![ITAT quashes Addition of alleged Unexplained Investment as Assessee discharged Onus of Explaining Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-unexplained-investment-explaining-transactions-Taxscan.jpg "ITAT quashes Addition of alleged Unexplained Investment as Assessee discharged Onus of Explaining Transactions [Read Order]")
ITAT quashes Addition of alleged Unexplained Investment as Assessee discharged Onus of Explaining Transactions [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench quashed the addition of alleged unexplained investment as the assessee discharged the onus...
![SEBI notifies New Disclosure Norms on Business Responsibility and Sustainability Reporting by Listed Entities [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/SEBI-Business-responsibility-Taxscan.jpg "SEBI notifies New Disclosure Norms on Business Responsibility and Sustainability Reporting by Listed Entities [Read Circular]")
![GST Evasion: Patiala House Court refuses to grant Anticipatory Bail to person accused of Fraudulently availing ITC and committed fraud to tune of Rs. 45 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/GST-Evasion-Patiala-House-Court-Anticipatory-Bail-ITC-fraud-Taxscan.jpg "GST Evasion: Patiala House Court refuses to grant Anticipatory Bail to person accused of Fraudulently availing ITC and committed fraud to tune of Rs. 45 Cr [Read Order]")
Deduction u/s 80IA(4) granted in First Year can't be denied in Subsequent Years, Unless Change in Original Terms and Conditions: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench ruled that the deduction under section 80IA(4) granted in first year cannot be denied in subsequent years, unless change in original terms...
![Deduction u/s 80IA(4) granted in First Year cant be denied in Subsequent Years, Unless Change in Original Terms and Conditions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Deduction-original-terms-and-conditions-ITAT-Taxscan.jpg "Deduction u/s 80IA(4) granted in First Year cant be denied in Subsequent Years, Unless Change in Original Terms and Conditions: ITAT [Read Order]")
Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench while deleting the addition ruled that the encashment of bank guarantee is incurred in the normal course of business. The assessee, Ogene...
![Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Encashment-of-bank-guarantee-normal-course-of-business-ITAT-taxscan.jpeg "Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]")
Delhi HC stays Assessment Order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence Linking Assessee and Other person [Read Order]
The Delhi High Court stayed the assessment order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence linking the assessee and the other person. The petitioner,...
![Delhi HC stays Assessment Order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence Linking Assessee and Other person [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Delhi-HC-assessment-order-Section-153C-of-the-Income-Tax-Act-linking-assessee-Taxscan.jpg "Delhi HC stays Assessment Order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence Linking Assessee and Other person [Read Order]")
SFI approaches Supreme Court seeking waive off GST on Oxygen Concentrators for Personal use [Read Petition]
The Students Federation of India (SFI) has knocked on the doors of the Apex Court seeking directions to provide Free COVID vaccination to all citizens and to waive off the Goods and Service Tax (GST)...
![SFI approaches Supreme Court seeking waive off GST on Oxygen Concentrators for Personal use [Read Petition]](https://www.taxscan.in/wp-content/uploads/2021/05/SFI-Supreme-Court-GST-Waive-Off-GST-on-Oxygen-Concentrators-Oxygen-Concentrators-Taxscan.jpg "SFI approaches Supreme Court seeking waive off GST on Oxygen Concentrators for Personal use [Read Petition]")
