![S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Section-13-ITAT-Rules-Section-13-Assessment-Registration-TAXSCAN.webp "S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order [Read Order]")
S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) set aside the Commissioner of Income Tax(Exemption)[CIT(E)]’s order, emphasizing that the...
![ITAT deletes ₹58 Lakh Capital Investment addition due to Name Discrepancy of Taxpayer in Records [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-Income-Tax-capital-investment-taxscan.jpg "ITAT deletes ₹58 Lakh Capital Investment addition due to Name Discrepancy of Taxpayer in Records [Read Order]")
ITAT Exempts Penny Stock Transactions u/s 10(38) Due to STT Compliance, Denies AO’s Bogus Transaction Allegations [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed exemption under Section 10 (38) of the Income Tax Act, 1961, which the Assessing Officer had denied because the share...
![ITAT Exempts Penny Stock Transactions u/s 10(38) Due to STT Compliance, Denies AO’s Bogus Transaction Allegations [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-Income-Tax-Appellate-Tribunal-Securities-Transaction-Tax-STT-STT-Compliance-ITAT-Exempts-Penny-Stock-Transactions-taxscan.jpg "ITAT Exempts Penny Stock Transactions u/s 10(38) Due to STT Compliance, Denies AO’s Bogus Transaction Allegations [Read Order]")
Composite Supply of Catering within club premises a/w Renting falls under "Outdoor Catering Service together with Renting of Premises" and attracts 5% GST: AAR [Read Order]
In a recent ruling, the West Bengal bench of the Authority for Advance Ruling ( AAR ) held that the composite supply of catering within club premises along with renting is considered as an outdoor...
![Composite Supply of Catering within club premises a/w Renting falls under Outdoor Catering Service together with Renting of Premises and attracts 5% GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/AAR-AAR-West-Bengal-GST-Authority-for-Advance-Ruling-Composite-Supply-of-Catering-Renting-falls-Outdoor-Catering-Service-Renting-of-Premises-Catering-Service-Outdoor-Catering-taxscan.jpg "Composite Supply of Catering within club premises a/w Renting falls under Outdoor Catering Service together with Renting of Premises and attracts 5% GST: AAR [Read Order]")
5% GST payable w/o ITC on Accommodation Service provided by Club for less than Rs. 7500/-, 18% leviable on higher rent with ITC: AAR [Read Order]
In a recent ruling, the West Bengal bench of the Authority for Advance Ruling ( AAR ) has ruled that a 5% GST is payable without input tax credit ( ITC ) on accommodation services provided by clubs...
![5% GST payable w/o ITC on Accommodation Service provided by Club for less than Rs. 7500/-, 18% leviable on higher rent with ITC: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-ITC-input-tax-credit-AAR-AAR-West-Bengal-TAXSCAN.jpeg "5% GST payable w/o ITC on Accommodation Service provided by Club for less than Rs. 7500/-, 18% leviable on higher rent with ITC: AAR [Read Order]")
Services not naturally bundled can never be termed as 'composite supply': AAAR in Tamil Nadu Generation and Distribution Corporation Limited Appeal [Read Order]
The Tamilnadu State Appellate Authority for Advance Ruling (AAAR) in a recent matter before it noted that any services which are not naturally bundled with the ‘principal supply of service’ rendered...
ITAT restores Additional Depreciation Claim for Statistical Reassessment following Legal Amendment in S.32(1)(iia) of Income Tax Act [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the additional depreciation claim for statistical reassessment following a legal amendment in Section 32(1)(iia) of the Income...
![ITAT restores Additional Depreciation Claim for Statistical Reassessment following Legal Amendment in S.32(1)(iia) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Statistical-Reassessment-TAXSCAN.jpg "ITAT restores Additional Depreciation Claim for Statistical Reassessment following Legal Amendment in S.32(1)(iia) of Income Tax Act [Read Order]")
![Handling Charges not Includible in Assessable Value of Excisable Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-Ahmedabad-Excisable-Goods-Assessable-Value-of-Excisable-Goods-TAXSCAN.webp "Handling Charges not Includible in Assessable Value of Excisable Goods: CESTAT [Read Order]")