Supreme Court lifts extension of limitation period due to COVID-19 [Read Order]
The Supreme Court lifted the extension of the limitation period due to COVID-19 pandemic. In its March 23 last year order, the apex court has...
![Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Calcutta-HC-Tax-Dept-belated-appeal-tax-effect-taxscan.jpg "Calcutta High Court burdens Tax Dept. with cost of Rs.50,000 for filing belated Appeal where Tax effect was less than Rs. 1 Cr [Read Order]")
![Detention Order can’t be quashed for mere delay in Execution: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Detention-Order-quashed-mere-delay-Execution-Delhi-High-Court-Taxscan.jpg "Detention Order can’t be quashed for mere delay in Execution: Delhi High Court [Read Judgment]")
Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi held that the option money received by the assessee is capital receipt which requires an adjustment only at the time of transfer of the shares by Dabur...
![Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Dabur-money-Capital-Receipt-adjustment-Transfer-of-Shares-ITAT-taxscan.jpg "Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]")
Govt notifies Court of Session as Special Court for trial of cases under PMLA in Haryana, Punjab, Chandigarh [Read Notification]
The Government notified the Court of Session designated as Special Court under the Prevention of Money-Laundering Act, 2002 for the trial of cases under PMLA in Haryana, Punjab, and in the Union...
Supreme Court alters its Direction on Constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members [Read Order]
The Supreme Court altered its direction on the constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members. This Miscellaneous Application has been filed for...
![Supreme Court alters its Direction on Constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Supreme-Court-Constitution-of-Search-Cum-Selection-Committee-Appointment-of-Tribunal-Members-Taxscan.jpeg "Supreme Court alters its Direction on Constitution of Search Cum Selection Committee regarding Appointment of Tribunal Members [Read Order]")
Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]
The Karnataka High Court deleted disallowance made in respect of Expenditure incurred from income not includible in total income under Section 14A of Income Tax Act. The assessee, Hindustan...
![Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/Karnataka-High-Court-disallowance-Expenditure-income-Taxscan.jpg "Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]")
Delhi High Court allows Import of permitted and licensed quantity of Poppy Seeds in accordance with the Guidelines [Read Order]
The Delhi High Court allowed the import of the permitted and licensed quantity of poppy seeds in accordance with the guidelines. The Petitioners sought the grant of extension of two months to...
![Delhi High Court allows Import of permitted and licensed quantity of Poppy Seeds in accordance with the Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Delhi-High-Court-import-permitted-and-licensed-quantity-poppy-seeds-guidelines-Taxscan.jpeg "Delhi High Court allows Import of permitted and licensed quantity of Poppy Seeds in accordance with the Guidelines [Read Order]")
Benefit of reduced GST rate not available on Manufacture, Supply of marine pressure tight cables and Marine non-pressure tight cables: AAR [Read Order]
The Gujarat Authority of Advance Ruling (AAR) ruled that Benefit of reduced GST rate not available on manufacture, supply of marine pressure tight cables and the marine non-pressure tight...
![Benefit of reduced GST rate not available on Manufacture, Supply of marine pressure tight cables and Marine non-pressure tight cables: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-GST-Rate.jpg "Benefit of reduced GST rate not available on Manufacture, Supply of marine pressure tight cables and Marine non-pressure tight cables: AAR [Read Order]")