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Income Tax - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Dismissal of appeal filed by the Revenue - non obtaining ...

Income Tax

May 1, 2020

Dismissal of appeal filed by the Revenue - non obtaining approval of the committee on dispute constituted by the Central Govt. - Matter restored before the ITAT to hear the appeal on merit.

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  2. Payment of managerial remuneration in excess of prescribed limits - requirement of obtaining approval of Central Government done away with, subject to special resolution...

  3. Disallwance u/s 37 - consideration paid without obtaining prior approval of the Central Government in accordance with the provisions of section 297 of the Companies Act,...

  4. Govt. Exempts a person making inter-State taxable supplies of handicraft goods from the requirement to obtain registration - But e-way bill will be required.

  5. Non obtaining of Central Excise registration on reaching full exemption limit of Rs. One Crore -Penalty confirmed - AT

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  8. Demand of central excise duty - non-submission of proof of export before the jurisdictional Central Excise Authorities - matter remanded back for fresh decision - AT

  9. There is constant non-appearance of the appellant before this Tribunal - appeal is liable for dismissal for non-prosecution under Rule 20 of CESTAT (Procedure) Rules, 1982 - AT

  10. Govt extends ITR filing deadline to August 5

 

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