![Conversion of Company to LLP is ‘Transfer’: ITAT upholds Income Tax Liability [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/LLP-Taxscan.jpg "Conversion of Company to LLP is ‘Transfer’: ITAT upholds Income Tax Liability [Read Order]")
Conversion of Company to LLP is ‘Transfer’: ITAT upholds Income Tax Liability [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the conversion of a company into an LLP constitutes a "transfer" for the...
![National Herald Case: SC allows Income Tax Department To Reopen Tax Case against Sonia Gandhi, Rahul Gandhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/National-Herald-Case-Sonia-Gandhi-Rahul-Gandhi-Taxscan.jpg "National Herald Case: SC allows Income Tax Department To Reopen Tax Case against Sonia Gandhi, Rahul Gandhi [Read Order]")
![GST: Maharashtra to impose Meager Penalty for Minor Discrepancies in E-Way Bill [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/07/E-Way-Bill.jpg "GST: Maharashtra to impose Meager Penalty for Minor Discrepancies in E-Way Bill [Read Circular]")
![Subject Matters of Investigation conducted by IT Dept against Chartered Accountant can’t be revealed through RTI: CIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/CIC-RTI-Taxscan.jpg "Subject Matters of Investigation conducted by IT Dept against Chartered Accountant can’t be revealed through RTI: CIC [Read Order]")
Allahabad High Court allows Release of Detained Goods by Seller since Sale Transaction has not attained Finality [Read Judgment]
A two-judge bench of the Allahabad High Court has held that a selling dealer can release the goods provisions of Section 129 (1) (a) of the Central Goods and Services Tax Act since the sale...
![Allahabad High Court allows Release of Detained Goods by Seller since Sale Transaction has not attained Finality [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Allahabad-High-Court-Taxscan.jpg "Allahabad High Court allows Release of Detained Goods by Seller since Sale Transaction has not attained Finality [Read Judgment]")
Payment of Municipal Taxes being directly related to letting out of Property, can’t be Deducted from 'Other Income': ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the payment of municipal taxes cannot be deducted under section 57(iii) of the Income Tax Act since the same is directly...
![Payment of Municipal Taxes being directly related to letting out of Property, can’t be Deducted from Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/House-Property-Taxscan.jpg "Payment of Municipal Taxes being directly related to letting out of Property, can’t be Deducted from Other Income: ITAT [Read Order]")
SEBI extends deadline for Dematerialisation of Listed Shares held in physical form to April 1, 2019
The Securities Exchange Board of India (SEBI) has extended deadline for dematerialisation of listed shares held in physical form to April 1, 2019. The SEBI, on March 28, 2018, decided that except in...
ICAI releases Exposure Draft Standard on Auditing for Audits of Smaller and Less Complex Entities [Read Draft]
The Institute of Chartered Accountants of India ( ICAI ) has issued Exposure Draft Standard on Auditing for Audits of Smaller and Less Complex Entities (SASE) 200, Overall Objectives of the...
![ICAI releases Exposure Draft Standard on Auditing for Audits of Smaller and Less Complex Entities [Read Draft]](https://www.taxscan.in/wp-content/uploads/2016/06/Audit-Tax-Scan.jpg "ICAI releases Exposure Draft Standard on Auditing for Audits of Smaller and Less Complex Entities [Read Draft]")
![American School of Bombay eligible for Income Tax Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/American-School-Taxscan.jpg "American School of Bombay eligible for Income Tax Exemption: ITAT [Read Order]")
![Punjab & Haryana HC admits Petition against Constitution of AAR and AAAR: Issues Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/AAR-Delhi-Taxscan.jpg "Punjab & Haryana HC admits Petition against Constitution of AAR and AAAR: Issues Notice [Read Order]")