Day: December 9, 2024
39 articlesIncome Tax

Income Tax
Disallowance u/s. 14A unjustified since own funds available more than investments made: ITAT Ahmedabad
Custom Duty

Custom Duty
Interest u/s. 28AA of Customs Act not leviable on person ineligible for benefit under FTP: Kerala HC
Income Tax

Income Tax
Additional depreciation u/s. 32(1)(iia) admissible on process of compression of natural gas: ITAT Ahmedabad
Income Tax

Income Tax
Protective addition deleted as income already included and tax paid by assessee’s wife: ITAT Delhi
Goods and Services Tax

Goods and Services Tax
Bail granted in issuance of fake GST invoice as accused already in custody for more than 7 months
Company Law

Company Law
Delay in filing of Form BEN-2: MCA imposes Penalty
Income Tax

Income Tax
Gross receipts calculation for section 44AD includes duty drawback: ITAT Kolkata
Income Tax

Income Tax
Addition u/s. 68 set aside as no allegation of assessee’s involvement in price rigging/ increase
Corporate Law

Corporate Law
Luxury tax leviable on charges collected for provision of sophisticated medical beds to expecting mothers
Income Tax

Income Tax
Assessee acted as kaccha arahtia is eligible for entire TDS credit: ITAT Visakhapatnam
Income Tax

Income Tax
Addition u/s. 68 not sustained as cash deposited out of business receipts: ITAT Mumbai
Company Law

Company Law
Share application money didn’t constitute financial debt u/s. 5(8) of IBC: NCLAT Delhi
Goods and Services Tax

Goods and Services Tax
Weekly newsletter from Chairman, CBIC, Dated: 09.12.2024
Income Tax

Income Tax
