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Taxscan Team
CA, CMA vacancies in SBI
SBI has invited applications for the post of Manager - Credit Analyst. Qualification ➢Graduate (any discipline) from Government recognized...
![Expenses towards Development of Abandoned Software Eligible for Income Tax Deduction: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Software-Development-of-Software-Income-Tax-Deduction-Deduction-Income-Tax-Tax-Bombay-High-Court-taxscan.jpg "Expenses towards Development of Abandoned Software Eligible for Income Tax Deduction: Bombay HC [Read Order]")
![Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Receipt-of-Less-Different-Persons-on-Different-Dates-would-not-attract-of-Income-Tax-Act-ITAT-deletes-Penalty-TAXSCAN.jpg "Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]")
![Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Delhi-HC-sets-aside-Order-passed-AO-voluntarily-accepts-the-Mistakes-in-SCN-issued-TAXSCAN.jpg "Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]")
![Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Advertising-Marketing-Promotion-expenditures-Revenue-Expenditures-Revenue-Delhi-High-Court-Taxscan.jpg "Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]")
Oxygen not a 'Raw-Material' for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]
In a ruling against the manufacturers of Tata Steel, the Supreme Court has held that oxygen cannot be treated as a “raw material” for the manufacturing of the product steel, and therefore, not...
![Oxygen not a Raw-Material for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Oxygen-Not-a-Raw-Material-for-Manufacture-of-Steel-Not-Eligible-for-Concessional-Sales-Tax-Rate-Supreme-Court-TAXSCAN.jpg "Oxygen not a Raw-Material for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]")
Rough Notings by Assessee to Prove Payment of LIC Premium Sufficient to Prove Genuineness of Cash Deposit: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur bench has deleted an addition treating LIC premium as unexplained cash deposit by accepting the rough notings by the assessee as actual transactions. ...
![Rough Notings by Assessee to Prove Payment of LIC Premium Sufficient to Prove Genuineness of Cash Deposit: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-assessee-actual-transactions-LIC-Premium-taxscan.jpeg "Rough Notings by Assessee to Prove Payment of LIC Premium Sufficient to Prove Genuineness of Cash Deposit: ITAT deletes Addition [Read Order]")
