Taxscan Team
CBI to Soon Declare Reward on 'Absconding' Former Income Tax Officer
The Central Bureau of Investigation (CBI) will soon come up with a reward of Rs one lakh for providing information on IRS officer Santosh Karnani who...
![Co-Operative Bank Not Obliged to Deduct TDS on Interest Payments to Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Co-Operative-Bank-TDS-Interest-Payments-Members-ITAT-taxscan.jpg "Co-Operative Bank Not Obliged to Deduct TDS on Interest Payments to Members: ITAT [Read Order]")
![Advocate of accused can’t be permitted to present in course of interrogation under PMLA: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Advocate-accused-interrogation-PMLA-Calcutta-HC-taxscan.jpg "Advocate of accused can’t be permitted to present in course of interrogation under PMLA: Calcutta HC [Read Order]")
Re-assessment based on error committed by AO not permissible when Income Tax deduction allowed after verification: Delhi HC [Read Order]
The Delhi High Court has held that re-assessment based on an error committed by the Assessing Officer( AO) is not permissible when Income Tax deduction is allowed after verification. Deepak...
![Re-assessment based on error committed by AO not permissible when Income Tax deduction allowed after verification: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Re-assessment-AO-Income-Tax-deduction-Delhi-HC-taxscan.jpg "Re-assessment based on error committed by AO not permissible when Income Tax deduction allowed after verification: Delhi HC [Read Order]")
Rejection of GST Refund Solely on Inadvertent Error: Madras HC directs to Process ITC Refund [Read Order]
While delivering an assessee-friendly ruling, the Madras High Court has directed the GST department to process the ITC claim since the same was rejected solely on the ground of inadvertent error. ...
![Rejection of GST Refund Solely on Inadvertent Error: Madras HC directs to Process ITC Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/GST-Refund-Madras-HC-ITC-Refund-TAXSCAN.jpg "Rejection of GST Refund Solely on Inadvertent Error: Madras HC directs to Process ITC Refund [Read Order]")
22 amendments in IBC and Regulations Last Year: IBBI Chairman says IBC led to Behavioural Change in Debtor-Creditor Relationship
In a statement issued on Saturday, the Chairman of the Insolvency and Bankruptcy Board of India (IBBI), Shri, Ravi Mitalopined that the Insolvency and Bankruptcy Code (IBC) has led to a behavioural...
No Subsequent Imposition of Penalty to be made Once Notice Complied and Documents Timely Filed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench, has recently, in an appeal filed before it, held that no subsequent imposition of penalty can be made once the assessee has complied with...
![No Subsequent Imposition of Penalty to be made Once Notice Complied and Documents Timely Filed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Notice-Documents-ITAT-TAXSCAN.jpg "No Subsequent Imposition of Penalty to be made Once Notice Complied and Documents Timely Filed: ITAT [Read Order]")
Importer Can Apply For Registration After 60th Day & Within 5 Days Before Arrival Consignment: DGFTÂ Revises Policy [Read Circular]
The Directorate General of Foreign Trade (DGFT) has revised its import policy as per which, the importer can apply for the registration after 60th day and within five days before the arrival of the...
![Importer Can Apply For Registration After 60th Day & Within 5 Days Before Arrival Consignment: DGFTÂ Revises Policy [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/11/Importer-Registration-Consignment-DGFT-taxscan.jpg "Importer Can Apply For Registration After 60th Day & Within 5 Days Before Arrival Consignment: DGFTÂ Revises Policy [Read Circular]")