Income Tax Search and Seizure: Application of seized assets during the course of an Income Tax search towards the self assessment tax liability of an assessee- whether permissible
Introduction: The application of assets seized during the course of search and seizure action is governed by the provisions of Section 132B of the...
![Bombay High Court directs Designated Committee to consider fresh declaration and grant the consequential relief under SVLDR Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Bombay-High-court-Designated-Committee-fresh-declaration-SVLDR-Scheme-Taxscan.jpg "Bombay High Court directs Designated Committee to consider fresh declaration and grant the consequential relief under SVLDR Scheme [Read Order]")
Relief to ICICI: Banks can avail CENVAT Credit of Service Tax paid on Insurance Service received from Deposit Insurance Corporation, says Bombay High Court [Read Order]
The Bombay High Court held that the banks can avail CENVAT credit of service tax paid on insurance service received from Deposit Insurance Corporation. The ICICI Bank has filed a petition wherein...
![Relief to ICICI: Banks can avail CENVAT Credit of Service Tax paid on Insurance Service received from Deposit Insurance Corporation, says Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ICICI-Banks-CENVAT-Credit-Service-Tax-Insurance-Service-Deposit-Insurance-Corporation-Bombay-High-Court-Taxscan.jpg "Relief to ICICI: Banks can avail CENVAT Credit of Service Tax paid on Insurance Service received from Deposit Insurance Corporation, says Bombay High Court [Read Order]")
Bombay High Court directs Customs Authorities to release the Seized Imported In-shell Pistachio Nut [Read Order]
The Bombay High Court directed the Customs Authorities to release the Seized Imported In Shell pistachio nut. The petitioner, Exim Incorporation is engaged in the business of importing...
![Bombay High Court directs Customs Authorities to release the Seized Imported In-shell Pistachio Nut [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Bombay-High-Court-Customs-Authorities-Seized-Imported-In-shell-pistachio-nut-Taxscan.jpeg "Bombay High Court directs Customs Authorities to release the Seized Imported In-shell Pistachio Nut [Read Order]")
![SEBI issues procedure for e-Voting Facility provided by Listed Entities [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/12/SEBI-e-Voting-Facility-Listed-Entities-Taxscan.jpg "SEBI issues procedure for e-Voting Facility provided by Listed Entities [Read Circular]")
Indian Oil can’t make declaration under SVLDRS for Superior Kerosene Oil as it is an excisable goods even if GST is levied: Allahabad High Court [Read Judgment]
The Allahabad High Court held that Superior Kerosene Oil (SKO) shall continue to be an excisable goods even if GST on the supply of Kerosene Oil is levied. So Indian Oil was not eligible to make a...
![Indian Oil can’t make declaration under SVLDRS for Superior Kerosene Oil as it is an excisable goods even if GST is levied: Allahabad High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Indian-Oil-SVLDRS-Superior-Kerosene-Oil-excisable-goods-GST-Allahabad-High-Court-Taxscan.jpg "Indian Oil can’t make declaration under SVLDRS for Superior Kerosene Oil as it is an excisable goods even if GST is levied: Allahabad High Court [Read Judgment]")
GST on Mining: Plea in Punjab & Haryana HC challenges validity of levy of Tax on Payment of Royalty to State Govt.
The Punjab and Haryana High Court has issued a notice of motion on plea challenging the validity of the levy of tax on the payment of royalty made to the Govt. of Punjab for mineral rights under...
Delhi High Court dismisses plea seeking to quash Warrant of Authorization and declare Search and Seizure illegal [Read Judgment]
The Delhi High Court quashed the plea seeking to dismiss the Warrant of Authorization (WoA) and declare search and seizure illegal. The petitioners, wife and husband, by way of separate writ...
![Delhi High Court dismisses plea seeking to quash Warrant of Authorization and declare Search and Seizure illegal [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Delhi-High-Court-plea-seeking-Warrant-of-Authorization-declare-Search-Seizure-illegal-Taxscan.jpeg "Delhi High Court dismisses plea seeking to quash Warrant of Authorization and declare Search and Seizure illegal [Read Judgment]")
![RBI to launch of RTGS 24x7 on December 14, 2020 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/12/RBI-RTGS-24x7-RTGS-Taxscan-1.jpg "RBI to launch of RTGS 24x7 on December 14, 2020 [Read Circular]")