Top Stories Service Tax cannot be Demanded on Sole basis of Information from ITR and Form 26AS: CESTAT [Read Order] Service tax cannot be demanded on sole basis of information…
Top Stories Stamp Value on Date of Agreement on Sale of Property to be considered for Applicability of Section 56(2)(vii)(b) of Income Tax Act: ITAT [Read Order] Stamp Value on…
Top Stories Cash Deposits in Bank Account from Sale Proceeds received in Cash on due explanation, is not Unexplained Credit: ITAT [Read Order] Cash deposits in bank account from sale…
As part of promoting voluntary compliance through e-verification scheme, 2021, the income tax department has urged the taxpayers to review the Annual Information Statement and update the Income Tax Returns…
Top Stories GST on Real Estate: Know the Tax Rates on Commercial and Residential Property Rentals By Aiswarya Krishnadas - On March 5, 2024 10:00 am - 4 mins read…
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that service tax not leviable in absence of consignment note and that services cannot be…
In a recent ruling, the Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) has clarified that delivery costs and warranty expenses should not be categorized as advertising, marketing,…
The Rajasthan High Court stayed the demand order and noted that the time of accrual for taxing income postpones till adjudication of dispute by the civil court. The counsel for…
Top Stories IBBI issues Circular to Enhance Transparency and Stakeholder Engagement in Liquidation Process IBBI issued circular to enhance transparency and stakeholder engagement in liquidation process By Kalyani B. Nair…
Top Stories CESTAT Weekly Round-Up A weekly summary of Customs, Excise and Service Tax decisions by CESTAT Benches across India. By Aparna. M - On March 2, 2024 5:02 pm…