![Patna High Court quashes demand of GST, Interest, and Penalty as No Opportunity of Hearing was afforded [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Patna-High-Court-GST-Penalty-interest-Taxscan.jpg "Patna High Court quashes demand of GST, Interest, and Penalty as No Opportunity of Hearing was afforded [Read Order]")
Patna High Court quashes demand of GST, Interest, and Penalty as No Opportunity of Hearing was afforded [Read Order]
The Patna High Court quashed the demand of GST, interest and penalty as no opportunity of hearing was afforded. The petitioner, Shashikant Singh...
![No Relief to Actor Suriya: Madras High Court dismisses plea seeking Waiver of Interest on Income Tax for not fulfilling Conditions under Sec 220 (2A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Suriya-Madras-High-Court-Interest-on-Income-Tax-Taxscan.jpg "No Relief to Actor Suriya: Madras High Court dismisses plea seeking Waiver of Interest on Income Tax for not fulfilling Conditions under Sec 220 (2A) [Read Order]")
![Madras HC directs GST Officer to hear plea on charging of Interest for delayed GST Payment [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Madras-High-Court-GST-Officer-GST-Payment-Taxscan.jpg "Madras HC directs GST Officer to hear plea on charging of Interest for delayed GST Payment [Read Order]")
![Venture Capital Funds liable to pay Service Tax on Expenditure incurred in Administration of Fund and Carried Interest: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Venture-Capital-Funds-Service-Tax-Administration-of-Fund-CESTAT-Taxscan.jpg "Venture Capital Funds liable to pay Service Tax on Expenditure incurred in Administration of Fund and Carried Interest: CESTAT [Read Order]")
![Interest paid on Late Payment of Service Tax is a Deductible Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Late-Payment-of-Service-Tax-Deductible-Business-Expenditure-ITAT-Taxscan.jpg "Interest paid on Late Payment of Service Tax is a Deductible Business Expenditure: ITAT [Read Order]")
Madras HC upholds levy of Interest under GST on belated Cash Remittance as it is Compensatory, Mandatory [Read Order]
The Madras High Court ruled that levy of interest under Goods and Service Tax (GST) on belated cash remittance as it is compensatory and mandatory. The petitioner, M/s.F1 Auto Components P ltd has...
![Madras HC upholds levy of Interest under GST on belated Cash Remittance as it is Compensatory, Mandatory [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Madras-High-Court-levy-of-interest-GST-Taxscan.jpeg "Madras HC upholds levy of Interest under GST on belated Cash Remittance as it is Compensatory, Mandatory [Read Order]")
Interest earned on FD maintained with Bank for availing Credit Facility couldn’t be treated as Business Income, not entitled to Deduction: Delhi HC [Read Judgment]
The Delhi High Court ruled that the interest earned on Fixed Deposits maintained with a bank for availing credit facility could not be treated as business income and is not entitled to deduction. ...
![Interest earned on FD maintained with Bank for availing Credit Facility couldn’t be treated as Business Income, not entitled to Deduction: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/Delhi-High-Court-business-income-FD-Taxscan.jpg "Interest earned on FD maintained with Bank for availing Credit Facility couldn’t be treated as Business Income, not entitled to Deduction: Delhi HC [Read Judgment]")
Delayed Payment of Income Tax may call for Penalty or Interest but could not be construed as an attempt to Evade Tax: Gujarat HC [Read Judgment]
The Gujarat High Court held that the delayed payment of Income Tax may call for penalty or interest but could not be construed as an attempt to evade tax. The petitioner, Ganga Devi Somani is the...
![Delayed Payment of Income Tax may call for Penalty or Interest but could not be construed as an attempt to Evade Tax: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/evade-tax-income-tax-Gujarat-high-court-Taxscan.jpeg "Delayed Payment of Income Tax may call for Penalty or Interest but could not be construed as an attempt to Evade Tax: Gujarat HC [Read Judgment]")
![RBI issues Review of Instructions on Interest on overdue Domestic Deposits [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/07/RBI-Interest-on-overdue-domestic-deposits-Taxscan.jpeg "RBI issues Review of Instructions on Interest on overdue Domestic Deposits [Read Circular]")
Refund of Interest on pre-deposit to be determined from expiry of 3 months from date of communication of order: Andhra Pradesh HC [Read Judgment]
The Andhra Pradesh High Court held that the refund of interest on pre-deposit to be determined from the expiry of 3 months from the date of communication of the order. The appellant, M/s.Maithan...
