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Aborted IPO Expenses

Re-Transportation of Machinery for Testing Is Not ‘Supply’; Only E-Way Bill Penalty Applicable, GST Demand Unsustainable: Karnataka HC

The Karnataka High Court has held that the re-transportation of machinery to the original...

CBIC Discontinues Manual Documentation for Duty-Free Imported Containers to Boost Ease of Doing Business

The Central Board of Indirect Taxes and Customs (CBIC) has discontinued the requirement for...
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Re-Transportation of Machinery for Testing Is Not ‘Supply’; Only E-Way Bill Penalty Applicable, GST Demand Unsustainable: Karnataka HC

The Karnataka High Court has held that the re-transportation of machinery to the original...

CBIC Discontinues Manual Documentation for Duty-Free Imported Containers to Boost Ease of Doing Business

The Central Board of Indirect Taxes and Customs (CBIC) has discontinued the requirement for...

AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash...