![Revenue recognition Methodology accepted by Revenue must remain unchanged across years until and unless modified in Initial year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Ahmedabad-Revenue-Recognition-Methodology-Income-Tax-taxscan.jpg "Revenue recognition Methodology accepted by Revenue must remain unchanged across years until and unless modified in Initial year: ITAT [Read Order]")
Revenue recognition Methodology accepted by Revenue must remain unchanged across years until and unless modified in Initial year: ITAT [Read Order]
In a recent ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) emphasized the principle of consistency in revenue recognition...
![Failure to point out deficiency in books of account of Mobile distribution business: ITAT deletes 30% Disallowance made on Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Mobile-Distribution-Mobile-Distribution-Business-taxscan.jpg "Failure to point out deficiency in books of account of Mobile distribution business: ITAT deletes 30% Disallowance made on Expenditure [Read Order]")
![IGST Refund on Export of Zero Rated Supplies: Madras HC allows Clubbing of unutilised GST ITC Refund Claims beyond Calendar Month, remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/IGST-Refund-Madras-High-Court-GST-TAXSCAN.png "IGST Refund on Export of Zero Rated Supplies: Madras HC allows Clubbing of unutilised GST ITC Refund Claims beyond Calendar Month, remands Matter [Read Order]")
Conspiracy is factual issue that can be proved or disproved at trial: Delhi HC grants bail to IAS officer Anil Tuteja kingpin of illegal liquor syndicate in Chattisgarh [Read Order]
The Delhi High Court granted bail to IAS officer Anil Tuteja, the alleged kingpin of an illegal liquor syndicate in Chattisgarh, emphasized that conspiracy was a factual issue that can be proved or...
![ITAT Annual Digest [Part - 26]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Income-Tax-Act-Income-tax-taxscan-1.jpg "ITAT Annual Digest [Part - 26]")
Accounting ITC as IGST instead of CGST and SGST: Kerala High Court directs GST Dept to Consider GSTR-3B Rectification Application [Read Order]
The Kerala High Court has allowed a petitioner to rectify the GSTR-3B returns filed for the inadvertent error of classifying Input Tax Credit (ITC) as Integrated GST (IGST) instead of Central GST and...
![Accounting ITC as IGST instead of CGST and SGST: Kerala High Court directs GST Dept to Consider GSTR-3B Rectification Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITC-IGST-CGST-SGST-Kerala-High-Court-GSTR-3B-Rectification-Application-taxscan.jpg "Accounting ITC as IGST instead of CGST and SGST: Kerala High Court directs GST Dept to Consider GSTR-3B Rectification Application [Read Order]")
Addition Made by Tax Authorities Was Not Sustainable as Assessee Did Not Claim Job Charges: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an addition made by the tax authorities to the tax liability of Standard Tele Towers P. Ltd. The ITAT held that the addition...
![Addition Made by Tax Authorities Was Not Sustainable as Assessee Did Not Claim Job Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Addition-Tax-Authorities-Assessee-Claim-Job-Charges-ITAT-TAXSCAN.jpg "Addition Made by Tax Authorities Was Not Sustainable as Assessee Did Not Claim Job Charges: ITAT [Read Order]")