![Co-operative Society Entitled to Deduction u/s 80P(2)(d) of Income Tax for Deposits in Co-operative Banks: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-Section-80P2d-Section-80P2d-of-the-Income-Tax-Act-Co-operative-Society-Co-operative-Bank-TAXSCAN.jpg "Co-operative Society Entitled to Deduction u/s 80P(2)(d) of Income Tax for Deposits in Co-operative Banks: ITAT [Read Order]")
Co-operative Society Entitled to Deduction u/s 80P(2)(d) of Income Tax for Deposits in Co-operative Banks: ITAT [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal ( ITAT ) allowed the appeal filed by the co-operative society and held that it was entitled to...
![Freight/Insurance not Includable in Assessable Value: CESTAT quashes Order based on Extended Period of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Ahmedabad-CESTAT-quashes-CESTAT-quashes-Order-Extended-Period-of-Limitation-Freight-or-Insurance-Freight-Insurance-Assessable-Value-taxscan.jpg "Freight/Insurance not Includable in Assessable Value: CESTAT quashes Order based on Extended Period of Limitation [Read Order]")
![CESTAT dismisses Service Tax Dept Appeal Concerning CBIC Guidelines on Fixing Monetary Limit [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Bangalore-Service-Tax-CBIC-Central-Board-of-Indirect-Taxes-and-Customs-Service-Tax-Dept-CBIC-Guidelines-CESTAT-Dismisses-taxscan.jpg "CESTAT dismisses Service Tax Dept Appeal Concerning CBIC Guidelines on Fixing Monetary Limit [Read Order]")
![No GST Payable on Free Electricity provided by NHPC: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Himachal-Pradesh-HC-Himachal-Pradesh-High-Court-GST-Goods-and-Services-Tax-GST-Payable-Free-Electricity-Provided-NHPC-No-GST-Payable-GST-Payable-on-Free-Electricity-taxscan.jpg "No GST Payable on Free Electricity provided by NHPC: Himachal Pradesh HC [Read Order]")
Non-Consideration of Statement: Bombay HC directs Dept to Reconsider Customs Classification Issue with Personal Hearing Opportunity [Read Order]
The High Court of Bombay in a recent matter quashed a show-cause notice and impugned order in a matter regarding disputed Customs Tariff Classification of Goods citing the lack of consideration of...
Finance Ministry amends Customs Notification to Align with 2024 Budget Amendments [Read Notification]
The Finance Ministry has amended the 14 customs notifications to align with the budget 2024 amendments. The amendment shall come into force on 1st October 2024. In exercise of the powers conferred...
![Finance Ministry amends Customs Notification to Align with 2024 Budget Amendments [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/10/Finance-Ministry-2024-Budget-Amendments-2024-Budget-Customs-Taxscan.jpg "Finance Ministry amends Customs Notification to Align with 2024 Budget Amendments [Read Notification]")
Madras HC Rules 'Business Auxiliary' and 'Engineering Consultation Services' consider as Input Service, Eligible for CENVAT Credit [Read Order]
The Madras High Court recently ruled that 'Business Auxiliary Services' and 'Engineering Consultation Services' qualify as 'Input Services' under the CENVAT Credit Rules, thereby making them eligible...
Govt Lifts Ban on Non-Basmati White Rice Export, Now 'Free' Subject to MEP of $490/Tonne [Read Notification]
The government has lifted the ban on export of Non-Basmati White Rice ( ITC (HS) Code 1006 30 90). The prohibition has shifted to ‘Free’ subject to MEP ( Minimum Export Price ) of $490/Tonne The...
Returns filed belatedly under GSTR-3B lead to GST Interest Demand: Madras HC remands Matter due to Lack of Proper Notice [Read Order]
In a recent ruling, the Madras High Court remanded the matter concerning Goods and Services Tax (GST) demand interest for belated filing under GSTR-3B due to lack of proper notice. MKPO Metal...
![Returns filed belatedly under GSTR-3B lead to GST Interest Demand: Madras HC remands Matter due to Lack of Proper Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CBIC-GSTR-3B-GST-Act-GSTR-CBIC-updates-Customs-GSTR-3B-Table-6.1-taxscan.jpg "Returns filed belatedly under GSTR-3B lead to GST Interest Demand: Madras HC remands Matter due to Lack of Proper Notice [Read Order]")
GST Registration Cancellation does not Exempted petitioner From Tax Liability or Penalties: Delhi HC [Read Order]
In a significant ruling, the Delhi High Court held that the petitioner was not absolved of their obligation to pay tax, interest, or penalties, nor are they exempted from the consequences of...
![GST Registration Cancellation does not Exempted petitioner From Tax Liability or Penalties: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Delhi-High-Court-GST-Tax-Liability-GST-Registration-cancellation-Taxscan.jpg "GST Registration Cancellation does not Exempted petitioner From Tax Liability or Penalties: Delhi HC [Read Order]")
SCN Proposes GST Demand for under Declaration of Output Tax and GSTR-01/GSTR-09 Mismatch: Delhi HC remands Matter for Fresh Consideration [Read Order]
The Delhi High Court has remanded a GST matter for fresh consideration after a show cause notice (SCN) was issued due to an under declaration of output tax and a mismatch between GSTR-01 and GSTR-09,...
![SCN Proposes GST Demand for under Declaration of Output Tax and GSTR-01/GSTR-09 Mismatch: Delhi HC remands Matter for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-Demand-GSTR-9C-Madras-HC-Pre-deposit-taxscan.jpg "SCN Proposes GST Demand for under Declaration of Output Tax and GSTR-01/GSTR-09 Mismatch: Delhi HC remands Matter for Fresh Consideration [Read Order]")