![GST: CBIC issues Instructions on Procedures to be followed during Search Operation [Read Instruction]](https://www.taxscan.in/wp-content/uploads/2021/02/GST-CBIC-Instructions-on-Procedures-Search-Operation-Taxscan.jpg "GST: CBIC issues Instructions on Procedures to be followed during Search Operation [Read Instruction]")
GST: CBIC issues Instructions on Procedures to be followed during Search Operation [Read Instruction]
The Central Board of Indirect Taxes and Customs (CBIC) noticed the guidelines regarding procedures to be followed during the Search Operation. The...
![ITAT deletes addition, since Loan Transaction was suspected without pointing any defect in Bank Transfer, Bank Statement of Money Lender [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/bank-transfer-1.jpg "ITAT deletes addition, since Loan Transaction was suspected without pointing any defect in Bank Transfer, Bank Statement of Money Lender [Read Order]")
Genuineness of Transactions can't be doubted since All Payments were made through Banking Channel: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench deleted the addition as all payments made through the banking channel. The assessee, M/s. Sreeleathers had filed return of income disclosing...
![Genuineness of Transactions cant be doubted since All Payments were made through Banking Channel: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Genuineness-of-Transactions-All-Payments-Banking-Channel-ITAT-Taxscan.jpeg "Genuineness of Transactions cant be doubted since All Payments were made through Banking Channel: ITAT deletes Addition [Read Order]")
Delhi HC issues notice to Central Government on plea challenging non-providing of field in MCA Portal for Advocates to register Companies/ LLPs on behalf of clients [Read Order]
The Delhi High Court issued the notice to the Central Government on a plea challenging non-providing of the field in MCA Portal for Advocates to register companies/ LLPs on behalf of clients. The...
![Delhi HC issues notice to Central Government on plea challenging non-providing of field in MCA Portal for Advocates to register Companies/ LLPs on behalf of clients [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Delhi-High-Court-Central-Government-plea-challenging-MCA-Portal-LLP-Taxscan.jpeg "Delhi HC issues notice to Central Government on plea challenging non-providing of field in MCA Portal for Advocates to register Companies/ LLPs on behalf of clients [Read Order]")
Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]
The Supreme Court held that Section 10A of the Insolvency and Bankruptcy Code (IBC) barred filing of applications for the commencement of the CIRP in respect of a corporate debtor for a default...
![Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Retrospective-bar-CIRP-Supreme-Court-Taxscan.jpg "Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]")
Internal financial arrangements to Fund Expenditure can’t disentitle assessee to claim Employee benefit expenses, Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that internal financial arrangements to fund expenditure can not disentitle assessee to claim employee benefit expenses and...
![Internal financial arrangements to Fund Expenditure can’t disentitle assessee to claim Employee benefit expenses, Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Internal-financial-arrangements-fund-expenditure-assessee-employee-benefit-expenses-depreciation-ITAT-Taxscan.jpg "Internal financial arrangements to Fund Expenditure can’t disentitle assessee to claim Employee benefit expenses, Depreciation: ITAT [Read Order]")
Allahabad HC directs Central Govt. to create State Bench of GSTAT at Prayagraj and Area Benches at Ghaziabad, Lucknow, Varanasi, Agra [Read Judgment]
The Allahabad High Court directed the Central Government to create a State Bench of Goods and Service Tax Appellate Tribunal (GSTAT) at Prayagraj and Area Benches at Ghaziabad, Lucknow, Varanasi, and...
![Allahabad HC directs Central Govt. to create State Bench of GSTAT at Prayagraj and Area Benches at Ghaziabad, Lucknow, Varanasi, Agra [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/GSTAT-Allahabad-High-Court-central-government-Taxscan.jpg "Allahabad HC directs Central Govt. to create State Bench of GSTAT at Prayagraj and Area Benches at Ghaziabad, Lucknow, Varanasi, Agra [Read Judgment]")