New Income Tax Rules for Salaried Taxpayers from September 1st 2023
The Central Board of Direct Taxes (CBDT) has notified amendments to the Income Tax Rules for valuing perquisites of rent-free or concessional...
![ITC Available to Employer on GST borne for Non-AC Bus Transport Services provided to employees by TSPs Above 13-Seater Buses: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITC-Employer-GST-Non-AC-Bus-Transport-Services-AAR-TAXSCAN.jpg "ITC Available to Employer on GST borne for Non-AC Bus Transport Services provided to employees by TSPs Above 13-Seater Buses: AAR [Read Order]")
![No Deduction of TDS for Reimbursement of Salary Cost for Seconded Employees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Deduction-TDS-Reimbursement-Salary-Cost-Salary-Seconded-Employees-ITAT-taxscan.jpg "No Deduction of TDS for Reimbursement of Salary Cost for Seconded Employees: ITAT [Read Order]")
Error of Tax Auditor in Reporting Payment Date of PF Collected from Employees: ITAT Deletes Disallowance [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the disallowance as the tax auditor had committed an error in reporting the date of payment of Provident Fund (PF) collected from...
![Error of Tax Auditor in Reporting Payment Date of PF Collected from Employees: ITAT Deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Error-of-Tax-Auditor-Reporting-Payment-Date-of-PF-Collected-from-Employees-ITAT-Deletes-Disallowance-PF-Collected-from-Employees-Employees-Reporting-Payment-Date-taxscan.jpg "Error of Tax Auditor in Reporting Payment Date of PF Collected from Employees: ITAT Deletes Disallowance [Read Order]")
Use of Vehicles by Directors / Employees as per Terms and Conditions of Employment is not Personal use: ITAT sets aside Disallowance of Vehicle Expenses Incurred [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, while setting aside the disallowance of vehicle expenses incurred, held that the use of vehicles by...
![Use of Vehicles by Directors / Employees as per Terms and Conditions of Employment is not Personal use: ITAT sets aside Disallowance of Vehicle Expenses Incurred [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Use-of-Vehicles-by-Directors-Terms-and-Conditions-of-Employment-Terms-and-Conditions-Employment-Personal-use-Employment-is-not-Personal-use-ITAT-Disallowance-of-Vehicle-Expenses-Disallowance-taxscan-1.jpg "Use of Vehicles by Directors / Employees as per Terms and Conditions of Employment is not Personal use: ITAT sets aside Disallowance of Vehicle Expenses Incurred [Read Order]")
No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Mumbai bench recently held that no addition can be made on the amount debited to Employees Share Option Scheme” for the benefit of employees of the...
![No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/amount-debited-to-Employees-Share-Option-Scheme-Employees-of-Company-Employees-Share-Option-Scheme-ITAT-taxscan.jpg "No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]")
NFG Granted to Employee will not count for purpose of Financial Up gradation: Chandigarh CAT quashes CEST order
The Central Administrative Tribunal bench of Rashmi Saxena Sahni and Ramesh Singh Thakur quashed the impugned order of the Central Excise and Service Tax (CEST) granting the financial upgradation to...
![Belated Remittances Towards Employees Contribution to EPF & ESI: ITAT sustains Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Belated-Remittances-Towards-Employees-Contribution-to-EPF-ESI-Employees-Contribution-to-EPF-ESI-Employees-Contribution-EPF-ESI-ITAT-sustains-Disallowance-ITAT-Disallowance-Taxscan.jpg "Belated Remittances Towards Employees Contribution to EPF & ESI: ITAT sustains Disallowance [Read Order]")
Employees of State Government Undertaking cannot be treated as State Government Employee: ITAT upholds Restricting Exemption made u/s 10(10) & s.10(10AA) of Income Tax Act
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that employees of state government undertakings could not be treated as state government employees. Therefore the...
Amount of Surety Bond forfeited/encashed from outgoing Contractual Employee attracts nil GST: AAR [Read Order]
The Haryana Authority for Advance Ruling (AAR), ruled that the Amount of Surety Bond forfeited/encashed from outgoing contractual employee attracts nil GST. The applicant, Rites Limited, is a...
![Amount of Surety Bond forfeited/encashed from outgoing Contractual Employee attracts nil GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Surety-Bond-Amount-Contractual-employee-GST-AAR-Employee-taxscan.jpg "Amount of Surety Bond forfeited/encashed from outgoing Contractual Employee attracts nil GST: AAR [Read Order]")