![Karnataka High Court orders Conditional Release of Rs.53.46 lakh cash Seized from associates of D.K Shivkumar [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Karnataka-High-Court-Conditional-Release-cash-Seized-DK-Shivkumar-Taxscan.jpg "Karnataka High Court orders Conditional Release of Rs.53.46 lakh cash Seized from associates of D.K Shivkumar [Read Order]")
Karnataka High Court orders Conditional Release of Rs.53.46 lakh cash Seized from associates of D.K Shivkumar [Read Order]
The Karnataka High Court ordered the conditional release of Rs.53.46 lakh cash seized from a private company and an individual during raids conducted...
![CBDT notifies Amendment in FORM NO. 12BA under Income Tax Rules, 1962 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/CBDT-notifies-amendment-FORM-NO.-12BA-Income-tax-Rules-Taxscan.jpg "CBDT notifies Amendment in FORM NO. 12BA under Income Tax Rules, 1962 [Read Notification]")
![Taxable person’s Bank Account can only be Attached and not his Family Members: Bombay High Court directs Provisional Release [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Taxable-person-bank-account-Bombay-High-Court-Provisional-Release-taxscan.jpeg "Taxable person’s Bank Account can only be Attached and not his Family Members: Bombay High Court directs Provisional Release [Read Order]")
![Haryana Govt. extends the Time Limit for GST and VAT Compliance [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2021/03/Haryana-Government-extends-time-limit-GST-VAT-compliance-Taxscan.jpeg "Haryana Govt. extends the Time Limit for GST and VAT Compliance [Read Notifications]")
![GST: CBIC issues Clarification on Refund related issues [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-CBIC-Clarification-on-Refund-Taxscan.jpg "GST: CBIC issues Clarification on Refund related issues [Read Circular]")
Writ Petition not maintainable since alternative Statutory Remedy available under SVLDR Scheme: Delhi High Court [Read Judgment]
The Delhi High Court dismissed the petition on the ground that the challenge to Show Cause Notice (SCN) is not maintainable as the petitioner still has its statutory remedies Sabka Vishwas (Legacy...
![Writ Petition not maintainable since alternative Statutory Remedy available under SVLDR Scheme: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Writ-Petition-alternative-Statutory-Remedy-SVLDR-Scheme-Delhi-High-Court-Taxscan.jpg "Writ Petition not maintainable since alternative Statutory Remedy available under SVLDR Scheme: Delhi High Court [Read Judgment]")
Scrutiny Assessment can’t be framed in absence of a Valid Notice, omission to issue notice, not a curable defect: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench ruled that the scrutiny assessment can not be framed in absence of a valid notice and the omission to issue notice is not a curable defect. ...
![Scrutiny Assessment can’t be framed in absence of a Valid Notice, omission to issue notice, not a curable defect: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Scrutiny-assessment-valid-notice-omission-issue-notice-curable-defect-ITAT-Taxscan.jpeg "Scrutiny Assessment can’t be framed in absence of a Valid Notice, omission to issue notice, not a curable defect: ITAT [Read Order]")
![ITAT allows Deduction u/s 80IA to a Developer paid by Government [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-Deduction-80IA-developer-Government-Taxscan.jpg "ITAT allows Deduction u/s 80IA to a Developer paid by Government [Read Order]")
Addition for Unexplained Cash Credit justified in respect of Unexplained Creditors shown as Bogus: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench ruled that the addition for unexplained cash credit is justified in respect of unexplained creditors shown as bogus. The AO asked the...
![Addition for Unexplained Cash Credit justified in respect of Unexplained Creditors shown as Bogus: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/unexplained-cash-credit-unexplained-creditors-bogus-ITAT-Taxscan.jpg "Addition for Unexplained Cash Credit justified in respect of Unexplained Creditors shown as Bogus: ITAT [Read Order]")
![ITAT refuses to delete Addition of Rs.27.39 Crores as Taxable Long Term Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-long-term-capital-gain-Taxscan.jpeg "ITAT refuses to delete Addition of Rs.27.39 Crores as Taxable Long Term Capital Gain [Read Order]")
Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]
The Delhi High Court while giving relief to the startups from angel tax ruled that if a proper methodology is followed while valuing a company during valuation rounds, it should not be challenged...
![Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Angel-Tax-Startups-Delhi-High-Court-Valuation-Taxscan.jpg "Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]")