A recent advance ruling issued by the Karnataka Authority for Advance Ruling covers multiple frequently asked questions and thereby assumes significance. The ruling is issued in Order No. KAR ADRG 30/20/04.05.2020 in a case where Mr. Anil

The Delhi High Court granted anticipatory bail to a Chartered Accountant ( CA ) and observed that the allegation of forged Form 15CA/CB Certificate does not amount to a Money Laundering Offence. The applicant filed

This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Waiver of Loan is Not Business Income, Not Taxable u/s 28(i) of IncomeTax Act: ITAT The Jt. Commissioner of Income

A GIST of GST Updates: This article summarizes all the GST developments which have been announced in the past four weeks for easy and quick reading of the professionals. The updates have been arranged in

This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from March 26 to April 02, 2023. Waiver of Loan is Not

Nobody has any doubt as to whether selling land does attract any tax under the Goods and Services Tax Law. GST is not applicable to the sale of land because it is neither treated as supply of goods nor the

Profits or gains arising from the transfer of an immovable property, held as a capital asset, are taxed under the head "Capital Gains”. The incidence of tax on Capital Gains depends upon the period for

The Income Tax Bar, Jalandhar, Punjab has submitted a Pre-Budget Memorandum to the Union Finance Minister, addressing major concerns among stakeholders, professionals and taxpayers with respect to the anticipations of Budget 2024. The representation reads

This weekly summary analyses the major Income Tax Appellate Tribunal (ITAT) stories that were covered by Taxscan.in the week before, from April 16th to April 22n, 2023. The ITAT was established in 1941 and has

The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman tabled the Economic Survey 2018-19 in the Parliament today. The Key Highlights of Economic Survey 2018-19 are as follows: Shifting gears: Private Investment as the

Profits or gains arising from the transfer of an immovable property, held as a capital asset, are taxed under the head "Capital Gains”. The incidence of tax on Capital Gains depends upon the period for

This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from July 1 to July 8, 2022 M/s. AVIS Hospitals India Limited

The Insolvency and Bankruptcy Board of India ( IBBI ) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies ( IPA ), Insolvency Professionals (IP) and Information Utilities (IU) in India.

This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at taxscan.in, from February 10, 2024 to  February 16, 2024. Premium Amount Received cannot

This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in Construction of Complex by Cooperative Housing Society to its Members is not Liable to Service Tax: CESTAT (Shantanu Co Operative