The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that Royal Enfield Motors’ claim for refund of Rs. 1.79 crore in service tax paid on…
Top Stories Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order] The Tribunal asserted that cash deposits made during the demonetization…
Top Stories Pharmacy Income Not Separate Business, Exempt u/s 11: ITAT grants Relief to Charitable Hospital [Read Order] The tribunal noted that medicines are one of the most common healthcare…
Individual taxpayers and Hindu Undivided Families (HUFs) across India are facing undue hurdles while attempting to file TDS Forms 15G and 15H on the Income Tax Department’s portal. The platform…
In a recent ruling, the Delhi High Court ruled that income tax reassessments cannot be initiated after three years from the end of the relevant assessment year, regardless of whether…
In a recent ruling, the Delhi High Court refused to entertain the petition as the impugned GST order rejecting the refund claim was passed after considering the reply and the…
In a significant ruling, the Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that rental income derived by a charitable trust, if incidental and ancillary to its…
In a recent ruling, the Patna High Court quashed preliminary orders and held that notices issued under Section 148 of the Income Tax Act, even under the unamended provisions, must…
In a recent ruling, the Allahabad High Court has quashed the Goods and Services Tax ( GST ) demand of Rs. 2.11 crores which was issued under Section 74 of…
Top Stories Mutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order] CESTAT ruled that mutual fund investments are neither trading nor…