![Assessee can’t be held liable for Interest for short-fall of Advance Tax which arises due to Default of Payer in deducting TDS, rules Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/09/Advance-Tax-TDS-Supreme-Court-Taxscan.jpg "Assessee can’t be held liable for Interest for short-fall of Advance Tax which arises due to Default of Payer in deducting TDS, rules Supreme Court [Read Judgment]")
Assessee can’t be held liable for Interest for short-fall of Advance Tax which arises due to Default of Payer in deducting TDS, rules Supreme Court [Read Judgment]
The Apex Court held that the assessee cannot be held liable for interest for short-fall of advance tax which arises due to Default of Payer in...
![Scrapping of Income Tax Settlement Commission: Central Govt notifies Compensation to Officers for Premature Termination [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/Income-Tax-Settlement-Commission-Central-Government-Compensation-to-Officers-Premature-Termination-Taxscan.jpeg "Scrapping of Income Tax Settlement Commission: Central Govt notifies Compensation to Officers for Premature Termination [Read Notification]")
![GST: Form GST DRC 07 to be issued for Recovery of Interest, rules Gujarat High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-Form-GST-DRC-07-Recovery-of-Interest-rules-Gujarat-High-Court-Taxscan.jpeg "GST: Form GST DRC 07 to be issued for Recovery of Interest, rules Gujarat High Court [Read Order]")
![CBIC issues Urgent Measures to sensitise trade in light of proposed changes to Section 46 of the Customs Act, 1962 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/03/CBIC-Urgent-Measures-to-sensitise-trade-Section-46-of-the-Customs-Act-taxscan.jpeg "CBIC issues Urgent Measures to sensitise trade in light of proposed changes to Section 46 of the Customs Act, 1962 [Read Circular]")
![An Insight of Govt’s proposal of 127 Amendments to Finance Bill, 2021 [Read Notice of Amendments]](https://www.taxscan.in/wp-content/uploads/2021/03/Govts-proposal-Amendments-Finance-Bill-2021-Taxscan.jpeg "An Insight of Govt’s proposal of 127 Amendments to Finance Bill, 2021 [Read Notice of Amendments]")
Budget 2021: CBIC exempts Social Welfare Surcharge leviable on Crude or roughly trimmed, Agriculture Infrastructure, Development Cess on Gold and Silver [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) exempted Social Welfare Surcharge leviable on Crude or roughly trimmed or Blocks Marble or travertine. The Board further sought to exempt...
![Budget 2021: CBIC exempts Social Welfare Surcharge leviable on Crude or roughly trimmed, Agriculture Infrastructure, Development Cess on Gold and Silver [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/02/Budget-2021-CBIC-Social-Welfare-Surcharge-Crude-Agriculture-Infrastructure-Development-Cess-Gold-and-Silver-Taxscan.jpg "Budget 2021: CBIC exempts Social Welfare Surcharge leviable on Crude or roughly trimmed, Agriculture Infrastructure, Development Cess on Gold and Silver [Read Notification]")
Vivad se Vishwas: Declarations for Direct Tax dispute resolution made from Gujarat stand at dismal 12%
The Income Tax officials said that Just two weeks before “Vivad se Vishwas” direct tax resolution scheme ends, the declarations for dispute resolution made from Gujarat stand at a dismal 12 per cent....
Transfer of Intangible Assets for a valuable consideration by way of allotment of Shares is entitled to Depreciation: Karnataka HC [Read Judgment]
The Karnataka High Court held that the transfer of intangible assets for a valuable consideration by way of allotment of shares is entitled for depreciation. The assessee, M/s Padmini Products is...
![Transfer of Intangible Assets for a valuable consideration by way of allotment of Shares is entitled to Depreciation: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Transfer-of-intangible-assets-valuable-consideration-allotment-shares-entitled-depreciation-Karnataka-High-court-Taxscan.jpeg "Transfer of Intangible Assets for a valuable consideration by way of allotment of Shares is entitled to Depreciation: Karnataka HC [Read Judgment]")
