Shilpa Shetty Gets Partial Relief In Rs 12.5 Cr Gift Case as ITAT Says “Burden of proof rests on taxpayer”

Shilpa Shetty secured partial relief as the Income Tax Appellate Tribunal ordered fresh examination of her Rs 12.5 crore gift dispute, directing the Assessing Officer to reassess evidence under Section 68 after granting opportunity to establish genuineness.

Big Relief for Rajinikanth: CESTAT Sets Aside Service Tax Demand Against Rajinikanth in Property Lease Case

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal set aside a Rs 56 lakh service tax demand against actor Rajinikanth, ruling hotel buildings are exempt from service tax under the Finance Act, 1994 provisions.