![No Satisfaction recorded that Tax cannot be recovered from Company: Bombay HC quashes Recovery Procedure u/s 179 against Director [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Tax-Bombay-HC-Recovery-Procedure-taxscan.jpeg "No Satisfaction recorded that Tax cannot be recovered from Company: Bombay HC quashes Recovery Procedure u/s 179 against Director [Read Order]")
No Satisfaction recorded that Tax cannot be recovered from Company: Bombay HC quashes Recovery Procedure u/s 179 against Director [Read Order]
The Bombay High Court has held that no satisfaction recorded that tax cannot be recovered from Company and quashes recovery procedure u/s 179 against...
![Employee Welfare Expenses cannot be included in Fringe Benefits Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Employee-Welfare-Expenses-Fringe-Benefits-Tax-ITAT-taxscan.jpg "Employee Welfare Expenses cannot be included in Fringe Benefits Tax: ITAT [Read Order]")
![Income Tax Deduction for Expenses on Covid-19 Treatment: CBDT Notifies Conditions and Form [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Deduction-Expenses-Covid-19-Treatment-CBDT-taxscan-1.jpg "Income Tax Deduction for Expenses on Covid-19 Treatment: CBDT Notifies Conditions and Form [Read Notification]")
![Refunds cannot be withheld just to verify the claim for deduction u/s 10AA: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Refunds-claim-deduction-Delhi-HC-taxscan.jpg "Refunds cannot be withheld just to verify the claim for deduction u/s 10AA: Delhi HC [Read Order]")
Capital Gain on Sale of ESOP offered to Tax as 'Perquisite' considering FMV: ITAT dismisses Appeal by Microsoft Veteran and Google Cloud India VP Anil Bhansali [Read Order]
In a major setback to the current Google Cloud India Vice President and former Microsoft employee, Mr. Anil Bhansali, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an...
![Capital Gain on Sale of ESOP offered to Tax as Perquisite considering FMV: ITAT dismisses Appeal by Microsoft Veteran and Google Cloud India VP Anil Bhansali [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Capital-Gain-ESOP-FMV-ITAT-Microsoft-Veteran-Google-Cloud-India-VP-Anil-Bhansali-taxscan.jpeg "Capital Gain on Sale of ESOP offered to Tax as Perquisite considering FMV: ITAT dismisses Appeal by Microsoft Veteran and Google Cloud India VP Anil Bhansali [Read Order]")
Income Tax Dept expresses Regret on filing Infructuous Appeal against Huawei Technologies: Delhi HC directs Dept to be More Careful [Read Order]
In a relief to Huawei Technologies, the division bench of the Delhi High Court has directed the income tax department to be more careful in filing appeal after the department expressed regret over...
![Income Tax Dept expresses Regret on filing Infructuous Appeal against Huawei Technologies: Delhi HC directs Dept to be More Careful [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Dept-Huawei-Technologies-Delhi-HC-taxscan.jpeg "Income Tax Dept expresses Regret on filing Infructuous Appeal against Huawei Technologies: Delhi HC directs Dept to be More Careful [Read Order]")
Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the royalty expenses incurred by Mercedes Benz India to Daimler AG is deductible from the business income of the Company as the same...
![Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Royalty-Expenses-Mercedes-Benz-India-Daimler-AG-Business-Income-ITAT-taxscan.jpeg "Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]")
Contract based on which Addition is made is Subject Matter of Litigation: Protective Assessment can’t be made, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the protective assessment under the Income Tax Act, 1961 cannot be made when the contract based on which the addition was made...
![Contract based on which Addition is made is Subject Matter of Litigation: Protective Assessment can’t be made, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Contract-Litigation-Protective-Assessment-ITAT-Taxscan.jpeg "Contract based on which Addition is made is Subject Matter of Litigation: Protective Assessment can’t be made, rules ITAT [Read Order]")
![GST: Delay in filing appeal beyond the prescribed limit cant be condoned by AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/filing-appeal-AAR-taxscan.jpeg "GST: Delay in filing appeal beyond the prescribed limit cant be condoned by AAR [Read Order]")
Assessment cannot be Re-opened u/s 148A Income Tax Act without Furnishing of Full Information: Calcutta HC [Read Order]
A division bench of the Calcutta High Court has held that re-assessment under section 148A of the Income Tax Act, 1961 cannot be initiated without furnishing full information on the basis of which...
![Assessment cannot be Re-opened u/s 148A Income Tax Act without Furnishing of Full Information: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessment-under-section-148A-Income-Tax-Act-Full-Information-Calcutta-High-Court-Taxscan.jpg "Assessment cannot be Re-opened u/s 148A Income Tax Act without Furnishing of Full Information: Calcutta HC [Read Order]")