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![Madras High Court quashes order levying Tax and Penalty on Deemed Assessment basis [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Madras-HC-order-levying-tax-Penalty-deemed-assessment-basis-Taxscan.jpeg "Madras High Court quashes order levying Tax and Penalty on Deemed Assessment basis [Read Order]")
Madras High Court quashes order levying Tax and Penalty on Deemed Assessment basis [Read Order]
The Madras High Court quashed the order levying tax and Penalty on deemed assessment basis. The petitioner, Tvl.Weather Maker is engaged in...
![Declarants seeking benefit under SVLDR Scheme can’t be put in worse condition after making declaration: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Declarants-SVLDR-Scheme-Bombay-High-Court-Taxscan.jpeg "Declarants seeking benefit under SVLDR Scheme can’t be put in worse condition after making declaration: Bombay High Court [Read Order]")
![No penalty shall be levied in case of quantum appeals in which the disputed tax does not exceed Rs.10 lakh: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/09/Direct-Tax-Dispute-Resolution-scheme.jpg "No penalty shall be levied in case of quantum appeals in which the disputed tax does not exceed Rs.10 lakh: CBDT [Read Circular]")