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Advisory Services Without Transfer of Technical Knowledge Not Taxable as FTS Under India-UAE DTAA: ITAT

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that payments...

Income Tax Dept. Drops S. 272A(1)(d) Penalty Citing Genuine Medical Reasons

The Income Tax Department has dropped penalty proceedings initiated under Section 272A(1)(d), holding that...
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Cenvat Credit Rules Lacks Provision Requiring Reversal Of Cenvat Credit In Absence Of Any Consideration: CESTAT

BackgroundConclusion FAQsIs reversal of Cenvat credit allowable?Case DetailsThe Kolkata Bench of Customs, Excise and Service...

TDS Credit May Be Granted Only When Income Corresponding To TDS Is Assessed To Tax In The Same FY: ITAT

The Income Tax Appellate Tribunal, New Delhi, ruled that TDS credit may be granted...

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Advisory Services Without Transfer of Technical Knowledge Not Taxable as FTS Under India-UAE DTAA: ITAT

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that payments...

Income Tax Dept. Drops S. 272A(1)(d) Penalty Citing Genuine Medical Reasons

The Income Tax Department has dropped penalty proceedings initiated under Section 272A(1)(d), holding that...

GST Notifications Can’t Go Beyond GST Council Recommendations: Madras High Court Quashes SCN on Branded Pulses

The Madurai Bench of the Madras High Court has held that statutory notifications issued...

Entire Bogus Purchase Addition Unsustainable When Sales Are Accepted; ITAT Restricts Addition to 8% Profit Element

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that where...