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![Provisions relating to Book Profit not applicable when there is No Income Tax payable on Normal provisions of the Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Provisions-Book-Profit-income-tax-normal-provisions-of-the-Act-ITAT-Taxscan.jpg "Provisions relating to Book Profit not applicable when there is No Income Tax payable on Normal provisions of the Act: ITAT [Read Order]")
Provisions relating to Book Profit not applicable when there is No Income Tax payable on Normal provisions of the Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the provisions relating to Book Profit not applicable when there is no income tax...
![CBIC notifies decrease in Customs Duty on Gold and Silver [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/CBIC-Custom-Duty-Gold-Silver-Taxscan.jpg "CBIC notifies decrease in Customs Duty on Gold and Silver [Read Notification]")
![CBDT notifies Proceedure for Faceless Assessment Scheme, 2019 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/CBDT-Faceless-Assessment-Scheme-Taxscan.jpg "CBDT notifies Proceedure for Faceless Assessment Scheme, 2019 [Read Notification]")
CBIC directs extension of Alternate Mechanism for resolving invoice mis-match errors (SB-005) on all Shipping Bills [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) notified IGST refunds on exports-extension in SB005 alternate mechanism. The Board Circulars provide the facility for resolving invoice...
![CBIC directs extension of Alternate Mechanism for resolving invoice mis-match errors (SB-005) on all Shipping Bills [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/02/CBIC-IGST-refunds-exports-extension-SB-005-Taxscan.jpg "CBIC directs extension of Alternate Mechanism for resolving invoice mis-match errors (SB-005) on all Shipping Bills [Read Circular]")
Interest paid during investigation should also be considered payment, under the SVLDR Scheme: Madras High Court [Read Order]
The Madras High Court held that the interest paid during the investigation should also be considered payment, under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2018. The petitioner,...
![Interest paid during investigation should also be considered payment, under the SVLDR Scheme: Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interest-paid-investigation-payment-SVLDR-Scheme-Madras-High-Court-Taxscan.jpg "Interest paid during investigation should also be considered payment, under the SVLDR Scheme: Madras High Court [Read Order]")
CBIC to charge Rs.1000 for Handling of mismatch between Shipping Bill and GST returns in Customs Automated System [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified Rs.1000 as a fees for Handling of mismatch between Shipping Bill and GST returns in Customs Automated System. The Board notified...
![CBIC to charge Rs.1000 for Handling of mismatch between Shipping Bill and GST returns in Customs Automated System [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/CBIC-Shipping-Bill-GST-GST-returns-Customs-Automated-System-Taxscan.jpg "CBIC to charge Rs.1000 for Handling of mismatch between Shipping Bill and GST returns in Customs Automated System [Read Notification]")
