![4% Tax Levied on Turnover of Sales in respect of Charter Hire of Vessels: Mumbai Sales Tax Tribunal [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Sales-Turnover-Tax-Levied-Taxscan.jpg "4% Tax Levied on Turnover of Sales in respect of Charter Hire of Vessels: Mumbai Sales Tax Tribunal [Read Order]")
4% Tax Levied on Turnover of Sales in respect of Charter Hire of Vessels: Mumbai Sales Tax Tribunal [Read Order]
The Sales Tax Tribunal at Mumbai held that the turnover of charter hire in respect of the Rig Greadrill Chetna be calculated @ 4%. The appellants...
![License Fees for use of IT Parks Assessable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/License-Fee-Business-Income-ITAT-Taxscan.jpg "License Fees for use of IT Parks Assessable as Business Income: ITAT [Read Order]")
![Financial Crisis and Labour Unrest are Sufficient Reasons to Condone Delay in Filing Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Filing-Appeal-Financial-Crisis-Taxscan-1.jpg "Financial Crisis and Labour Unrest are Sufficient Reasons to Condone Delay in Filing Appeal: ITAT [Read Order]")
![Finance Ministry notifies Redrafted Rules governing the Tenure of various Appellate Tribunal Chairpersons and Members [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/02/Appellate-Tribunal-Finance-Ministry-Redrafted-Rules-Authority-Taxscan.jpg "Finance Ministry notifies Redrafted Rules governing the Tenure of various Appellate Tribunal Chairpersons and Members [Read Notification]")
![Capital Gain Deduction allowable for House purchased Outside India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/House-Purchased-ITAT-Taxscan.jpg "Capital Gain Deduction allowable for House purchased Outside India: ITAT [Read Order]")
Clubbing of Income: ITAT allows a claim for Set-off of Loss by Husband invested in Wife's Business [Read Order]
The Income Tax Appellate Tribunal (ITAT) in the case of Uday Gopal Bhaskarwar vs ACIT allowed the appeal against CIT(A) and held that the losses which are incurred in the wife’s business are, which...
![Clubbing of Income: ITAT allows a claim for Set-off of Loss by Husband invested in Wifes Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Clubbing-of-Income-Husband-Invest-Wifes-Business-ITAT-Taxscan.jpg "Clubbing of Income: ITAT allows a claim for Set-off of Loss by Husband invested in Wifes Business [Read Order]")
![MCA notifies Companies (Winding Up) Rules 2020, effective from April 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/01/Winding-up-Rules-MCA-Investments-Company-Act-Taxscan-1.jpg "MCA notifies Companies (Winding Up) Rules 2020, effective from April 1, 2020 [Read Notification]")
Madras HC denies Exemption benefit on Imports made prior to Registration under Customs Rules [Read Judgment]
The Madras High Court has denied the exemption benefit on imports made before the registration under customs rules. The Assessee M/s.Medreich Sterilab Limited holding that Rules 3 and 4 of the...
![Madras HC denies Exemption benefit on Imports made prior to Registration under Customs Rules [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/01/customs-rules-Madras-High-Court-Exemption-Benifit-Import-Goods-Taxscan.jpg "Madras HC denies Exemption benefit on Imports made prior to Registration under Customs Rules [Read Judgment]")
IILM Business School liable to pay Service Tax on MBA, PGP programme as they are not falling under excluded category: CESTAT [Read Order]
The Central Excise and Service Tax Tribunal (CESTAT) Ahmedabad, held that if the service provided by IILM Business School are not falling under category excluded from the definition of Commercial...
![IILM Business School liable to pay Service Tax on MBA, PGP programme as they are not falling under excluded category: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/IILM-Business-School-CESTAT-Taxscan.jpg "IILM Business School liable to pay Service Tax on MBA, PGP programme as they are not falling under excluded category: CESTAT [Read Order]")
No Penalty can be Imposed on Partners, If Penalty has been imposed on Partnership Firm: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has reduced the penalty on account of ‘no monetary benefits’ to Appellant and has held that when penalty is...
![No Penalty can be Imposed on Partners, If Penalty has been imposed on Partnership Firm: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Partnership-CESTAT-Taxscan.jpg "No Penalty can be Imposed on Partners, If Penalty has been imposed on Partnership Firm: CESTAT [Read Order]")
Once Ad-hoc Addition is made and Estimate is reduced by Tribunal, No Penalty on Concealment of Income u/S 271 (1)(c) of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench in an appeal filed before it, held that once addition has been made on adhoc and estimate which has been reduced by the tribunal, then no...
![Once Ad-hoc Addition is made and Estimate is reduced by Tribunal, No Penalty on Concealment of Income u/S 271 (1)(c) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Tribunal-Penalty-on-Concealment-of-Income-Penalty-Concealment-of-Income-Income-Tax-Act-ITAT-taxscan.jpg "Once Ad-hoc Addition is made and Estimate is reduced by Tribunal, No Penalty on Concealment of Income u/S 271 (1)(c) of Income Tax Act: ITAT [Read Order]")
Order passed due to non-constitution of Tribunal: Patna HC directs assessee to file appeal u/s 112 of BGST Act [Read Order]
In a recent judgement, the Patna High Court directed the assessee to file an appeal under section 112 of the Bihar Goods and Services Tax Act (B.G.S.T. Act). M/S Amit Kumar Yadav, the petitioner...
![Order passed due to non-constitution of Tribunal: Patna HC directs assessee to file appeal u/s 112 of BGST Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Order-non-constitution-of-Tribunal-Tribunal-Patna-Highcourt-appeal-BGST-Act-taxscan.jpg "Order passed due to non-constitution of Tribunal: Patna HC directs assessee to file appeal u/s 112 of BGST Act [Read Order]")