Clipped from: https://www.taxscan.in/incorrect-service-tax-demand-based-on-tds-amount-cestat-quashes-demand-for-inflated-taxable-value/501828/ The Chennai Bench of Customs,Excise and Service Tax Appellate Tribunal(CESTAT)quashed the service tax demand made on the assessee, ruling that the taxable value had been inflated by
@ITAT Rules Step-Siblings Are ‘Relative’, Gift Received Not Taxable u/s 56(2) of Income Tax
Clipped from: https://www.taxscan.in/step-siblings-included-in-relative-definition-gift-received-not-taxable-u-s-of-income-tax-itat/501493/ The ITAT held that a gift received from a step-sister qualifies as exempt under Section 56(2)(vii) of the Income Tax Act, recognizing step-siblings
*******CESTAT Quashes Incorrect Service Tax Demand Due to TDS Amount Inflating Taxable Value
Clipped from: https://www.taxscan.in/incorrect-service-tax-demand-based-on-tds-amount-cestat-quashes-demand-for-inflated-taxable-value/501828/ It observed that TDS was deducted from the amount paid to the appellant, making the paid amount the actual gross amount By Sneha Sukumaran
*******Sending Notices Merely by Mail is Denial of Hearing Opportunity: ITAT Bangalore
Clipped from: https://taxguru.in/income-tax/sending-notices-mail-denial-hearing-opportunity-itat-bangalore.html Heggur Nanjundappa Vishwanath Vs ITO (ITAT Bangalore) In the case of Heggur Nanjundappa Vishwanath Vs The Income Tax Officer, Circle – 7(1)(1), Bengaluru,