Finance Ministry holds interaction with Tax Professionals, other stakeholders and Infosys on issues in new Income Tax Portal
A meeting was held between senior officials of the Finance Ministry and Infosys on 22.06.2021 on issues in the new Income Tax Portal. The meeting was...
ITAT directs Charitable Trust to submit Requisite Documents to CIT to seek Registration u/s 12A [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench directed the charitable trust to submit requisite documents to CIT(Exemption) to seek registration under section 12A of the Income Tax Act. ...
![ITAT directs Charitable Trust to submit Requisite Documents to CIT to seek Registration u/s 12A [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-charitable-trust-requisite-documents-CITExemption-Taxscan.jpg "ITAT directs Charitable Trust to submit Requisite Documents to CIT to seek Registration u/s 12A [Read Order]")
Once Export obligation fulfilled, Manufacturer can’t be Constrained to clear particular Products in DTA in proportion to Export of specific product: CESTAT [Read Order]
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Mumbai Bench ruled that once the export obligation is fulfilled, manufacturers can not be constrained to clear particular products in...
![Once Export obligation fulfilled, Manufacturer can’t be Constrained to clear particular Products in DTA in proportion to Export of specific product: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/export-obligation-DTA-export-of-specific-product-CESTAT-Taxscan.jpg "Once Export obligation fulfilled, Manufacturer can’t be Constrained to clear particular Products in DTA in proportion to Export of specific product: CESTAT [Read Order]")
Settlement Commission ought to reject application on failure of Assessee to make full and true disclosure of Undisclosed Income: Madras HC [Read Order]
The Madras High Court held that the Settlement Commission ought to have rejected the application on the failure of the assessee to make full and true disclosure of undisclosed income. The...
![Settlement Commission ought to reject application on failure of Assessee to make full and true disclosure of Undisclosed Income: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Settlement-Commission-undisclosed-income-Madras-High-Court-Taxscan.jpeg "Settlement Commission ought to reject application on failure of Assessee to make full and true disclosure of Undisclosed Income: Madras HC [Read Order]")
ITAT deletes Addition as Assessee Discharged Initial Onus to Prove Identity of Investor Companies, Creditworthiness, Genuineness of Transaction [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the addition as assessee discharged initial onus to prove identity of Investor Companies, creditworthiness, genuineness of...
![ITAT deletes Addition as Assessee Discharged Initial Onus to Prove Identity of Investor Companies, Creditworthiness, Genuineness of Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-Addition-Investor-Companies-Creditworthiness-Genuineness-of-Transaction-Taxscan.jpg "ITAT deletes Addition as Assessee Discharged Initial Onus to Prove Identity of Investor Companies, Creditworthiness, Genuineness of Transaction [Read Order]")
Reassessment to be carried on Valuation and Loading of Value of Imported Goods declared by Importer: Customs Commissioner [Read Order]
The Commission of Customs (Appeals) while remitting the matter to the Original Adjudicating Authority said that the Reassessment to be carried in respect of valuation and loading of value of imported...
![Reassessment to be carried on Valuation and Loading of Value of Imported Goods declared by Importer: Customs Commissioner [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Reassessment-valuation-and-loading-of-value-of-imported-goods-importer-Custom-Commissioner-Original-Adjudicating-Authority-Taxscan.jpg "Reassessment to be carried on Valuation and Loading of Value of Imported Goods declared by Importer: Customs Commissioner [Read Order]")