: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that the service tax not leviable on ground that the show cause notice (SCN) alleges rendering of...
![Service Tax not leviable on Ground that SCN alleges Rendering of Commercial or Industrial Construction Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Commercial-or-Industrial-Construction-Service-SCN-Service-Tax-taxscan.jpg "Service Tax not leviable on Ground that SCN alleges Rendering of Commercial or Industrial Construction Service: CESTAT [Read Order]")
Instrument not Chargeable with Stamp Duty as it was not required to be Stamped, no Bar could be imposed due to it being not Duly Stamped: SC [Read Order]
The Supreme Court observed that the Instrument not chargeable with stamp duty as it was not required to be stamped, no bar could be imposed due to it being not duly stamped. The appellant in the...
42,054 CGST Appeals Await Adjudication, Minister Pankaj Chaudhary Offers Clarity on Judicial and Technical Member Qualifications Nationally [Read Order]
Responding to queries raised in the Lok Sabha, the Union State Minister of Ministry of Finance Pankaj Chaudhary has stated that there are currently 42,054 pending Central Goods and Services Tax...
![42,054 CGST Appeals Await Adjudication, Minister Pankaj Chaudhary Offers Clarity on Judicial and Technical Member Qualifications Nationally [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CGST-Appeals-Await-Adjudication-Adjudication-Minister-Pankaj-Chaudhary-Judicial-and-Technical-Member-Qualifications-Nationally-Technical-Member-Qualifications-taxscan.jpg "42,054 CGST Appeals Await Adjudication, Minister Pankaj Chaudhary Offers Clarity on Judicial and Technical Member Qualifications Nationally [Read Order]")
Refund claims filed on Account of Service Tax paid by Mistake, are not governed by time limit specified u/s 11B Central Excise Act: CESTAT [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that refund claims filed on account of Service Tax paid by mistake, are not governed by the time limit...
![Refund claims filed on Account of Service Tax paid by Mistake, are not governed by time limit specified u/s 11B Central Excise Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Central-Excise-Act-CESTAT-Service-Tax-Refund-claims-taxscan.jpg "Refund claims filed on Account of Service Tax paid by Mistake, are not governed by time limit specified u/s 11B Central Excise Act: CESTAT [Read Order]")