Delhi High Court: Section 85(1) of the MSCS Act to Govern Arbitration Between Co-op Society and Member & Not Limitation Act The Delhi High Court coram comprising of Justices Rajiv Shakdher and...
ITAT Rules: Receipts from Sale of Software Licenses with Support Services is Not Royalty The Income Tax Appellate Tribunal (ITAT) by its division-member bench comprising of Beena Pillai (Judicial...
ITAT: Unreasonable Rise in Price of Shares of ‘Penny Stock Companies’ Must be Proved Genuine to Claim Exemption under Income Tax Act The Income Tax Appellate Tribunal (ITAT), by its two-member...
Supreme Court: User Development Fee Collected by Airports Not Subject to Service Tax The Supreme Court while adjudicating an appeal filed by the Revenue upheld the order passed by the Customs,...
CBDT: TDS Shall not be Levied on Interest Below Rs. 40,000 Earned from Mahila Samman Certificate The Ministry of Finance by its Department of Revenue- Central Board of Direct Taxes (CBDT) has...
Supreme Court Rules Bitumen Not Covered Under ‘Other Valuable Article’ as per Section 69A of Income Tax Act The Supreme Court delivered a landmark judgment on the interpretation of Section 69A of...
Supreme Court: Warranty Replacement by Dealer Against Credit Note Issued by Manufacturer is Exigible to Sales Tax The Supreme Court has ruled that a credit note issued by a manufacturer to a dealer...
CESTAT: Department Should not have Invoked the Extended Time Period for Demanding Service Tax The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Ahmedabad, by its single member C.L....
CESTAT: Refund Cannot be Denied to Any Person Who Has Borne the Incidence of Tax The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Delhi, by its division member bench comprising of...
ITAT: Sharp Rise in Price of Script Cannot be Sole Criterion to Conclude that Price was Rigged to Generate Short-Term Capital Gain The Income Tax Appellate Tribunal (ITAT), Ahmedabad, by its division...
ITAT: Writing Off Bad Debts in Books of Accounts is Sufficient for Claiming Deduction The Income Tax Appellate Tribunal (ITAT), Ahmedabad, by its division member bench comprising of T.R. Senthil...
ITAT BCCI Not Liable to Deduct Tax: Payment of Compensation to CSA Under Termination Agreement Is Not Taxable Under India-South Africa DTAA The Income Tax Appellate Tribunal (ITAT), Mumbai, by its...
