ITAT directs production of Documentary Evidence in Support of Medical Services provided to Poor and Rural Areas so as to avail exemption
The Income Tax Appellate Tribunal (ITAT), Allahabad bench directed the production of documentary evidence in support of medical services...
![Mere Unrecognized Method followed by Assessee to Compute Taxable Income can’t be Estoppel: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Mere-unrecognized-compute-taxable-income-estoppel-ITAT-Taxscan-opengraph.jpeg "Mere Unrecognized Method followed by Assessee to Compute Taxable Income can’t be Estoppel: ITAT [Read Order]")
![Section 11 Exemption: ITAT remits the matter to AO for fresh consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Section-11-Exemption-ITAT-AO-fresh-consideration-Taxscan.jpeg "Section 11 Exemption: ITAT remits the matter to AO for fresh consideration [Read Order]")
![CESTAT frees M/S Shree rolling mill from Charge of Clandestine removal for want of Cogent evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/CESTAT-MS-Shree-rolling-mill-clandestine-removal-cogent-evidence-taxscan.jpeg "CESTAT frees M/S Shree rolling mill from Charge of Clandestine removal for want of Cogent evidence [Read Order]")
Disallowance under S.40A(3) Income Tax Act not Allowed where Genuineness Of Transaction not Doubted: ITAT [Read Order]
The Income Tax Appellate Tribunal, Delhi Bench “D”, reverses application of Disallowance under Sec.40A(3) of Income Tax Act as the genuineness of the transaction was not doubted by the...
![Disallowance under S.40A(3) Income Tax Act not Allowed where Genuineness Of Transaction not Doubted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Disallowance-IT-Act-Genuineness-Of-Transaction-ITAT-Taxscan.jpeg "Disallowance under S.40A(3) Income Tax Act not Allowed where Genuineness Of Transaction not Doubted: ITAT [Read Order]")
RBI specifies entities as qualified Financial Market participants to deal in qualified Financial Contracts [Read Notification]
The Reserve Bank of India (RBI) specified entities as qualified financial market participants to deal in qualified financial contracts. In exercise of the powers conferred by clause (a) of...
![RBI specifies entities as qualified Financial Market participants to deal in qualified Financial Contracts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/RBI-financial-market-participants-qualified-financial-contracts-taxscan.jpeg "RBI specifies entities as qualified Financial Market participants to deal in qualified Financial Contracts [Read Notification]")
Deposit Work by U.P. Power Transmission Corp. part of Transmission, Distribution of Electricity is Composite Supply: AAAR [Read Order]
The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) ruled that Deposit work by Uttar Pradesh Power Transmission Corporation is a part of the transmission and distribution of electricity,...
![Deposit Work by U.P. Power Transmission Corp. part of Transmission, Distribution of Electricity is Composite Supply: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Deposit-work-U.P.-Power-Transmission-Corp-transmission-distribution-of-electricity-composite-supply-AAAR-taxscan.jpeg "Deposit Work by U.P. Power Transmission Corp. part of Transmission, Distribution of Electricity is Composite Supply: AAAR [Read Order]")
MCA notifies effective date for implementation of changes in provisions of Independent Director and Remuneration to Directors inserted by Companies (Amendment) Act, 2020
The Ministry of Corporate Affairs notified the 18th March, 2021 as the effective date for implementation of changes in provision of Independent Director and Remuneration to Directors inserted by...
