![Non-Compete Fees paid to Employees not Taxable as per Indo-USA Tax Treaty: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/07/Non-Competent-Fee-Karnataka-High-Court-Taxscan.jpeg "Non-Compete Fees paid to Employees not Taxable as per Indo-USA Tax Treaty: Karnataka HC [Read Judgment]")
Non-Compete Fees paid to Employees not Taxable as per Indo-USA Tax Treaty: Karnataka HC [Read Judgment]
The High Court of Karnataka held that the amount paid to the employees under the non-compete agreement is covered by the expression ‘salary/profits in...
![PILCOM liable to pay TDS on Payments made to Foreign Sports Associations during ICC World Cup: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/PILCOM-1996-World-Cup-Taxscan.jpg "PILCOM liable to pay TDS on Payments made to Foreign Sports Associations during ICC World Cup: SC [Read Judgment]")
![Wrong Assumption of Facts or Incorrect Application of Law would make the order liable for Revision: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-3-4.jpg "Wrong Assumption of Facts or Incorrect Application of Law would make the order liable for Revision: ITAT [Read Order]")
![CBDT to Felicitate Outstanding Work of Income Tax Officers in E-Assessment [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/02/CBDT-E-Assessment-Filing-Taxscan.jpg "CBDT to Felicitate Outstanding Work of Income Tax Officers in E-Assessment [Read Circular]")
ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order]
In a significant ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has imposed a penalty of Rs. 5000 on an assessee on the grounds of a delay of 358 days in filing appeal and...
![ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Assessee-Penalty-Appeal-Income-Tax-Income-Tax-Officer-Taxscan.jpg "ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order]")
Securities Exchange is entitled to exercise its Right of Lien on Security Deposits, reiterates Bombay HC [Read Judgment]
The Bombay High Court has reiterated that the security exchange is entitled to exercise its right of lien on security deposits. The Writ Petition was filed by the Stock Exchange Bombay, now called as...
![Securities Exchange is entitled to exercise its Right of Lien on Security Deposits, reiterates Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Security-Deposits-Bombay-High-Court-Taxscan-1.jpg "Securities Exchange is entitled to exercise its Right of Lien on Security Deposits, reiterates Bombay HC [Read Judgment]")
![Penalty cant be levied on Erroneously Seized Amount: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Cash-Seized.jpg "Penalty cant be levied on Erroneously Seized Amount: Supreme Court [Read Judgment]")
Late Night hearings by CIT (Appeals) Reduces Working Efficiency, Resulting into Misleading Order: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT)Â in the case of Shri Shanmugam Senthilkumar vs. The Income Tax Officer ordered Commissioner of Income Tax (Appeals)Â to elaborate on the reasons for the...
![Late Night hearings by CIT (Appeals) Reduces Working Efficiency, Resulting into Misleading Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Working-Efficiency-CIT-Late-night-Hearing-Misleading-Order-Taxscan.jpg "Late Night hearings by CIT (Appeals) Reduces Working Efficiency, Resulting into Misleading Order: ITAT [Read Order]")
![Kerala High Court dismisses Income Tax Officers Plea to nullify Misconduct Proceedings [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/TDS-Kerala-High-Court-Taxscan.jpg "Kerala High Court dismisses Income Tax Officers Plea to nullify Misconduct Proceedings [Read Judgment]")