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Cheque For Refund Issued By Income Tax Dept. Bounced Despite Court’s Clear Directions: Punjab & Haryana High Court Orders Departmental Action

The Punjab and Haryana High Court has directed the departmental action against the income...

Royalty Imposed By Municipal Corporation On Advertising Companies For Putting Up Hoardings/Advertisements Can’t Be Termed As ‘Tax’: Supreme Court

The Supreme Court has held that  'royalty' imposed by Municipal Corporation on the advertising...

Mere Omission To Give Correct Information Is Not Suppression Of Facts Unless It Was Deliberate To Stop Payment Of Duty: Chhattisgarh High Court

The Chhattisgarh High Court has held that mere omission to give correct information is...

CBDT Issues Revised Guidelines For Compounding of Offences Under Income Tax Act, 1961

The Central Board of Direct Taxes (CBDT) has issued Revised Guidelines for compounding of...

Income Tax Deduction Allowable On Interest For Broken Period In Case Of Stock -In-Trade: Supreme Court

The Supreme Court has held that income tax deduction allowable on interest for broken...

Addition Made Purely On Employees’ Statement Not Sustainable: ITAT Deletes Income Tax Addition Of Rs. 1.68 Crores

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has upheld the deletion of the...

Receipt From Supply Planning Services  Can’t Be Taxed As Fees For Technical Services/Royalty : ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that receipt from supply planning...

Relief To MITSUBISHI CORPORATION: AO Can’t Object ITAT’s Decision Allowing Assessee To Set Up Fresh Claim: Delhi High Court

The Delhi High Court held that AO can't object to ITAT's decision allowing assessee...

Relief To Axis Bank: Discount On ESOPs Is Allowable As Deduction: ITAT

In a major relief to Axis Bank, the Income Tax Appellate Tribunal (ITAT) Ahmedabad...

Delhi High Court Directs Income Tax Department To Process Application For Exemption Made By NOIDA

The Delhi High Court has directed the income tax dept. to process application for...

Foreign Tax Credit Claim Tallied With Computation: Madras High Court Directs Income Tax Dept. To Reconsider

The Madras High Court has directed the department to reconsider the claim of Foreign...

Latest articles

Visa Facilitation Services Provided Directly To Travellers Not Taxable Under Service Tax As BAS: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal has held...

One-to-One Correlation for Jewellery Discounts is “Impractical”: CESTAT Allows Titan’s Excise Duty Appeal

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

CESTAT Quashes Rs. 6.08 Crore Excise Demand On Ilmenite Concentrates

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

CESTAT Allows CENVAT Credit On GTA, Insurance & Courier Services For FOR Destination Sales

The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...