CESTAT Delhi held that rent-a-cab operator [service provider] is not liable to pay service tax in terms of Notification No. 30/2012. Notably, service tax is already discharged by service recipient ...

ITAT Chandigarh held that compensation under a family settlement is liable to be assessed under the head ‘Capital Gain’ and not ‘Income from Other Sources’. Thus, deduction u/s. 54 and 54EC allowed ...

Public/investors are cautioned to verify communication purported to have been issued by SEBI in the above manner from the SEBI website. Investors are advised to be vigilant while dealing with ...

The Madras High Court has invalidated a reassessment notice issued by the Income Tax Department to Asianet Star Communications Private Limited (formerly Asianet Communications Private Limited) for the ...

Delhi High Court held that non-filing of reply as GST SCN uploaded on ‘Additional Notices Tab’ justifiable. Accordingly, matter remanded back to Adjudicating Authority and time granted for filing ...

Gujarat High Court Sets Aside Reassessment Notice Based on Factual Error ...

ITAT Chennai held that waiver of amount of loan, whether principal or interest component, cannot be brought to tax under section 41 (1) of the Income Tax Act. Accordingly, appeal of assessee allowed ...

Once Bail Is Granted, It Cannot Be Cancelled In A Mechanical Manner Unless Supervening Circumstances Justify Such Action: SC ...

State of Bihar & Ors. (CWJC No. 17860 of 2024), the taxpayer, a works contractor for the Government of Bihar, had filed his GSTR-3B return for March 2020 belatedly. The tax officer has confirmed the ...

The Rajasthan High Court recently intervened in a dispute between Molana Construction Company and the Central Goods and Service Tax Department, quashing an order that dismissed the company’s appeal as ...

Madras High Court directs to revoke order cancelling GST registration since non-filing of GST returns within due date was due to Covid-19 pandemic. Hence, since reason provided for non-compliance is ...

Limited operates an SEZ unit in Vishakhapatnam, Andhra Pradesh, primarily engaged in the manufacture of calcined petroleum ...