Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
ED freezes Rs. 121.02 Crore in Bank Accounts in Illegal Forex Trading Probe
The Directorate of Enforcement (ED) conducted search operations on March 13th, 2023, across 15 banks, which had a total of 180 bank accounts, as part...
![Income from Transfer of Listed Shares held for a period of more than 12 Months taxable as Capital Gains at the Desire of the Assessee: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Transfer-of-Listed-Shares-Listed-Shares-Income-from-Transfer-of-Listed-Shares-Capital-Gains-Desire-of-the-Assessee-Calcutta-Highcourt-taxscan.jpg "Income from Transfer of Listed Shares held for a period of more than 12 Months taxable as Capital Gains at the Desire of the Assessee: Calcutta HC [Read Order]")
![Income Tax Dept cannot take a Different View in subsequent years in Absence of any Fresh Materials warranting such departure: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-Department-income-Fresh-Materials-warranting-Fresh-Materials-taxscan.jpg "Income Tax Dept cannot take a Different View in subsequent years in Absence of any Fresh Materials warranting such departure: Calcutta HC [Read Order]")
Transaction has to be Proven Beyond Reasonable Doubt to Claim ITC u/s 70 of KVAT Act: Supreme Court [Read Judgement]
The Supreme Court of India has clarified that under Section 70 of the Karnataka Value Added Tax Act, 2003, dealers who claim Input Tax Credit ( ITC ) on their purchases must provide evidence of...
![Transaction has to be Proven Beyond Reasonable Doubt to Claim ITC u/s 70 of KVAT Act: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/03/Transaction-Claim-ITC-Claim-ITC-KVAT-Act-Supreme-Court-Taxscan.jpg "Transaction has to be Proven Beyond Reasonable Doubt to Claim ITC u/s 70 of KVAT Act: Supreme Court [Read Judgement]")
Amazon gets served with 549 Crore Income Tax Demand Notice for Receipts from Cloud Computing Services
Amazon Web Services, Inc. a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis has been...
