![ITAT allows Claim of Deduction u/s 80C to Hero Motocorp [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-claim-of-deduction-Hero-Motocorp-Taxscan.jpg "ITAT allows Claim of Deduction u/s 80C to Hero Motocorp [Read Order]")
ITAT allows Claim of Deduction u/s 80C to Hero Motocorp [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench allowed the claim of deduction under section 80C of the Income Tax Act to Hero Motocorp. The...
![ITAT quashes Proceedings u/s 153C for want of Incriminating Materials [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-AO-capital-gain-Taxscan.jpeg "ITAT quashes Proceedings u/s 153C for want of Incriminating Materials [Read Order]")
NCLAT upheld rejection of application for initiation of Corporate Insolvency Resolution process by Operational Creditor
The National Company Law Appellate Tribunal (NCLAT), Delhi Bench upheld the rejection of application for initiation of corporate insolvency resolution process by operational creditor. The...
![ITAT deletes penalty on Undisclosed Income u/s 271AAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-penalty-Undisclosed-Income-271AAA-Taxscan.jpg "ITAT deletes penalty on Undisclosed Income u/s 271AAA [Read Order]")
GST: Failure to Produce Necessary Documents will lead to Cancellation of Registration for Supply of Goods, says Madhya Pradesh High Court [Read Order]
The Madhya Pradesh High Court held that the failure to produce necessary documents will lead to cancellation of registration for supply of goods. The appellant, M/s Om Trading Company is a dealer...
![GST: Failure to Produce Necessary Documents will lead to Cancellation of Registration for Supply of Goods, says Madhya Pradesh High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/GST-Failure-to-Produce-Necessary-Documents-Cancellation-of-Registration-Supply-of-Goods-Madhya-Pradesh-High-Court-taxscan.jpg "GST: Failure to Produce Necessary Documents will lead to Cancellation of Registration for Supply of Goods, says Madhya Pradesh High Court [Read Order]")
Creditors can’t Initiate Proceedings to Recover Claims not a part of Resolution Plan: Supreme Court [Read Judgment]
The Supreme Court while upholding the “Clean Slate Theory” ruled that creditors can not initiate Proceedings to recover claims not a part of the Resolution Plan. The issue raised in this case was...
![Creditors can’t Initiate Proceedings to Recover Claims not a part of Resolution Plan: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Creditors-Resolution-Plan-Supreme-Court-Taxscan-opengraph.jpeg "Creditors can’t Initiate Proceedings to Recover Claims not a part of Resolution Plan: Supreme Court [Read Judgment]")
No Tax payable on Compensation for Acquisition of Agricultural Land by State Govt: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that no Tax payable on compensation for acquisition of agricultural land by the state government. The assessee, Nariender Kumar filed the...
![No Tax payable on Compensation for Acquisition of Agricultural Land by State Govt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/No-Tax-payable-Compensation-for-Acquisition-Agricultural-Land-state-government-ITAT-Taxscan.jpg "No Tax payable on Compensation for Acquisition of Agricultural Land by State Govt: ITAT [Read Order]")
Relief to Grasim Industries: ITAT stays Recovery of demands on account of Dividend Distribution Tax, and Interest [Read Order]
While providing relief to Grasim Industries, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench stayed the recovery of demands on account of dividend distribution tax, and interest to the tune of...
![Relief to Grasim Industries: ITAT stays Recovery of demands on account of Dividend Distribution Tax, and Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Grasim-Industries-ITAT-dividend-distribution-tax-interest-Taxscan.jpg "Relief to Grasim Industries: ITAT stays Recovery of demands on account of Dividend Distribution Tax, and Interest [Read Order]")
IBBI notifies Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) on Tuesday notified Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021, which seeks to amend the...
![IBBI notifies Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/IBBI-Insolvency-and-Bankruptcy-Board-of-India-Information-Utilities-Amendment-Regulations-Taxscan.jpeg "IBBI notifies Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021 [Read Notification]")