![Can Nuns and Priests to pay Income Tax for Salary from State-funded or Private Institutions? SC to decide [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Nuns-Supreme-Court-Taxscan.jpg "Can Nuns and Priests to pay Income Tax for Salary from State-funded or Private Institutions? SC to decide [Read Order]")
Can Nuns and Priests to pay Income Tax for Salary from State-funded or Private Institutions? SC to decide [Read Order]
The Supreme Court has agreed to hear the challenge of whether nuns and priests be asked to pay Income Tax if they draw their salary from state-funded...
![Labour Services availed to Forest Department for Environment Protection are Exempted from GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Labour-Services-Forest-Department-Taxscan.jpg "Labour Services availed to Forest Department for Environment Protection are Exempted from GST: AAR [Read Order]")
![ITAT upholds Penalty leviable on Surrender made on Account of Discrepancy in Stock [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "ITAT upholds Penalty leviable on Surrender made on Account of Discrepancy in Stock [Read Order]")
![Service Providers can opt for Composition Scheme till July 31: CBIC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/09/GST-Composition-Scheme-Taxscan.jpg "Service Providers can opt for Composition Scheme till July 31: CBIC [Read Circular]")
Share Purchase as per Order of Company Court constitute Dividend, not Capital Gain: Madras High Court dismisses Cognizant's Plea [Read Judgment]
The Madras High Court has held that the shares purchased pursuant to the order of Company Court would not amount to capital gain and rather to be treated as a dividend. The assessee, engaged in the...
![Share Purchase as per Order of Company Court constitute Dividend, not Capital Gain: Madras High Court dismisses Cognizants Plea [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Cognizant-Taxscan.jpg "Share Purchase as per Order of Company Court constitute Dividend, not Capital Gain: Madras High Court dismisses Cognizants Plea [Read Judgment]")
Income of Non-Resident Investor from Off-Shore Investments through AIFs not Taxable in India: CBDT [Read Circular]
The Central Board of Direct Taxes (CBDT) has clarified that the income received by a non- resident investor from off-shore investments routed through the Category I or Category II AIF is not taxable...
![Income of Non-Resident Investor from Off-Shore Investments through AIFs not Taxable in India: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2019/07/Off-Shore-Investments-Taxscan.jpg "Income of Non-Resident Investor from Off-Shore Investments through AIFs not Taxable in India: CBDT [Read Circular]")
No Amendments in Invoices Reported in Form GSTR-1 in the Financial Year 2017-18: GSTN issues Advisory
The Goods and Services Tax Network (GSTN) has issued Advisory on the amendment of invoices for the Financial Year 2017-18. The advisory said that Some taxpayers have reported that they are not able...
![GST applicable on Construction of Flats to be given on Lease [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Lease-Construction-Flat-Taxscan.jpg "GST applicable on Construction of Flats to be given on Lease [Read Order]")