![Both Managing Director and Director are Equally responsible to file IT returns of Company: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Technical-Service-Charges-Delhi-High-Court-Taxscan.jpg "Both Managing Director and Director are Equally responsible to file IT returns of Company: Delhi High Court [Read Judgment]")
Both Managing Director and Director are Equally responsible to file IT returns of Company: Delhi High Court [Read Judgment]
The Delhi High Court has held that both the Managing Director and the Directors of the Company are responsible to file the income tax returns of the...
![CESTAT deletes Penalty since Delay in Payment of Service Tax was due to Financial Crunch [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg "CESTAT deletes Penalty since Delay in Payment of Service Tax was due to Financial Crunch [Read Order]")
![When Validly Revised Return filed pursuant to notice u/s 153A, is accepted, Defects found in Original Return cannot be considered for Imposing Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Revised-Return-Taxscan.jpg "When Validly Revised Return filed pursuant to notice u/s 153A, is accepted, Defects found in Original Return cannot be considered for Imposing Penalty: ITAT [Read Order]")
![Penalty can’t be levied on a Bonafide Dealer for purchasing Goods from Dealer whose VAT Registration was subsequently Cancelled: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/PAN-Penalty-TAN-Taxscan.jpg "Penalty can’t be levied on a Bonafide Dealer for purchasing Goods from Dealer whose VAT Registration was subsequently Cancelled: Allahabad HC [Read Order]")
Allahabad HC quashes Penalty Orders for Goods Transported without E-Way Bill before 1st April [Read Judgment]
A Division Bench of Allahabad High Court, while allowing a bunch of petitions has set aside the departmental orders imposing the penalty against the traders for not bringing the E-Way bill for...
![Allahabad HC quashes Penalty Orders for Goods Transported without E-Way Bill before 1st April [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/E-Way-Bill-Taxscan.jpg "Allahabad HC quashes Penalty Orders for Goods Transported without E-Way Bill before 1st April [Read Judgment]")
![NAA imposes Penalty on Builder for not passing GST Benefit to Flat Buyers [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/GST-Benefit-Taxscan-1.jpg "NAA imposes Penalty on Builder for not passing GST Benefit to Flat Buyers [Read Order]")
Bonafide Human Errors should be demonstrated with Circumstantial Evidence: ITAT upholds Penalty [Read Order]
While dismissing an appeal filed by Swift Knit Pvt.Ltd, the Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has held that in order to avoid penalty under section 271(1)(c) of the Income Tax Act,...
![Bonafide Human Errors should be demonstrated with Circumstantial Evidence: ITAT upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "Bonafide Human Errors should be demonstrated with Circumstantial Evidence: ITAT upholds Penalty [Read Order]")
Penalty for ITC Claim: GST Dept’s Insensitive Move to Affect Kerala Traders after Flood [Read Letter]
In a major setback to the flood-affected business community in Kerala, the GST department may send notice to the manufactures, stockists, retailers and shopkeepers if they have claimed input tax...
![Penalty for ITC Claim: GST Dept’s Insensitive Move to Affect Kerala Traders after Flood [Read Letter]](https://www.taxscan.in/wp-content/uploads/2018/08/ITC-Claim-Kerala-Floods-Taxscan.jpg "Penalty for ITC Claim: GST Dept’s Insensitive Move to Affect Kerala Traders after Flood [Read Letter]")
CCI decides another Lesser Penalty case in respect of Cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market [Read Order]
The Competition Commission of India ( CCI ) passed a final order imposing penalty on Panasonic Energy India Co. Limited and Geep Industries (India) Private Limited for colluding to fix prices of...
![CCI decides another Lesser Penalty case in respect of Cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/CCI-Taxscan.jpg "CCI decides another Lesser Penalty case in respect of Cartelisation in Indian Zinc-Carbon Dry Cell Batteries Market [Read Order]")