![Sec 14A cannot be invoked when Investment in the Subsidiaries was shown as Non-Current Assets in the Balance Sheet: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Investment-Taxscan.jpg "Sec 14A cannot be invoked when Investment in the Subsidiaries was shown as Non-Current Assets in the Balance Sheet: ITAT [Read Order]")
Sec 14A cannot be invoked when Investment in the Subsidiaries was shown as Non-Current Assets in the Balance Sheet: ITAT [Read Order]
Mumbai bench of Income Tax Appellate Tribunal has held that Section 14A of the Income Tax Act 1961 cannot be invoked when investment in the...
![A Co-operative Society registered as Primary Agricultural Credit Society is entitled to 80P Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Credit-Co-Operative-Society-Taxscan.jpg "A Co-operative Society registered as Primary Agricultural Credit Society is entitled to 80P Deduction: ITAT [Read Order]")
![Note Books and Diaries seized from Wife of the Assessee can’t be treated as Books of Accounts: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Assessing-Officer-ITAT-Taxscan.jpg "Note Books and Diaries seized from Wife of the Assessee can’t be treated as Books of Accounts: ITAT Deletes Addition [Read Order]")
![HC Denies Benefit of S. 80IA since Filling or Leveling of the Earth of the Projects which is part of Development had commenced prior to 1.10.1998 [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "HC Denies Benefit of S. 80IA since Filling or Leveling of the Earth of the Projects which is part of Development had commenced prior to 1.10.1998 [Read Judgment]")
If SCN against main Noticee is Set Aside, It would Automatically Invalidate the Proposals against Co-Noticees: CESTAT [Read Order]
The Chennai bench of the Customs Excise and Service tax Appellate Tribunal (CESTAT), recently held that if a Show Cause Notice (SCN) against main Noticee is set aside, it would result in deleting the...
Sale of Equipments to Educational Institutions Established by Govt attracts Lower VAT even without C/D Forms: Madras HC [Read Judgment]
Madras High Court held in M/s.Biojenik Engineering (P) Ltd. v. CTO, held that the sale of equipments to educational institutions established by Government attracts lower tax under the Tamil Nadu Value...
![Sale of Equipments to Educational Institutions Established by Govt attracts Lower VAT even without C/D Forms: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Sale of Equipments to Educational Institutions Established by Govt attracts Lower VAT even without C/D Forms: Madras HC [Read Judgment]")
Independent Directors are watch persons of Corporate entities; Capacity development of Independent Directors is very essential, says MoS P.P. Chaudhary
The Union Minister of State for Ministry of Law, Justice and Corporate Affairs, P P Chaudhary said that Independent Directors are watchpersons of Corporate entities. The MOS (Law, Justice and...
HC Dismisses Writ Petition challenging Detention of Goods since Assessee has Alternative Revisional Remedy [Read Judgment]
The High Court of Madras dismissed the writ petition filed by the assessee who challenging detention of goods since the assessee has an alternative remedy of filing a revision petition under the...
![HC Dismisses Writ Petition challenging Detention of Goods since Assessee has Alternative Revisional Remedy [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "HC Dismisses Writ Petition challenging Detention of Goods since Assessee has Alternative Revisional Remedy [Read Judgment]")