![Supreme Court sets aside Pre deposit of Bank Guarantee as Condition for Bail [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/04/Supreme-Court-Pre-deposit-of-Bank-Guarantee-Pre-deposit-Bank-Guarantee-Pre-deposit-of-Bank-Guarantee-as-Condition-for-Bail-Bail-Taxscan.jpg "Supreme Court sets aside Pre deposit of Bank Guarantee as Condition for Bail [Read Judgement]")
Supreme Court sets aside Pre deposit of Bank Guarantee as Condition for Bail [Read Judgement]
The Supreme Court in its recent judgement has set aside an order imposing pre-deposit of bank guarantee as a condition for bail. Makhijani...
![CESTAT reduces Floor Limits of Bond and Bank Guarantee prescribed for allowing Provisional Release of Confiscated Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/CESTAT-Floor-Limits-Bond-Bank-Guarantee-Confiscated-Goods-taxscan.jpg "CESTAT reduces Floor Limits of Bond and Bank Guarantee prescribed for allowing Provisional Release of Confiscated Goods [Read Order]")
![Relief to Asian Paints: Madras HC orders GST Dept to release Seized Goods upon receipt of Bank Guarantee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Asian-Paints-Madras-HC-GST-Dept-Seized-Goods-Bank-Guarantee-Taxscan.jpeg "Relief to Asian Paints: Madras HC orders GST Dept to release Seized Goods upon receipt of Bank Guarantee [Read Order]")
![CESTAT directs Provincial Release of Goods on reduced Bank Guarantee taking into account Financial losses and damaging of Seized Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/CESTAT-Bank-Guarantee-financial-losses-Seized-Goods-Taxscan.jpg "CESTAT directs Provincial Release of Goods on reduced Bank Guarantee taking into account Financial losses and damaging of Seized Goods [Read Order]")
GST: Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee [Read Order]
The Gujarat High Court directed the release of the goods and vehicle confiscated on the deposit of Rs.1.70 Lakhs along with a bank guarantee. The writ applicant, M/s Radha TradelinksPvt. Ltd. is...
![GST: Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Release-Goods-Vehicle-Bank-Guarantee-Seized-Goods-GST-Taxscan.jpg "GST: Gujarat HC directs Release of Goods and Vehicle Confiscated on deposit of Rs.1.70 Lakh along with Bank Guarantee [Read Order]")
Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]
A two-judge bench of the Delhi High Court has held that the payment for encashment of bank guarantee and the interest paid on late payment are capital expenditure for the purpose of Income Tax Act. ...
![Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/Refund-Claims-Delhi-High-Court-Taxscan.jpg "Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]")
Loss due to Encashment of Bank Guarantee for Non-Fulfilment of the Work awarded to the assessee is allowable Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) New Delhi, in Green Delhi BQS Limited vs. ACIT, held that loss due to encashment of bank guarantee for non-fulfilment of the work awarded to the assessee is...
![Loss due to Encashment of Bank Guarantee for Non-Fulfilment of the Work awarded to the assessee is allowable Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "Loss due to Encashment of Bank Guarantee for Non-Fulfilment of the Work awarded to the assessee is allowable Expenditure: ITAT [Read Order]")
Interest earned by a Company from fixed deposit furnished as Bank Guarantee to obtain License is a “Capital Receipt”: ITAT Mumbai [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal, has recently ruled that the amount of interest received by a company from its fixed deposit account which was made by it for the purpose of...
![Interest earned by a Company from fixed deposit furnished as Bank Guarantee to obtain License is a “Capital Receipt”: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Interest-Bank-Guarantee-Tax-Scan.jpg "Interest earned by a Company from fixed deposit furnished as Bank Guarantee to obtain License is a “Capital Receipt”: ITAT Mumbai [Read Order]")