Punjab Excise and Taxation Department imposes fine on Damtal to the tune Rs 9.86 Crores alleged of GST fraud
The Punjab Excise and Taxation Department imposed fine on Damtal to the tune Rs 9.86 Crores alleged of GST fraud. The firm allegedly claimed input...
![Rajasthan High Court issues notice to CBIC on plea challenging Validity of Rule 89(5) so as to allow Refund of Input Services or Capital Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Rajasthan-HC-CBIC-refund-input-services-capital-goods-TAXSCAN.jpg "Rajasthan High Court issues notice to CBIC on plea challenging Validity of Rule 89(5) so as to allow Refund of Input Services or Capital Goods [Read Order]")
![E-Way Bill not required if Value of Goods less than Rs.50,000: Kerala High Court Orders release of Seized Goods [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/E-Way-Bill-value-of-goods-Kerala-HC-taxscan.jpg "E-Way Bill not required if Value of Goods less than Rs.50,000: Kerala High Court Orders release of Seized Goods [Read Judgment]")
![Taxability of Commission/Bonus to Employee: Madras High Court allows Deduction u/s 36(1)(ii) of the Income Tax Act [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Taxability-of-Commission-Bonus-to-Employee-Madras-High-Court-deduction-Income-Tax-Act-taxscan.jpg "Taxability of Commission/Bonus to Employee: Madras High Court allows Deduction u/s 36(1)(ii) of the Income Tax Act [Read Judgment]")
![CESTAT quashes Countervailing Duty of 2.47% on Continuous Cast Copper Wire [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/CESTAT-countervailing-duty-Continuous-Cast-Copper-Wire-Taxscan.jpg "CESTAT quashes Countervailing Duty of 2.47% on Continuous Cast Copper Wire [Read Order]")
Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]
The Madras High court held that proceeds realized on sale of Certified Emission Reduction Credit, which had been earned on the Clean Development Mechanism in its wind energy operations, is a capital...
![Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Certified-Emission-Reduction-Credit-Clean-Development-Mechanism-wind-energy-operations-capital-receipt-Madras-High-court-Taxscan.jpeg "Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]")
Income of Assessee to be estimated at 8% of the gross turnover, if books of accounts not maintained: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the income of the assessee be estimated at 8% of the gross turnover if books of accounts not maintained by the assessee. In...
![Income of Assessee to be estimated at 8% of the gross turnover, if books of accounts not maintained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Income-of-the-assessee-gross-turnover-books-of-accounts-ITAT-Taxscan.jpeg "Income of Assessee to be estimated at 8% of the gross turnover, if books of accounts not maintained: ITAT [Read Order]")
Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]
The Calcutta High Court held that the writ jurisdiction can be invoked in the Insolvency and Bankruptcy Code (IBC) matters, despite the availability of an alternative remedy. The petitioners,...
![Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Insolvency-Banruptancy-Code-Writ-Jurisdiction-IBC-Calcutta-High-Court-Taxscan.jpg "Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]")
![Tripura High Court orders Authority to unblock GST Account on its official portal [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Tripura-High-Court-Authority-GST-official-portal-Taxscan.jpg "Tripura High Court orders Authority to unblock GST Account on its official portal [Read Order]")
