No service tax on services provided under Deen Dayal Upadhyaya Grameen Kaushalya Yojana by way of training/courses which are certified by National Council for Vocational Training MINISTRY OF FINANCE (Department of Revenue) (CENTAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 1/2019-Service Tax New Delhi, the 6th March, 2019 …

Cash deposits in bank can be explained as out of gross receipts u/s 44AD from contract business. ITAT deleted addition made on the basis of peak cash credit ABCAUS Case Law Citation: ABCAUS 2818 (2019) (03) ITAT The assessee had challenged the order of the CIT (Appeals) in …

Eligibility of Exports from SEZ/EOU units on behalf of DTA units under Merchandise Exports from India Scheme. Either EOU/SEZ or DTA unit can claim benefits Government of India Department of Commerce Directorate General of Foreign Trade Udyog Bhavan, New Delhi Policy 3 Division Policy Circular No.  20/2015-2020 Dated: …

Exemption u/s 54F for plot in the name of HUF allowed by ITAT following High Court judgment as members of HUF were not stranger and money was contributed by assessee. ABCAUS Case Law Citation: ABCAUS 2817 (2019) (03) ITAT Important Case Laws Cited/relied upon by the parties CIT …

Addition for inadequate drawings deleted as the assessee was vegetarians and non alcohol, residing at small town with no luxurious life such as Health Clubs, star hotels etc. ABCAUS Case Law Citation: ABCAUS 2816 (2019) (03) ITAT The Revenue had filed the instant appeal against the order of …

It is not uncommon for a lady who is on her own to have cash for emergencies. ITAT upholds the deletion of addition for cash found during search ABCAUS Case Law Citation: ABCAUS 2815 (2019) (03) ITAT The Revenue had filed the instant appeal against the order of …