Rasheela Basheer
She was an Advocate in Taxation, and practised in Tribunals as well as High Court of Kerala and pursued Masters in Taxation Law.
CBI files Chargesheet against Pvt Company and Others in Bank Fraud Case for Rs.2435 crore
The Central Bureau of Investigation (CBI) has filed a Chargesheet before Special Judge, CBI cases, Rouse Avenue District Courts, New Delhi against a...
![Withholding of Partial VAT Refund Against Existing CST Dues: Calcutta HC directs Refund with Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Partial-VAT-Refund-CST-Dues-Calcutta-Highcourt-Refund-Interest-taxscan.jpg "Withholding of Partial VAT Refund Against Existing CST Dues: Calcutta HC directs Refund with Interest [Read Order]")
![No Valid Search Warrant: Orissa HC quashes Assessment Proceedings u/s 153A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Search-Warrant-Orissa-High-Court-Assessment-Income-Tax-Act-Income-Tax-Tax-Taxscan.jpg "No Valid Search Warrant: Orissa HC quashes Assessment Proceedings u/s 153A of Income Tax Act [Read Order]")
![Rule 89(4) of GST Rules is Intra Vires: Orissa HC dismisses Vedanta’s Plea to Read Down Provision [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/GST-Rules-Gst-Intra-Vires-Orissa-HC-taxscan-1.jpg "Rule 89(4) of GST Rules is Intra Vires: Orissa HC dismisses Vedanta’s Plea to Read Down Provision [Read Order]")
Deposit of Huge Amount of SBN Notes in Bank Account: ITAT Confirms Income Tax Addition, Directs Authorities to Investigate Role of Bank Employees
While upholding an addition under section 68 of the Income Tax Act, 1961, the Income Tax Appellate Tribunal (ITAT), Hyderabad bench has directed the concerned authorities to investigate the role of...
Payment to Processing Agency for Computer Assisted Work Not 'Professional Service', No TDS u/s 194J: ITAT [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the payment made to the processing agency for the computer assisted work cannot be considered as “professional service” for...
![Payment to Processing Agency for Computer Assisted Work Not Professional Service, No TDS u/s 194J: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Payment-Processing-Assisted-Professional-Service-TDS-ITAT-TAXSCAN.jpg "Payment to Processing Agency for Computer Assisted Work Not Professional Service, No TDS u/s 194J: ITAT [Read Order]")
Estimation of Value of Assets by VO u/s. 142A of Income Tax Act Not Applicable on Purchase of Ready Built House by Assessee: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the provisions of section 142A of the Income Tax Act, 1961 regarding the estimation of value of assets by a Valuation...
![Estimation of Value of Assets by VO u/s. 142A of Income Tax Act Not Applicable on Purchase of Ready Built House by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Value-of-Assets-Income-Tax-Income-Tax-Act-Purchase-of-Ready-Built-House-ITAT-taxscan.jpg "Estimation of Value of Assets by VO u/s. 142A of Income Tax Act Not Applicable on Purchase of Ready Built House by Assessee: ITAT [Read Order]")
NBFCs Not Liable to Pay Interest Tax on Interest received under Hire-Purchase Agreement: Supreme Court [Read Order]
A two-judge bench of the Supreme Court has held that the non-banking finance companies are not liable to pay interest tax on the interest component received under the hire-purchase agreement under...
![NBFCs Not Liable to Pay Interest Tax on Interest received under Hire-Purchase Agreement: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/NBFCs-Interest-Tax-Interest-Tax-on-Interest-received-Hire-Purchase-Agreement-Supreme-Court-taxscan.jpg "NBFCs Not Liable to Pay Interest Tax on Interest received under Hire-Purchase Agreement: Supreme Court [Read Order]")
Addition under Deeming Provision of S. 50C cannot Attract Income Tax Penalty for 'Concealment of Income': ITAT [Read Order]
In an assessee-favouring ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the addition under section 50C, being a deeming provision cannot be a sole ground to attract...
![Addition under Deeming Provision of S. 50C cannot Attract Income Tax Penalty for Concealment of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deeming-Provision-Income-Tax-Penalty-Income-ITAT-TAXSCAN.jpg "Addition under Deeming Provision of S. 50C cannot Attract Income Tax Penalty for Concealment of Income: ITAT [Read Order]")
Receipt of Money through Banking Channel would not Make Transaction 'Genuine' If Transaction is Not Explained with Documents: ITAT [Read Order]
While directing a re-adjudication of a matter under section 68 of the Income Tax Act, 1961, the Income Tax Appellate Tribunal ( ITAT ), Ahmedabad bench has held that mere fact that the amount...
![Receipt of Money through Banking Channel would not Make Transaction Genuine If Transaction is Not Explained with Documents: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Receipt-of-Money-Banking-Channel-Transaction-Documents-ITAT-Taxscan.jpg "Receipt of Money through Banking Channel would not Make Transaction Genuine If Transaction is Not Explained with Documents: ITAT [Read Order]")
