Technical Glitch In Maharashtra's GST Portal, Bank Constrained To File Return In Telangana: Telangana High Court Quashes Demand, Penalty, Interest Against Standard Chartered Bank
The Telangana High Court quashed the demand, penalty, interest against Standard Chartered Bank while stating that due to...
No Service Tax Payable On Indivisible Contracts Of Transfer Of Property Along With Service Of Erection, Installation Prior To 01.06.2007: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal, Allahabad, ruled that no service tax is payable on indivisible...
Legal Heirs Of Deceased Shareholder Can't Question Transfer Of Deceased's Shares To Other Shareholders At Throwaway Price: Delhi NCLAT
The National Company Law Appellate Tribunal, New Delhi ruled that the legal heirs of deceased shareholder can't question...
Order Passed In appeal U/S 35(2) Of Revenue Code Is Revisable Under Section 210: Allahabad High Court
The Allahabad High Court ruled that the order passed in appeal u/s 35(2) of Revenue Code is revisable under Section 210....
Service Tax On Right To Use IT software Is Payable After 16.05.2008: CESTAT Grants Relief To Oracle
The Customs, Excise & Service Tax Appellate Tribunal Bangalore, granted relief to oracle while stating that the...
Human Error In Mentioning Place Of Delivery In E-Way Bill: Allahabad High Court Quashes Penalty Under GST
The Allahabad High Court quashed the penalty under GST while stating that there was human error in mentioning place of...
Nature Of Social Welfare Expenditure Can’t Be Altered Merely For Having Its Presence In Settlement Memorandum: Bombay High Court
The Bombay High Court has held that merely because such expenditure finds a place in the Memorandum of Settlement, the...
Interest Earned And Dividend Income From Co-Operative Societies/Banks To Be Taken Into Account While Granting Income Tax Deduction: ITAT
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that interest earned and dividend income from these...
Reassessment Notice To Be Issued By FAO And Not JAO: Bombay High Court
The Bombay High Court held that reassessment notice under Section 148 of the Income Act and it is only the Faceless...
Income Tax Addition Can Be Made Only On Proper Proof Of Bogus Purchases: Bombay High Court
The Bombay High Court has ruled that the income tax addition could be made only on the basis of proper proof of bogus...
No Income Earned On Funds Remitted In India Used For Subscription In Securities, Delhi High Court Quashes Reassessment Order
The Delhi High Court has quashed the reassessment order on the grounds that no income was earned on funds remitted in...
Corporation’s Net Income To Be Considered As Taxpayer’s Income Even Though Not Received By Him: US Tax Court
The United States Tax Court has held that the corporation’s net income was the taxpayer’s even though he’d received...
