Taxscan Team
Professional Misconduct: ICAI notifies Removal of 12 Chartered Accountants from Register [Read Notifications]
Based on an order of the disciplinary committee of the Institute of Chartered Accountants of India (ICAI), the Institute has removed twelve Chartered...
![Order Accepting or Refusing Registration U/s 12AA shall be Made in Writing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Registration-ITAT-taxscan.jpg "Order Accepting or Refusing Registration U/s 12AA shall be Made in Writing: ITAT [Read Order]")
![Activities of Rajasthan State Road Transport Corporation does not Fall under ‘Charitable nature’, Entitled to Sec 11 Exception: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Rajasthan-State-Road-Transport-Corporation-Charitable-nature-ITAT-TAXSCAN.jpg "Activities of Rajasthan State Road Transport Corporation does not Fall under ‘Charitable nature’, Entitled to Sec 11 Exception: ITAT [Read Order]")
![Retail Trading and Wholesale Trading Companies have to consider separately while deciding Comparables: ITAT rules in favour of Puma [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Retail-Trading-Wholesale-Trading-Companies-ITAT-Puma-taxscan.jpg "Retail Trading and Wholesale Trading Companies have to consider separately while deciding Comparables: ITAT rules in favour of Puma [Read Order]")
![Income Tax Portal does not allow Bulk Uploads: ITAT allows Manual Submission of Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Portal-ITAT-Documents-taxscan.jpg "Income Tax Portal does not allow Bulk Uploads: ITAT allows Manual Submission of Documents [Read Order]")
![No Entertainment Tax on Water Parks over Rented Swimming Costumes: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Entertainment-Tax-Water-Parks-Swimming-Costumes-Allahabad-HC-taxscan.jpg "No Entertainment Tax on Water Parks over Rented Swimming Costumes: Allahabad HC [Read Order]")
![Genpact India is not ‘Intermediary’: Punjab & Haryana HC allows GST Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Genpact-India-Intermediary-Punjab-Haryana-High-Court-GST-Refund-Taxscan.jpg "Genpact India is not ‘Intermediary’: Punjab & Haryana HC allows GST Refund [Read Order]")
Income Tax Service is 'Useless': Individual Approaches RTI for getting Own TDS Records, CIC Rejects Application [Read Order]
The Central Information Commission (CIC) recently rejected the appeal of the assessee, Shivi Mohan Rastogi for accessing his Tax Deducted at Source (TDS) records via Right to Information (RTI). ...
![Income Tax Service is Useless: Individual Approaches RTI for getting Own TDS Records, CIC Rejects Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Service-RTI-TDS-CIC-taxscan.jpg "Income Tax Service is Useless: Individual Approaches RTI for getting Own TDS Records, CIC Rejects Application [Read Order]")
No TDS on Payment of Credit/Debit Card Commission to Domestic Banks: ITAT deletes Disallowance [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), while quashing an order withholding of tax,has held that the provisions of TDS not applicable to the payment of credit/debit card...
![No TDS on Payment of Credit/Debit Card Commission to Domestic Banks: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/TDS-Payment-Credit-Debit-Card-Commission-Domestic-Banks-ITAT-Disallowance-TAXSCAN.jpg "No TDS on Payment of Credit/Debit Card Commission to Domestic Banks: ITAT deletes Disallowance [Read Order]")
Right to Collect Toll falls within Definition of Commercial Right or ‘Intangible Asset’, Eligible for Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal, Pune Bench, has recently, in an appeal filed before it, held that the right to collect toll falls within the definition of commercial rights or intangible asset,...
![Right to Collect Toll falls within Definition of Commercial Right or ‘Intangible Asset’, Eligible for Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Collect-Toll-Definition-Commercial-Right-Intangible-Asset-ITAT-TAXSCAN.jpg "Right to Collect Toll falls within Definition of Commercial Right or ‘Intangible Asset’, Eligible for Depreciation: ITAT [Read Order]")
Mere Change of Opinion cannot form the basis for initiating Reassessment proceedings under Income Tax Act: Delhi HC [Read Order]
The Delhi High Court( HC )has held that a mere change of opinion cannot form the basis for initiating reassessment proceedings under Income TaxAct,1961. Ambarnuj Finance and Investment, the...
![Mere Change of Opinion cannot form the basis for initiating Reassessment proceedings under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Reassessment-Income-Tax-Act-Delhi-HC-taxscan.jpg "Mere Change of Opinion cannot form the basis for initiating Reassessment proceedings under Income Tax Act: Delhi HC [Read Order]")