Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![ITAT upholds deletion of Addition on TDS Portion of Loan Interest Expenditure as Revenue Lacks Counter-Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Delhi-ITAT-upholds-deletion-of-Addition-on-TDS-TDS-Portion-Interest-expenditure-on-a-loan-taxscan.jpg "ITAT upholds deletion of Addition on TDS Portion of Loan Interest Expenditure as Revenue Lacks Counter-Evidence [Read Order]")
ITAT upholds deletion of Addition on TDS Portion of Loan Interest Expenditure as Revenue Lacks Counter-Evidence [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has upheld the decision of the Commissioner of Income Tax (Appeals) [CIT(A)] to delete...
![Section 56(2)(viib) of Income Tax not attracted when Shares issued below Market Value Determined by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-ITAT-Delhi-AO-Share-Value-Determination-TAXSCAN.jpg "Section 56(2)(viib) of Income Tax not attracted when Shares issued below Market Value Determined by AO: ITAT [Read Order]")
![Tamil Nadu GST Department Releases Guidelines for Adjudication under GST Act [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/09/GST-Goods-and-Services-Tax-Tamil-Nadu-GST-Department-GST-Act-GST-Circular-Tamil-Nadu-GST-GST-adjudication-proceedings-taxscan.jpg "Tamil Nadu GST Department Releases Guidelines for Adjudication under GST Act [Read Circular]")
Madras HC Orders GST Department to Expedite Review of Disputed 14.5% Interest Levy on Reseller [Read Order]
The Madras High Court has directed the swift disposal of a rectification application after the GST department failed to consider in the disputed GST order that imposed an interest rate of 14.5% on...
![Madras HC Orders GST Department to Expedite Review of Disputed 14.5% Interest Levy on Reseller [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-GST-Department-Madras-HC-Orders-Madras-HC-Orders-GST-Department-Taxscan.jpg "Madras HC Orders GST Department to Expedite Review of Disputed 14.5% Interest Levy on Reseller [Read Order]")
Madras HC Condones GSTR 3B filing Delay due to GST Amendment in S. 62(2), Rescinds Order Passed u/s 62(1) [Read Order]
In a recent ruling, the Madras High Court condoned the delay in filing GSTR-3B by the petitioner, referencing the amendment to Section 62(2) of the Goods and Services Tax ( GST ) Act. Consequently,...
![Madras HC Condones GSTR 3B filing Delay due to GST Amendment in S. 62(2), Rescinds Order Passed u/s 62(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/GST-GSTR-GSTR-3B-filing-Amendment-in-GST-TAXSCAN.jpg "Madras HC Condones GSTR 3B filing Delay due to GST Amendment in S. 62(2), Rescinds Order Passed u/s 62(1) [Read Order]")
CBIC Implements Sea Cargo Manifest and Transshipment Regulations at Customs Ports [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has initiated the implementation of the Sea Cargo Manifest and Transshipment Regulations ( SCMTR ) across various customs ports, following a...
Accountant fails to Inform GST SCN: Madras HC Orders 25% Pre-Deposit from ECL for Reconsideration [Read Order]
The Madras High Court recently mandated a 25% pre-deposit from ECL for reconsideration after the petitioner failed to address show cause notices under the Goods and Services Tax ( GST ). The...
![Accountant fails to Inform GST SCN: Madras HC Orders 25% Pre-Deposit from ECL for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Madras-High-Court-Madras-HC-GST-SCN-ECL-Goods-and-Services-Tax-Accountant-Fails-Pre-Deposit-TAXSCAN.jpg "Accountant fails to Inform GST SCN: Madras HC Orders 25% Pre-Deposit from ECL for Reconsideration [Read Order]")