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Penalty cannot be imposed on Central Bank of India for non-deduction of TDS on Interest earned on FDs of NOIDA: Allahabad HC
In a recent ruling, a division bench of the Allahabad High Court held that the assessee-Bank  cannot be treated as assesse-in-default for...
![Appeals Related to Penalty only can be settled through the Direct Tax Dispute Resolution Scheme, 2016: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Kerala-High-Court-Tax-Scan.jpg "Appeals Related to Penalty only can be settled through the Direct Tax Dispute Resolution Scheme, 2016: Kerala HC [Read Judgment]")
![Govt Notifies IT Exemption to Noida SEZ Authority and Odisha State Pollution Control Board [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "Govt Notifies IT Exemption to Noida SEZ Authority and Odisha State Pollution Control Board [Read Notification]")
Treatment of Income by the Dept for Past Years cannot be the Sole Basis of Addition: Jammu & Kashmir HC [Read Judgment]
While remitting a matter back to the files of the Appellate Tribunal, the Jammu and Kashmir High Court held that the department cannot treat the income from share transaction as Assessee’s “Business...
![Treatment of Income by the Dept for Past Years cannot be the Sole Basis of Addition: Jammu & Kashmir HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/07/Jammu-Kashmir-High-Court.jpg "Treatment of Income by the Dept for Past Years cannot be the Sole Basis of Addition: Jammu & Kashmir HC [Read Judgment]")
![Delhi HC deletes Addition made on the basis of a Handwritten Loose Paper [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Delhi HC deletes Addition made on the basis of a Handwritten Loose Paper [Read Order]")
CBEC to Go Liberal in Enforcing Penal provisions for Initial Six Months of GST Implementation, says CBEC Chairman
“We look forward to assisting and facilitating industry in the adoption of GST in all possible ways. CBEC will help industry in the transition to GST and our enforcement machinery will be liberal in...
