Income Tax Department conducts searches in Kolkata
The Income Tax Department carried out search and seizure action on three real estate and stockbroking groups of Kolkata on 05.01.2021. The search...
![Where investigation is complete & charge-sheet filed, superior courts shouldn’t reopen investigation: Delhi HC denies relief to accused of Money Laundering [ Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/investigation-charge-sheet-superior-courts-Delhi-High-Court-Money-Laundering-Taxscan.jpg "Where investigation is complete & charge-sheet filed, superior courts shouldn’t reopen investigation: Delhi HC denies relief to accused of Money Laundering [ Read Judgment]")
![Relief to Wipro: ITAT remitts the matter to AO for re-computation of deduction allowable u/s 10A [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Wipro-ITAT-AO-deduction-Taxscan.jpg "Relief to Wipro: ITAT remitts the matter to AO for re-computation of deduction allowable u/s 10A [Read Order]")
![Supreme Court dismisses plea challenging Provisions of GST Act as constitutional challenge can be addressed before the High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Supeme-Court-plea-challenging-Provisions-GST-Act-constitutional-challenge-High-Court-Taxscan.jpeg "Supreme Court dismisses plea challenging Provisions of GST Act as constitutional challenge can be addressed before the High Court [Read Order]")
![ITAT directs AO to delete disallowance u/s.40(a)(ia) against Tata Sky [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/ITAT-AO-disallowance-Tata-Sky-taxscan.jpg "ITAT directs AO to delete disallowance u/s.40(a)(ia) against Tata Sky [Read Order]")
GST: Patiala House Court refuses to grant Bail to person accused of claiming bogus ITC to tune of Rs.5.98 Cr [Read Order]
The Patiala House Court refused to grant bail to a person accused of claiming bogus ITC to the tune of Rs.5.98 Crores. The applicant, Sachin Mittal is a proprietor of M/s Aryan Metal, who is...
![GST: Patiala House Court refuses to grant Bail to person accused of claiming bogus ITC to tune of Rs.5.98 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-Patiala-House-Court-grant-Bail-claiming-bogus-ITC-Taxscan.jpeg "GST: Patiala House Court refuses to grant Bail to person accused of claiming bogus ITC to tune of Rs.5.98 Cr [Read Order]")
Income Tax Search and Seizure: Seizure of undisclosed jewellery and its assessment thereupon- Legal Treatise
Introduction: The Central Board of Direct Taxes vide Instruction no. 1916 dated 11-05-1994, clarified that no seizure should be made by the Search Party of the Jewellery and Ornaments found during...
Karnataka High Court directs authority to issue appropriate Discharge Certificate under SVLDR Scheme [Read Order]
The Karnataka High Court directed the respondent authority to issue appropriate Discharge Certificate under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS). Sri. Raghuraman V,...
![Karnataka High Court directs authority to issue appropriate Discharge Certificate under SVLDR Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/SVLDR-Scheme-Karnataka-High-Court-Discharge-certificate-Taxscan.jpg "Karnataka High Court directs authority to issue appropriate Discharge Certificate under SVLDR Scheme [Read Order]")
Common Area Maintenance Charges not forming part of Actual Rent not Taxable as ‘House Property Income’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that Common Area Maintenance Charges not forming part of Actual Rent not Taxable as ‘House Property Income’. The assessee, Kapoor Watch...
![Common Area Maintenance Charges not forming part of Actual Rent not Taxable as ‘House Property Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Common-Area-Maintenance-Charges-Actual-Rent-Taxable-House-Property-Income-ITAT-Taxscan.jpg "Common Area Maintenance Charges not forming part of Actual Rent not Taxable as ‘House Property Income’: ITAT [Read Order]")
Capital Gain Deduction allowable for Eight Flats received under Joint Venture Agreement: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Banglore Bench held that the capital gain deduction is allowable for eight flats received under Joint Venture Agreement. The assessee, Maurice Patrick De...
![Capital Gain Deduction allowable for Eight Flats received under Joint Venture Agreement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Capital-Gain-Deduction-Flats-Joint-Venture-Agreement-ITAT-Taxscan.jpg "Capital Gain Deduction allowable for Eight Flats received under Joint Venture Agreement: ITAT [Read Order]")
GST: Delhi govt. relaxes Restriction on E-way Bill Issuance till 21st November 2019 [Read Notification]
The Delhi Government notified that the relaxation in a restriction on E-way Bill Issuance till 21st November 2019. The Government amended the notification No.22/2019-State Tax, dated August 20,...
![GST: Delhi govt. relaxes Restriction on E-way Bill Issuance till 21st November 2019 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-Delhi-govt-Restriction-on-E-way-Bill-Issuance-Taxscan.jpg "GST: Delhi govt. relaxes Restriction on E-way Bill Issuance till 21st November 2019 [Read Notification]")