![CBDT issues Guidelines for Compounding of Offences [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Offences-taxscan.jpg "CBDT issues Guidelines for Compounding of Offences [Read Circular]")
CBDT issues Guidelines for Compounding of Offences [Read Circular]
The Central Board of Direct Taxes (CBDT) has issued the guidelines applicable for the compounding of offences under the Income Tax Act, 1961. ...
![Withholding of TDS Not the Right Way for Income Tax Dept to Collect Tax when Statute provides Sufficient Mechanism to Recover from Defaulter: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/TDS-Income-Tax-Dept-ITAT-taxscan.jpeg "Withholding of TDS Not the Right Way for Income Tax Dept to Collect Tax when Statute provides Sufficient Mechanism to Recover from Defaulter: ITAT [Read Order]")
![Cash Payments made to Agriculturists are allowable, No Addition u/s 40A (3) sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Cash-payments-agriculturists-ITAT-taxscan.jpeg "Cash Payments made to Agriculturists are allowable, No Addition u/s 40A (3) sustain: ITAT [Read Order]")
Application under Companies Act against an order rejecting Waiver of Interest would fall under Direct Tax Vivad Se Vishwas Act: Delhi High Court [Read Order]
The Delhi High Court has ruled that an application under the Companies Act against the order rejecting the application for waiver of interest would fall within the scope of Direct Tax Vivad Se...
![Application under Companies Act against an order rejecting Waiver of Interest would fall under Direct Tax Vivad Se Vishwas Act: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Companies-act-Direct-Tax-Vivad-Se-Vishwas-Act-Delhi-High-Court-taxscan.jpeg "Application under Companies Act against an order rejecting Waiver of Interest would fall under Direct Tax Vivad Se Vishwas Act: Delhi High Court [Read Order]")
FKCCI urges Centre either to remove or provide clarification on the newly introduced Clause 44 in Form No 3CD
Federation of Karnataka Commerce and Industries (FKCCI) in a letter addressed to Smt. Nirmala Sitaraman, Union Minister for Finance and Corporate Affairs requested to either scrap Clause 44 in Form...
![Creditworthiness of Lender not proved: Allahabad HC upholds order u/s 148A(d) as Legal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Creditworthiness-of-lender-Allahabad-HC-taxscan.jpeg "Creditworthiness of Lender not proved: Allahabad HC upholds order u/s 148A(d) as Legal [Read Order]")
CBDT notifies Andhra Pradesh Pollution Control Board eligible for Income Tax Exemption [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Andhra Pradesh Pollution Control Board eligible for income tax exemption under section 10(46) of the Income Tax Act, 1961. Under section...
![CBDT notifies Andhra Pradesh Pollution Control Board eligible for Income Tax Exemption [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/CBDT-Andhra-Pradesh-Pollution-Control-Board-Income-Tax-Exemption-taxscan.jpg "CBDT notifies Andhra Pradesh Pollution Control Board eligible for Income Tax Exemption [Read Notification]")
![Calcutta HC directs Govt to file Explanation in Transfer of Income Tax File u/s 127(2) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Kolkata-HC-Income-Tax-taxscan.jpeg "Calcutta HC directs Govt to file Explanation in Transfer of Income Tax File u/s 127(2) [Read Order]")
Interest received by Bank post Liquidation can’t be Taxed if diverted at Source as per DICGCI: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that Interest received by the bank post liquidation can’t e taxed if diverted at source as per the provision of the Deposit,...
![Interest received by Bank post Liquidation can’t be Taxed if diverted at Source as per DICGCI: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-bank-post-liquidation-DICGCI-ITAT-taxscan.jpg "Interest received by Bank post Liquidation can’t be Taxed if diverted at Source as per DICGCI: ITAT [Read Order]")
