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Top 10 Supreme Court Judgements On Income Tax In The Year 2023-2024
1. Supreme Court Declares Section 206C of Income Tax Act Inapplicable to Liquor Vending Rights Transactions : (Excise...

ONUS ON ASSESSEE TO PROVE IDENTITY OF CREDITORS AND THEIR CAPACITY TO...
Author: Khushi J Prajapati The Chhattisgarh High Court ruled that the burden of proof rests on the assessee to...

COST OF EXECUTION WORK FOR ELECTRIC LINES INSTALLATION BORNE BY...
Author: Khushi J Prajapati The Uttar Pradesh Authority for Advance Ruling (AAR) ruled that GST is applicable only on...

5% GST IS APPLICABLE ON ‘MIX MUKHWAS’ AND ‘ROASTED TIL’ AND AJWAIN:...
Author: Khushi J Prajapati The Gujarat Authority of Advance Ruling (AAR) has ruled that 5% GST will be applicable on...

NON-EDIBLE OIL CLASSIFIABLE UNDER HSN 1515: UTTAR PRADESH AAR
Author: Khushi J Prajapati The Uttar Pradesh Authority for Advance Ruling (UP AAR) observed that while HSN code 1515...

Relief To IIT Rorkee: Allahabad High Court Stays Service Charge Demand...
The Allahabad High Court while giving relief to IIT Rorkee stayed the demand worth Rs. 47.06 Crores. Challenge in...

ITAT Quashes Income Tax Reassessment Against Hyundai For Being Time...
The Income Tax Appellate Tribunal, Chennai, quashed the income tax reassessment against Hyundai for being time barred. ...

Notification Extending Period To Pass Order Not In Consonance With...
The Gauhati High Court granted interim protection while stating that the notification extending the period to pass order...

New TDS Section 194T: 10% TDS Applicable On TDS On Salary,...
As of right now, the partnership business is not allowed to deduct tax at source (TDS) from the salary, compensation,...

CBDT Specifying Circumstances For Enquiries/Verification Functions
The Central Board of Direct Taxes has issued order under proviso to Section 144B(5) of the Income Tax Act specifying the...

Loan Repayment Supports The Genuineness Of Transactions; ITAT Deletes...
Author: Khushi J Prajapati The Income Tax Appellate Tribunal (ITAT) Ahmedabad upheld the decision of the Commissioner...

Exchanging Money Without Issuing Invoice Can’t Be An Act Of Attempting...
Author: Khushi J Prajapati The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, ruled that...
