![Gold Smuggling with intent to threaten Economic Security of India is a Terrorist Act: Rajasthan High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Gold-Smuggling-threaten-Economic-Security-of-India-Terrorist-Act-Rajasthan-High-Court-Taxscan.jpg "Gold Smuggling with intent to threaten Economic Security of India is a Terrorist Act: Rajasthan High Court [Read Order]")
Gold Smuggling with intent to threaten Economic Security of India is a 'Terrorist Act': Rajasthan High Court [Read Order]
The Rajasthan High Court held that the gold smuggling with intent to threaten the economic security of India is a 'terrorist act' under the Unlawful...
![Interest received on delayed Compensation for Compulsory Land Acquisition exempted from Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Compensation-Compulsory-Land-Acquisition-exempted-from-Income-Tax-ITAT-Taxscan.jpg "Interest received on delayed Compensation for Compulsory Land Acquisition exempted from Income Tax: ITAT [Read Order]")
![Creditor not to become Financial Creditor, if a Corporate Debtor offered Security by pledging Shares, without discharging borrowers liability: Supreme Court [Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Creditor-Financial-Creditor-Corporate-Debtor-Shares-borrowers-liability-Supreme-Court-Taxscan.jpg "Creditor not to become Financial Creditor, if a Corporate Debtor offered Security by pledging Shares, without discharging borrowers liability: Supreme Court [Judgment]")
Lower Tax Authorities can’t sustain addition without any cogent material on record: Delhi High Court [Read Judgment]
The Delhi High court held that the lower tax authorities cannot sustain addition without any cogent material on record. The Respondent-Assessee is an individual who has derived income from...
![Lower Tax Authorities can’t sustain addition without any cogent material on record: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Lower-Tax-Authorities-cogent-material-on-record-Delhi-High-Court-Taxscan-1.jpg "Lower Tax Authorities can’t sustain addition without any cogent material on record: Delhi High Court [Read Judgment]")
![‘Hundi’ Receipts in Cash from Donors are Capital Receipts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Hundi-Receipts-Cash-from-Donors-Capital-Receipts-ITAT-Taxscan.jpg "‘Hundi’ Receipts in Cash from Donors are Capital Receipts: ITAT [Read Order]")
SEBI penalizes Kishore Biyani and Anil Biyani of Future Corporate Resources for Insider Trading [Read Order]
The Securities and Exchange Board of India (SEBI) has penalized Future Corporate Resources Pvt Ltd, Kishore Biyani and Anil Biyani, founder and co-founder of Future group respectively, and five...
![SEBI penalizes Kishore Biyani and Anil Biyani of Future Corporate Resources for Insider Trading [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/SEBI-Kishore-Biyani-Anil-Biyani-Future-Corporate-Resources-Insider-Trading-Taxscan.jpg "SEBI penalizes Kishore Biyani and Anil Biyani of Future Corporate Resources for Insider Trading [Read Order]")
Open Online Portal to enable National Internet Exchange of India to file Form TRAN-1 or accept manually: Delhi High Cout directs GST Dept [Read Order]
The Delhi High Court directed the c to open an online portal to enable the National Internet Exchange of India to re-file rectified TRAN-1 form electronically or accept manually. The...
![Open Online Portal to enable National Internet Exchange of India to file Form TRAN-1 or accept manually: Delhi High Cout directs GST Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/online-portal-National-Internet-Exchange-of-India-TRAN-1-Delhi-HC-GST-taxscan.jpeg "Open Online Portal to enable National Internet Exchange of India to file Form TRAN-1 or accept manually: Delhi High Cout directs GST Dept [Read Order]")
ITAT allows Deduction on Share of Freehold Conversion Charges, Stamp Duty etc. for converting property into freehold [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench allowed the deduction on share of freehold conversion charges, stamp duty etc. for converting property into freehold. The assessee claimed...
![ITAT allows Deduction on Share of Freehold Conversion Charges, Stamp Duty etc. for converting property into freehold [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-deduction-on-share-of-freehold-conversion-charges-stamp-duty-converting-property-into-freehold-Taxscan.jpeg "ITAT allows Deduction on Share of Freehold Conversion Charges, Stamp Duty etc. for converting property into freehold [Read Order]")
![Interests from FDRs not to be assessed under Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interests-FDRs-Income-from-other-sources-ITAT-Delhi-Taxscan.jpg "Interests from FDRs not to be assessed under Income from Other Sources: ITAT [Read Order]")
GST Evasion: Patiala House Court grants Bail to person alleged of wrongfully claiming ITC to the tune of Rs. 25 Cr [Read Order]
The Patiala House Court granted bail to the person alleged of wrongfully claiming ITC to the tune of Rs. 25 Crores. The applicants, Naresh Mittal and Chhedi Lal Mittal submitted that both the...
![GST Evasion: Patiala House Court grants Bail to person alleged of wrongfully claiming ITC to the tune of Rs. 25 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Patiala-House-court-bail-ITC-taxscan.jpg "GST Evasion: Patiala House Court grants Bail to person alleged of wrongfully claiming ITC to the tune of Rs. 25 Cr [Read Order]")