Compensation awarded for Property acquired for Bullet Train project not taxable: Bombay HC
Compensation or income received by certain land-owners on account of the property acquired by the National Hi-Speed Rail Corporation Ltd…
Category: Judgment-Orders
IT Services provided by Assessee to Associate Company in USA amounts to Export of Service: CESTAT
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) consisting of Ramesh Nair (Judicial Member) and…
Commissioner can’t allow deposit of Interest Payment in instalments: Orissa HC
The Orissa High Court bench of Justices Jawant Singh and Murahari Sri Raman has held that the Commissioner of CT…
No Limitation applicable for Refund amount lying with Dept. having the Nature of Revenue Deposit: CESTAT
The Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) consisting of Anil Choudhary (Judicial Member) has…
No reason to believe that ITC is fraudulently availed: Punjab & Haryana HC
The Punjab and Haryana High Court bench of Justices Tejinder Singh Dhindsa and Pankaj Jain has held that there should…
Export entitlements and Duty Drawback of Promotion Scheme is an income assessable under “Profits or Gains from Business or Profession”: ITAT
The Visakhapatnam Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the export entitlements and the duty drawback…
Tuition fee is Taxable only when a Corresponding Service is rendered by the Educational Institution: Hyderabad ITAT
The Hyderabad Bench of ITAT has ruled that the tuition fee collected in advance is not taxable in the year of receipt…
Delhi HC quashes reassessment order issued without considering the reply filed by the assesse
The Delhi High Court, consisting of Justice Manmohan and Justice Manmeet Preetam Singh Arora, has quashed the reassessment order issued…
ITAT Deletes Penalty for Delay In Filing Audit Reports Due To The Hospitalisation Of Accountant
Facts and Issue of the case This appeal preferred by the assessee emanates from order of the ld. Commissioner of…
Gift Received From HUF By A Member Of HUF is Exempt From Tax: ITAT Mumbai
In the case of DCIT vs. Ateev V. Gala, ITAT Mumbai has held that: From a plain reading of section…