No Service Tax leviable by Clubbing all Activities undertaken under “Cargo Handling Service”: CESTAT [Read Order]

Top Stories No Service Tax leviable by Clubbing all Activities undertaken under “Cargo Handling Service”: CESTAT [Read Order] No Service Tax leviable by Clubbing all Activities undertaken under “Cargo Handling…

Continue ReadingNo Service Tax leviable by Clubbing all Activities undertaken under “Cargo Handling Service”: CESTAT [Read Order]

Petitions challenging CGST, SGST & Customs Act Penal Provisions: Supreme Court reserves Judgment

On May 16, the Supreme Court reserved its judgment on a series of petitions challenging the constitutional validity and interpretation of penal provisions in the Central Goods and Services Tax…

Continue ReadingPetitions challenging CGST, SGST & Customs Act Penal Provisions: Supreme Court reserves Judgment

Madras HC Grants Second Chance to Submit Documents for GSTR-1 vs GSTR-3B Discrepancies without Pre-deposit Condition [Read Order]

The Madras High Court granted a second chance to the petitioner to submit the documents with regards to the GSTR 1 and GSTR 3B discrepancies without the Pre-deposit condition. The…

Continue ReadingMadras HC Grants Second Chance to Submit Documents for GSTR-1 vs GSTR-3B Discrepancies without Pre-deposit Condition [Read Order]

Cash Deposited by 77-year-old Assessee looking to Saving for Old Age holding cannot be added u/s 68 of Income Tax Act: ITAT [Read Order]

The Jodhpur Bench of the Income Tax Appellate Tribunal(ITAT) has held that cash deposited by a 77-year-old age assessee looking to save for old age holding cannot be added under…

Continue ReadingCash Deposited by 77-year-old Assessee looking to Saving for Old Age holding cannot be added u/s 68 of Income Tax Act: ITAT [Read Order]

Excise Duty Not Imposable When Excess Clearance of Waste and Scrap made after Payment of Full Duty: CESTAT [Read Order]

The Ahmedabad bench of the Customs, Excise And Service Tax Appellate Tribunal (CESTAT) held that excise duty not imposable when excess clearance of waste and scrap made after payment of…

Continue ReadingExcise Duty Not Imposable When Excess Clearance of Waste and Scrap made after Payment of Full Duty: CESTAT [Read Order]

Charter Services for Transportation of Senior Executive Officials to attend Business Meeting in relation to Manufacture and Sale of Finished Goods is Input Service: CESTAT [Read Order]

Top Stories Charter Services for Transportation of Senior Executive Officials to attend Business Meeting in relation to Manufacture and Sale of Finished Goods is Input Service: CESTAT [Read Order] Charter…

Continue ReadingCharter Services for Transportation of Senior Executive Officials to attend Business Meeting in relation to Manufacture and Sale of Finished Goods is Input Service: CESTAT [Read Order]

Interest Free or Concessional Loans to Bank Employees Are Taxable under Income Tax Rules as Perquisite: Supreme Court [Read Judgement]

Top Stories Interest Free or Concessional Loans to Bank Employees Are Taxable under Income Tax Rules as Perquisite: Supreme Court [Read Judgement] It was observed that the employer's grant of…

Continue ReadingInterest Free or Concessional Loans to Bank Employees Are Taxable under Income Tax Rules as Perquisite: Supreme Court [Read Judgement]

Not Every Deposit during Demonetization Period would fall under Category of Unaccounted Cash: ITAT remits to AO for fresh consideration [Read Order]

Top Stories Not Every Deposit during Demonetization Period would fall under Category of Unaccounted Cash: ITAT remits to AO for fresh consideration [Read Order] The burden was on the assessee…

Continue ReadingNot Every Deposit during Demonetization Period would fall under Category of Unaccounted Cash: ITAT remits to AO for fresh consideration [Read Order]