![Resolution Framework 2.0: RBI notifies Resolution of Covid-19 related stressed MSMEs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/Resolution-Framework-2.0-RBI-Resolution-of-Covid-19-MSMEs-Taxscan.jpeg "Resolution Framework 2.0: RBI notifies Resolution of Covid-19 related stressed MSMEs [Read Notification]")
Resolution Framework 2.0: RBI notifies Resolution of Covid-19 related stressed MSMEs [Read Notification]
The Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday announced Resolution Framework 2.0 for COVID related stressed assets of...
![CBDT notifies Relaxation in Cash Payments of more than 2 Lakhs in Hospitals providing Covid Treatment [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/CBDT-Cash-Payments-Covid-Treatments-Relaxation-in-Cash-Payments-Hospitals-Taxscan.jpg "CBDT notifies Relaxation in Cash Payments of more than 2 Lakhs in Hospitals providing Covid Treatment [Read Notification]")
![GST: Delhi High Court sets Timelines for SNN Business Services to clear Tax Dues in installments [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/GST-Delhi-High-Court-SNN-Business-Services-Tax-Dues-in-instalments-Taxscan.jpg "GST: Delhi High Court sets Timelines for SNN Business Services to clear Tax Dues in installments [Read Order]")
![Secretarial Compliance Report mandatory for Listed Companies: SEBI [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/Secretarial-compliance-report-companies-SEBI-Taxscan.jpg "Secretarial Compliance Report mandatory for Listed Companies: SEBI [Read Notification]")
Relief to SPNN Business Services: Delhi HC lifts Provisional Attachment of Bank Account so as to pay Salaries of Employees [Read Order]
The Delhi High Court has recently lifted the provisional attachment of the 11 Bank Accounts of SPNN Business Services so as to pay the salaries of the employees. The...
![Relief to SPNN Business Services: Delhi HC lifts Provisional Attachment of Bank Account so as to pay Salaries of Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/SPNN-Business-Services-Delhi-HC-provisional-attachment-Bank-Account-taxscan-1.jpg "Relief to SPNN Business Services: Delhi HC lifts Provisional Attachment of Bank Account so as to pay Salaries of Employees [Read Order]")
Credit allowable on Service Tax paid on GTA Services availed for Transportation of Goods from Factory to Customers Premises: CESTAT grants Relief to MRF
In a major relief to MRF Ltd, the Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that cenvat credit shall be allowed for the payment of service tax on GTA...
Rules of Interpretation applicable to Domestic Law need not be applicable while interpreting DTAA: Delhi High Court [Read Judgment]
The Delhi High Court ruled that the rules of Interpretation applicable to Domestic Law need not be applicable while interpreting the Double Taxation Avoidance Agreement (DTAA). The petitioners,...
![Rules of Interpretation applicable to Domestic Law need not be applicable while interpreting DTAA: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/05/Rules-of-Interpretation-Domestic-Law-DTAA-Delhi-High-Court-Taxscan.jpg "Rules of Interpretation applicable to Domestic Law need not be applicable while interpreting DTAA: Delhi High Court [Read Judgment]")
Relief for Salaried Class: CBDT notifies Exemption for Cash Allowance in lieu of Leave Travel Concession, Amends Income Tax Rules [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the amendment in Rule 2B of the Income Tax Rules where the provisions relating to exemption in respect of cash allowance received in lieu of...
![Relief for Salaried Class: CBDT notifies Exemption for Cash Allowance in lieu of Leave Travel Concession, Amends Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/Salaried-Class-CBDT-Income-Tax-Rules-Leave-Travel-Concession-Taxscan.jpg "Relief for Salaried Class: CBDT notifies Exemption for Cash Allowance in lieu of Leave Travel Concession, Amends Income Tax Rules [Read Notification]")
Exemption Notification to be interpreted Strictly: Madras HC upholds Rejection of Refund Claim [Read Order]
The Madras High Court while upholding rejection of refund claim affirmed that the Exemption Notification should be interpreted strictly. The assessees, M/s.Kurian Abraham (P) Ltd and M/s.Kanam...
![Exemption Notification to be interpreted Strictly: Madras HC upholds Rejection of Refund Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Exemption-Notification-Madras-High-Court-rejection-of-refund-claim-Taxscan.jpeg "Exemption Notification to be interpreted Strictly: Madras HC upholds Rejection of Refund Claim [Read Order]")
Assessment order under Maharashtra VAT Act to be served manually and not through email: Bombay High Court [Read Order]
The Bombay High Court ruled that the manual Assessment order under Maharashtra VAT Act be served manually and not through email. The petitioner, Greatship (India) Ltd. is a company incorporated...
![Assessment order under Maharashtra VAT Act to be served manually and not through email: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Manual-Assessment-order-under-Maharashtra-VAT-Act-Bombay-High-Court-Taxscan.jpg "Assessment order under Maharashtra VAT Act to be served manually and not through email: Bombay High Court [Read Order]")
Creation of Fake GST Invoices: Patiala House court grants Bail to accused of GST Scam worth Rs.8 cr [Read Order]
The Patiala House court grants bail to the person accused of creating Fake GST Invoices and is alleged of committing GST Scam worth Rs.7 to 8 crores. The applicant-accused urged that a...
![Creation of Fake GST Invoices: Patiala House court grants Bail to accused of GST Scam worth Rs.8 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Fake-GST-Invoices-Patiala-House-court-grants-bail-GST-Scam-Taxscan.jpeg "Creation of Fake GST Invoices: Patiala House court grants Bail to accused of GST Scam worth Rs.8 cr [Read Order]")