College Supplying Food through Canteen run by Educational Trust Must Register under KVAT Act: Kerala HC [Read Order]

Top Stories College Supplying Food through Canteen run by Educational Trust Must Register under KVAT Act: Kerala HC [Read Order] The court held that the liability to pay tax would…

Continue ReadingCollege Supplying Food through Canteen run by Educational Trust Must Register under KVAT Act: Kerala HC [Read Order]

Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]

In a landmark ruling, the Mumbai bench of the Income-Tax Appellate Tribunal (ITAT) has held that in view of Article 13 of DTAA between India and Singapore, the Capital Gains…

Continue ReadingCapital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]

No GST applicable on Clubs’ Services to its Members: Kerala HC declares S. 7(1)(aa) and S. 2(17)(e) Unconstitutional [Read Order]

Top Stories No GST applicable on Clubs’ Services to its Members: Kerala HC declares S. 7(1)(aa) and S. 2(17)(e) Unconstitutional [Read Order] The insertion of a statutory provision that alters…

Continue ReadingNo GST applicable on Clubs’ Services to its Members: Kerala HC declares S. 7(1)(aa) and S. 2(17)(e) Unconstitutional [Read Order]

Aadhaar-PAN Linkage for Demat Accounts is a Valid Requirement, Does Not Violate Right to Privacy: Orissa HC [Read Order]

In a recent ruling, the Orissa High Court held that the Aadhaar-PAN linkage for Demat accounts is a valid requirement under the Income Tax Act and SEBI regulations and does…

Continue ReadingAadhaar-PAN Linkage for Demat Accounts is a Valid Requirement, Does Not Violate Right to Privacy: Orissa HC [Read Order]

S. 129 of GST Act not Attracts If Goods Quantity or Weight are Correct on Physical Verification: Calcutta HC directs to Release Vehicle [Read Order]

The Calcutta High Court directed the Goods and Services Tax (GST) department to release vehicle  and held that department cannot seize goods under section 129 of GST Act, 2017 when…

Continue ReadingS. 129 of GST Act not Attracts If Goods Quantity or Weight are Correct on Physical Verification: Calcutta HC directs to Release Vehicle [Read Order]

Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]

Top Stories Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order] The direction came in light of multiple instances…

Continue ReadingDelhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]

Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]

Top Stories Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment] The Supreme Court observed that…

Continue ReadingSupreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]

Kerala HC Directs Income Tax Commissioner to Expeditiously Dispose of Rectification Petition filed u/s 154 of Income Tax Act [Read Order]

The Kerala High Court directed the Income Tax Commissioner to expeditiously dispose of the rectification petition filed under section 154 of the Income Tax Act, 1961. Unitac Energy Solutions (India)…

Continue ReadingKerala HC Directs Income Tax Commissioner to Expeditiously Dispose of Rectification Petition filed u/s 154 of Income Tax Act [Read Order]