CA / CFA Vacancies in SBI
The State Bank of India ( SBI ) has invited Online applications from Indian citizens for appointment to the Specialist Cadre Officers posts on a...
![Late Fee u/s 234E can’t be Levied Retrospectively: ITAT grants relief to SBI Branches [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/11/SBI.jpg "Late Fee u/s 234E can’t be Levied Retrospectively: ITAT grants relief to SBI Branches [Read Order]")
ITAT Allows 80P Deduction to ‘Interest Income’ earned by SBI Officers Co-op. Credit Society Ltd on deposits placed with SBI [Read Order]
A division bench of the Hyderabad ITAT, while granting relief to M/s SBI Officers Coop. Credit Society Ltd, held that the society is eligible for deduction under Section 80P of the Income Tax Act,...
SBI need not Deduct TDS on Site Restoration Fund of ONGC & Interest Paid on it: ITAT Dismisses Dept’s Plea [Read Order]
While dismissing a departmental appeal, the Income Tax Appellate Tribunal, G bench held that the State Bank of India (SBI) s not bound to deduct tax at source on site restoration fund of ONGC and the...
![SBI need not Deduct TDS on Site Restoration Fund of ONGC & Interest Paid on it: ITAT Dismisses Dept’s Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/SBI-Taxscan.jpg "SBI need not Deduct TDS on Site Restoration Fund of ONGC & Interest Paid on it: ITAT Dismisses Dept’s Plea [Read Order]")
Tax Benefit not available to Foreign Tours provided by SBI to Employees, TDS Applicable: ITAT Jaipur [Read Order]
In State Bank of India v. ACIT, the Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that the Leave Travel Concession (LTC) provided to the employees of SBI is not covered under section...
SBI to Penalize Account Holders for Low Balance: Penalty includes Service Tax also [Read Circular]
The State Bank of India, after 5 years, is re-introducing penalties for low balance and hiking its transaction fee from April 1, 2017. The circular uploaded in the Bank’s website provided that if an...