Mukul guptaJun 25, 20222 minConsideration paid excess than Market Value of Net Tangible Assets is treated as Goodwill: ITATThe Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that consideration paid in excess than market value of net tangible...
Mukul guptaJun 24, 20221 minService Tax is not payable until consideration is received: ITATRead More: https://www.taxscan.in/The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ), in a significant ruling has held that service tax is not payable until...
Mukul guptaJun 24, 20222 minVAT Dealer opting Composition Scheme cannot be subject to Regular Assessment: Telangana HCA division bench of Justice Ujjal Bhuyan and Justice Surepalli Nanda has held that a VAT dealer who has opted for a composition scheme...
Piyush SinglaJun 24, 20222 minEvidence for Verification of Cash Deposit would invalidate Reopening of Assessment u/s 147: ITATThe Income Tax Appellate Tribunal (ITAT), Amritsar bench has held that reopening of assessment u/s 147 of Income Tax Act 1961 would...