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Taxscan Team

Taxscan Team

    One Arrested in Sirsa for Fraudulent Availment of GST Refund using Shell Companies

    The State Vigilance Bureau has reported an arrest of a trader, Amit Bansal, a resident of Sirsa town, in an alleged case of fraudulently taking tax refunds of about Rs 54 crore by registering shell...

    One Arrested in Sirsa for Fraudulent Availment of GST Refund using Shell Companies
    Taxscan Team

    Two Fake GST Officers Arrested in Hyderabad

    The Balanagar Special Operations Team busted a racket involving two persons who allegedly impersonating and cheated people by masquerading as GST officials. Police said they made people invest in...

    Two Fake GST Officers Arrested in Hyderabad
    Taxscan Team

    Hindi Sahitya Sammelan eligible for Income Tax Exemption u/s10(23C) (vi) of Income Tax Act: ITAT [Read Order]

    The Allahabad bench of Income Tax Appellate Tribunal (ITAT) has held that the Hindi Sahitya Sammelan is eligible for Income tax exemption under section10 (23C) (vi) the Income Tax Act. The...

    Hindi Sahitya Sammelan eligible for Income Tax Exemption u/s10(23C) (vi) of Income Tax Act: ITAT [Read Order]
    Taxscan Team

    Supreme Court and High Courts Weekly Round Up

    This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from November 14 to November 19, 2022. THE...

    High Courts - Weekly Round Up - taxscan
    Taxscan Team

    Disallowance of Expenditure of Interest in year of actual Payment in merchandise system of Accounting: ITAT deletes Addition made by AO

    Income Tax Appellate Tribunal (ITAT), New Delhi deleted addition made by Assessing Officer (AO) on the ground of disallowance of expenditure of interest in year of actual payment in merchandise...

    Disallowance of Expenditure of Interest in year of actual Payment in merchandise system of Accounting: ITAT deletes Addition made by AO
    Taxscan Team

    ITAT Weekly Round-Up

    This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from November 12 to November 18, 2022 ...

    ITAT Weekly Round-Up
    Taxscan Team

    No Permanent Establishment under Article 5(2)(g) of India Cyprus Treaty when threshold period of twelve months not exceeded, Income Taxable: Delhi HC

    The Delhi High Court held that No Permanent Establishment (PE) under Article 5(2)(g) of India Cyprus Treaty when threshold period of twelve months not exceeded. The present appeal has been filed...

    No Permanent Establishment under Article 5(2)(g) of India Cyprus Treaty when threshold period of twelve months not exceeded, Income Taxable: Delhi HC
    Taxscan Team

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