Supreme Court & High Courts Weekly Round Up
This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from June 8, 2024 to...
![Dismissal of Revision Application u/s 264 of Income Tax Act: Delhi HC directs to obtain Instructions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Delhi-high-court-Income-tax-Revision-Application-Dismiss-revision-application-TAXSCAN.jpg "Dismissal of Revision Application u/s 264 of Income Tax Act: Delhi HC directs to obtain Instructions [Read Order]")
![Interest / Dividend Income from Investment with Cooperative Society is Entitled to Deduction u/s 80 P (2)(d) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-income-tax-appellate-tribunal-Dividend-income-Cooperative-society-TAXSCAN.jpg "Interest / Dividend Income from Investment with Cooperative Society is Entitled to Deduction u/s 80 P (2)(d) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]")
GST Amendment Widening Scope of Taxability of short-term Accommodation Services have no Retrospective Effect at Time of Ruling: AAAR  directs to Consider Application afresh [Read Order]
The Rajasthan Appellate Authority for Advance Ruling ( AAAR ) directed the Authority for Advance Ruling ( AAR ) to pronounce rulings after considering the contentions of the appellant. M/S Umed...
![GST Amendment Widening Scope of Taxability of short-term Accommodation Services have no Retrospective Effect at Time of Ruling: AAAR  directs to Consider Application afresh [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/GST-AAAR-Appellate-authority-advance-ruling-Rajasthan-AAR-Authority-for-Advance-Ruling-TAXSCAN.jpg "GST Amendment Widening Scope of Taxability of short-term Accommodation Services have no Retrospective Effect at Time of Ruling: AAAR  directs to Consider Application afresh [Read Order]")
Sec. 71(3A) of Income Tax Act limits Set-off Amount, does not eliminate Deduction benefits Entirely: Delhi HC upholds Constitutional Validity of Sub-Section [Read Order]
In a recent ruling, the Delhi High Court dismissed the writ petition challenging the constitutional validity of the amendment of Income tax act interesting the Sub-section 3A to the Section 71 of...
![Sec. 71(3A) of Income Tax Act limits Set-off Amount, does not eliminate Deduction benefits Entirely: Delhi HC upholds Constitutional Validity of Sub-Section [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Income-Tax-Act-Set-off-Amount-eliminate-Deduction-Entirely-Delhi-HC-Constitutional-Validity-Sub-Section-taxscan.jpg "Sec. 71(3A) of Income Tax Act limits Set-off Amount, does not eliminate Deduction benefits Entirely: Delhi HC upholds Constitutional Validity of Sub-Section [Read Order]")
Relief to Samsung India: Delhi HC quashes Initiation of Reassessment Proceedings after Lapse of 4 years [Read Order]
In a major relief to Samsung India, the Delhi High Court quashed the initiation of reassessment proceedings after lapse of 4 years. The present appeal has been preferred by the Revenue against the...
Claim for Refund of Security Deposit on Contractual Obligation Contingent on Executing Leave and License Agreement not Operational Debt under IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the refund of Security Deposit on contractual obligation contingent on executing leave and license agreement...
Renting of Immovable Property including Vacant Land owned by Corporation would Fall within Scope of Taxable Service: CESTAT [Read Order]
The Bangalore bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has ruled that the renting of immovable property, including vacant land owned by a corporation, falls within...
![Renting of Immovable Property including Vacant Land owned by Corporation would Fall within Scope of Taxable Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Customs-excise-service-tax-appellate-tribunal-CESTAT-bangalore-Land-rent-taxscan.jpg "Renting of Immovable Property including Vacant Land owned by Corporation would Fall within Scope of Taxable Service: CESTAT [Read Order]")
Manufacture of Display Material falls under ‘Trading Advertising Material’, attracts Nil Rate of Duty: CESTAT [Read Order]
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that the Manufacture of display material falls under ‘Trading Advertising material’ thereby attracting...
![Manufacture of Display Material falls under ‘Trading Advertising Material’, attracts Nil Rate of Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-Customs-Custom-excise-service-tax-appellate-tribunal-Excise-Trading-advertising-material-TAXSCAN.jpg "Manufacture of Display Material falls under ‘Trading Advertising Material’, attracts Nil Rate of Duty: CESTAT [Read Order]")