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![Arrears of Interest already offered to Tax cannot be treated as Cash Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Arrears-of-Interest-Tax-Arrears-Cash-Credit-ITAT-ITAT-Mumbai-Taxscan.jpeg "Arrears of Interest already offered to Tax cannot be treated as Cash Credit: ITAT [Read Order]")
Arrears of Interest already offered to Tax cannot be treated as Cash Credit: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the arrears of interest already offered to tax cannot be treated as cash credit...
![IGST on Ocean Freight: Higher Margin of Tax on Indian Shipping Lines will Drive them Out of Business, rules Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/05/IGST-Ocean-Freight-Higher-Margin-of-Tax-Indian-Shipping-Lines-Supreme-Court.jpeg "IGST on Ocean Freight: Higher Margin of Tax on Indian Shipping Lines will Drive them Out of Business, rules Supreme Court [Read Judgment]")
![CBDT issues Clarification on MFN clause in Protocol to Indias DTAAs with certain Countries [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/02/CBDT-DTAA-MFN-Taxscan.jpg "CBDT issues Clarification on MFN clause in Protocol to Indias DTAAs with certain Countries [Read Circular]")
No Service Tax on Flats handed over to Existing Members of Societies without any consideration Once Tax Liability on gross consideration is discharged: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai Bench has held that no Service Tax on flats handed over to existing members of societies without any consideration Once tax...
![No Service Tax on Flats handed over to Existing Members of Societies without any consideration Once Tax Liability on gross consideration is discharged: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Service-Tax-Flats-Tax-Liability-CESTAT-Taxscan.jpeg "No Service Tax on Flats handed over to Existing Members of Societies without any consideration Once Tax Liability on gross consideration is discharged: CESTAT [Read Order]")
Partial Relief to Volvo: Karnataka HC remands matter back to Authority as Disallowance of Deduction Expenditure not appreciated by ITAT [Read Order]
In a partial relief to Volvo India Pvt. Ltd., the Karnataka High Court remand the matter back to Authority as disallowance of deduction expenditure not appreciated by Income Tax Appellate Tribunal...
![Partial Relief to Volvo: Karnataka HC remands matter back to Authority as Disallowance of Deduction Expenditure not appreciated by ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Untitled-1.jpg "Partial Relief to Volvo: Karnataka HC remands matter back to Authority as Disallowance of Deduction Expenditure not appreciated by ITAT [Read Order]")
Chartered Accountants Association condemns Illegal Arrest of CA, submits Representation to Police [Read Letter]
The Chartered Accountants Association, Surat has submitted a representation to the Commissioner of Police, Surat in the light of an illegal arrest of one its members last month. As per the...
