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CBDT signs MoU with SEBI on Sharing of Data and Information
A formal Memorandum of Understanding (MoU) was signed today between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of...
![COVID-19: SEBI relaxes Compliance with certain provisions of the SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015 (ILDM Regulations) [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/07/SEBI-Taxscan.jpg "COVID-19: SEBI relaxes Compliance with certain provisions of the SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015 (ILDM Regulations) [Read Circular]")
![NCLAT extends Term of office of Officiating Chairperson [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/NCLAT-Taxscan.jpg "NCLAT extends Term of office of Officiating Chairperson [Read Notification]")
![MCA extends Deadline of filing of Form NFRA-2 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/07/NFRA-2.jpeg "MCA extends Deadline of filing of Form NFRA-2 [Read Circular]")
Interest Income from FDRs can be treated as Business Income If Assessee proves that such FDR is essential/necessary for obtaining the Contract: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT), recently held that the interest income from FDRs can be treated as business income if the assessee proves that the same is...
![Interest Income from FDRs can be treated as Business Income If Assessee proves that such FDR is essential/necessary for obtaining the Contract: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/interest-income-FDRs-business-income-assessee-Taxscan.jpeg "Interest Income from FDRs can be treated as Business Income If Assessee proves that such FDR is essential/necessary for obtaining the Contract: ITAT [Read Order]")
![Capital Gain Tax payable in the absence of deposit in Capital Gain Account Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Capital-Gain-ITAT-Taxscan.jpg "Capital Gain Tax payable in the absence of deposit in Capital Gain Account Scheme: ITAT [Read Order]")
