![Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Bennet-Coleman-NFAC-National-Faceless-Assessment-Centre-NFAC-digital-signature-delay-taxscan.jpg "Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline [Read Order]")
Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order under Section 153 of the Income Tax Act due to the delayed...
![Revenue Neutrality in Service Tax Matter: CESTAT quashes Invocation of Extended Period of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-Kolkata-Service-Tax-Matter-Cases-Service-Tax-in-Indian-TAXSCAN.webp "Revenue Neutrality in Service Tax Matter: CESTAT quashes Invocation of Extended Period of Limitation [Read Order]")
![TOLA applicable to Income Tax Act beyond previously specified date: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/10/Supreme-Court-Income-Tax-Act-TOLA-Taxscan.jpg "TOLA applicable to Income Tax Act beyond previously specified date: Supreme Court [Read Judgement]")
![[BREAKING] GST ITC available on Building Construction if Necessary for “Renting Out”: Supreme Court in Safari Retreats Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-ITC-Supreme-Court-Safari-Retreats-Case-ITC-on-immovable-property-property-construction-taxscan.jpg "[BREAKING] GST ITC available on Building Construction if Necessary for “Renting Out”: Supreme Court in Safari Retreats Case [Read Order]")
![[BREAKING] Supreme Court rejects Constitutional Validity of Blocking of GST Input Tax Credit in Safari Retreats Case, allows Revenue Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Safari-Retreats-Case-Supreme-Court-orissa-high-court-gst-taxscan.jpg "[BREAKING] Supreme Court rejects Constitutional Validity of Blocking of GST Input Tax Credit in Safari Retreats Case, allows Revenue Appeal [Read Order]")
![No Penalty under Central Excise Act in absence of Suppression of Fact: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Kolkata-Central-Excise-Act-No-Penalty-in-absence-of-Suppression-of-Fact-Customs-and-excise-taxscan.jpg "No Penalty under Central Excise Act in absence of Suppression of Fact: CESTAT [Read Order]")
Denial of ITC on Construction of Immovable Property: Supreme Court pronounces Judgment in Safari Retreats Case [Read Order]
The Supreme Court has pronounced the landmark Safari Retreats judgment today (October 3, 2024) on denial of Goods and Services Tax Input Tax Credit (GST ITC) on Construction of Immovable Property. ...
Assigning Reasons or Grounds is Mandatory while Preparing Seizure Memo under Customs Act: Patna HC sets aside Areca Nuts Seizure Memo [Read Order]
The Patna High Court recently annulled the seizure memo of a consignment of areca nuts issued under the Customs Act, 1962. The court ruled that the memo lacked proper justification and the required...
DLP Projectors classified as Data Projectors: CESTAT confirms Exemption for Principal use in Data Projection [Read Order]
The Bangalore bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) confirmed the classification of DLP projectors as "Data Projectors" under CTH 8528 6100, allowing an exemption...
![No GST on Electricity Transmission and Distribution Charges: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/GST-Electricity-Transmission-Distribution-Charges-Orissa-HC-taxscan.jpg "No GST on Electricity Transmission and Distribution Charges: Orissa HC [Read Order]")
Extended Period of Limitation not Invocable on Non-Inclusion of VAT in Assessable Value: CESTAT sets aside Duty Demand Order [Read Order]
Recently in a ruling, the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ), Kolkata, set aside a duty demand order against an assessee concerning the non-inclusion of Value Added Tax (...
![Extended Period of Limitation not Invocable on Non-Inclusion of VAT in Assessable Value: CESTAT sets aside Duty Demand Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Kolkata-CESTAT-duty-demand-order-TAXSCAN.jpg "Extended Period of Limitation not Invocable on Non-Inclusion of VAT in Assessable Value: CESTAT sets aside Duty Demand Order [Read Order]")
Relief to Adani Wilmar: Notional Guarantee Income Increasing Investment Cost cannot be Treated as Actual Income, Rules ITAT [Read Order]
In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) ruled that that notional guarantee increasing investment cost cannot be treated as actual income. The...
![Relief to Adani Wilmar: Notional Guarantee Income Increasing Investment Cost cannot be Treated as Actual Income, Rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Relief-to-Adani-Wilmar-Notional-Guarantee-Income-Increasing-Investment-Cost-Treated-Actual-Income-ITAT-taxscan.jpg "Relief to Adani Wilmar: Notional Guarantee Income Increasing Investment Cost cannot be Treated as Actual Income, Rules ITAT [Read Order]")