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![Taxability of Commission/Bonus to Employee: Madras High Court allows Deduction u/s 36(1)(ii) of the Income Tax Act [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Taxability-of-Commission-Bonus-to-Employee-Madras-High-Court-deduction-Income-Tax-Act-taxscan.jpg "Taxability of Commission/Bonus to Employee: Madras High Court allows Deduction u/s 36(1)(ii) of the Income Tax Act [Read Judgment]")
Taxability of Commission/Bonus to Employee: Madras High Court allows Deduction u/s 36(1)(ii) of the Income Tax Act [Read Judgment]
The Madras High Court, while hearing an appeal regarding the taxability of commission/bonus paid to the employees under deduction under section...
![CESTAT quashes Countervailing Duty of 2.47% on Continuous Cast Copper Wire [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/CESTAT-countervailing-duty-Continuous-Cast-Copper-Wire-Taxscan.jpg "CESTAT quashes Countervailing Duty of 2.47% on Continuous Cast Copper Wire [Read Order]")
![Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Certified-Emission-Reduction-Credit-Clean-Development-Mechanism-wind-energy-operations-capital-receipt-Madras-High-court-Taxscan.jpeg "Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]")
![Income of Assessee to be estimated at 8% of the gross turnover, if books of accounts not maintained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Income-of-the-assessee-gross-turnover-books-of-accounts-ITAT-Taxscan.jpeg "Income of Assessee to be estimated at 8% of the gross turnover, if books of accounts not maintained: ITAT [Read Order]")
![Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Insolvency-Banruptancy-Code-Writ-Jurisdiction-IBC-Calcutta-High-Court-Taxscan.jpg "Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]")
![Tripura High Court orders Authority to unblock GST Account on its official portal [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Tripura-High-Court-Authority-GST-official-portal-Taxscan.jpg "Tripura High Court orders Authority to unblock GST Account on its official portal [Read Order]")
Additional Director General of DRI was not the Proper Officer to exercise the Power under Section 28(4) and initiate Recovery Proceedings under Customs Act: Supreme Court [Read Judgment]
The Supreme Court while giving relief to Canon India ruled that Additional Director General of the Directorate of Revenue Intelligence (DRI) was not the proper officer to exercise the power under...
![Additional Director General of DRI was not the Proper Officer to exercise the Power under Section 28(4) and initiate Recovery Proceedings under Customs Act: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-DRI-Additional-Director-General-Recovery-Proceedings-Customs-Act-Taxscan.jpeg "Additional Director General of DRI was not the Proper Officer to exercise the Power under Section 28(4) and initiate Recovery Proceedings under Customs Act: Supreme Court [Read Judgment]")
GST: Benefit of Input Tax Credit can’t be denied for entering the details in Wrong Column: Madras High Court [Read Order]
The Madras High Court held that the benefit of input tax credit (ITC) cannot be denied for having entered the details in the wrong column. The petitioner, M/s.Ram Auto is a dealer in two-wheelers....
![GST: Benefit of Input Tax Credit can’t be denied for entering the details in Wrong Column: Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-Benefit-of-Input-Tax-Credit-Madras-High-Court-Taxscan.jpg "GST: Benefit of Input Tax Credit can’t be denied for entering the details in Wrong Column: Madras High Court [Read Order]")
![GST: Kerala High Court stays demand of IGST on Ocean Freight [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-Kerala-High-Court-IGST-Ocean-Freight-Taxscan.jpeg "GST: Kerala High Court stays demand of IGST on Ocean Freight [Read Order]")