![ITC Cannot Be Denied Based Solely on GSTR 2A and GSTR 3B Discrepancies: Kerala HC directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITC-GSTR-2A-GSTR-3B-Discrepancies-Kerala-HC-directs-Readjudication-Kerala-High-Court-taxscan.jpg "ITC Cannot Be Denied Based Solely on GSTR 2A and GSTR 3B Discrepancies: Kerala HC directs Readjudication [Read Order]")
ITC Cannot Be Denied Based Solely on GSTR 2A and GSTR 3B Discrepancies: Kerala HC directs Readjudication [Read Order]
The Kerala High Court, based on the Calcutta High Court's ruling in the case of Suncraft Energy Private Limited v. The Assistant Commissioner, State...
![Service Tax on Renting of Immovable Property for Commercial Purposes: Supreme Court stays operation of Delhi HC order against HDFC Bank, issues Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Service-Tax-Renting-Immovable-Property-Commercial-Purposes-Supreme-Court-Delhi-HC-HDFC-Bank-TAXSCAN.jpg "Service Tax on Renting of Immovable Property for Commercial Purposes: Supreme Court stays operation of Delhi HC order against HDFC Bank, issues Notice [Read Order]")
![ITAT directs AO to allow Indexation on cost of acquisition and improvement while Computing Long term capital gain for Computation done separately makes assessee Pay additional Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-directs-AO-to-indexation-on-cost-of-acquisition-and-improvement-while-computing-long-term-capital-gain-for-computation-separately-pay-additional-tax-TAXSCAN.jpg "ITAT directs AO to allow Indexation on cost of acquisition and improvement while Computing Long term capital gain for Computation done separately makes assessee Pay additional Tax [Read Order]")
![Section 56(2)(vii)(3) of Income Tax Act Not Applicable for Bonus Shares: ITAT quashes Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-Act-Applicable-Bonus-Shares-ITAT-Appeal-TAXSCAN-1.webp "Section 56(2)(vii)(3) of Income Tax Act Not Applicable for Bonus Shares: ITAT quashes Appeal [Read Order]")
Supreme Court seeks response from NCLAT, CESTAT, ITATs and High Courts on alleged Disbandment of Virtual Hearing Facilities [Read Judgement]
A Division Bench of the Supreme Court has sought response from the National Company Law Appellate Tribunals (NCLAT), Customs and Service Tax Appellate Tribunal (CESTAT), Income Tax Appellate...
![Supreme Court seeks response from NCLAT, CESTAT, ITATs and High Courts on alleged Disbandment of Virtual Hearing Facilities [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/09/Supreme-Court-seeks-response-from-NCLAT-CESTAT-ITATs-High-Courts-on-Disbandment-of-Virtual-Hearing-Facilities-TAXSCAN.jpg "Supreme Court seeks response from NCLAT, CESTAT, ITATs and High Courts on alleged Disbandment of Virtual Hearing Facilities [Read Judgement]")
Central Government Directs States/UTs not to Levy Border Tax for Tourist Vehicles having Valid Permits under All India Tourist Vehicles (Permit) Rules, 2023
The Ministry of Road Transport and Highways, addressing to the The Principal secretaries/Secretaries, Department of Transport lor all StateS/UTS and The Transport Commissioners of all the...
SC Grants Interim Relief: Restriction on Border Tax imposed by Tamil Nadu, Kerala, and Karnataka for Petitioner's bus with valid All India Tourist Bus Permit [Read Order]
The Supreme Court bench of Justice Surya Kant and Justice Dipankar Datta has granted interim relief to the petitioner by ruling not to levy border tax on the vehicles owned by the petitioners for...
Death of Father of CA is not a Reasonable Ground for Delay in Filing Appeal Before Tribunal, even After Allowing Covid Relaxation Period: ITAT Dismisses Appeal [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that since no reasonable cause has been adduced by the assessee except for the death of father of handling Charted Accountant (CA), the...
![Death of Father of CA is not a Reasonable Ground for Delay in Filing Appeal Before Tribunal, even After Allowing Covid Relaxation Period: ITAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Death-of-Father-of-CA-Delay-in-Filing-Appeal-Before-Tribunal-Appeal-Before-TribunalCovid-Relaxation-Period-ITAT-Dismisses-Appeal-taxscan.jpg "Death of Father of CA is not a Reasonable Ground for Delay in Filing Appeal Before Tribunal, even After Allowing Covid Relaxation Period: ITAT Dismisses Appeal [Read Order]")
Patna High Court Upholds Constitutionality of Section 16(4) of CGST Act Restricting ITC Availment [Read Order]
The High Court of Patna has upheld the constitutional validity of Section 16(4) of the Central Goods and Services Tax (CGST) Act, 2017 imposing restrictions on Input Tax Credit (ITC) claims on the...
Excess Stock Discovered in Survey by Tax Authorities Treated as Regular Business Income, Not Deemed Income u/s 69B of IT Act as fully disclosed in Books; Section 115BBE Inapplicable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar Bench has held that excess stock discovered during the survey by tax authorities should be treated as regular business income of the assessee and...
![Excess Stock Discovered in Survey by Tax Authorities Treated as Regular Business Income, Not Deemed Income u/s 69B of IT Act as fully disclosed in Books; Section 115BBE Inapplicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Excess-Stock-Discovered-in-Survey-by-Tax-Authorities-Excess-Stock-Business-Income-IT-Act-ITAT-taxscan.jpg "Excess Stock Discovered in Survey by Tax Authorities Treated as Regular Business Income, Not Deemed Income u/s 69B of IT Act as fully disclosed in Books; Section 115BBE Inapplicable: ITAT [Read Order]")