![Section 11 Exemption: ITAT remits the matter to AO for fresh consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Section-11-Exemption-ITAT-AO-fresh-consideration-Taxscan.jpeg "Section 11 Exemption: ITAT remits the matter to AO for fresh consideration [Read Order]")
Section 11 Exemption: ITAT remits the matter to AO for fresh consideration [Read Order]
The Income Tax Appellate Tribunal (ITAT), remitted the matter to the Assessing Officer for fresh consideration in respect of the Exemption...
![Zynga India is no Risk Company, Risk Adjustment should be provided to Comparables: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Zynga-India-risk-company-risk-adjustment-ITAT-Taxscan.jpeg "Zynga India is no Risk Company, Risk Adjustment should be provided to Comparables: ITAT [Read Order]")
![[BREAKING] CBDT again defers GST Reporting in Tax Audit Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/CBDT-Tax-Audit-Report-GST-GST-Reporting-Tax-Audit-Report-Income-Tax-Taxscan.jpg "[BREAKING] CBDT again defers GST Reporting in Tax Audit Report [Read Order]")
![Tripura HC allows benefit of exemption notification as Basic Duty of Excise was exempt on Final Product but other Duties were applicable [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Tripura-High-court-exemption-notification-basic-duty-of-excise-Taxscan.jpg "Tripura HC allows benefit of exemption notification as Basic Duty of Excise was exempt on Final Product but other Duties were applicable [Read Order]")
Madras High Court stays SCN to pay back Monetary Value of utilisation of the disputed Cenvat Credit [Read Order]
The Madras High Court stayed the Show Cause Notice to pay back monetary value of the utilisation of the disputed Cenvat credit. The petitioner, M/s Chettinad Cement Corporation is a company that...
![Madras High Court stays SCN to pay back Monetary Value of utilisation of the disputed Cenvat Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Madras-HC-SCN-monetary-value-disputed-Cenvat-credit-taxscan.jpeg "Madras High Court stays SCN to pay back Monetary Value of utilisation of the disputed Cenvat Credit [Read Order]")
![MCA notifies new Trade Payables Ageing Schedule [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/MCA-Trade-Payables-Ageing-Schedule-Taxscan.jpg "MCA notifies new Trade Payables Ageing Schedule [Read Notification]")
GST System prone to ITC frauds due to complexity in compliance system, says CAG Report [Read Report]
The Compliance Audit Report of the Comptroller and Auditor General (CAG) of India on Goods and Services Tax said that GST System prone to Input Tax Credit (ITC) frauds due to complexity in compliance...
![GST System prone to ITC frauds due to complexity in compliance system, says CAG Report [Read Report]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-System-GST-ITC-frauds-compliance-system-CAG-Report-Taxscan.jpeg "GST System prone to ITC frauds due to complexity in compliance system, says CAG Report [Read Report]")
Rajasthan Real Estate Appellate Tribunal must become operational by 1 April 2021, orders Rajasthan HC [Read Order]
The Rajasthan High Court has ordered that the Rajasthan Real Estate Appellate Tribunal must become operational at earliest and positively by April 1, 2021. The applicant, Nipun Singhvi has...
MCA notifies effective date for implementation of provisions relating to Unpaid Dividend Account and Penalty [Read Notification]
The Ministry of Corporate Affairs (MCA) appointed the 24th March 2021 for commencement of Section 23 and Section 45 of the Companies (Amendment) Act, 2020. Section 23 of the Companies (Amendment)...
![MCA notifies effective date for implementation of provisions relating to Unpaid Dividend Account and Penalty [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/MCA-implementation-of-provisions-Unpaid-Dividend-Account-Penalty-Taxscan.jpeg "MCA notifies effective date for implementation of provisions relating to Unpaid Dividend Account and Penalty [Read Notification]")