Telengana Assembly passes Bill reducing VAT on Mobile Phones
The Telangana Value Added Tax (Amendment) Bill, 2016Â has been passed by the Legislative Assembly on Wednesday. The Bill was introduced by Minister...
Kerala HC deletes Penalty imposed on Assessee for Non-Bifurcation of VAT & Luxury Tax [Read Judgment]
The single bench of the Kerala High Court, while deleting an order of penalty under the provisions of Kerala Tax on Luxuries Act, 1976, held that penalty cannot be levied for non-bifurcation of VAT...
![Kerala HC Confirms 13.5% of VAT on T5 Fluorescent Lamps [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/T5-Flourescent-Lamps.jpg "Kerala HC Confirms 13.5% of VAT on T5 Fluorescent Lamps [Read Judgment]")
S. 43B of Income Tax Act is not applicable in Cases where the assesse has not claimed statutory liability as business expenditure; ITAT Hyderabad [Read Order]
The Hyderabad bench of Income Tax Appellate Tribunal(ITAT), has recently held that in cases where the assesse has not claimed statutory liability as business expenditure, the claim in respect of...
Reimbursement of Commercial Taxes under Bihar Incentive Scheme is a Capital Receipt, Not Taxable: ITAT Mumbai [Read Order]
On an appeal filed by the Revenue against the Order of the CIT(A) in the case Dy. Commissioner of Income Tax - 4(2) v.M/s Harinagar Sugar Mi l ls Ltd., the Tribunal held that capital subsidy being 10%...
![Reimbursement of Commercial Taxes under Bihar Incentive Scheme is a Capital Receipt, Not Taxable: ITAT Mumbai [Read Order]](/images/placeholder.jpg "Reimbursement of Commercial Taxes under Bihar Incentive Scheme is a Capital Receipt, Not Taxable: ITAT Mumbai [Read Order]")
A Commissioner can call upon a person to produce the books of accounts and other documents under DVAT Act; Delhi HC [Read Judgment]
The division bench of the Delhi High Court has upheld the order of the Commissioner of VAT delegating the powers of assessment and re-assessment under Section 32 of the DVAT Act to all officers, not...
