ICAI Campus Placement: 5,194 CA Final Passed Students got Job Offers with an Average Salary of Rs. 12.48 Lakhs, says President
The President of the Institute of Chartered Accountants of India (ICAI), CA. (Dr.) Debashis Mitra has stated that a total of 5,194 candidates were...
![Relief to MUFG Bank: ITAT holds Salary paid by Head Office to expatriate Employees working in Indian branches, allowable as Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/MUFG-Bank-ITAT-Salary-paid-expatriate-Employees-Indian-branches-Deduction-taxscan.jpg "Relief to MUFG Bank: ITAT holds Salary paid by Head Office to expatriate Employees working in Indian branches, allowable as Deduction [Read Order]")
![TDS on Net Salary is Permissible under Income Tax Act: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/TDS-Net-Salary-Income-Tax-Act-ITAT-Addition-taxscan.jpg "TDS on Net Salary is Permissible under Income Tax Act: ITAT deletes Income Tax Addition [Read Order]")
![Supreme Court upholds Validity of Contributory Pension Scheme, 2014: Allows Contribution of 8.33% of total Salary drawn [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/11/Supreme-Court-Pension-Scheme-Salary-drawn-taxscan.jpg "Supreme Court upholds Validity of Contributory Pension Scheme, 2014: Allows Contribution of 8.33% of total Salary drawn [Read Judgment]")
![Salary allowable as Expenditure When Calculation Sheets on Pay Revision available: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Salary-Calculation-Sheets-on-Pay-Revision-ITAT-TAXSCAN.jpg "Salary allowable as Expenditure When Calculation Sheets on Pay Revision available: ITAT [Read Order]")
Disclose Correct TDS and Salary while filing Income Tax Return If TDS Greater than Salary: Dept Issues FAQ for Filing ITR
The Income tax department has uploaded a set of Frequently Asked Questions (FAQs) to tackle the issues while filing of income tax returns, wherein it was asked the taxpayers to disclose correct...
Employer responsible for Short Deduction of TDS: ITAT orders to Rectify Order passed Ignoring Form 16 [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has directed the Assessing Officer to rectify the order passed without considering the TDS Statement under form 16 by invoking section 154 of...
![Employer responsible for Short Deduction of TDS: ITAT orders to Rectify Order passed Ignoring Form 16 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Tax-Deducted-at-Source-TDS-TDS-Reduction-taxscan.jpeg "Employer responsible for Short Deduction of TDS: ITAT orders to Rectify Order passed Ignoring Form 16 [Read Order]")
Non-Representation in Customs Cases: CBIC conducts 'HC Litigation Monitoring Fortnight' post Bombay HC Order imposing Cost on Pr. Chief Commissioner [Read Circular]
In connection with the recent Bombay High Court judgment ordering to impose costs on Pr. Chief Commissioner (Customs) and adjust the same from the salary, the Central Board of Indirect Taxes and...
![Non-Representation in Customs Cases: CBIC conducts HC Litigation Monitoring Fortnight post Bombay HC Order imposing Cost on Pr. Chief Commissioner [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/07/CBIC-Cases-Customs-Cases-CBIC-Bombay-HC-Order-Chief-Commissioner-taxscan.jpeg "Non-Representation in Customs Cases: CBIC conducts HC Litigation Monitoring Fortnight post Bombay HC Order imposing Cost on Pr. Chief Commissioner [Read Circular]")
Remuneration to Partner out of Profit is not ‘Salary’, cannot be treated as ‘Expenditure’ for the purpose of S. 40A(3): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the remuneration paid to Partner out of the share of profit cannot be treated as ‘salary’ to consider the same as “expenditure”...
![Remuneration to Partner out of Profit is not ‘Salary’, cannot be treated as ‘Expenditure’ for the purpose of S. 40A(3): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Remuneration-Profit-Salary-Expenditure-ITAT-Taxscan.jpeg "Remuneration to Partner out of Profit is not ‘Salary’, cannot be treated as ‘Expenditure’ for the purpose of S. 40A(3): ITAT [Read Order]")
CBDT releases Detailed Circular regarding TDS and Income Tax Deduction on Salaries for AY 2021-22 [Read Circular]
The Central Board of Direct Taxes (CBDT) has released a circular regarding Tax Deduction at Source (TDS) and income tax deduction on salaries for the year 2021-22. The Circular issued today...
![CBDT releases Detailed Circular regarding TDS and Income Tax Deduction on Salaries for AY 2021-22 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/03/CBDT-Detailed-Circular-TDS-Income-Tax-Deduction-Income-tax-Salaries-AY-2021-22-Taxscan.jpg "CBDT releases Detailed Circular regarding TDS and Income Tax Deduction on Salaries for AY 2021-22 [Read Circular]")
![18% GST on Reimbursement of Basic Salary, ESIC, EPF, Bonus: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/GST-Reimbursement-Basic-Salary-ESIC-EPF-Bonus-AAR-Taxscan.jpg "18% GST on Reimbursement of Basic Salary, ESIC, EPF, Bonus: AAR [Read Order]")