GST TRAN 1 and 2 filing: No Form Shall be Accepted After 30th November, says CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has informed that the last date for the filing of GST TRAN-1 and 2 is 30th November 2022 and...
![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]")
Supportive Services with Certificate for Non-Deduction of TDS issued u/s 195(2), Entitled to Allowance: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, held that supportive services with certificate for non-deduction of TDS, issued u/s 195(2) of the...
![Supportive Services with Certificate for Non-Deduction of TDS issued u/s 195(2), Entitled to Allowance: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Supportive-Services-Certificate-Non-Deduction-TDS-Allowance-ITAT-taxscan.jpg "Supportive Services with Certificate for Non-Deduction of TDS issued u/s 195(2), Entitled to Allowance: ITAT [Read Order]")
Statutory/Professional Bodies including ICAI Eligible for Income Tax Exemption If Amounts Charged are Nominal to Cover Costs: Supreme Court [Read Judgment]
The Supreme Court Division Bench of Chief Justice of India Uday Umesh Lalit, Justice S. Ravindra Bhat and Justice P S Narasimha, while deciding that educational institutions making profits and gains...
![Statutory/Professional Bodies including ICAI Eligible for Income Tax Exemption If Amounts Charged are Nominal to Cover Costs: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/Statutory-Professional-Bodies-ICAI-Income-Tax-Exemption-Supreme-Court-taxscan.jpg "Statutory/Professional Bodies including ICAI Eligible for Income Tax Exemption If Amounts Charged are Nominal to Cover Costs: Supreme Court [Read Judgment]")
Supreme Court directs to Erase Personal Remarks by Director of Income Tax against Founder of Trust from Order [Read Order]
In a recent order, the Supreme Court has directed to erase the personal remarks made against the authors-cum-Founder Chairman of the assessee-trust in the order passed by the Director of Income Tax...
![Supreme Court directs to Erase Personal Remarks by Director of Income Tax against Founder of Trust from Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Supreme-Court-Personal-Remarks-Income-Tax-E-Trust-Order-taxscan.jpeg "Supreme Court directs to Erase Personal Remarks by Director of Income Tax against Founder of Trust from Order [Read Order]")
Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]
The Supreme Court of India, in a recent ruling, has held that the valuation of shares shall be done taking into consideration the restrictions and limitations on transfer of said shares. The issue...
![Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/Share-Valuation-Gift-Tax-Restrictions-Transfer-Supreme-Court-taxscan.jpg "Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]")
State is a 'Secured Creditor' under IBC: Supreme Court upholds VAT Dept's Claim during Liquidation [Read Order]
The Supreme Court of India, upheld the Value Added Tax (VAT) Department’s claim for first charge over property of the corporate debtor, Rainbow Papers Limited and held that State is a ‘Secured...
![State is a Secured Creditor under IBC: Supreme Court upholds VAT Depts Claim during Liquidation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/IBC-Supreme-Court-VAT-Claim-during-TAXSCAN.jpg "State is a Secured Creditor under IBC: Supreme Court upholds VAT Depts Claim during Liquidation [Read Order]")
Tata Motors shall Pay CST to State of Jharkhand on Sale of Vehicles to APSRTC: Supreme Court directs State of Andhra Pradesh to Transfer Recovered Tax [Read Order]
In a recent ruling, a two-judge bench of the Supreme Court held that the State of Jharkhand would be eligible to collect Central Sales Tax on the inter-state sale of vehicles/buses to the Andhra...
![Tata Motors shall Pay CST to State of Jharkhand on Sale of Vehicles to APSRTC: Supreme Court directs State of Andhra Pradesh to Transfer Recovered Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Tata-Motors-CST-Sale-Vehicles-APSRTC-Supreme-Court-State-of-Andhra-Pradesh-Tax-taxscan.jpg "Tata Motors shall Pay CST to State of Jharkhand on Sale of Vehicles to APSRTC: Supreme Court directs State of Andhra Pradesh to Transfer Recovered Tax [Read Order]")