Cheques proven for Debt Repayment: Accused Convicted u/s 138 of NI Act for Cheque Dishonor Citing Failure to Rebut Presumption of Debt [Read Order]
The Delhi Judicial First Class Magistrate Court ( JFMC ) convicted the accused under Section 138 of the Negotiable Instruments ( NI ) Act, 1881, for...
![Lack of Observations in Appellate Order indicates Non-Application of Mind: Bombay HC remands Excise Matter to CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/bombay-high-court-Appellate-Order-Non-Application-of-Mind-Lack-of-Observations-Excise-Matter-taxscan.jpeg "Lack of Observations in Appellate Order indicates Non-Application of Mind: Bombay HC remands Excise Matter to CESTAT [Read Order]")
![CBIC amends List 34A and List 34B in Appendix of Customs Notification 50/2017 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBIC-List-34A-and-List-34B-Appendix-Customs-Notification-taxscan.jpg "CBIC amends List 34A and List 34B in Appendix of Customs Notification 50/2017 [Read Notification]")
![One-Year Validity Application to Provisional Attachment Order u/s 83 (2) of CGST Act: Delhi HC directs not to Restrain Operations of Bank A/c [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Delhi-High-Court-CGST-GST-Bank-Account-Operations-Section-83-2-of-cgst-taxscan.jpg "One-Year Validity Application to Provisional Attachment Order u/s 83 (2) of CGST Act: Delhi HC directs not to Restrain Operations of Bank A/c [Read Order]")
![ESOP Expenses are allowable expenditure u/s 37(1) of Income Tax Act: ITAT grants relief to HDFC Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-tax-HDFC-Bank-ESOP-taxscan.jpg "ESOP Expenses are allowable expenditure u/s 37(1) of Income Tax Act: ITAT grants relief to HDFC Bank [Read Order]")
Bad Debts arising out of Business of Credit Card Services is part of Banking Activities: ITAT allows deduction claimed by HDFC Bank u/s 36(1)(vii) of Income Tax Act [Read Order]
The Mumbai bench, Income Tax Appellate Tribunal ( ITAT ) while allowing the deduction claimed by the HDFC Bank under Section 36(1)(vii) of the Income Tax Act, 1961 held that bead debts arising out of...
![Bad Debts arising out of Business of Credit Card Services is part of Banking Activities: ITAT allows deduction claimed by HDFC Bank u/s 36(1)(vii) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-tax-Income-tax-news-HDFC-Bank-Credit-card-services-taxscan.jpg "Bad Debts arising out of Business of Credit Card Services is part of Banking Activities: ITAT allows deduction claimed by HDFC Bank u/s 36(1)(vii) of Income Tax Act [Read Order]")
GSTN Expands Payment Options, Now Accepting GST Payments through 25 Banks, Including 2 New Additions
The Goods and Services Tax Network (GSTN) has expanded its banking partnerships by incorporating Karnataka Bank Limited and RBL Bank Limited, thus increasing the total number of banks facilitating...
ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has disallowed the indexed cost of acquisition and improvement on failure to produce conveyance deed. The assessee, Padmanabhan Mohan, was...
![ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-cost-of-Acquisition-cost-of-Acquisition-and-improvement-on-Failure-taxscan.jpg "ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]")
No immunity to Company Executive Director from NI Act Proceedings Merely Because non mentioning of name in ROC: Telangana HC [Read Order]
The Telangana High Court has held that no immunity to the company executive director from Negotiable Instruments Act, 1881 proceedings merely because non the mentioning of name in the Register of...
