![Exemption can’t be disallowed under India-Austria DTAA only for want of Tax Residency Certificate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Exemption-India-Austria-DTAA-TRC-ITAT-Taxscan.jpg "Exemption can’t be disallowed under India-Austria DTAA only for want of Tax Residency Certificate: ITAT [Read Order]")
Exemption can’t be disallowed under India-Austria DTAA only for want of Tax Residency Certificate: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench held that the exemption can not be disallowed under India-Austria Double Taxation Avoidance...
![Govt. exempts COVID-19 Vaccines & Oxygen from Basic Customs Duty [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/Basic-Customs-Duty-COVID-COVID-Vaccines-Oxygen-Taxscan.jpg "Govt. exempts COVID-19 Vaccines & Oxygen from Basic Customs Duty [Read Notification]")
![Relief to Shobha City: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Sobha-city-ITAT-Taxscan.jpg "Relief to Shobha City: ITAT deletes Addition [Read Order]")
![Kerala HC grants Anticipatory Bail to the person accused of non-payment of GST to tune of Rs 17.53 Cr, Non-Filing of GSTR 3B Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Kerala-HC-anticipatory-bail-non-payment-of-GST-GSTR-3B-returns-Taxscan.jpg "Kerala HC grants Anticipatory Bail to the person accused of non-payment of GST to tune of Rs 17.53 Cr, Non-Filing of GSTR 3B Returns [Read Order]")
![Relief to MRF: Tribunal not justified in disallowing 1% Discount from Taxable Turnover, says Jammu & Kashmir HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/MRF-taxable-turnover-Jammu-and-Kashmir-HC-Taxscan.jpg "Relief to MRF: Tribunal not justified in disallowing 1% Discount from Taxable Turnover, says Jammu & Kashmir HC [Read Judgment]")
Freight Charges not includable in the Sale Price, Deduction can be claimed: Orissa High Court [Read Judgment]
The Orissa High Court held that the deduction can be claimed on Freight charges as it is not includable in the sale price. The Petitioner, M/s. Utkal Moulders is a manufacturer of cast iron goods...
![Freight Charges not includable in the Sale Price, Deduction can be claimed: Orissa High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Freight-charges-sale-price-deduction-Orissa-High-Court-Taxscan.jpg "Freight Charges not includable in the Sale Price, Deduction can be claimed: Orissa High Court [Read Judgment]")
Bombay High Court quashes Notices restraining Transfer of Property for alleged Non-Payment of Excise duty [Read Judgment]
The Bombay High Court quashed the Notices restraining the transfer of property for alleged non-payment of Excise duty. The Petitioner, M/s Runwal Constructions is a Partnership firm registered...
![Bombay High Court quashes Notices restraining Transfer of Property for alleged Non-Payment of Excise duty [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Bombay-High-Court-Notices-transfer-of-property-Excise-duty-Taxscan.jpg "Bombay High Court quashes Notices restraining Transfer of Property for alleged Non-Payment of Excise duty [Read Judgment]")
Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench in relief to HSBC Electronic Data Processing deleted the addition on account of unrealized hedging loss on forwarding contracts made by...
![Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/HSBC-Electronic-Data-Processing-ITAT-forward-contracts-AO-Taxscan.jpg "Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]")
ICSI issues clarification regarding obtaining Mandatory CPE Credits via Virtual Programs amid Pandemic
The Institute of Company Secretaries India (ICSI) has issued the ICSI (Continuous Professional Education) Guidelines, 2019 effective from 1st April, 2020. “It has been decided by the Institute to...
Non-Consideration of Evidence during Assessment: Telangana imposes Cost on AO, asks to initiate Disciplinary Action [Read Order]
The Telangana High Court imposed the cost of litigation on the Assessing Officer (AO) for not non-consideration of the material filed by the assessee. The Petitioner contended that he did not...
![Non-Consideration of Evidence during Assessment: Telangana imposes Cost on AO, asks to initiate Disciplinary Action [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Telangana-HC-cost-of-litigation-AO-Taxscan.jpg "Non-Consideration of Evidence during Assessment: Telangana imposes Cost on AO, asks to initiate Disciplinary Action [Read Order]")
CBDT notifies Tax Exemption for ‘Canada Pension Plan Investment Board’ u/s 10(23FE) on eligible Investment made in India [Read Notification]
The Central Board of Direct Taxes (CBDT) specified the ‘Canada Pension Plan Investment Board’, as the specified person for the purposes of sub-clause (iv) of clause (c) of the Explanation 1 to clause...
![CBDT notifies Tax Exemption for ‘Canada Pension Plan Investment Board’ u/s 10(23FE) on eligible Investment made in India [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-tax-exemption-Canada-Pension-Plan-Investment-Board-eligible-investment-made-in-India-Taxscan.jpeg "CBDT notifies Tax Exemption for ‘Canada Pension Plan Investment Board’ u/s 10(23FE) on eligible Investment made in India [Read Notification]")