![Quashing of Income Tax Penalty would Invalidate further Criminal Proceedings: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Penalty-Criminal-Proceedings-Jharkhand-HC-taxscan.jpg "Quashing of Income Tax Penalty would Invalidate further Criminal Proceedings: Jharkhand HC [Read Order]")
Quashing of Income Tax Penalty would Invalidate further Criminal Proceedings: Jharkhand HC [Read Order]
A Single Bench of Justice Sanjay Kumar Dwivedi at Jharkhand High Court has recently set aside the entire criminal proceedings against Karta of a...
![Supreme Court upholds Validity of Contributory Pension Scheme, 2014: Allows Contribution of 8.33% of total Salary drawn [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/11/Supreme-Court-Pension-Scheme-Salary-drawn-taxscan.jpg "Supreme Court upholds Validity of Contributory Pension Scheme, 2014: Allows Contribution of 8.33% of total Salary drawn [Read Judgment]")
![Advancement of GPU cannot be interpreted as Charitable Purposes If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/GPU-Income-Tax-Exemption-Supreme-Court-taxscan.jpg "Advancement of GPU cannot be interpreted as Charitable Purposes If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]")
![ITAT sets aside Penalty Order on existence of Ambiguity for AO on Charge u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/ITAT-penalty-existence-ambiguity-TAXSCAN.jpg "ITAT sets aside Penalty Order on existence of Ambiguity for AO on Charge u/s 271(1)(c) [Read Order]")
![GST: Supreme Court to decide Eligibility of ITC for Construction of Immovable Property intending to Let Out [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Supreme-Court-GST-Apex-Court-ITC-Construction-of-Immovable-Property-taxscan.jpeg "GST: Supreme Court to decide Eligibility of ITC for Construction of Immovable Property intending to Let Out [Read Order]")
GST Investigation is Virtually Over: Gujarat HC grants Bail to Accused for Allegedly Evading Rs. 21 Cr [Read Order]
The Gujarat High Court has granted bail to an accused person for allegedly evading GST worth Rs. 21 Crores considering the fact that the investigation by the department is virtually over. The...
![GST Investigation is Virtually Over: Gujarat HC grants Bail to Accused for Allegedly Evading Rs. 21 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/GST-Investigation-Virtually-Over-Gujarat-High-Court-Bail-Accused-for-Allegedly-Evading-Taxscan.jpg "GST Investigation is Virtually Over: Gujarat HC grants Bail to Accused for Allegedly Evading Rs. 21 Cr [Read Order]")
IBC: Recovery Certificate Holder can initiate CIRP as Financial Creditor, rules Supreme Court [Read Judgment]
A three-judge Bench of the Supreme Court comprising Justices L. Nageswara Rao, B.R. Gavai and A.S. Bopanna, on Monday, held that a liability in respect of a claim arising out of a Recovery...
![IBC: Recovery Certificate Holder can initiate CIRP as Financial Creditor, rules Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/06/SC-IBC-Recovery-Certificate-Holder-CIRP-Financial-Creditor-Supreme-Court-taxscan.jpeg "IBC: Recovery Certificate Holder can initiate CIRP as Financial Creditor, rules Supreme Court [Read Judgment]")
![Shares Invested in Paper Companies: ITAT confirms Disallowance of LTCG [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Long-Term-Capital-Gain-Shares-Paper-Companies-ITAT-LTCG-taxscan.jpeg "Shares Invested in Paper Companies: ITAT confirms Disallowance of LTCG [Read Order]")
Appointment of Member of Indian Legal Service as Judicial Member: Madras HC Invalidates S. 32(2) of Benami Transaction Act [Read Judgment]
A two-judge bench of the Madras High Court has invalidated section 32(2) of the Benami Transaction Act held that the Member of Indian Legal Service shall not be appointed as a Judicial Member. The...
![Penalty Notice issued in a Stereotyped manner without applying mind is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Penalty-Notice-Stereotyped-manner-ITAT-taxscan.jpeg "Penalty Notice issued in a Stereotyped manner without applying mind is Invalid: ITAT [Read Order]")
GST Scam of Rs. 869 Crores: Supreme Court grants Bail to Accused on Deposit of Rs. 200 Crores [Read Order]
In a recent case of GST scam worth Rs. 869, a two-judge bench of the Supreme Court has granted bail to one of the Directors of M/s Miraj Products Private Limited on a condition to deposit Rs. 200...
![GST Scam of Rs. 869 Crores: Supreme Court grants Bail to Accused on Deposit of Rs. 200 Crores [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/GST-Scam-Supreme-Court-Bail-Accused-Deposit-Taxscan.jpeg "GST Scam of Rs. 869 Crores: Supreme Court grants Bail to Accused on Deposit of Rs. 200 Crores [Read Order]")