![Cash Gift from Relatives: ITAT upholds Addition against Non-Resident [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Cash-Gift-Relatives-ITAT-Non-Resident-taxscan.jpeg "Cash Gift from Relatives: ITAT upholds Addition against Non-Resident [Read Order]")
Cash Gift from Relatives: ITAT upholds Addition against Non-Resident [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has upheld addition against the assessee, a non-resident since he was unable to prove...
![Income Tax: CBDT Circular doesn’t empower Assessing Officer to take Advantage of Assessees’ Ignorance and collect More Tax, rules Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-CBDT-Circular-Assessing-Officer-Assessees-Ignorance-Tax-Karnataka-High-Court-Taxscan.jpg "Income Tax: CBDT Circular doesn’t empower Assessing Officer to take Advantage of Assessees’ Ignorance and collect More Tax, rules Karnataka High Court [Read Judgment]")
![High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/High-Court-Inherent-power-statutory-dictate-Sections-14-and-17-IBC-Supreme-Court-Taxscan.jpg "High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]")
![Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Reopening-Time-Limit-Scrutiny-Revised-Return-Section-1395-ITAT-taxscan.jpeg "Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5): ITAT [Read Order]")
![Relief to NDTV Promoters: Supreme Court stays recovery of Rs 27 cr Penalty imposed by SEBI [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Relief-NDTV-Promoters-SC-penalty-SEBI-taxscan.jpg "Relief to NDTV Promoters: Supreme Court stays recovery of Rs 27 cr Penalty imposed by SEBI [Read Order]")
Addition for Unexplained Cash Credit justified in respect of Unexplained Creditors shown as Bogus: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench ruled that the addition for unexplained cash credit is justified in respect of unexplained creditors shown as bogus. The AO asked the...
![Addition for Unexplained Cash Credit justified in respect of Unexplained Creditors shown as Bogus: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/unexplained-cash-credit-unexplained-creditors-bogus-ITAT-Taxscan.jpg "Addition for Unexplained Cash Credit justified in respect of Unexplained Creditors shown as Bogus: ITAT [Read Order]")
Delhi High Court directs GST Authority to decide on petitioner’s offer of giving Immovable Property and release frozen Bank Accounts [Read Order]
The Delhi High Court directed the GST Authority to decide on petitioner’s offer of giving immovable property and release freezed bank accounts. The petitioner, Mahavir Transmission Ltd. sought to...
![Delhi High Court directs GST Authority to decide on petitioner’s offer of giving Immovable Property and release frozen Bank Accounts [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Delhi-High-Court-GST-Authority-immovable-property-freezed-bank-accounts-Taxscan.jpg "Delhi High Court directs GST Authority to decide on petitioner’s offer of giving Immovable Property and release frozen Bank Accounts [Read Order]")
Attachment of Bank Accounts to be continued until objections under Rule 159(5) of CGST Rule are filed: Delhi High Court [Read Order]
The Delhi High Court ordered that the attachment of Bank Accounts be continued until objections under Rule 159(5) of CGST Rule are filed. The petitioner, Ramakrishna Electro Components preferred...
![Attachment of Bank Accounts to be continued until objections under Rule 159(5) of CGST Rule are filed: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Attachment-of-Bank-Accounts-Rule-1595-of-CGST-Rule-Delhi-High-Court-Taxscan.jpg "Attachment of Bank Accounts to be continued until objections under Rule 159(5) of CGST Rule are filed: Delhi High Court [Read Order]")
Bombay High Court directs Authority to withdraw Provisional Attachment of Bank Accounts of AJE India [Read Order]
The Bombay High Court directed the authority to withdraw the provisional attachment of the bank accounts. The petitioner, AJE India Private Limited a company incorporated under the Companies Act,...
![Bombay High Court directs Authority to withdraw Provisional Attachment of Bank Accounts of AJE India [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Bombay-High-Court-provisional-attachment-of-the-bank-accounts-Taxscan.jpeg "Bombay High Court directs Authority to withdraw Provisional Attachment of Bank Accounts of AJE India [Read Order]")
Relief to ICICI: Banks can avail CENVAT Credit of Service Tax paid on Insurance Service received from Deposit Insurance Corporation, says Bombay High Court [Read Order]
The Bombay High Court held that the banks can avail CENVAT credit of service tax paid on insurance service received from Deposit Insurance Corporation. The ICICI Bank has filed a petition wherein...
![Relief to ICICI: Banks can avail CENVAT Credit of Service Tax paid on Insurance Service received from Deposit Insurance Corporation, says Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ICICI-Banks-CENVAT-Credit-Service-Tax-Insurance-Service-Deposit-Insurance-Corporation-Bombay-High-Court-Taxscan.jpg "Relief to ICICI: Banks can avail CENVAT Credit of Service Tax paid on Insurance Service received from Deposit Insurance Corporation, says Bombay High Court [Read Order]")
![ITAT confirms deletion of Penalty against ICICI Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-ICICI-Bank-Penalty-Taxscan.jpg "ITAT confirms deletion of Penalty against ICICI Bank [Read Order]")