"18 August 2022" Archive - Page 4

Employees’ contribution to PF deposited before filing of return is allowable deduction

PCIT  Vs Tv Today Network Ltd. (Delhi High Court)

Held that disallowance u/s 36(1)(va) unsustainable as the amount of employees’ contribution to the provident fund deposited before filing of return....

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Section 44DA not applicable when the amount received doesn’t qualify as royalty/ FTS

DCIT Vs Technip France SAS (ITAT Delhi)

Held that as the amount received by the assessee is not in the nature of royalty or FTS, section 44DA of the Income Tax Act will not apply....

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CS Professional / Executive Programme Exam result on 25.08.2022

Result of CS Professional Programme and Executive Programme Examinations, June, 2022 Session would be declared on Thursday, the 25th August, 2022...

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Posted Under: Income Tax | ,

Expenditure of telecommunication lines paid on monthly recurring basis are revenue in nature

Altisource Business Solutions Private Limited Vs DCIT (ITAT Bangalore)

Held that assessee incurs monthly recurring charges for telecommunication lines and since such expenditure doesnt bring any benefit of enduring nature the same are revenue in nature....

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5 new Functionality for Tax Payers in GST Portal wef 16.08.2022

GSTN enables Functionality for Tax Payers in GST Portal wef 16.08.2022 related to CORE Amendment Link For Taxpayers who fail To Update Bank account, Changes in HSN length validation in Form GSTR-1, HSN based validation in Form GSTR-9, Generation of GSTR-11 based on GSTR-1  and GSTR- 5 for UIN holders and Updation of Statistics on [&helli...

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Posted Under: Income Tax | ,

ITAT dismisses appeal for non-payment of Court fee despite ample of Opportunities

Pankaj Sharma Vs ITO (ITAT Delhi)

Pankaj Sharma Vs ITO (ITAT Delhi) I find that the present appeal is defective for want of payment of proper Court fee and the assessee has not removed the defect despite having given ample opportunities. I therefore, dismiss the appeal in limine on account of appeal being defective. However, it is clarified that if the […]...

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Order denying section 80IA deduction without Reasonable opportunity not sustainable

P.S.K. Engineering –Construction & Co. Vs ADIT (ITAT Chennai)

P.S.K. Engineering –Construction & Co. Vs ADIT (ITAT Chennai) ITAT have perused the entire order but could not understand from the order whether opportunity was granted to the assessee before denying the deduction u/s.80IA of the Act. The ld.DR could not answer whether opportunity was granted or not. Every quasi-judicial order has t...

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GST exempt on composite supply of service by way of milling of food grains into flour

In re Himalayan Flour Mill Private Limited (GST AAR West Bengal)

In re Himalayan Flour Mill Private Limited (GST AAR West Bengal) Question: Whether the instant composite supply of service by way of milling of food grains into flour to Food & Supplies Department, Govt. of West Bengal for distribution of such flour under Public Distribution System is eligible for exemption under entry No. 3A of [&hel...

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GST on supply of services for printing on duplex board

In re Anamika Agrawal (GST AAR West Bengal)

In re Anamika Agrawal (GST AAR West Bengal) What would be the rate of tax on supply of services for printing on duplex board belonging to the recipient including cutting, punching and lamination of the duplex board, so printed? Supply of services for printing on duplex board belonging to the recipient including cutting, punching and [&hel...

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GST on composite supply of services by way of milling of food grains into flour to Food & Supplies Department

In re Berhampur Warehousing Private Limited (GST AAR West Bengal)

In re Berhampur Warehousing Private Limited (GST AAR West Bengal) What is the value of supply of services provided by the applicant to the State Government for crushing of wheat into fortified atta which in turn is supplied by the State Government through Public Distribution System and what components and at what value are to […]...

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