GST Compensation shortfall released to States reaches Rs. 1 lakh crore
The Ministry of Finance, Department of Expenditure has on Friday, released the 17th weekly instalment of Rs.5,000 crore to the States to meet...
![MCA issues Amendments to definition of Listed Companies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/MCA-amendments-companies-Taxscan.jpg "MCA issues Amendments to definition of Listed Companies [Read Notification]")
![CBIC notifies Customs Airports for specified purposes [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/CBIC-Customs-airports-Taxscan.jpg "CBIC notifies Customs Airports for specified purposes [Read Notification]")
Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]
The Calcutta High Court burdened the Tax Department with the cost of Rs.50,000 for filing belated appeal where tax effect was less than Rs.1 Crore. The revenue filed the appeal against the order...
![Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Calcutta-HC-Tax-Dept-belated-appeal-tax-effect-taxscan.jpg "Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]")
Reopening of Assessment on account of 'Change of Opinion' isn’t valid: ITAT quashes orders passed by Tax Authorities [Read Order]
The Income Tax Appellate Tribunal (ITAT) while quashing the orders passed by tax authorities ruled that the reopening of assessment on account of “change of opinion” is not valid. The assessee,...
![Reopening of Assessment on account of Change of Opinion isn’t valid: ITAT quashes orders passed by Tax Authorities [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/assessment-on-account-change-of-opinion-ITAT-tax-authorities-Taxscan.jpg "Reopening of Assessment on account of Change of Opinion isn’t valid: ITAT quashes orders passed by Tax Authorities [Read Order]")
Gujarat High Court directs Customs Commissioner to immediately address the claim of IGST Refund [Read Order]
The Gujarat High Court directed the Principal Customs Commissioner to immediately address the claim of IGST refund. The writ applicant, M/s Asian Organo Industries is engaged in the manufacture of...
![Gujarat High Court directs Customs Commissioner to immediately address the claim of IGST Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Gujarat-High-Court-Custom-Commissioner-IGST-refund-Taxscan.jpg "Gujarat High Court directs Customs Commissioner to immediately address the claim of IGST Refund [Read Order]")
GST Evasion: Patiala House Court refuses to grant Bail to CA allegedly involved in creating Fake GST Challans [Read Order]
The Patiala House Court refused to grant bail to a CA allegedly involved in creating fake GST Challans. The accused, CA Harish Kumar Rampal has been in judicial custody and is 62 years of age and...
![GST Evasion: Patiala House Court refuses to grant Bail to CA allegedly involved in creating Fake GST Challans [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Patiala-House-Court-bail-CA-allegedlly-fake-GST-Challans-Taxscan.jpg "GST Evasion: Patiala House Court refuses to grant Bail to CA allegedly involved in creating Fake GST Challans [Read Order]")
Punjab & Haryana High Court directs Designated Committee to accept declarations filed under Amnesty Scheme [Read Order]
The Punjab and Haryana High Court directed the Designated Committee to accept declarations filed under Amnesty Scheme. For the liquidation of pending disputes and realize outstanding tax/arrears,...
![Punjab & Haryana High Court directs Designated Committee to accept declarations filed under Amnesty Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Punjab-and-Haryana-High-Court-Designated-Committee-Amnesty-Scheme-Taxscan.jpg "Punjab & Haryana High Court directs Designated Committee to accept declarations filed under Amnesty Scheme [Read Order]")
Karnataka High Court quashes disallowance of 10% expenses paid to port workers as incentives [Read Judgment]
The Karnataka High Court quashed the disallowance of 10% expenses paid to port workers as incentives. The assessee, Ganesh Shipping Agency is a partnership firm engaged in the business as clearing...
![Karnataka High Court quashes disallowance of 10% expenses paid to port workers as incentives [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Karnataka-High-Court-disallowance-port-workers-incentives-Taxscan.jpg "Karnataka High Court quashes disallowance of 10% expenses paid to port workers as incentives [Read Judgment]")