Challenge on Assessment under Central Sales Tax Act: Supreme Court Directs Renault Nissan Automotive India to Pay 10 Crores
The Supreme Court of India in a recent case directed Renault Nissan Automotive India Pvt ltd to Pay 10 Crores to the Sale Tax Department. The Special...
![Revision Application u/s 58 of UP VAT Act, Benefit of Exemption /Deduction must be Decide by Following Stricter Approach: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Revision-Application-UP-VAT-Act-Exemption-Deduction-Stricter-Approach-Allahabad-HC-TAXSCAN.jpg "Revision Application u/s 58 of UP VAT Act, Benefit of Exemption /Deduction must be Decide by Following Stricter Approach: Allahabad HC [Read Order]")
![Difference in Opening Stock and Closing Stock due to Clerical Mistake in ITR: ITAT upholds deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Difference-Opening-Stock-Closing-Stock-Clerical-Mistake-ITR-ITAT-TAXSCAN.jpg "Difference in Opening Stock and Closing Stock due to Clerical Mistake in ITR: ITAT upholds deletion of Addition [Read Order]")
Notice for penalty u/s 274 of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune bench held that notice for penalty under Section 274 of the Income Tax Act, 1961 proceedings is initiated against inaccurate particulars of income not...
![Notice for penalty u/s 274 of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Notice-penalty-Income-Tax-Act-proceedings-inaccurate-income-Concealment-Income-ITAT-Penalty-TAXSCAN.jpg "Notice for penalty u/s 274 of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]")
Relief to Indus Towers: Delhi HC quashes Assessment Order under Income Tax Act on non compliance of Natural Justice [Read Order]
In a major relief to Indus Towers, the Delhi High Court quashed assessment order under the Income Tax Act, 1961 on non compliance of natural justice. The grievance of the petitioner is that...
![Relief to Indus Towers: Delhi HC quashes Assessment Order under Income Tax Act on non compliance of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Relief-Indus-TOWER-Delhi-HC-Assessment-Order-Income-Tax-Act-Natural-Justice-TAXSCAN.jpg "Relief to Indus Towers: Delhi HC quashes Assessment Order under Income Tax Act on non compliance of Natural Justice [Read Order]")
Kerala HC sets aside Demand of Balance Tax Deposit as Assessee already Remitted Amount u/s 55 of KVAT Act [Read Order]
The Kerala High Court in a recent decision set aside the demand of balance tax deposit as assessee already remitted amount under section 55 of the Kerala Value Added Tax Act, 2023. Pyramid...
![Kerala HC sets aside Demand of Balance Tax Deposit as Assessee already Remitted Amount u/s 55 of KVAT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Kerala-HC-Demand-of-Balance-Tax-Deposit-Assessee-Remitted-Amount-KVAT-Act-TAXSCAN.jpg "Kerala HC sets aside Demand of Balance Tax Deposit as Assessee already Remitted Amount u/s 55 of KVAT Act [Read Order]")
CBDT issues Circular Condoning Delay for Form No. 10-IC Filing for AY 2021-22; Extended till 31st January 2024 [Read Circular]
The Central Board of Direct Taxes (CBDT), vide circular no. 19/2023 issued on 23rd October 2023 has addressed the condonation of the delay in filing Form No. 1O-IC under section 119(2)(b) of the...
![CBDT grants Tax Exemption to Punjab Dental Council, Mohali u/s 10(46) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/10/CBDT-grants-Tax-Exemption-Punjab-Dental-Council-Mohali-Income-Tax-Act-TAXSCAN.jpg "CBDT grants Tax Exemption to Punjab Dental Council, Mohali u/s 10(46) of Income Tax Act [Read Notification]")
Setback to Triveni Glass Ltd: Supreme Court upholds levy of Sales Tax on tinted glass sheets as “goods or wares made of glass” [Read Order]
The Supreme Court has recently decided the matter of levy of sales tax on tinted glass sheets as ‘goods or wares made of glass’ against the assessee, Triveni Glass Ltd. The Supreme Court was in...
Tamil Nadu CM M K Stalin Announces 'Samadhan' Scheme to Alleviate Tax Dues for Small Traders w.e.f. 16th Oct 2023 to 15th Feb 2024
The Tamil Nadu government unveiled a groundbreaking Samadhan scheme aimed at resolving long-standing tax issues and providing significant relief to traders. With approximately ₹25,000 crore in...
