Assessee can Apply for Registration u/s 80G(5)(iii) Within 6 Months After commencement of activity: Calcutta HC Upholds ITAT’s Order [Read Order]

The Court dismissed the petition in absence of questions of law for consideration In a recent case, the Calcutta High Court upheld the decision of Income Tax Appellate Tribunal (…

Continue ReadingAssessee can Apply for Registration u/s 80G(5)(iii) Within 6 Months After commencement of activity: Calcutta HC Upholds ITAT’s Order [Read Order]

GST Appeals already filed in APL-01: Kerala State GST Department permits Manual Filing of APL-03 if Online Filing Fails [Read Notification]

To appeal against the same order, the stakeholders are required to submit Form GST APL-03. However, technical challenges have emerged when trying to file this form online after a taxpayer…

Continue ReadingGST Appeals already filed in APL-01: Kerala State GST Department permits Manual Filing of APL-03 if Online Filing Fails [Read Notification]

Income Tax Addition On Interest Income Received Out Of FDs is Invalid In Absence Of Corroborative Evidence: ITAT [Read Order]

The court upheld the decision of CIT(A) and held that the assessee has established that the said funds were incidental to the assessee's business activity and, therefore, the same cannot…

Continue ReadingIncome Tax Addition On Interest Income Received Out Of FDs is Invalid In Absence Of Corroborative Evidence: ITAT [Read Order]

Marketing and Promotion Activities for FPCs Not Subject to Service Tax as Business Auxiliary Service: CESTAT [Read Order]

The activities undertaken by the appellant under the agreements with the FPCs did not qualify as taxable services under BAS In a significant ruling, the Mumbai bench of the Customs…

Continue ReadingMarketing and Promotion Activities for FPCs Not Subject to Service Tax as Business Auxiliary Service: CESTAT [Read Order]

Incentive Commission by Air Travel Agent From GDS/CRS Companies and From Airlines is not liable to Service Tax: CESTAT [Read Order]

Incentives and commissions received by Air Travel Agents from GDS/CRS companies and airlines were not liable for service tax The two member bench of the Customs Excise and Service Tax…

Continue ReadingIncentive Commission by Air Travel Agent From GDS/CRS Companies and From Airlines is not liable to Service Tax: CESTAT [Read Order]

Requirement of Filing Audit Report In Form 10B is only Procedural: ITAT grants Income Tax Exemption [Read Order]

The ITAT held that From AYs 2022-23 to 2026-27, the assessee would be eligible for exemption under section 11 of the At given the fresh registration obtained under section 12AB…

Continue ReadingRequirement of Filing Audit Report In Form 10B is only Procedural: ITAT grants Income Tax Exemption [Read Order]

Acid oil, Fatty acid, Gums and Waxes generated during the process of refining oil are “Waste”, Eligible for Central Excise Duty Exemption: CESTAT [Read Order]

In a dispute over by-products generated during refining oil can be qualified as waste, CESTAT orders in favor of the exemption claim Top Stories Acid oil, Fatty acid, Gums and…

Continue ReadingAcid oil, Fatty acid, Gums and Waxes generated during the process of refining oil are “Waste”, Eligible for Central Excise Duty Exemption: CESTAT [Read Order]