![Bank’s “Secured Debts” Prevail Over Revenue’s “First Charge” in Property Recovery, SARFAESI and RDB Acts Override KGST and KVAT Act Claims: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Bank-Secured-Debts-Prevail-Revenues-First-Charge-Property-Recovery-SARFAESI-RDB-Override-KGST-KVAT-Act-Kerala-HC-TAXSCAN.jpg "Bank’s “Secured Debts” Prevail Over Revenue’s “First Charge” in Property Recovery, SARFAESI and RDB Acts Override KGST and KVAT Act Claims: Kerala HC [Read Order]")
Bank’s “Secured Debts” Prevail Over Revenue’s “First Charge” in Property Recovery, SARFAESI and RDB Acts Override KGST and KVAT Act Claims: Kerala HC [Read Order]
The High Court of Kerala has held that banks and financial institutions hold priority over revenue authorities’ “First Charge” when recovering debts...
![CBS Fee is Not Proved as Revenue in Nature: ITAT Upholds Revision Order Against SBI [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/CBS-Fee-ITAT-Revision-Order-SBI-taxscan.jpg "CBS Fee is Not Proved as Revenue in Nature: ITAT Upholds Revision Order Against SBI [Read Order]")
![Setback to SBI: CESTAT rules EPF and ESI are not Taxes [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/CESTAT-EPF-SBI-taxscan.jpg "Setback to SBI: CESTAT rules EPF and ESI are not Taxes [Read Order]")
Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]
The Income Tax Appellate Tribunal ( ITAT ),Mumbai Bench, has recently , in the appeals filed before it, while ruling in favor of SBI, held that dominant purpose of the investment holds no...
![Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Investment-ITAT-SBI-Income-Tax-Tax-taxscan.jpg "Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]")
Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench, has recently , in the appeals filed before it, while granting relied to SBI, held that unrealized interest on borrower...
![Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/SBI-ITAT-Unrealized-Interest-Interest-Borrower-Accounts-Non-Performing-Accounts-Non-Taxable-Income-Tax-Taxable-Tax-taxscan.jpg "Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]")
![Relief to SBI: ITAT allows Income Tax Deduction on Bad and Doubtful Debts [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/SBI-ITAT-allows-Income-Tax-Deduction-on-Bad-and-Doubtful-Debts-TAXSCAN.jpg "Relief to SBI: ITAT allows Income Tax Deduction on Bad and Doubtful Debts [Read Order]")
TDS Deductible from LTC for Foreign Travel of Employees: Supreme Court upholds Order against SBI [Read Judgment]
A division bench of the Supreme Court headed by Chief Justice Uday Umesh Lalit has delivered a significant ruling against State Bank of India (SBI), that TDS shall be levied on the leave travel...
![TDS Deductible from LTC for Foreign Travel of Employees: Supreme Court upholds Order against SBI [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/11/Supreme-Court-SBI-TDS-LTC-Foreign-Travel-Taxscan-.jpeg "TDS Deductible from LTC for Foreign Travel of Employees: Supreme Court upholds Order against SBI [Read Judgment]")
SBI cannot take a Defense of Scarcity of Advisors: ITAT imposes Cost of Rs. 1 Lakh for Late filing of TDS Statement [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that State Bank of India (SBI) cannot take a defense of scarcity of advisors and imposes a cost of Rs. 1 lakh for late filing of Tax...
![SBI cannot take a Defense of Scarcity of Advisors: ITAT imposes Cost of Rs. 1 Lakh for Late filing of TDS Statement [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/SBI-ITAT-TDS-Statement-taxscan.jpg "SBI cannot take a Defense of Scarcity of Advisors: ITAT imposes Cost of Rs. 1 Lakh for Late filing of TDS Statement [Read Order]")