![Excess Freight collected compared to freight paid to transporter not includable in assessable value of Excisable Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/CESTAT-Ahmedabad-Freight-Freight-collection-Transporter-payment-in-excise-taxscan.jpg "Excess Freight collected compared to freight paid to transporter not includable in assessable value of Excisable Goods: CESTAT [Read Order]")
Excess Freight collected compared to freight paid to transporter not includable in assessable value of Excisable Goods: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) ruled that excess freight collected compared to freight paid...
![Reimbursement of Service Tax not to be included in aggregate of amounts in clauses (a) and (b) of Section 44BB (2) of Income Tax Act: SC dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/SC-dismisses-SLP-SUPREME-COURT-Reimbursement-of-Service-Tax-Service-Tax-Income-Tax-Act-Taxscan.webp "Reimbursement of Service Tax not to be included in aggregate of amounts in clauses (a) and (b) of Section 44BB (2) of Income Tax Act: SC dismisses SLP [Read Order]")
75% Gross Profit Earned from Indian Operations: Delhi HC upholds Direction of the AO to Adopt Attribution Rate of Revenue [Read Order]
The Delhi High Court upheld the direction of the Assessing Officer ( AO ) to adopt the attribution rate of revenue as 75% gross profit earned from Indian operations. By the instant appeal, the...
SC issues interim order condoning delay in filing Special Leave Petition in JSW Steels case [Read Order]
The assessee, M/s. JSW Steel Ltd., imported 98,450 metric tons of Goonyella C Coking Coal for discharge at Marmagao Port which arrived on 14th April, 2017 and Bill of Entry No. 9375854 dated 20 th...
Uploading Notice on Portal not Sufficient Notice on Cancellation of GST Registration, should be Served on Assessee's Address: Allahabad HC [Read Order]
In a recent decision, the Allahabad High Court observed that uploading notice on the portal not sufficient notice on the cancellation of GST registration and it should be served on the assessee's...
![Uploading Notice on Portal not Sufficient Notice on Cancellation of GST Registration, should be Served on Assessees Address: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Cancellation-of-GST-Registration-Notice-on-cancellation-of-GST-registration-Service-of-notice-in-GST-cancellation-case-gst-registration-cancellation-Taxscan.jpg "Uploading Notice on Portal not Sufficient Notice on Cancellation of GST Registration, should be Served on Assessees Address: Allahabad HC [Read Order]")
Supreme court upholds ITAT’s power in having a final say on reopening of investigation proceedings against assessee [Read Order]
The Supreme Court set aside assesse’s demand for re opening of assessment proceedings against her. The three member bench of the Supreme court pointed out that the tribunal itself had appropriate...
![Supreme court upholds ITAT’s power in having a final say on reopening of investigation proceedings against assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Supreme-court-ITAT-Income-tax-appellate-tribunal-TAXSCAN-1.jpg "Supreme court upholds ITAT’s power in having a final say on reopening of investigation proceedings against assessee [Read Order]")
Charitable Institution’s Gross Receipts Surpass Threshold Prescribed u/s 2(15) of Income Tax Act; No Registration Cancellation Required: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) has ruled that even if the gross receipts of the assessee exceeds the threshold limit prescribed in the proviso under Section 2(15) of the...
![Charitable Institution’s Gross Receipts Surpass Threshold Prescribed u/s 2(15) of Income Tax Act; No Registration Cancellation Required: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Charitable-institution-Tax-implications-for-charitable-organizations-Tax-treatment-of-charitable-institutions-Exemption-criteria-for-charitable-entities-Taxscan.jpg "Charitable Institution’s Gross Receipts Surpass Threshold Prescribed u/s 2(15) of Income Tax Act; No Registration Cancellation Required: ITAT [Read Order]")
Creditors Mustn't be Included Under the Class of ‘Financial Creditors’ Merely on the Basis of the Execution of Mortgage Deeds: SC issues notice [Read Order]
The Supreme Court has ruled that the crucial requirement of disbursing funds against the consideration for the time value of money must be evident in the origin of any debt claimed as a 'financial...
