GST on JDAs in Real Estate: Setback from GoM Decision likely
The Group of Ministers ( GoM ) on Goods and Services Tax ( GST ) Council is unlikely to recommend any tax relief for the real estate sector,...
![Refund Claims for Freight, Banking, and Financial Services Filed Beyond One-Year Limit: CESTAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Mumbai-Refund-Claims-Refund-Claims-for-Freight-Banking-Financial-Services-Dismisses-Appeal-Section-11B-of-the-Central-Excise-Act-TAXSCAN.jpg "Refund Claims for Freight, Banking, and Financial Services Filed Beyond One-Year Limit: CESTAT Dismisses Appeal [Read Order]")
![LG Electronics files incomplete application for Customs Refund Claim: CESTAT remands matter citing Justice over Procedural Deficiencies [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/LG-Electronics-customs-refund-claim-LG-Electronics-customs-refund-Incomplete-customs-refund-application-taxscan.jpg "LG Electronics files incomplete application for Customs Refund Claim: CESTAT remands matter citing Justice over Procedural Deficiencies [Read Order]")
![Madras High Court sets aside GST Order against deceased person, Grants Heir Fresh Hearing Conditionally [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-GST-Goods-and-Services-Tax-Deceased-person-GST-State-Tax-Officer-GST-order-taxscan-1.jpg "Madras High Court sets aside GST Order against deceased person, Grants Heir Fresh Hearing Conditionally [Read Order]")
Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]
In the recent ruling, the Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that co-operative societies offering credit facilities to their members can claim deductions under section...
![Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Co-operative-societies-credit-facilities-Income-Tax-Deduction-Deduction-under-Section-80P-Tax-benefits-for-co-operative-societies-Section-80P-income-tax-taxscan.jpg "Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]")
Supreme Court confirms Kerala High Court decision upholding Income Tax Levy on Compensation for Relinquishing Trusteeship [Read Judgement]
The Division Bench of the Supreme Court of India confirmed the decision of the High Court of Kerala upholding the Income Tax levying on compensation for relinquishing Trusteeship. Because the...
![Supreme Court confirms Kerala High Court decision upholding Income Tax Levy on Compensation for Relinquishing Trusteeship [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/09/Supreme-Court-Kerala-High-Court-Trusteeship-relinquishment-tax-trusteeship-tax-taxscan.jpg "Supreme Court confirms Kerala High Court decision upholding Income Tax Levy on Compensation for Relinquishing Trusteeship [Read Judgement]")
Relief to Kirloskar Oil Engines: CESTAT Excludes Dealer Promotion Expenses from Assessable Value, No direct benefit to Manufacturer [Read Order]
The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that dealer promotion expenses should not be included in the assessable value of goods for excise duty...
![Relief to Kirloskar Oil Engines: CESTAT Excludes Dealer Promotion Expenses from Assessable Value, No direct benefit to Manufacturer [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Mumbai-Kirloskar-Oil-Kirloskar-Oil-Engines-Customs-Excise-and-Service-Tax-Appellate-Tribunal-Taxscan.jpg "Relief to Kirloskar Oil Engines: CESTAT Excludes Dealer Promotion Expenses from Assessable Value, No direct benefit to Manufacturer [Read Order]")
GSTN issues Advisory on issuance of Notices/Orders without Digital Signatures of the issuing Authorities
In a recent advisory, the Goods and Services Tax Network ( GSTN ) has addressed growing concerns regarding the validity of documents issued by tax officers through the common portal, particularly...
"Immediate steps must be taken by Revenue to upgrade software": Supreme Court slams Dept & CBDT for Demand of Rs. 62.85 Lakh Excess Surcharge on Income Tax [Read Judgement]
The Supreme Court recently addressed the imposition of an incorrect surcharge on the petitioner’s income tax liability. The case arose from a demand made by the Central Processing Centre ( CPC ) for...
![Immediate steps must be taken by Revenue to upgrade software: Supreme Court slams Dept & CBDT for Demand of Rs. 62.85 Lakh Excess Surcharge on Income Tax [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/09/Supreme-Court-Income-Tax-CBDT-Central-Processing-Centre-CPC-income-tax-liability-taxscan.jpg "Immediate steps must be taken by Revenue to upgrade software: Supreme Court slams Dept & CBDT for Demand of Rs. 62.85 Lakh Excess Surcharge on Income Tax [Read Judgement]")