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Judiciary

No service tax on properties rented out for accommodation & related activities

June 9, 2024 549 Views 0 comment Print

Read the detailed analysis of Rattha Holding Company Pvt Ltd vs Commissioner of GST and Central Excise (CESTAT Chennai). CESTAT ruling clarifies no service tax on properties rented out for accommodation and related activities.

Section 80M deduction allowed for dividend ‘distributed’ on or before due date

June 9, 2024 654 Views 0 comment Print

In Purnasons Pvt. Ltd vs. ITO, ITAT Kolkata rules on the allowance of deductions under Section 80M of the Income Tax Act when dividends are distributed within the due date.

Section 14A disallowance applies only to investments yielding exempt income

June 9, 2024 636 Views 0 comment Print

ITAT Mumbai rules no disallowance under Section 14A for investments not yielding tax-free income. Detailed analysis of DCIT vs Paranjapee Schemes case.

Delhi HC Directs Disposal of GST Registration Cancellation Application

June 9, 2024 276 Views 0 comment Print

Delhi High Court mandates Proper Officer to dispose of the application for cancellation of GST registration within four weeks in the case of Janarden Pandey Vs Avato Ward 77 State Goods And Service Tax & Anr.

Proper Officer’s Incomplete Consideration of Petitioner’s Reply: Delhi HC directs Re-adjudication

June 9, 2024 318 Views 0 comment Print

Delhi High Court orders re-evaluation of Show Cause Notice against MSW Solutions Ltd., citing non-application of mind by proper officer. Read the full judgment.

Stamp Duty Can’t be levied Twice on same sale consideration for property transfer

June 9, 2024 747 Views 0 comment Print

Detailed analysis of Deputy Collector vs. Meera Desai case where Gujarat HC ruled against double stamp duty on property sales. Read full judgment here.

Tax reports can be upheld without cross-examination if principles of natural justice followed

June 9, 2024 1173 Views 0 comment Print

Andhra Pradesh High Court rules that tax reports can be upheld without cross-examination if principles of natural justice are followed. Detailed analysis and case law.

Taxability of secondment receipts: ITAT deletes Section 271(1)(c) & 270A Penalty

June 9, 2024 1158 Views 0 comment Print

Discover the ITAT Bangalore ruling on IBM Canada Limited vs. DCIT, where salary reimbursements of seconded employees were deemed non-taxable as fees for technical services.

Subsidiary would only be deemed a PE if it satisfies specific tests outlined in DTAA

June 9, 2024 705 Views 0 comment Print

Delhi High Court quashes reassessment notices by DCIT after TPO settles arm’s length remuneration issue. Detailed analysis of Progress Rail Locomotive Inc. vs DCIT case.

ITAT deletes Section 69A Addition in the hand of intermediary in fund transfer

June 9, 2024 930 Views 0 comment Print

ITAT Ahmedabad deletes ₹4.45 crore addition under Section 69. Money from JDS Industries not deemed as Global Ship Trade P. Ltd’s income. Detailed case analysis.

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