13 December 2021

Search Results for Tag : Exemption


Location of manufacture not bonded to quality and type of concrete(06.10.2015)

The Supreme Court ruled that a manufacturer of concrete mix, manufacturing it for captive consumption cannot claim exemption from excise duty on the b.....

Tags : Concrete, excise, exemption, preparation


Disclosure of bank’s business dissuades “window-dressing”, in public interest(28.06.2016)

“Any action that results in dissuading commercial entities from indulging in practices such as window-dressing would be in larger public interest”, th.....

Tags : rti, exemption, bank, business mix, public interest


Purpose of import can be gathered from actual use, Supreme Court held that, Show cause notice not time barred as issued soon after the information gathered(08.08.2016)

As soon as information was gathered by DRI, show cause notice was issued. Therefore, Supreme Court opined that, show cause notice had been issued with.....

Tags : Notifications, Exemptions, Entitlement


Packing materials are not raw materials, component parts or inputs used in manufacture of finished goods and are separately defined under enactment.(02.09.2016)

Appellant is a public limited company having a tea manufacturing unit at Dharwad and various other units which also manufacture tea. It is claimed tha.....

Tags : Notification, Exemption, Packing materials


There should be a finality attached to the issue once it stands decided by the higher Courts on merits(05.12.2016)

Appellant was Ruler of the princely State of Kota. He owned extensive properties which, included two residential palaces known as "Umed Bhawan Palace".....

Tags : Levy, exemption, Entitlement


State Governments have power to levy sales tax on value of material in execution of the works contract(28.08.2017)

In facts of present case, in the year 1954, the State Government of Rajasthan enacted Rajasthan Sales Tax Act in order to tax the sales and purchase o.....

Tags : Works contract, Exemption, Entitlement


Burden was strictly on Assessee to establish its entitlement to scheme of exemption(22.11.2018)

The present revision has been filed by the Assessee against the order passed by Tribunal. Tribunal had rejected Assessee's appeal claiming exemption u.....

Tags : Exemption, Denial, Validity


Railway administration is not liable to pay compensation, if passenger dies or suffers injury due to- suicide or attempted to suicide by him or self-inflicted injury(21.11.2018)

The Applicant has filed present claim petition under Section 16 of the Railway Claims Tribunal Act, 1987 seeking compensation for an amount of Rs. 4,0.....

Tags : Compensation, Payment, Exemption


Where there is an exclusionary Clause in an insurance policy, burden lies on insurer to establish that exclusion is attracted(07.12.2018)

Present appeals arise from a judgment of a Division Bench of the High Court. The High Court has affirmed the decision of the Commission by which an in.....

Tags : Insurer, Liability, Exemption


Assessee seeking benefit of exemption must always prove its admissibility(21.12.2018)

The facts as revealed from the order passed by the Tribunal, are that with a view to avail exemption from payment of Central Excise under the Notifica.....

Tags : Exemption, Denial, Validity


Once it is held that power bank is also a kind of mobile charger, benefit of Notification will be available(14.01.2019)

In facts of the present case, the Respondent assessee was engaged in the manufacture of power bank/portable mobile charger out of imported components......

Tags : Classification, Exemption, Entitlement


No specific exemption is codified which allowed non-disclosure of information on basis that the matter on which information is sought is sub-judice(30.05.2019)

In facts of present case, the CPIO, vide its letter stated that as per the advice of the CVC, a prosecution sanction order issued against the Appellan.....

Tags : Information, Disclosure, Exemption


Control by Government authorities requires managerial control on day to day functioning of such society in order to claim exemption provided for purchase of hospital equipment(03.06.2019)

Rejection of Appellant's claim for exemption of customs duty under Notification No. 63/88-Cus against purchase of hospital equipment (C.T. Scanner) by.....

Tags : Notification, Exemption, Entitlement


If a Court is satisfied that, personal attendance of an Accused before it need not be insisted on, then Court has power to dispense with attendance of Accused(16.12.2019)

In facts of present case, the Appellant submitted an application before the learned Trial Court under Section 205 of the Code of Criminal Procedure, 1.....

Tags : Appearance, Exemption, Entitlement


Land used for quarrying is not covered by term ‘commercial site’ and therefore not exempted from applicability of Kerala Land Reforms Act(30.09.2019)

The width and amplitude of the expression 'commercial site' in Section 2(5) and Section 81(1)(q) of the Kerala Land Reforms Act, 1963, falls for consi.....

Tags : Quarrying purposes, Exemption, Entitlement


In a case of theft of a vehicle given for valet parking, hotel cannot claim exemption from liability on basis that they are protected by an ‘owner’s risk’ clause(14.11.2019)

In the facts of present case, on the night of 1st August, 1998, Respondent No. 2 herein (Complainant No. 2) visited the Appellant-hotel in his Maruti .....

Tags : Theft, Liability, Exemption


It is within the exclusive domain of the State Legislature to legislate as to whose services to be included into the essential services(10.07.2020)

The Writ Petition has been filed under Article 226 of the Constitution of India, 1950 read with Section 482 of Criminal Procedure Code, 1973 (CrPC) se.....

Tags : Restrictions, Lockdown, Exemption


An MSE ought to be registered with the Appropriate Authority for claiming exemption from EMD and Tender Fee(25.08.2020)

The instant writ petition has been filed by the Petitioner under Article 226 of the Constitution of India, 1950 for issuance of a writ of mandamus, di.....

Tags : Tender, Exemption, Fees


If the Assessee has mistakenly included any amount which is exempted from the payment of Income-tax, Revenue is under obligation to grant the refund of tax paid in excess by him(21.09.2020)

In facts of present case, the Assessee is a company, deriving income from agricultural activities and earning from investments. For the assessment yea.....

Tags : Additions, Exemption, Direction


If an assessee invests full consideration from sale of original asset for purchasing or constructing another residential house, then assessee is entitled for 100% exemption from capital gain tax(18.01.2021)

Present appeal filed by the Revenue is directed against order of the learned Commissioner of Income Tax (Appeals). The learned CIT(A) held that, asses.....

Tags : Assessment, Exemption, Legality


To avail benefit under Section 54 of IT Act, unutilized portion of capital gains has to be deposited by assessee in capital gain account scheme before due date of filing of return of income(23.12.2020)

Present appeal filed by the assessee is directed against order of the learned Commissioner of Income Tax (Appeals) [CIT(A)]. The assessee argued that,.....

Tags : Assessment, Exemption, Entitlement


Exemption under Sections 11 and 12 of the IT Act is available as Assessee is not engaged in trade, commerce and business and its dominant and prime objective is charitable in nature(24.09.2021)

In present matter, Assessee being a society registered under Societies Registration Act is also granted registration under section 12A of the Income-t.....

Tags : Assessment, Exemption, Entitlement


Notifications & Circulars

Applicability of Central Excise exemption on Ethanol/ Methanol blended Petrol, and high-speed diesel blended with bio-diesel, when blending is done within the refinery(22.06.2021)

1. References have been received seeking clarification on applicability of exemption from Basic Excise duty and other cesses, under different notifica.....

Tags : Applicability, Exemption, Ethanol


Exemption from the provisions of sections 387 to 392 Companies Act, 2013 to the specified companies(05.08.2021)

In exercise of the powers conferred by section 393A of the Companies Act, 2013 (18 of 2013), the Central Government hereby exempts, from the provision.....

Tags : Exemption, Provisions, Specified companies


Exemption of manufacturing unit engaged in the manufacture or production of Petroleum Crude from the operation of Central Excise Rules, 2017(10.11.2021)

In exercise of the powers conferred by sub-rule (2) of rule 9 of the Central Excise Rules, 2017, the Central Board of Indirect Taxes and Customs hereb.....

Tags : Exemption, Manufacturing, Excise Rules, 2017


Exemption of 20% ethanol blended petrol that is a blend(01.02.2021)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 112 of the Finance.....

Tags : Exemption, Ethanol Blended Petrol


Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees(29.10.2020)

In view of the COVID-19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, as also the need for obs.....

Tags : Exemption, Payment, LTC fare


Exemption for India's food stock holding from WTO subsidy rules(17.07.2019)

The decision taken by the General Council of the World Trade Organization (WTO), in November 2014, makes it clear that the mechanism, under which WTO .....

Tags : Exemption, Food stock, WTO subsidy rules


Cabinet approves Exemption from applicability of DPE Guidelines to India Ports Global Limited(26.02.2020)

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the exemption of the India Ports Global Ltd. (IPGL) from the DPE Gui.....

Tags : Exemption, Applicability, DPE Guidelines


Exemption of a Banking Company from the application of the provisions of Sections 5 and 6 of the Competition Act, 2002(11.03.2020)

In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government hereby exempts a Ban.....

Tags : Exemption, Banking Company, Application, Provisions


States briefed on lockdown measures and guidelines including exemptions to contain the COVID-19 Epidemic in the country(24.03.2020)

The National Disaster Management Authority (NDMA), chaired by the Prime Minister Shri Narendra Modi, in exercise of the powers under the National Disa.....

Tags : Lockdown, Measures, Exemptions


Incentivising bank credit to specific sectors - Exemption from CRR maintenance(10.02.2020)

It has been announced in paragraph 3 of the Statement on Developmental and Regulatory Policies of February 6, 2020, that the Reserve Bank is actively .....

Tags : Bank credit, Exemption, CRR Maintenance


CBDT notifies transactions for which the condition of chargeability to STT for claiming exemption under Section 10(38) of the Income Tax Act, 1961 shall not apply(06.06.2017)

Section 10(38) of the Income-tax Act, 1961 ('the Act'), prior to its amendment by Finance Act, 2017 provided that the income arising by way of a trans.....

Tags : Transaction, Exemption, Claim


GST exemption for products used by differently abled people(18.07.2017)

Specified assistive devices, rehabilitation aids and other goods for differently abled people attract the lowest (non-Nil) GST rate of 5%. Most of the.....

Tags : Exemption, Products, Differently abled


Exemption of service and disability element of disability pension granted to disabled personnel who have been invalided on account of disability attributable to or aggravated by such service(24.06.2019)

Under the existing provisions of clause (l) of sub section 2 of section 297 of the Income-tax Act, 1961 ('Act') any notification issued under sub sect.....

Tags : Exemption, Pension, Disabled personnel


Amendments to Foreign Trade Policy 2015-2020 - Extension of Integrated Goods and Service Tax and Compensation Cess exemption under Advance Authorisation, EPCG and EOU scheme upto 31.03.2020(20.03.2019)

In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time.....

Tags : Policy, Amendment, Exemption


Exemption of intra state supply of heavy water and nuclear fuels falling in Chapter 28 of the First Schedule to the Customs Tariff Act, 1975 from the whole of central tax(21.09.2017)

In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Governm.....

Tags : Exemption, Heavy water, Supply


Persons exempted from obtaining registration under Central Goods and Services Tax Act, 2017(15.11.2017)

In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this n.....

Tags : Services, Supply, Exemption


Exemption of all cases of combinations under Section 5 of the Competition Act, 2002 involving the Central Public Sector Enterprises operating in the Oil and Gas Sectors(22.11.2017)

In exercise of the powers conferred by clause (a) of Section 54 of the Competition Act, 2002 (12 of 2003) (herein after referred to as the Act), the C.....

Tags : Exemption, CPSEs, Oil and Gas Sectors


Cruise tourists arriving with e-visa exempted from the requirement of biometric enrolment(02.01.2018)

In order to promote cruise tourism in the country, and make India an attractive cruise tourist destination, the Ministry of Home Affairs has, on reque.....

Tags : Cruise tourists, E-visa, Exemption


Exemption of goods specified in the first schedule of the Customs Tariff Act, 1975 from Education Cess leviable under Finance Act, 2004(02.02.2018)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with section 94 of the Finance (No. 2.....

Tags : Exemption, Goods, Customs Tariff


Visa Exemption to Foreign Designers in Handicrafts Sector(26.06.2018)

Handicrafts sector has been exempted from minimum salary condition (Rs. 16.25 lakhs per annum) for grant of employment visa to foreign designers for a.....

Tags : Visa, Exemption, Foreign Designers


Exemption of goods falling under First Schedule to Customs Tariff Act, 1975 when imported into India as donation for the relief and rehabilitation of the people affected by the floods in Kerala(21.08.2018)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied th.....

Tags : Exemption, Goods, Floods, Kerala


Exemption to Interest Income on Specified Off-shore Rupee Denominated Bonds(17.09.2018)

Interest payable by an Indian company or a business trust to a non-resident, including a foreign company, in respect of rupee denominated bond issued .....

Tags : Interest Income, Denominated Bonds Exemption


Clarification regarding scope of Notification No. 25/2012-Service Tax dated 20.06.2012, Sl. No. 5(a)(06.09.2016)

Said notification exempts services by way of renting of precincts of a religious place meant for general public. 'Religious Place' has been defined in.....

Tags : Notification, Exemption, Scope


Point of Sale (POS) Devices and Goods required for their manufacture exempted from Central Excise Duty till March 31, 2017(29.11.2016)

The Government has demonetised the currency notes of Rs 500 and Rs 1,000 with effect from mid-night of 8th-9th November, 2016. Along with this, the Go.....

Tags : Exemption, Sale, Goods


Amendment in notification No.25/2012-Service Tax, dated the 20th June, 2012(12.01.2017)

In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government being satisfied tha.....

Tags : Notification, Amendment, Exemption, Applicability


Exemption from Drawal of Samples for the Purpose of Grant of Drawback to the AEO Certificate Holders(28.02.2017)

I am directed to invite your attention to Circular No. 34/95-Cus dated 06.04.1995 prescribing the monetary limits and frequency of drawal of sample fo.....

Tags : Exemption, Samples, Drawl


Ministry of Corporate Affairs issues fresh notifications wherein, the Central Government intends to provide clarity on the applicability of the threshold exemption limits to all forms of combinations(30.03.2017)

The Ministry of Corporate Affairs (MCA) has undertaken a major reform in the regulation of combinations under the Competition Act, bringing India in l.....

Tags : Exemption limits, Notifications, Clarity


Exemption from application of quantitative ceiling and export bans and enhancement of quantitative ceiling(19.04.2017)

In exercise of the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with para.....

Tags : Exemption, Ceiling, Export


Exemption from drawal of samples for the purpose of grant of drawback to the AEO certificate holders(29.05.2017)

I am directed to invite your attention to Circular No. 5/2017-Cus dated 28.2.2017, wherein exporters who have been accorded Authorized Economic Operat.....

Tags : Exemption, Drawl, Samples


Services provided to the Government, a local authority or a governmental authority with regard to water supply(22.08.2016)

It has been reported to the Board that in some cases contractors providing service of construction of tube wells for Government have been considered t.....

Tags : Contractors, Construction service, Government, Exemptions


Scope of 'site' enlarged for exemption from excise(06.07.2016)

The Ministry of Finance enlarged the scope of the word ‘site’ in its excise exemption notification.

By an earlier notification, the Minist.....

Tags : excise, construction, site, exemption


Amendments to Notification No. 12/2012- Customs(12.08.2015)

The Government made changes to Serial entries 329A, 330 and 334 and added Serial Number 333A and 333B.

Tags : customs, amendment, exemption


Clarification on approval and claim of exemption by universities and educational institutions(17.08.2015)

The Central Board of Direct Taxation notified clarifications to Section 10(23C)(vi) of the Income Tax Act, 1961, which prescribes conditions for tax e.....

Tags : Tax, exemption, universities



Government Announces Labour Law Exemption for Startups Up to 3 Years(10.03.2016)

Government has announced that Start-ups have been exempted from nine labour laws for a period of three years to promote and incentivise the entreprene.....

Tags : Government, Start-ups , Labour Law Exemption


CBDT: Bonds Issued by ‘Power Finance Corporation Ltd’ Are Eligible for Capital Gain Exemption(12.06.2017)

Central Board of Direct Taxes (CBDT) has notified that Capital Gain exemption under section 54EC of Income Tax Act is applicable to bonds issued by Po.....

Tags : Central Board of Direct Taxes, Capital Gain Exemption


Supreme Court Rejects Plea Seeking 'No Tax Exemption' For Political Parties(11.01.2017)

Supreme Court has rejected a petition seeking to quash Section 13(a) of Income Tax Act which confers tax exemption to political parties for income fro.....

Tags : Supreme Court, Political Parties, Tax Exemption


GST: Government Exempts Skimmed Milk Powder or Concentrated Milk(26.09.2017)

Central Government has exempted skimmed milk powder or concentrated milk from the ambit of Goods and Services Tax (GST) regime.

Tags : Goods and Services Tax, Exemption, skimmed milk powder, concentrated milk


ITAT Bengaluru: Cost Incurred on Alteration/Renovation on Purchased Unit is Eligible for Capital Gain(26.09.2017)

A Division bench of ITAT Bengaluru has held that the benefit of Section 54F of the Income Tax Act, 1961 can be extended to the cost incurred by the as.....

Tags : ITAT Bengaluru, Exemption, Capital Gain


Government Exempts Receipts from FIFA Under-17 Football World Cup from Income Tax Net(28.09.2017)

Central Government has notified income tax relief to FIFA under-17 Football World Cup which will run from October 6 to 28 by exempted the World Cup as.....

Tags : FIFA Under-17 Football World Cup, Tax Exemption


Acquisition of Tenancy Right Not Eligible for Capital Gain Exemption: ITAT(01.05.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the acquisition of the tenancy rights would not amount to purchase or construction of a new.....

Tags : ITAT, Acquisition of Tenancy Right, Capital Gain Exemption


ITAT: Non-Filing of Income Tax Return Cannot be a Ground to Deny Capital Gain Exemption(21.05.2019)

ITAT Bangalore has observed that the benefit of the capital gain exemption cannot be denied to a taxpayer on the ground that the income tax return is .....

Tags : ITAT, Exemption


Wife to Get Tax Exemption Even if Investment Made in Joint Name of Husband: ITAT(18.12.2018)

Income Tax Appellate Tribunal has ruled that assessee wife can claim exemption from tax liability under Section 54F of the Income Tax Act and observe.....

Tags : ITAT, Wife to Get Tax Exemption


ITAT Delhi: Tax Exemption Cannot be Denied Merely Because One Donation in One Year is Doubtful(01.07.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that the income tax exemption cannot be denied to a Trust merely because one donation in one yea.....

Tags : ITAT Delhi, Tax Exemption


ITAT Delhi: Availability of Capital Gain Exemption to More Than One House if HUF Property Sold(18.06.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has noted that the capital gain exemption under Section 54 of the Income Tax Act, 1961 should be given to m.....

Tags : ITAT Delhi, Capital Gain Exemption


ITAT Cochin: Compulsory Acquisition of Urban Agricultural Land Entitled for Tax Exemption(19.06.2019)

Income Tax Appellate Tribunal (ITAT) Cochin has noted that the compulsory acquisition of the urban agricultural land is eligible for tax exemption und.....

Tags : ITAT Cochin, Exemption


ITAT Chennai: Capital Gain Exemption Not Allowable Merely Due to Agreement Without Payment Evidence(20.06.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has observed that the exemption under Section 54F of the Income Tax Act, 1961 (Act) is allowable merely .....

Tags : ITAT Chennai, Capital Gain Exemption


ITAT Mumbai: Exemption Cannot be Refused to Education Trust Since it Provided Some Facilities(28.06.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai has noted that the exemption under the Income Tax Act, 1961 cannot be denied to an education trust merely.....

Tags : ITAT Mumbai, Exemption


Authority for Advance Rulings Denies Tax Exemption Under India-Mauritius Treaty(28.02.2020)

Authority for Advance Ruling has denied any benefit of the India-Mauritius tax treaty under which the applicable rates are a bit lower. The Authority .....

Tags : Authority for Advance Ruling, Tax Exemption Under India-Mauritius Treaty


Delhi High Court: Exemption can be Claimed by Assessee for Organising Spiritual Lectures(05.12.2019)

Delhi High Court has ruled that the religious institutions are also engaged in charitable activities which are very much part of religious activities .....

Tags : Delhi High Court, Exemption


Gujarat HC: Cricket Association Eligible for Tax Exemption for Income from International Matches(15.01.2020)

Gujarat High Court has upheld the order by the Income Tax Appellate Tribunal that Baroda Cricket Association engaging in international matches does no.....

Tags : Gujarat High Court, Tax Exemption, Cricket Association


ITAT Delhi: Exemption to Agricultural Lands Bought not for Business Purposes Allowed(17.01.2020)

Income Tax Appellate Tribunal, Delhi has allowed exemption on agricultural lands bought without an intention to purchase the land for any business pur.....

Tags : Income Tax Appellate Tribunal, Exemption on Agricultural Lands


Madras HC Denies Exemption Benefit on Imports Made Prior to Registration Under Customs Rules(28.01.2020)

Madras High Court has denied the exemption benefit on imports made before the registration under Rules 3 and 4 of the Customs (Import of Goods at Conc.....

Tags : Madras High Court, Exemption Benefit, Custom Rules


ITAT Kolkata Allows Exemption: ‘Performance Bonus’ Cannot be Treated as Salary(06.02.2020)

Income Tax Appellate Tribunal (ITAT), Kolkata while relying upon the precedent held that ‘performance bonus’ does not constitute a part of ‘salary’ an.....

Tags : ITAT Kolkata, Exemption


AAR, Maharashtra: No Exemption on TDR or FSI for Construction of Commercial Apartments(12.02.2020)

Authority for Advance Ruling (AAR), Maharashtra has held that Goods and Services Tax (GST) shall be levied on the sale of Transferable Development Rig.....

Tags : Authority for Advance Ruling, Exemption on TDR or FSI


Madras HC Dismisses Plea Against Exemption Granted to Print Media(13.04.2020)

Madras High Court has dismissed a Petition filed against exemption granted to the print media from the nationwide lockdown, holding that "mere apprehe.....

Tags : Madras High Court, Exemption Granted to Print Media


SC: Exemption Clauses in Insurance Contracts to be Construed Against Insurer in Case of Doubt(16.04.2020)

Supreme Court has stated that the exemption of liability clauses in insurance contracts are to be construed against the insurance company in case of a.....

Tags : SC, Exemption Clauses


Ministry of Home Affairs: Shops Selling Fans, Education Books can Open(22.04.2020)

Ministry of Home Affairs has allowed shops selling electric fans to reopen, revising its guidelines on ‘exempted category’. The Ministry has also allo.....

Tags : Ministry of Home Affairs, Exemptions


Kerala HC Asks Centre About Exemption for Advocates Offices to Ensure 'Access to Justice'(22.04.2020)

Kerala High Court has sought to know from the Central Government if it was possible to grant relaxations for advocates from the lockdown, expressing t.....

Tags : Kerala High Court, Exemption for Advocates Office


SC Dismisses PIL Seeking GST Exemption for Face Masks & Sanitizers(22.04.2020)

Supreme Court has dismissed a Public Interest Litigation seeking exemption for face masks and hand sanitizers from Goods and Services Tax.

Tags : Supreme Court, GST Exemption for Face Masks & Sanitizers


Madras HC Issues Notice to Centre on PIL for GST Exemption for Masks and Sanitisers(29.04.2020)

Madras High Court has issued notice to the Union government on a Public Interest Litigation seeking removal of the 18% Goods and Services Tax on sanit.....

Tags : Madras High Court, Masks and Sanitisers, Exemption


CESTAT, New Delhi: Area Based Exemption is Available to New Unit(24.03.2020)

Customs Excise and Services Tax Appellate Tribunal, New Delhi has held that area based exemption under Central Excise Rules, 2002 is available where t.....

Tags : Customs, Excise and Service Tax Appellate Tribunal, Area Based Exemption


ITAT, Jaipur: Exemption u/s 11 and 12 Allowable on Donation by Charitable Trust(01.12.2020)

Income Tax Appellate Tribunal (ITAT), Jaipur has given relief to Rajasthan Cricket Association and held that the exemption under Section 11 and 12 of .....

Tags : Income Tax Appellate Tribunal, Exemptions on Donations by Charitable Trust


Orissa HC: Lawyers Exempted from Paying GST/Service Tax, Demand Notices Not to be Issued(09.04.2021)

Orissa High Court has directed the Commissioner, Goods and Services Tax to issue clear instructions to all the officers in the GST Commission rates in.....

Tags : Orissa High Court, Exemption from Paying GST/Service Tax


Delhi HC Seeks Govt Response on IGST Exemption on Imported Oxygen Concentrator by Individual(06.05.2021)

Delhi High Court has sought Central Government's response in a 85 year old's plea challenging the levy of Integrated Goods and Services Tax on the imp.....

Tags : Delhi High Court, IGST Exemption on Imported Oxygen Concentrator by Individual


CBDT Notifies Amendment in Income Tax Rules for Exemption on Travel Concessions(07.05.2021)

Central Board of Direct Taxes (CBDT) has notified the amendment in Rule 2B of the Income Tax Rules, 1962 where the provisions relating to exemption in.....

Tags : Central Board of Direct Taxes, Exemption on Travel Concessions


Madras HC Grants Property Tax Exemption for Community Health and Development Department Building(17.11.2021)

Madras High Court has granted the property tax exemption for community health and development department building, which provides health care faciliti.....

Tags : Madras HC, Property Tax Exemption


CBDT Notifies Conditions for Exemption of Income Accrued or Received by Non-Resident(13.12.2021)

Central Board of Direct Taxes (CBDT) has notified conditions for exemption of income accrued or received by, non-resident as a result of transfer of n.....

Tags : Central Board of Direct Taxes, Exemption of Income Accrued or Received by Non-Resident


Telangana HC Issues Notice on Rapido’s Plea Challenging Withdrawal of Exemption on Auto Rides(30.12.2021)

Telangana High Court has issued the notice to the government on the plea filed by the Roppen Transportation Services Pvt. Ltd. (Rapido) challenging wi.....

Tags : Telangana High Court, Withdrawal of Exemption on Auto Rides


SC Asks Centre to Consider Withdrawing Insurance Exemption for State Public Transport Corporations(12.08.2021)

Supreme Court has asked the Central Government to examine the possibility of withdrawing exemption from insurance for State Corporations that run publ.....

Tags : Supreme Court, Insurance Exemption for State Public Transport Corporations


Madras HC Advises Former TN CMs to Move Special Court Seeking Exemption from Personal Appearance(24.08.2021)

Madras High Court has advised former Chief Ministers Edappadi K. Palaniswami and O. Panneerselvam of All India Anna Dravida Munnetra Kazhagam (AIADMK).....

Tags : Madras High Court, Exemption from Personal Appearance


Madras HC Directs to Consider Application Seeking Exemption of Temple from Factories Act(27.08.2021)

Madras High Court has directed the State government to consider an application made by Palani Dhandayuthapani Swamy Temple authorities seeking exempti.....

Tags : Madras High Court, Exemption of Temple from Factories Act


Telangana HC Directs to Consider Pleas of Aspirants Seeking Exemption from Appearing in NEET 2021(09.09.2021)

Telangana High Court has directed the Medical Council of India to consider as representation the pleas of certain overseas Indian citizens, seeking ex.....

Tags : Telangana High Court, Exemption from Appearing in NEET 2021


Karnataka HC Upholds Constitutional Validity Granting Exemption to Persons of Coorg by Race(22.09.2021)

Karnataka High Court has upheld the constitutional validity of the notification issued by the Union Ministry of Home Affairs granting exemption to eve.....

Tags : Karnataka High Court, Exemption to Persons of Coorg by Race


Karnataka HC Upholds Constitutional Validity of 2019 Notification Granting Exemption to Kodavas(23.09.2021)

Karnataka High Court has upheld that constitutional validity of the 2019 notification of the Union government granting exemption to Kodavas and Jamma .....

Tags : Karnataka High Court, Exemption to Kodavas


ITAT, Chennai: Capital Gain Exemption Cannot be Denied to Assessee Merely on Basis of Facts(29.09.2021)

Income Tax Appellate Tribunal (ITAT), Chennai has held that the capital gain exemption under section 54F of the Income Tax Act, 1961 cannot be denied .....

Tags : Income Tax Appellate Tribunal, Capital Gain Exemption


Karnataka HC Issues Notice on PIL on Granting Exemption to Kodavas and Jamma Land Holders(08.07.2021)

Karnataka High Court has ordered issue of notice to the State and Union governments on a PIL petition questioning the 2019 notification of granting ex.....

Tags : Karnataka High Court, Exemption to Kodavas and Jamma Land Holders


Madras High Court Comes Down on Actor Dhanush for Seeking Entry Tax Exemption on Rolls Royce(06.08.2021)

Madras High Court has disposed of a 2015 writ petition filed by actor Dhanush pertaining to the payment of entry tax on a Rolls Royce Ghost car import.....

Tags : Madras High Court, Entry Tax Exemption on Rolls Royce


Madras HC Issues Notice on Plea Seeking GST Exemption for Incorporated Members' Clubs(07.01.2021)

Madras High Court has issued notice to Central Government and the Central Board of Direct Taxes in Petition seeking exemption for members' club in an .....

Tags : Madras High Court, GST Exemption for Incorporated Members' Clubs


CBDT Issues Guidelines for Granting Exemption to Foreign Wealth Funds and Pension Funds(28.10.2021)

Central Board of Direct Taxes (CBDT) has issued guidelines for granting an exemption under section 10(23FE) of the Income Tax Act, 1961 to Foreign Wea.....

Tags : Central Board of Direct Taxes, Exemption to Foreign Wealth Funds and Pension Funds


CBDT Notifies MP, Chandigarh Pollution Control Board Eligible for Income Tax Exemption(01.11.2021)

Central Board of Direct Taxes (CBDT) has notified the Madhya Pradesh and Chandigarh Pollution Control Board, Gujarat State Aids Control Society eligib.....

Tags : Central Board of Direct Taxes, Income Tax Exemption


Kerala High Court Quashes State Circular Restricting Fee Exemption on Converted Paddy Land(12.11.2021)

Kerala High Court has quashed a circular issued by the State government, limiting fee exemption on converted paddy land not included in the data bank .....

Tags : Kerala High Court, Fee Exemption on Converted Paddy Land


International Cases

A private company running on commercial lines is not entitled to exemptions under Section 10 Income Tax Act(20.11.2020)

The Appellant, City Power Soc Limited (City Power), is a state-owned company that is wholly owned by the City of Johannesburg (the City). In 2014, it .....

Tags : Assessments, Exemption, Applicability


Intention of Parliament must be clearly found on wording of legislation(22.05.2019)

By present appeal, Mr. and Mrs. Hancock seek to show that, the redemption of the loan notes, issued to them in connection with the sale of their share.....

Tags : Charge, Capital gains, Exemption


Top Story

Finance Minister announces GST exemption for businesses with an annual turnover of up to Rs 40 lakh(24.08.2020)

The Finance Minister said that now, the businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Earlier, this limit was Rs 20 lakh. In .....

Tags : Exemption, GST, Businesses


Central Government exempts certain non-residents from furnishing ITR(11.10.2021)

The Central Government exempts certain class of persons, subject to the conditions, from the requirement of furnishing a return of income under sub-se.....

Tags : ITR, Exemption, Non-residents