Govt to launch One-Time Amnesty Scheme for GST Defaulters
In order to give an opportunity to the GST defaulters, the GST Council is likely to consider a one-time amnesty scheme to facilitate an exit for ‘nil’...
![ICAI releases Implementation Guide on Withdrawal from an Engagement to Perform Audit of Financial Statements [Read Guide]](https://www.taxscan.in/wp-content/uploads/2016/09/Statutory-Auditor-Taxscan.jpg "ICAI releases Implementation Guide on Withdrawal from an Engagement to Perform Audit of Financial Statements [Read Guide]")
![ITAT allows Expenses incurred on Seminar conducted Abroad for Medical Practitioners funded by Pharmaceuticals Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Secret-Commission-to-Doctors.jpg "ITAT allows Expenses incurred on Seminar conducted Abroad for Medical Practitioners funded by Pharmaceuticals Company [Read Order]")
Delayed Payment towards ESIC and PF before filing of IT Return can’t be Disallowed: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad bench has held that the contributions towards ESIC and PF beyond the due date cannot be disallowed if the same was paid before the filing of...
![Delayed Payment towards ESIC and PF before filing of IT Return can’t be Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Revisionary-Jurisdiction-ITAT-Taxscan.jpg "Delayed Payment towards ESIC and PF before filing of IT Return can’t be Disallowed: ITAT [Read Order]")
CBIC extends due date for filing of FORM GSTR-7 for the months of Oct to Dec till Jan 31st 2019 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC ) has extended the due date for filing of Form GSTR-7 for the months of october 2018 to December 2018 till January 31st, 2019. GSTR-7 is a...
![CBIC extends due date for filing of FORM GSTR-7 for the months of Oct to Dec till Jan 31st 2019 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "CBIC extends due date for filing of FORM GSTR-7 for the months of Oct to Dec till Jan 31st 2019 [Read Notification]")
Amount Paid towards License Fee in the First Year of starting Business can’t be treated as Unexplained Income: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the amount paid towards license fee in the first year of commencement of business cannot be treated as unexplained income....
![Amount Paid towards License Fee in the First Year of starting Business can’t be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/License-Fee-Taxscan-1.jpg "Amount Paid towards License Fee in the First Year of starting Business can’t be treated as Unexplained Income: ITAT [Read Order]")
![Income from Sale of Software not ‘Royalty’ under India-Ireland Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Software-Services-GST-Taxscan.jpg "Income from Sale of Software not ‘Royalty’ under India-Ireland Treaty: ITAT [Read Order]")
Provisions of S. 269SS not applicable to Loan Transaction between Husband and Wife: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the provisions of section 269SS of the Income Tax Act will not be applicable to loan transaction between husband and wife. ...
![Provisions of S. 269SS not applicable to Loan Transaction between Husband and Wife: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Loan-Transaction-Taxscan.jpg "Provisions of S. 269SS not applicable to Loan Transaction between Husband and Wife: ITAT [Read Order]")
![ICAI submits Annual Report and Audited Accounts of the Institute for the year 2017-18 [Read Report]](https://www.taxscan.in/wp-content/uploads/2018/06/ICAI-Valuation-Taxscan.jpg "ICAI submits Annual Report and Audited Accounts of the Institute for the year 2017-18 [Read Report]")