![VAT can’t be Paid in Installments, Madras HC Reverses Single Judge’s Decision [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "VAT can’t be Paid in Installments, Madras HC Reverses Single Judge’s Decision [Read Judgment]")
VAT can’t be Paid in Installments, Madras HC Reverses Single Judge’s Decision [Read Judgment]
A division bench of the Madras High Court, while rejecting a plea of Empee Distilleries Ltd, reversed the observation of the single Judge that tax...
![Payment of Arbitration Award not part of Cost Base for Margin Calculation: ITAT Follows Rule of Consistency in Hyundai’s Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Hyundai-Rotem-Taxscan.jpg "Payment of Arbitration Award not part of Cost Base for Margin Calculation: ITAT Follows Rule of Consistency in Hyundai’s Case [Read Order]")
![Penalty can’t be imposed for Non-Deduction of TDS If Default was due to Wrong Classification of Payments: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Penalty can’t be imposed for Non-Deduction of TDS If Default was due to Wrong Classification of Payments: ITAT [Read Order]")
![CBDT Circular Specifying Tax Effect Applies to Pending Appeals: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "CBDT Circular Specifying Tax Effect Applies to Pending Appeals: Supreme Court [Read Judgment]")
Advocates Who are Provisionally allowed to Participate in Election would face Action If their Law Degrees found Fake: SC Modifies earlier Order [Read Order]
While modifying the order passed on 23.08.2017, a two-judge bench of the Supreme Court said that appropriate orders will be taken against Advocates who are provisionally allowed to participate in...
CBDT comes up with Stringent Norms for Scrutiny of Revised / Belated Returns filed Post-Demonetisation [Read Letter]
With a view to tackle black money holders, who tried to misuse the provisions for revising return or belated return after demonetisation, the Central Board of Direct Taxes (CBDT) has issued stringent...
![CBDT comes up with Stringent Norms for Scrutiny of Revised / Belated Returns filed Post-Demonetisation [Read Letter]](https://www.taxscan.in/wp-content/uploads/2017/04/Income-Tax-Return-Taxscan.jpg "CBDT comes up with Stringent Norms for Scrutiny of Revised / Belated Returns filed Post-Demonetisation [Read Letter]")
Delhi HC Confirms Suspension of CA for Manipulating Public Issue of Company, Asks CA Fraternity to Ensure Probity and Sanctity [Read Judgment]
While confirming the decision of the Institute of Chartered Accountants in India (ICAI) to debar a Chartered Accountant from its roll for one year, a two-judge bench of the Delhi High Court, last day...
Donations Received by Trust for Specific Purpose of Acquiring Capital Assets are Tied-up Grants: ITAT allows Exemption [Read Order]
The Income Tax Appellate Tribunal, Vishakhapatnam bench in its recent order allowed exemption on donation received by trust for specific purpose of acquiring the capital assets treating them as tied...
![Donations Received by Trust for Specific Purpose of Acquiring Capital Assets are Tied-up Grants: ITAT allows Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Donation-Taxscan.jpg "Donations Received by Trust for Specific Purpose of Acquiring Capital Assets are Tied-up Grants: ITAT allows Exemption [Read Order]")
CBEC Clarifies Issues on Applicability of GST on Goods Transferred / Sold while being Deposited in a Warehouse [Read Circular]
In a recent missive, the Central Board of Excise and Customs (CBEC) clarified the issues on applicability of GST on goods transferred / sold while being deposited in a warehouse under the new Goods...
![CBEC Clarifies Issues on Applicability of GST on Goods Transferred / Sold while being Deposited in a Warehouse [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/11/Warehouse-Taxscan.jpg "CBEC Clarifies Issues on Applicability of GST on Goods Transferred / Sold while being Deposited in a Warehouse [Read Circular]")
Amount Paid during the Pendency of Appeals shall be first adjusted to the Tax Arrears under the ‘Karasamadhana’ Scheme: Karnataka HC [Read Judgment]
The Karnataka High Court, while considering a series of petitions filed by the dealers under the Karnataka Value Added Tax, 2003, ruled that under the new amnesty scheme of the Karnataka Government,...
![Amount Paid during the Pendency of Appeals shall be first adjusted to the Tax Arrears under the ‘Karasamadhana’ Scheme: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Karnataka-High-Court-Tax-Scan.jpg "Amount Paid during the Pendency of Appeals shall be first adjusted to the Tax Arrears under the ‘Karasamadhana’ Scheme: Karnataka HC [Read Judgment]")