![ITAT allows Deduction u/s 54F as assessee didn’t own more than one Residential House [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/residential-house-ITAT-Taxscan.jpeg "ITAT allows Deduction u/s 54F as assessee didn’t own more than one Residential House [Read Order]")
ITAT allows Deduction u/s 54F as assessee didn’t own more than one Residential House [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench allowed the deduction under section 54F of the Income Tax Act, 1961 as assessee did not own...
![Mitsui India isn’t a DAPE of Mitsui & Co. so no further profit could be attributed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-Mitsui-Taxscan.jpeg "Mitsui India isn’t a DAPE of Mitsui & Co. so no further profit could be attributed: ITAT [Read Order]")
![High Court can’t interfere in any order of NCLT as an appeal lies to NCLAT: Kerala High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/NCLT-kerala-high-court-taxscan.jpeg "High Court can’t interfere in any order of NCLT as an appeal lies to NCLAT: Kerala High Court [Read Judgment]")
![Kerala GST Department issues instructions for Settlement of arrears under Amnesty Scheme, 2020 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/Kerala-GST-Department-Settlement-arrearsAmnesty-Scheme-GST-Taxscan.jpg "Kerala GST Department issues instructions for Settlement of arrears under Amnesty Scheme, 2020 [Read Circular]")
Articled Assistants to be eligible for Industrial Training after completing a minimum of 18 months of practical training: ICAI issues draft regulation
The Institute of Chartered Accountants of India (ICAI) on Wednesday notified the draft regulation for changing the rules of chartered accountants 1988. This is called as Chartered accountants...
![Delhi High Court rejects plea challenging 5% GST on all varieties of fabrics [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/plea-challenging-GST-fabrics-Taxscan.jpg "Delhi High Court rejects plea challenging 5% GST on all varieties of fabrics [Read Order]")
CBIC issues corrigendum for conditional late fee waiver for Composition Taxpayers only for quarters from July 2017 to March 2019 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) issued the corrigendum in respect of conditional late fee waiver for composition taxpayers only for quarters from July 2017 to March 2019...
![CBIC issues corrigendum for conditional late fee waiver for Composition Taxpayers only for quarters from July 2017 to March 2019 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/CBIC-conditional-late-fee-waiver-Composition-Taxpayers-corrigendum-Taxscan.jpg "CBIC issues corrigendum for conditional late fee waiver for Composition Taxpayers only for quarters from July 2017 to March 2019 [Read Notification]")
ITAT upheld provisions in statement of accounts under 31 heads of expenses for one month made by HDFC Sales [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while upholding the provisions in statement of accounts under 31 heads of expenses for one month made by HDFC Sales. The assessee, M/s HDFC...
![ITAT upheld provisions in statement of accounts under 31 heads of expenses for one month made by HDFC Sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-HDFC-Sales-Taxscan.jpeg "ITAT upheld provisions in statement of accounts under 31 heads of expenses for one month made by HDFC Sales [Read Order]")
No addition for AMP transactions in absence of International Transaction between Taxpayer and AE: ITAT grants relief to Haier [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that no addition for advertisement, marketing and sales promotion expenses (AMP) can be made in absence of International Transaction...
![No addition for AMP transactions in absence of International Transaction between Taxpayer and AE: ITAT grants relief to Haier [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Haier-ITAT-AMP-Taxscan.jpeg "No addition for AMP transactions in absence of International Transaction between Taxpayer and AE: ITAT grants relief to Haier [Read Order]")
GST: Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee [Read Order]
The Gujarat High Court directed the release of the goods and vehicle confiscated on the deposit of Rs.1.70 Lakhs along with a bank guarantee. The writ applicant, M/s Radha TradelinksPvt. Ltd. is...
![GST: Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Release-Goods-Vehicle-Bank-Guarantee-Seized-Goods-GST-Taxscan.jpg "GST: Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee [Read Order]")