Begin typing your search above and press return to search.
![Tax Liability is calculated based on Cost of Acquisition u/s 49(1) When Property acquired as Gift or Will: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Tax-liability-cost-acquisition-property-gift-will-ITAT-taxscan.jpg "Tax Liability is calculated based on Cost of Acquisition u/s 49(1) When Property acquired as Gift or Will: ITAT [Read Order]")
Tax Liability is calculated based on Cost of Acquisition u/s 49(1) When Property acquired as Gift or Will: ITAT [Read Order]
The Income Tax Appellate Tribunal, Hyderabad Bench has held that when the property is acquired as a gift or will, the tax liability is calculated...
![No Adjustment of Demand from Sanctioned Claim during Pendency of Demand Case before Tribunal: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Demand-Claim-Demand-Case-Tribunal-CESTAT-taxscan.jpeg "No Adjustment of Demand from Sanctioned Claim during Pendency of Demand Case before Tribunal: CESTAT [Read Order]")
![Penalty u/s 271 alone will not Stand after Deletion of 54F Disallowance: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-Disallowance-ITAT-taxscan.jpg "Penalty u/s 271 alone will not Stand after Deletion of 54F Disallowance: ITAT [Read Order]")
![Loading, Unloading and Transportation of Coal by Tippers to Railway Siding are not Cargo Handling Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Loading-Unloading-Coal-Tippers-Railway-Siding-cargo-Handling-Service-CESTAT-taxscan.jpg "Loading, Unloading and Transportation of Coal by Tippers to Railway Siding are not Cargo Handling Service: CESTAT [Read Order]")
![Storage in Container Freight Station is Incidental to Cargo Handling Activity and not Liable to charge Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Storage-Container-Freight-Station-Cargo-Handling-Activity-Service-Tax-CESTAT-taxscan.jpg "Storage in Container Freight Station is Incidental to Cargo Handling Activity and not Liable to charge Service Tax: CESTAT [Read Order]")
![No Imposition of Penalty if Cause of Action itself does not Survive: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-CESTAT-taxscan.jpeg "No Imposition of Penalty if Cause of Action itself does not Survive: CESTAT [Read Order]")
![Penalty u/s 112(a) cannot be invoked in the absence of corroborative Evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Penalty-corroborative-Evidence-CESTAT-taxscan.jpg "Penalty u/s 112(a) cannot be invoked in the absence of corroborative Evidence: CESTAT [Read Order]")
CPC has No Jurisdiction of Prima-Facie Adjustment u/s 143(1) of Income Tax Act when there are Judicial Decisions favouring Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the Centralized Processing Centre has no jurisdiction to exercise the power under section 143(1) of the Income Tax Act, 1961 when...
![CPC has No Jurisdiction of Prima-Facie Adjustment u/s 143(1) of Income Tax Act when there are Judicial Decisions favouring Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/CPC-Jurisdiction-Prima-Facie-Adjustment-Income-Tax-Act-Assessee-ITAT-taxscan.jpg "CPC has No Jurisdiction of Prima-Facie Adjustment u/s 143(1) of Income Tax Act when there are Judicial Decisions favouring Assessee: ITAT [Read Order]")
![CESTAT allows CENVAT Credit to India Cements [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/CESTAT-CENVAT-Credit-India-Cements-taxscan.jpg "CESTAT allows CENVAT Credit to India Cements [Read Order]")
No Excise Duty on Goods Manufactured on Job Work basis from Old and Used Goods Supplied by Principal Supplier: CESTAT [Read Order]
The Ahmedabad Bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that no excise duty on goods manufactured on job work basis from old and used goods supplied by the...
![No Excise Duty on Goods Manufactured on Job Work basis from Old and Used Goods Supplied by Principal Supplier: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Excise-Duty-Goods-Manufactured-Job-Work-Goods-Supplied-Principal-Supplier-CESTAT-taxscan.jpg "No Excise Duty on Goods Manufactured on Job Work basis from Old and Used Goods Supplied by Principal Supplier: CESTAT [Read Order]")
No Transfer Pricing Adjustment u/s 92CA(3) of Reimbursement of Expenses incurred by Assessee on behalf of AE's: ITAT [Read Order]
The Mumbai Income Tax Appellate Tribunal has held that no transfer pricing adjustment u/s 92CA(3) of reimbursement of expenses incurred by assessee on behalf of Associated Enterprices. The...
![No Transfer Pricing Adjustment u/s 92CA(3) of Reimbursement of Expenses incurred by Assessee on behalf of AEs: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Transfer-Pricing-Adjustment-Expenses-Assessee-AE-ITAT-taxscan.jpg "No Transfer Pricing Adjustment u/s 92CA(3) of Reimbursement of Expenses incurred by Assessee on behalf of AEs: ITAT [Read Order]")
![A Mistake would not disentitle Assessee from a Lawful Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Mistake-Assessee-Lawful-Expenditure-ITAT-Taxscan.jpg "A Mistake would not disentitle Assessee from a Lawful Expenditure: ITAT [Read Order]")