![Bombay HC directs Customs Authorities to release the Seized Imported Caustic Soda [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Bombay-High-Court-Customs-Authorities-Seized-Imported-Caustic-Soda-taxscan.jpeg "Bombay HC directs Customs Authorities to release the Seized Imported Caustic Soda [Read Order]")
Bombay HC directs Customs Authorities to release the Seized Imported Caustic Soda [Read Order]
The Bombay High Court directed the respondent authorities to release the seized goods caustic soda. The petitioner, Ganesh Benzoplast Limited, the...
![Advance Income received as interest income on bills discounting is subjected to taxation on accrual basis: Madras HC grants relief to Karur Vysya Bank [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-interest-income-bills-discounting-Advance-Income-taxation-Karur-Vysya-Bank-Taxscan.jpg "Advance Income received as interest income on bills discounting is subjected to taxation on accrual basis: Madras HC grants relief to Karur Vysya Bank [Read Judgment]")
![Delhi High Court stays Recovery of Tax against Ikea Trading India during the Pendency of Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Delhi-High-Court-Recovery-Tax-Ikea-Trading-ikea-Pendency-appeals-Taxscan.jpeg "Delhi High Court stays Recovery of Tax against Ikea Trading India during the Pendency of Appeals [Read Order]")
![Claim MEIS benefit can’t be denied merely on procedural defects: Kerala High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Kerala-High-court-MEIS-procedural-defects-MEIS-benefit-Taxscan.jpg "Claim MEIS benefit can’t be denied merely on procedural defects: Kerala High Court [Read Order]")
Confederation of GST Professionals and Industries moves Bombay High Court for due date extension of GSTR-9 / GSTR-9C
Confederation of GST Professionals and Industries had moved the Bombay High Court for the due date extension of GSTR-9 ( Annual Return ) / GSTR-9C ( Reconciliation Form) to December 31st, 2020. ...
Disallowance of Depreciation on Software can’t be made: ITAT grants relief to Wipro [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while directing the AO to delete the disallowance held that disallowance of depreciation on Software can not be made under section 40(a)(ia)...
![Disallowance of Depreciation on Software can’t be made: ITAT grants relief to Wipro [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/disallowance-depreciation-ITAT-Software-Wipro-Taxscan.jpg "Disallowance of Depreciation on Software can’t be made: ITAT grants relief to Wipro [Read Order]")
Yes Bank Case: Madras HC upholds legal validity of RBI’s circular on Additional Tier 1 Capital Bonds [Read Judgment]
The Madras High Court while dismissing a plea by investors of Yes Bank upheld the legal validity of the Reserve Bank of India’s (RBI) circular on additional Tier 1 Capital bonds. Yes Bank's AT1...
Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench held that income already disclosed under Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016 can not be treated as unexplained income under section...
![Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Pradhan-Mantri-Garib-Kalyan-Yojana-income-unexplained-income-Taxscan.jpg "Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]")
Rajasthan High Court grants bail to the person accused of tax evasion to the tune of Rs.18 crores [Read Order]
The Rajasthan High Court granted bail to the person accused of tax evasion to the tune of Rs.18 crores. The petitioner, Dhanraj Singhal has been arrested for the offenses under Sections 132(1),...
![Rajasthan High Court grants bail to the person accused of tax evasion to the tune of Rs.18 crores [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/bail-tax-evasion-Rajasthan-High-Court-GST-Taxscan.jpg "Rajasthan High Court grants bail to the person accused of tax evasion to the tune of Rs.18 crores [Read Order]")
Delhi Government notifies effective date for provisions of Delhi Goods and Services Tax (Fourth Amendment) Rules, 2019 [Read Notification]
The Delhi Government notified the 21stday of April, 2020 as an effective date for provisions of Delhi Goods and Services Tax (Fourth Amendment) Rules, 2019. The government empowered under clause...
![Delhi Government notifies effective date for provisions of Delhi Goods and Services Tax (Fourth Amendment) Rules, 2019 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Delhi-Government-Delhi-Goods-and-Services-Tax-GST-Kerala-Flood-Cess-Amendment-Taxscan.jpg "Delhi Government notifies effective date for provisions of Delhi Goods and Services Tax (Fourth Amendment) Rules, 2019 [Read Notification]")
DGFT notifies Amendment in Export Policy of Personal Protection Equipments / Masks [Read Notification]
The Director-General of Foreign Trade (DGFT), on Tuesday, amended the Export Policy of personal protection equipment or Masks which are either exported as part of Kits or as individuals. The DGFT...
![DGFT notifies Amendment in Export Policy of Personal Protection Equipments / Masks [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/DGFT-Export-Policy-personal-protection-equipment-Masks-Amendment-Taxscan.jpg "DGFT notifies Amendment in Export Policy of Personal Protection Equipments / Masks [Read Notification]")