![Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/54EC-Bond.jpg "Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]")
Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]
In the case of Jitender Singh Marvaha vs. D.DI.T, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the number of sale...
![Doctrine of Revenue Neutrality Applicable when Assessee not reversing Cenvat Credit on Inputs and Sister Concerns are also eligible to take Credit: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Revenue-Neutrality-Taxscan.jpg "Doctrine of Revenue Neutrality Applicable when Assessee not reversing Cenvat Credit on Inputs and Sister Concerns are also eligible to take Credit: Bombay HC [Read Judgment]")
![S. 153A can’t be invoked when Revenue got Prior Information and No Corroborative Evidence was found from Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "S. 153A can’t be invoked when Revenue got Prior Information and No Corroborative Evidence was found from Search: ITAT [Read Order]")
Society engaged in implementing Welfare Scheme of State Govt to provide Mid-day-Meals to Students in Schools is eligible for Tax Exemption: Allahabad HC [Read Judgment]
Allahabad High Court recently ruled that society engaged in implementing welfare scheme of the State Government to provide mid-day-meals to students in schools is eligible for 12A Registration for...
![Society engaged in implementing Welfare Scheme of State Govt to provide Mid-day-Meals to Students in Schools is eligible for Tax Exemption: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/09/Charitable-Activities-Taxscan.jpg "Society engaged in implementing Welfare Scheme of State Govt to provide Mid-day-Meals to Students in Schools is eligible for Tax Exemption: Allahabad HC [Read Judgment]")
![Revisional Assessment is Void since It is merely a Second Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Revisional-Assessment-Taxscan.jpg "Revisional Assessment is Void since It is merely a Second Opinion: ITAT [Read Order]")
CBEC decides not to file Review Petitions and SLPs in 63 cases to Reduce Litigations [Read Circular]
The Central Board of Excise and Customs ( CBEC ) has issued Circular No. 1063/2/2018-CX dated 16.02.2018 on the subject “Orders of Supreme Court, High Courts and CESTAT accepted by the Department and...
ICAI Extends due date for Online Application for Empanelment of Chartered Accountants Firms/LLPs with CAG
The Institute of Chartered Accountants of India (ICAI) today extended the last date for submission of Online Application for Empanelment of Chartered Accountants Firms/LLPs with O/o C&AG for the...
Provisions of Deemed Dividend applicable only to extent of ‘Accumulated Profits’ and not to Capital Subsidy/Grant: ITAT [Read Order]
In Vinod Kumar Mittal v. Income Tax Officer (ITO), the Jaipur bench of the Income Tax Appellate Tribunal (ITA) recently held that the provisions of deemed dividend under section 2(22)(e) of the Income...
![Provisions of Deemed Dividend applicable only to extent of ‘Accumulated Profits’ and not to Capital Subsidy/Grant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Provisions of Deemed Dividend applicable only to extent of ‘Accumulated Profits’ and not to Capital Subsidy/Grant: ITAT [Read Order]")