Jammu Kashmir High Court held that GST is leviable on rental income received by renting out hotel premises to the Police Department of Government of Jammu and Kashmir. Thus, Department of Home directed to reimburse the GST amount.
Property tax couldn’t be levied without following statutory assessment procedure under Section 233 of Kerala Municipality Act, 1994 as in the absence of a valid levy, there could not have been an assessment to tax
ITAT Hyderabad held that NHAI grant shall not be reduced from the cost of project before allowing amortization of cost of project. Accordingly, appeal of revenue dismissed and order of CIT(A) upheld.
Gujarat High Court held that assessee is not at fault for delay caused in filing the return of income claiming the refund of TDS as no tax was payable by the petitioners on the amount of interest under section 194LA of the Act, 1961. Accordingly, interest u/s. 244A of the Income Tax Act duly admissible.
ITAT Chandigarh held that addition based on statement is liable to be quashed as the statement was recorded from the back of the assessee and the assessee was not given an opportunity to cross-examine the deponent. Accordingly, appeal of revenue dismissed.
Karnataka High Court held that Gram Panchayat has no jurisdiction to impose property tax on properties situated within a notified industrial area governed by the Karnataka Industrial Areas Development Act, 1966 [KIAD Act]. Accordingly, writ petition is allowed.
ITAT Nagpur held that co-operative society is eligible to claim deduction under section 80P of the Income Tax Act in respect of interest earned from credit facilities extended to nominal members. Accordingly, appeal of assessee allowed.
Understand TCS Form 27EQ filing requirements, quarterly return due dates, monthly challan payment deadlines, and interest implications for late collection or payment.
Understand GST implications for Multimodal Transportation (MMT) and its distinction from Goods Transport Agency (GTA) services, covering tax rates, ITC, and compliance.
Calcutta High Court dismisses Rampada Pradhan’s petition challenging anti-dumping duty final findings after the definitive levy notification was published.
