![No Capital Gain Tax on Income from Relinquishment of Right: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/Relinquishment-capital-gain-tax-ITAT-Taxscan.jpg "No Capital Gain Tax on Income from Relinquishment of Right: ITAT [Read Order]")
No Capital Gain Tax on Income from Relinquishment of Right: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the income from the relinquishment of right over a property cannot be treated as...
![Market Value of Property reduced due to Litigation and Defect in Title, Section 50C can’t be applied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/Market-Value-ITAT-Taxscan.jpg "Market Value of Property reduced due to Litigation and Defect in Title, Section 50C can’t be applied: ITAT [Read Order]")
![CBIC notifies Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/sea-cargo-CBIC-Transhipment-Taxscan.jpg "CBIC notifies Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2020 [Read Notification]")
No Penalty for ‘Escapement of Income’ if Assessee disclosed All Material Facts Fully and Truly: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty cannot be imposed if the assessee has disclosed full and true material facts for assessment. The income tax...
![No Penalty for ‘Escapement of Income’ if Assessee disclosed All Material Facts Fully and Truly: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/penalty-ITAT-Escapement-Income-Assessee-Taxscan.jpg "No Penalty for ‘Escapement of Income’ if Assessee disclosed All Material Facts Fully and Truly: ITAT [Read Order]")
DGFT notifies Application for CoO of India’s Exports to Thailand will be submitted through E-CoO platform under ASEAN-India FTA
The Director-General of Foreign Trade (DGFT) on Friday issued the preferential certificate of origin (CoO) of India’s exports to Thailand. The application of CoO will be submitted through E-CoO from...
![GST: Delhi Govt extends due date for filing Annual Return [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/Annual-Return-Delhi-GST-Delhi-Government-Taxscan.jpg "GST: Delhi Govt extends due date for filing Annual Return [Read Notification]")
ICAI launches of 2 New Chapters in Luxembourg & Fujairah and 12 Representative Offices in a Virtual Event
The Institute of Chartered Accountants of India (ICAI launches of 2 New Chapters & 12 Representative Offices in a Virtual Event Continuing its efforts to expand its global presence and footprints,...
DGFT notifies Procedure & Criteria for Submission of Application for Export of Diagnostic Kits; â…” Ply Surgical Masks & Medical Goggles
The Director-General of Foreign Trade (DGFT) on Thursday notified the procedure and criteria for submission of application for the export of Diagnostic Kits; â…” Ply Surgical Masks and Medical Goggles. ...
