![Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Reliance-Industries-ITAT-Sales-Tax-Incentive-subsidy-Capital-Taxscan.jpeg "Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]")
Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted the addition of sales tax incentive/subsidy holding it as capital in nature. ...
![Tax Evasion Case: SC seeks response from IT dept on plea of Karti Chidambaram to transfer case before a Special Court for MPs and MLAs [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Tax-Evasion-Case-Karti-Chidambaram-Wife-Madras-High-Court-Special-Court-Supreme-court-MP-MLA-IT-department-Plea-Taxscan.jpg "Tax Evasion Case: SC seeks response from IT dept on plea of Karti Chidambaram to transfer case before a Special Court for MPs and MLAs [Read Order]")
![Delhi High Court upholds Power to conduct Service Tax Audit [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Delhi-High-court-Service-Tax-Audit-Taxscan.jpg "Delhi High Court upholds Power to conduct Service Tax Audit [Read Judgment]")
![SC refuses to entertain PIL seeking declaration against govt. for using funds collected through Clean Energy Cess towards Compensating states under GST [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Supreme-Court-refuses-PIL-seeking-declaration-government-funds-collected-through-Clean-Energy-Cess-Compensating-states-GST-Taxscan.jpeg "SC refuses to entertain PIL seeking declaration against govt. for using funds collected through Clean Energy Cess towards Compensating states under GST [Read Order]")
Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]
The Madras High Court quashed the demand/recovery notice passed in violation of the judgment delivered by the Apex Court. The petitioner, M/s.Jumbo Bags Ltd. claimed exemption from payment of duty...
![Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Madras-High-Court-recovery-notice-demand-notice-violation-judgment-Apex-Court-Taxscan.jpg "Madras High Court quashes the demand/recovery notice passed in violation of the judgment delivered by the Apex Court [Read Judgment]")
Supreme Court saves Importers from 200% enhanced Customs Duty on Pakistan imports post-Pulwama attack [Read Judgment]
The Supreme Court rescued importers who were required to pay an elevated customs duty of 200% on import of products from Pakistan due to the Centre’s unexpected tariff enhancement on imports after...
![Supreme Court saves Importers from 200% enhanced Customs Duty on Pakistan imports post-Pulwama attack [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Supreme-Court-customs-duty-importers-Pulwama-Attack-Taxscan.jpeg "Supreme Court saves Importers from 200% enhanced Customs Duty on Pakistan imports post-Pulwama attack [Read Judgment]")
Make vibrant system of Advance Ruling to reduce litigation: Supreme Court recommends changes to current system [Read Judgment]
The Supreme Court has recommended the Central Government to consider the efficacy of the advance tax ruling system and make it more comprehensive as a tool for settlement of disputes rather than...
![Make vibrant system of Advance Ruling to reduce litigation: Supreme Court recommends changes to current system [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Supreme-Court-Advance-Ruling-Taxscan.jpeg "Make vibrant system of Advance Ruling to reduce litigation: Supreme Court recommends changes to current system [Read Judgment]")
NCLAT orders NCLT to constitute bench comprising of Judicial Member and Technical Member for disposal of matter [Read Order]
The National Company Law Appellate Tribunal (NCLAT) ordered the National Company Law Tribunal (NCLT) to constitute a bench consisting of Judicial Member and Technical Member for disposal of matter as...
![NCLAT orders NCLT to constitute bench comprising of Judicial Member and Technical Member for disposal of matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/NCLAT-NCLT-Judicial-Member-Technical-Member-Taxscan.jpg "NCLAT orders NCLT to constitute bench comprising of Judicial Member and Technical Member for disposal of matter [Read Order]")
If Amount written on Instrument is ‘absurd’, it can’t be called ‘Cheque’, doesn’t attract any legal consequence: Delhi Court
The Patiala House court Delhi held that the cheque is invalid on the face of it because of uncertainty as to the amount written in words. If the amount written on the Instrument is ‘absurd’, it can...
