![Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/RayBan-ITAT-AMP-expenses-ALP-Taxscan.jpg "Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]")
Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench in relief to Ray-Ban deleted the adjustments made by the Transfer Pricing Officer (TPO) on...
![Relief to Hindustan Coca Cola: ITAT deletes additions of Rs. 20.89 Lakhs on account of passing of the expiry date of product [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Relief-Hindustan-Coca-Cola-ITAT-expiry-date-of-product-taxscan.jpg "Relief to Hindustan Coca Cola: ITAT deletes additions of Rs. 20.89 Lakhs on account of passing of the expiry date of product [Read Order]")
![MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Procedure-for-Disposal-conversion-of-public-company-into-private-Taxscan.jpg "MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]")
![GST: Bombay High Court dismisses pleas of Directors seeking to quash criminal proceedings for allegedly creating fake invoices to evade Tax liabilities [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Bombay-HC-dismisses-pleas-of-Directors-seeking-to-quash-criminal-proceedings-for-allegedly-creating-fake-invoices-to-evade-tax-liabilities.jpeg "GST: Bombay High Court dismisses pleas of Directors seeking to quash criminal proceedings for allegedly creating fake invoices to evade Tax liabilities [Read Order]")
![New provision for Extension of period of company name reservation to be effective from 26 January, 2021: MCA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/New-provision-Extension-of-period-company-name-reservation-26-January-Taxscan.jpeg "New provision for Extension of period of company name reservation to be effective from 26 January, 2021: MCA [Read Notification]")
MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 [Read Notification]
The Ministry of Corporate Affairs (MCA) notified the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 which seeks to amend the Companies (Corporate Social Responsibility...
![MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Corporate-Social-Responsibility-Policy-Amendment-Rules-Taxscan.jpg "MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 [Read Notification]")
![ITAT deletes Penalty on Undisclosed Income as Search wasn’t initiated [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Undisclosed-Income-Search-ITAT-Penalty-Income-taxscan.jpg "ITAT deletes Penalty on Undisclosed Income as Search wasn’t initiated [Read Order]")
Income Tax Search and Seizure & Income Tax Settlement Commission (ITSC)- Detection of any undisclosed income subsequent to the final order of ITSC
Introduction:- Chapter XIX - A of Income Tax Act, 1961 provides for settlement of cases. Income Tax Settlement Commission was set up in the year 1976 on the recommendation of the Direct Tax...
18% GST on Work Contract for Supply, Erection, Testing, commissioning of materials for providing Rural Electricity Infrastructure: AAAR [Read Order]
The Rajasthan Authority of Advance Ruling (AAAR) while upholding the lower authority’s order ruled that 18% GST on work contract for supply, erection, testing, and commissioning of materials for...
![18% GST on Work Contract for Supply, Erection, Testing, commissioning of materials for providing Rural Electricity Infrastructure: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-on-work-contract-supply-erection-testing-commissioning-of-materials-rural-electricity-infrastructure-AAAR-Taxscan.jpg "18% GST on Work Contract for Supply, Erection, Testing, commissioning of materials for providing Rural Electricity Infrastructure: AAAR [Read Order]")
ITAT deletes disallowance on Account of Interest Paid on Debit Balances of Capital Account with other firms [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench deleted the disallowance on account of interest paid on debit balances of capital account with other firms. The assessee, Rajesh Madanmohan...
![ITAT deletes disallowance on Account of Interest Paid on Debit Balances of Capital Account with other firms [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/ITAT-disallowance-account-of-interest-paid-debit-balances-capital-account-firms-Taxscan.jpg "ITAT deletes disallowance on Account of Interest Paid on Debit Balances of Capital Account with other firms [Read Order]")
![SEBI imposes penalty of Rs. 5 lakh on Jahman Dealers Pvt. Ltd for ignoring of Summons. [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/SEBI-Jahman-Dealers-Summons-Taxscan.jpeg "SEBI imposes penalty of Rs. 5 lakh on Jahman Dealers Pvt. Ltd for ignoring of Summons. [Read Order]")
![28% GST on Metal Nuts as it is a part of Motor Vehicle: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-metal-nuts-motor-vehicle-AAAR-taxscan.jpeg "28% GST on Metal Nuts as it is a part of Motor Vehicle: AAAR [Read Order]")