Taxscan Team
![Assessee not Liable for Non-Compliance of the Deductor: ITAT allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Non-Compliance-Deductor-ITAT-TDS-Credit-TDS-Taxscan.jpg "Assessee not Liable for Non-Compliance of the Deductor: ITAT allows TDS Credit [Read Order]")
Assessee not Liable for Non-Compliance of the Deductor: ITAT allows TDS Credit [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has allowed the Tax Deducted at Source (TDS) credit and observed that the Assessee is not...
![Mere Making of a Wrong Claim would not attract Income Tax Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Income-Tax-Penalty-ITAT-taxscan.jpg "Mere Making of a Wrong Claim would not attract Income Tax Penalty: ITAT [Read Order]")
One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]
The Pune bench of Income Tax Appellate Tribunal ( ITAT ) has held that one percentage disallowance is reasonable on fraudulent Capital gain obtained by manipulating stock broker Dineshkumar R....
![One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Fraudulent-Capital-Gain-Capital-Gain-Fraudulent-Manipulating-Stock-Broker-Stock-Broker-ITAT-taxscan.jpg "One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]")
No Writ Jurisdiction When Alternate Remedy of Appeal available u/s 246 of Income Tax Act: Bombay HC [Read Order]
The Bombay High Court has held that writ jurisdiction can’t be exercised when an alternate remedy of appeal is available u/s 246 of the Income Tax Act, 1961. Falcon Retreat Private Limited, the...
![No Writ Jurisdiction When Alternate Remedy of Appeal available u/s 246 of Income Tax Act: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Writ-Jurisdiction-Alternate-Remedy-Appeal-Income-Tax-Act-Bombay-High-court-Income-Tax-tax-taxscan.jpg "No Writ Jurisdiction When Alternate Remedy of Appeal available u/s 246 of Income Tax Act: Bombay HC [Read Order]")
CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]
The Supreme Court, on Monday upheld the validity of the circular issued by the Central Board of Excise and Customs (CBEC), now CBIC, and held that the circular dated 1.7.2002 regarding valuation of...
![CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CBEC-CBEC-Circular-Central-Excise-Laws-Central-Excise-Excise-Law-Supreme-Court-taxscan.jpg "CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]")
![No Disallowance u/s 14A on Tax Free Bonds: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-Disallowance-on-Tax-Free-Bonds-ITAT-TAXSCAN.jpg "No Disallowance u/s 14A on Tax Free Bonds: ITAT [Read Order]")
Section 115BBE of Income Tax Act not to be triggered by modifying premise of revisional directions: ITAT [Read Order]
A Division Bench of the Income Tax Appellate Tribunal ( ITAT ), Delhi held that Section 115BBE of Income Tax Act, 1961 not to be triggered by modifying premise of revisional directions. The...
![Section 115BBE of Income Tax Act not to be triggered by modifying premise of revisional directions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Income-Tax-Tax-revisional-directions-ITAT-taxscan.jpg "Section 115BBE of Income Tax Act not to be triggered by modifying premise of revisional directions: ITAT [Read Order]")
GST Officer acted in a 'Reckless Illegal Manner' leading to Unnecessary Litigation: Rajasthan HC to Impose Cost [Read Order]
The Rajasthan High Court, on Friday, asked the Joint Commissioner, Circle Nimbahera of GST to show-cause why cost should not be imposed upon him for nonperformance of duties enjoined upon him by law...
![GST Officer acted in a Reckless Illegal Manner leading to Unnecessary Litigation: Rajasthan HC to Impose Cost [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/GST-Officer-acted-in-a-Reckless-Illegal-Manner-leading-to-Unnecessary-Litigation-Rajasthan-HC-to-Impose-Cost-TAXSCAN.jpg "GST Officer acted in a Reckless Illegal Manner leading to Unnecessary Litigation: Rajasthan HC to Impose Cost [Read Order]")