Sponsored
    Follow Us:

ITAT Upholds CIT(A) Decision on Deletion of Income Tax Addition for Unexplained Investment

September 16, 2023 504 Views 0 comment Print

Analysis of ITAT Ahmedabad’s decision in ITO vs Jakshibhai Dahyabhai Bharvad. Understand how CIT(A) order was upheld, affecting income tax additions.

Delhi HC interim direction to Restaurant Association on ‘‘Service Charges’

September 16, 2023 897 Views 0 comment Print

The Delhi High Court’s judgment impacts how restaurants charge their customers. The term ‘Service Charge’ is replaced with ‘Staff Contribution,’ limited to 10% of the bill.

Unsubstantiated Allegation of Clandestine Scrap Removal: CESTAT sets aside SCN 

September 16, 2023 222 Views 0 comment Print

Analyzing the landmark CESTAT Chandigarh case where Ludhiana Steel Rolling Mills successfully appealed against a Central Excise demand for Rs. 82,20,602. Find out why the Court sided with the appellant.

HC Directs De Novo Consideration Due to Tribunal’s Lack of Detailed Reasoning

September 16, 2023 366 Views 0 comment Print

The Delhi High Court has directed the Income Tax Appellate Tribunal (ITAT) to provide valid reasons for reversing the CIT(A)’s decision on unexplained cash credits in the case of Om Shiva Traders Pvt Ltd Vs ITO.

AO’s Addition u/s 68 Unsustainable: Assessee Proves Identity, Creditworthiness & Genuineness – ITAT

September 16, 2023 807 Views 0 comment Print

Explore the ITAT Delhi’s judgment in ACIT vs Rishi Infratach Pvt Ltd case pertaining to Section 68. Learn how the court settled matters related to identity, creditworthiness, and genuineness of share capital transactions.

No Service Tax on Recharge Coupon/Mobile Connection Handling commission from BSNL

September 15, 2023 1428 Views 0 comment Print

Analysis of CESTAT Chandigarh’s ruling in S. R. Medical Agencies vs. Commissioner of Central Excise regarding service tax on BSNL commission. Learn about the implications.

IRDAI Forms Committee on Cyber Security

September 14, 2023 1035 Views 0 comment Print

IRDAI has established a standing committee to enhance cyber security in insurance industry, as per their Information and Cyber Security Guidelines.

GST Classification and Rate for Treated Water Sales

September 14, 2023 1395 Views 0 comment Print

Explore the GST classification and applicable rate for treated water sales as per the ruling in the Eastern Common Effluent Treatment Company Private Ltd case.

GST Ruling: Legal Cost Apportionment by Foster Wheeler- Application withdrawn

September 14, 2023 270 Views 0 comment Print

Read about a GST ruling on legal cost apportionment by Foster Wheeler (GB) Limited in Tamil Nadu and whether it requires reverse charge mechanism (RCM).

Madras HC dismisses GST Registration Cancellation Writ Petition Amid Amnesty Scheme

September 14, 2023 8829 Views 0 comment Print

Madras High Court dismisses DDA Tyres’ writ petition against GST registration cancellation. Analyzing the court’s stance on the newly notified amnesty scheme.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031