KPMG Ends Overtime Pay for UK Junior Auditors Amid Cost Management and Workflow Shift
Global accounting giant KPMG has discontinued its overtime pay scheme for junior auditors in the UK, a move that has reportedly caused significant...
![Himachal Pradesh HC Dismisses Plea for Concurrent Sentences in Dual Cheque Bounce Convictions [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2066770-himachal-pradesh-high-court-concurrent-sentences-dual-cheque-bounce-taxscan.webp "Himachal Pradesh HC Dismisses Plea for Concurrent Sentences in Dual Cheque Bounce Convictions [Read Order]")
![Receipt of Compensation for Hardship is in Nature of Capital Receipt and shall not be liable to Tax: ITAT deletes Addition made on corpus fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Receipt-of-Compensation-Capital-Receipt-ITAT-deletes-Addition-TAXSCAN.jpg "Receipt of Compensation for Hardship is in Nature of Capital Receipt and shall not be liable to Tax: ITAT deletes Addition made on corpus fund [Read Order]")
Amputation of Right Hand due to Accident Caused by UPSRTC Resulted in Appointing Driver: Delhi HC upholds MACT Order Granting Compensation [Read Order]
The Delhi High Court upheld the order of the Motor Accident Claim Tribunal (MACT) granting compensation as the accident caused by Uttar Pradesh State Road Transport Corporation (‘UPSRTC’) resulted in...
![Amputation of Right Hand due to Accident Caused by UPSRTC Resulted in Appointing Driver: Delhi HC upholds MACT Order Granting Compensation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Amputation-of-Right-Hand-Accident-Caused-by-UPSRTC-Appointing-Driver-Delhi-High-Court-MACT-Compensation-taxscan.jpg "Amputation of Right Hand due to Accident Caused by UPSRTC Resulted in Appointing Driver: Delhi HC upholds MACT Order Granting Compensation [Read Order]")
No Material to Challenge Interest on Compensation to Deceased Person: Delhi HC directs Oriental Insurance Company to pay Interest on Compensation from the Date of Filing To Realization of Compensation [Read Order]
The Delhi High Court directed the Oriental Insurance Company to pay interest on compensation from the date of filing to the realization of compensation as directed by the Tribunal as the insurance...
![No Material to Challenge Interest on Compensation to Deceased Person: Delhi HC directs Oriental Insurance Company to pay Interest on Compensation from the Date of Filing To Realization of Compensation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Material-Challenge-Interest-Compensation-to-Deceased-Person-Delhi-High-Court-Oriental-Insurance-Company-Interest-on-Compensation-Date-of-Filing-Realization-of-Compensation-taxscan.jpg "No Material to Challenge Interest on Compensation to Deceased Person: Delhi HC directs Oriental Insurance Company to pay Interest on Compensation from the Date of Filing To Realization of Compensation [Read Order]")
Compensation Amount Unrelated to Sale Cost Cannot be Treated as Capital Expenditure u/s 37: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that Compensation amount not having any relation with the cost towards the sale of area cannot be treated as capital expenditure under...
![Compensation Amount Unrelated to Sale Cost Cannot be Treated as Capital Expenditure u/s 37: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Compensation-Amount-Unrelated-Sale-Cost-Treated-Capital-Expenditure-ITAT-taxscan.jpg "Compensation Amount Unrelated to Sale Cost Cannot be Treated as Capital Expenditure u/s 37: ITAT [Read Order]")
No service Tax Leviable on Penalty/compensation for Breach of Contract Which is not a Consideration for any Service: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that no service tax leviable on the penalty or compensation for the breach of contract which was not a...
![No service Tax Leviable on Penalty/compensation for Breach of Contract Which is not a Consideration for any Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/service-Tax-compensation-Breach-Contract-Consideration-Service-CESTAT-TAXSCAN.jpg "No service Tax Leviable on Penalty/compensation for Breach of Contract Which is not a Consideration for any Service: CESTAT [Read Order]")
Consent of Parties for Extending Arbitral Period need not Necessarily be in Writing: Himachal Pradesh HC [Read Order]
The Himachal Pradesh Court recently observed that the consent of parties for extending arbitral period need not necessarily be in writing. Land, building, trees etc. of the appellants situated in...
![Consent of Parties for Extending Arbitral Period need not Necessarily be in Writing: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Consent-Parties-Extending-Arbitral-Writing-Himachal-Pradesh-HC-TAXSCAN.jpg "Consent of Parties for Extending Arbitral Period need not Necessarily be in Writing: Himachal Pradesh HC [Read Order]")
Chhattisgarh HC directs 2 Impersonated Sales Tax Officers to pay Rs. 2L Compensation Duping Rs. 2.5L [Read Order]
A single bench of Justice Deepak Kumar Tiwari of Chhattisgarh High Court has instructed two individuals who posed as sales tax officers to provide Rs. 2 lakhs in compensation to the victims who were...
Compensation paid by Builder for Delay in Handing over Possession of Flat is part of Work-In-Progress: ITAT allows Deduction [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the compensation paid by the builder for delay in handing over the possession of the flat is a part of a work-in-progress, thus,...
![Compensation paid by Builder for Delay in Handing over Possession of Flat is part of Work-In-Progress: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Compensation-paid-Builder-for-Delay-in-Handing-over-Possession-of-Flat-Possession-of-Flat-Work-In-Progress-ITAT-allows-Deduction-taxscan.jpg "Compensation paid by Builder for Delay in Handing over Possession of Flat is part of Work-In-Progress: ITAT allows Deduction [Read Order]")