Judgement

The Advance Ruling Authority of Goa was approached by M/s Pon Pure Chemical India Pvt. Ltd. seeking clarification on whether compensation received from transporters for transit-related issues would be treated as a supply of services under GST.

AAR Holds Compensation Received for Losses from Transporters as Non-Taxable Liquidated Damages

News

The CGST and Central Excise Commissionerate reduced the penalty from Rs 36.14 crore to Rs 7.57 crore levied on Tata Teleservices (Maharashtra) over irregular or ineligible CENVAT credit availment.

GST Dept Reduces Penalty Imposed on Tata Teleservices (Maharashtra) from Rs 36.14 Crore to Rs 7.57 Crore

The ITAT holds that delayed filing of Forms 10 and 10B cannot defeat genuine Section 11 exemption claims.

ITAT Allows FSSAI's Section 11 Exemption Claim, Directs AO to Recompute Income After Verification

The ITAT deleted a Rs 75.22 lakh addition, holding that an unverified Excel sheet without corroborative evidence cannot establish a cash property transaction.

ITAT Deletes Rs 75.22 Lakh Addition, Says Unverified Excel Sheet Cannot Prove Cash Property Deal

ITAT quashed the assessment as the AO exceeded the limited scrutiny scope and ignored a valid revised return.

ITAT Quashes Assessment for Exceeding Limited Scrutiny Scope and Ignoring Revised Return

Articles

Discover why playgroups in Hyderabad are becoming the preferred first step in early childhood education, helping young children build confidence, social skills, independence, and a smooth transition to play school.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

AAR Holds Compensation Received for Losses from Transporters as Non-Taxable Liquidated Damages

GST Dept Reduces Penalty Imposed on Tata Teleservices (Maharashtra) from Rs 36.14 Crore to Rs 7.57 Crore

ITAT Allows FSSAI's Section 11 Exemption Claim, Directs AO to Recompute Income After Verification

ITAT Deletes Rs 75.22 Lakh Addition, Says Unverified Excel Sheet Cannot Prove Cash Property Deal

ITAT Quashes Assessment for Exceeding Limited Scrutiny Scope and Ignoring Revised Return

Why Playgroups in Hyderabad Are Becoming an Important First Step in the Play School Journey in India