CA, CA Inter, MBA Vacancy in Axis Bank
The Axis Bank invited applications for the post Fund Services - Fund Accounting. Qualifications CA / CFA /Inter CA/ MBA/Graduate with prior...
![Axis Banks ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Axis-Bank-ESOP-expenses-Axis-Bank-ESOP-expenses-Axis-Bank-ESOP-Section-37-Income-tax-act-TAXSCAN.jpg "Axis Banks ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order]")
![ITAT allows Axis Bank’s Rs. 8.3 Cr Interest Expense Claim u/s 14A citing Previous Ruling [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Income-Tax-News-Income-Tax-Department-ITAT-Ahmedabad-TAXSCAN.jpg "ITAT allows Axis Bank’s Rs. 8.3 Cr Interest Expense Claim u/s 14A citing Previous Ruling [Read Order]")
![CBIC amends List 34A and List 34B in Appendix of Customs Notification 50/2017 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBIC-List-34A-and-List-34B-Appendix-Customs-Notification-taxscan.jpg "CBIC amends List 34A and List 34B in Appendix of Customs Notification 50/2017 [Read Notification]")
![No Addition u/s 68 based on turnover declared under 44 AD of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Income-tax-Income-tax-news-taxscan.jpg "No Addition u/s 68 based on turnover declared under 44 AD of Income Tax Act: ITAT [Read Order]")
Borrower receiving Loan in Cash liable for Dishonour of Cheque even if Loan Amount Beyond Limit for Cash Transactions under Income Tax Act: Bombay HC [Read Order]
In a recent ruling the Bombay High Court observed that the borrower receiving loan in cash liable for dishonour of cheque even if loan amount beyond limit for cash transactions under the Income Tax...
![Borrower receiving Loan in Cash liable for Dishonour of Cheque even if Loan Amount Beyond Limit for Cash Transactions under Income Tax Act: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Bombay-High-Court-Cash-loan-Income-Tax-Borrower-liability-in-cash-transactions-Limit-for-cash-transaction-Cash-Transactions-taxscan.jpg "Borrower receiving Loan in Cash liable for Dishonour of Cheque even if Loan Amount Beyond Limit for Cash Transactions under Income Tax Act: Bombay HC [Read Order]")
RBI imposes Rs. 30 Lac penalty on Axis Bank for Non-Compliance with directions on 'Prudential Norms on Income Recognition'
The Reserve Bank of India (RBI) has imposed Rs. 39 lakhs penalty on Axis Bank, one of the top banks in India. According to the RBI, the axis bank didn’t comply with the certain provisions of the...
ITAT deletes Long Term Capital Gains Addition on Forfeited Advance Amount without Transfer of Capital Asset [Read Order]
The Delhi bench (single member bench) of the Income Tax Appellate Tribunal (ITAT) recently deleted the long term capital gains addition on forfeited advance amount without transfer of capital asset. ...
![ITAT deletes Long Term Capital Gains Addition on Forfeited Advance Amount without Transfer of Capital Asset [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-deletes-Long-Term-Capital-Gains-ITAT-Long-Term-Capital-Gains-Forfeited-Advance-Amount-Advance-Amount-Transfer-of-Capital-Asset-Capital-Asset-Taxscan.jpg "ITAT deletes Long Term Capital Gains Addition on Forfeited Advance Amount without Transfer of Capital Asset [Read Order]")
ITAT treats Source for Cash Deposits found in Bank Accounts as Unexplained Money on Unsubstantiated Evidence [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT), treated the source for cash deposits found in bank accounts as unexplained money on unsubstantiated evidence The assessee, Eswara...
![ITAT treats Source for Cash Deposits found in Bank Accounts as Unexplained Money on Unsubstantiated Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-treats-Source-for-Cash-Deposits-ITAT-Source-for-Cash-Deposits-Cash-Deposits-Bank-Accounts-as-Unexplained-Money-Bank-Accounts-Unexplained-Money-Unsubstantiated-Evidence-income-tax-taxscan.jpg "ITAT treats Source for Cash Deposits found in Bank Accounts as Unexplained Money on Unsubstantiated Evidence [Read Order]")
Cash from Sister-In-Law received in Bank Accounts during Demonetization Period is not gift: ITAT upholds Addition [Read Order]
The Chennai bench of Income Tax Appellate Tribunal (ITAT) has recently held that cash received from sister-in-law deposited in bank accounts during the demonetization period is not a gift. Hence, the...
![Cash from Sister-In-Law received in Bank Accounts during Demonetization Period is not gift: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cash-from-Sister-In-Law-Cash-from-Sister-In-Law-received-in-Bank-Accounts-Bank-Accounts-Cash-Demonetization-Demonetization-Period-gift-ITAT-ITAT-upholds-Addition-taxscan.jpg "Cash from Sister-In-Law received in Bank Accounts during Demonetization Period is not gift: ITAT upholds Addition [Read Order]")
VAT and Sales Tax Dues have no Priority over Dues of Secure Creditors who Exercise Powers under the SARFAESI Act: Gujarat HC [Read Order]
The Gujarat High Court ( HC ) has held that Value Added Tax ( VAT ) and sales tax dues have no Priority over dues of Secure Creditors who exercise powers under the Securitization and Reconstruction...
![VAT and Sales Tax Dues have no Priority over Dues of Secure Creditors who Exercise Powers under the SARFAESI Act: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/VAT-Sales-Tax-Sales-Tax-Dues-Dues-Secure-Creditors-Creditors-SARFAESI-Act-Gujarat-High-Court-Taxscan.jpg "VAT and Sales Tax Dues have no Priority over Dues of Secure Creditors who Exercise Powers under the SARFAESI Act: Gujarat HC [Read Order]")