Supreme Court upholds BCI’s decision of Cancellation of Enrolment of Advocate suppressing Criminal Case against him during Enrolment [Read Judgment]
The Apex Court has upheld the decision of Bar Council of India’s (BCI’s) Decision of Cancellation of enrolment of advocate suppressing criminal Case...
![Bombay HC allows Deduction on Interest Paid on amount borrowed for purpose of machinery even if machinery is not actually used in Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/BOMBAY-HIGH-COURT-INTEREST-MACHINERY-TAXSCAN.jpg "Bombay HC allows Deduction on Interest Paid on amount borrowed for purpose of machinery even if machinery is not actually used in Business [Read Order]")
CA Exams July 2021: Supreme Court adjourns hearing till Tomorrow, ICAI issues Note [Read Highlights of ICAI Note]
The Apex Court presiding over the plea regarding the postponement of the upcoming ICAI CA exams 2021 has been adjourned by the Supreme Court till Tuesday i.e. 29 June, 2021. The petition was filed...
ITAT allows Section 80P Deduction to Advocates Mutually Aided Co-op Societies despite Loans to Non-Agriculture Members [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench allowed the Deduction under Section 80P of the Income Tax Act, 1961 to Co-operative Societies despite Loans to Non-Agriculture Members....
![ITAT allows Section 80P Deduction to Advocates Mutually Aided Co-op Societies despite Loans to Non-Agriculture Members [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-Section-80P-Deduction-Advocates-Mutually-Aided-Co-op-Societies-despite-Loans-Non-Agriculture-Members-Taxscan.jpg "ITAT allows Section 80P Deduction to Advocates Mutually Aided Co-op Societies despite Loans to Non-Agriculture Members [Read Order]")
Amendments in Companies Act in 2018 regarding Disqualification of Directors are Valid with Retrospective Effect: Kerala HC [Read Judgment]
The Kerala High Court, ruled that the amendments made in the Companies Act inserting the provisions mandating Vacation of Directorship are valid and are not retrospectively applicable. The...
Supreme Court orders Absolute Confistication of Peas and Pulses, re-export only after recovery of necessary Redemption Fine [Read Judgment]
The Supreme Court ordered the absolute Confistication of Peas and Pulses and directed that re-export be allowed only after recovering the necessary redemption fine. The appellant, Custom...
TDS on Indirect Transfer of Capital Assets deriving Value substantially from Assets situate in India prior to Retrospective Amendments hit by Doctrine of Impossibility: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the TDS on indirect transfer of capital assets deriving value substantially from assets situated in India prior to retrospective...
Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]
The Karnataka High Court while quashing the parallel Proceedings by the State Government against Dreamz Infra India ruled that the Insolvency and Bankruptcy Code, (2016 (IBC) will have an overriding...
![Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Dreamz-Infra-India-Karnataka-High-Court-State-Govt-IBC-State-Act-Taxscan.jpg "Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]")
SC stays Delhi HC order declaring IGST Imposition on Oxygen Concentrators Imported by Individuals as Unconstitutional
The Apex Court on Tuesday stayed the Delhi High Court order declaring the imposition of Integrated Goods and Services Tax (IGST) on the import of oxygen concentrators as gifts for personal use to be...
