Failure to disclose International Address in Tax Evasion case u/ Black Money Act: Delhi HC sustains Criminal Complaint [Read Order]

Top Stories Failure to disclose International Address in Tax Evasion case u/ Black Money Act: Delhi HC sustains Criminal Complaint [Read Order] The decision was rendered by the Delhi High…

Continue ReadingFailure to disclose International Address in Tax Evasion case u/ Black Money Act: Delhi HC sustains Criminal Complaint [Read Order]

ITAT Grants Partial Relief on Rs.35.13 Lakh Cash Deposit, Remands Vehicle Sale Issue to AO Due to Incomplete Documentation [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) granted partial relief on a cash deposit of Rs.35.13 lakh while remanding the vehicle sale claim to the Assessing…

Continue ReadingITAT Grants Partial Relief on Rs.35.13 Lakh Cash Deposit, Remands Vehicle Sale Issue to AO Due to Incomplete Documentation [Read Order]

No Interest Payable on Refunds Issued within 3 Months as per Section 18(4) of Customs Act : CESTAT [Read Order]

In a recent ruling, the Chandigarh bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) held that the appellant is not entitled to the interest on…

Continue ReadingNo Interest Payable on Refunds Issued within 3 Months as per Section 18(4) of Customs Act : CESTAT [Read Order]

Incentives and Discounts Received by Dealers from Manufacturers Not Taxable as Services, Treated as P2P Transactions: CESTAT [Read Order]

The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) ruled that incentives and discounts received by the dealer from the manufacturer are not taxable…

Continue ReadingIncentives and Discounts Received by Dealers from Manufacturers Not Taxable as Services, Treated as P2P Transactions: CESTAT [Read Order]

Salaried Bank Account Freezed by GST Intelligence: CIC upholds CPIO’ Decision to Deny Information u/s 8(1)(h) of RTI Act [Read Order]

The Central Information Commission ( CIC ) has upheld the decision of the Central Public Information Officer ( CPIO ) to deny access to information concerning orders issued by the…

Continue ReadingSalaried Bank Account Freezed by GST Intelligence: CIC upholds CPIO’ Decision to Deny Information u/s 8(1)(h) of RTI Act [Read Order]

CBDT issues Circular for Condonation of Delay in Filing Income Tax Forms 9A, 10, 10B, and 10BB [Read Circular]

Top Stories CBDT issues Circular for Condonation of Delay in Filing Income Tax Forms 9A, 10, 10B, and 10BB [Read Circular] Provisions for condonation of delays in filing Forms 9A,…

Continue ReadingCBDT issues Circular for Condonation of Delay in Filing Income Tax Forms 9A, 10, 10B, and 10BB [Read Circular]

Capital Subsidy should be reduced for Computation of Book Profit u/s 115JB of Income Tax Act: ITAT [Read Order]

Top Stories Capital Subsidy should be reduced for Computation of Book Profit u/s 115JB of Income Tax Act: ITAT [Read Order] ITAT held that the capital subsidy should be reduced…

Continue ReadingCapital Subsidy should be reduced for Computation of Book Profit u/s 115JB of Income Tax Act: ITAT [Read Order]